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Noble Midstream Partners Increases Quarterly Distribution


Noble Midstream Partners LP (NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.5858 per unit for the fourth quarter 2018, a 20% increase compared to the prior year quarter and a 4.7% increase sequentially.

The fourth quarter 2018 distribution will be payable on February 11, 2019 to unitholders of record as of February 4, 2019.

About Noble Midstream

Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy, to own, operate, develop and acquire domestic midstream infrastructure assets. Noble Midstream currently provides crude oil, natural gas, and water-related midstream services in the DJ Basin in Colorado and the Delaware Basin in Texas. For more information, please visit www.nblmidstream.com.

This release serves as a qualified notice to nominees and brokers as provided for under Treasury Regulation Section 1.1446-4(b) that 100% of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, the Partnership's distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate.

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