|Bid||0.00 x 1300|
|Ask||0.00 x 21500|
|Day's Range||15.21 - 15.71|
|52 Week Range||6.50 - 15.73|
|Beta (5Y Monthly)||3.36|
|PE Ratio (TTM)||8.84|
|Earnings Date||Aug 02, 2021 - Aug 06, 2021|
|Forward Dividend & Yield||0.75 (4.93%)|
|Ex-Dividend Date||Feb 04, 2021|
|1y Target Est||13.63|
Chevron Corporation (NYSE: CVX) ("Chevron") and Noble Midstream Partners LP (NASDAQ: NBLX) ("Noble Midstream") announced today that the companies have completed the previously announced acquisition, which resulted in Noble Midstream becoming an indirect, wholly-owned subsidiary of Chevron.
LEAWOOD, KS / ACCESSWIRE / May 7, 2021 / TortoiseEcofin today announced that Noble Midstream Partners LP (NASDAQ:NBLX) will be removed from the Tortoise MLP Index® (TMLP) and the Tortoise North American Pipeline IndexSM (TNAP) pending the close of the announced merger transaction with Chevron Corp (NYSE:CVX). If approved, NBLX will be removed from both indices at market open on Tuesday, May 11, 2021.
Noble Midstream Partners LP (NASDAQ: NBLX) ("Noble Midstream" or the "Partnership") announced today that it expects to close the previously announced merger transaction with Chevron Corporation ("Chevron") in mid-May. Under the terms of the merger agreement, at the closing, all of the publicly held common units representing limited partner interests in the Partnership will convert into the right to receive newly issued shares of Chevron common stock. As a result, Partnership unitholders are not expected to receive a quarterly distribution from the Partnership for the quarter ended March 31, 2021, and instead, unitholders are expected to receive a quarterly dividend, payable June 10, 2021, from Chevron for the quarter ended March 31, 2021, provided that such unitholders continue to hold the shares of Chevron common stock received in the merger on May 19, 2021, the record date for the Chevron quarterly dividend.