NBLX - Noble Midstream Partners LP
24.21 0.00 (0.00%)
After hours: 5:38PM EST
| Previous Close | 23.63 |
| Open | 23.63 |
| Bid | 24.10 x 800 |
| Ask | 24.01 x 800 |
| Day's Range | 23.51 - 24.21 |
| 52 Week Range | 20.30 - 40.30 |
| Volume | 866,449 |
| Avg. Volume | 324,275 |
| Market Cap | 2.2B |
| Beta (5Y Monthly) | 1.36 |
| PE Ratio (TTM) | 6.64 |
| EPS (TTM) | 3.64 |
| Earnings Date | Feb 17, 2020 - Feb 21, 2020 |
| Forward Dividend & Yield | 2.69 (11.37%) |
| Ex-Dividend Date | 2019-11-01 |
| 1y Target Est | 27.38 |
- American City Business Journals
Deal of the Week: Energy co., MLP simplify midstream business in $1.6B deal
Houston-based Noble Energy Inc. (NYSE: NBL) and its Noble Midstream Partners LP (NYSE: NBLX) master limited partnership announced a $1.6 billion cash-and-stock deal that will simplify the companies' midstream operations.
- American City Business Journals
Noble Energy drops down midstream assets to MLP, simplifies businesses in $1.6B deal
The deal includes the MLP acquiring all of Noble Energy’s remaining midstream interests and the elimination of the latter's incentive distribution rights.
- MarketWatch
Noble Energy sells onshore midstream assets to Noble Midstream, eliminates IDR in a deal valued at $1.6 billion
Noble Energy Inc. said Friday that a review of its midstream strategy concluded with the sale of essentially all of the oil and natural gas company's U.S. onshore midstream interests and assets to Noble Midstream Partners L.P. , and the elimination of its Incentive Distribution Rights (IDRs) for a value of $1.6 billion. The consideration includes $670 million in cash and 38.5 million of newly issued common shares of Noble Midstream, valued at $930 million. After the deal closes, Noble Energy will own 63% of the outstanding shares of Noble Midstream. Noble Energy's stock edged up 0.4% in premarket trading. It has rallied 14.7% year to date through Thursday while Noble Midstream shares have tumbled 22.7% and the S&P 500 has climbed 23.5%.
- Business Wire
Noble Midstream Announces Private Placement of Common Units
Noble Midstream Partners LP today announced that it has priced a private placement of 12,077,295 common units representing limited partner interests of the Partnership for gross proceeds of approximately $250 million.
- Business Wire
Noble Midstream Announces Simplification and Acquisition of Midstream Interests from Noble Energy
Noble Midstream Partners LP today announced it has entered into a definitive agreement to acquire the Partnership’s incentive distribution rights and substantially all of Noble Energy’s remaining midstream interests for $1.6 billion.
- Thomson Reuters StreetEvents
Edited Transcript of NBLX earnings conference call or presentation 7-Nov-19 5:30pm GMT
Q3 2019 Noble Midstream Partners LP Earnings Call
- Zacks
Sinopec (SNP) Q3 Earnings Miss Estimates, Revenues Fall Y/Y
Lower realized price of crude hurts Sinopec's (SNP) Q3 earnings.
- Zacks
PBF Energy (PBF) Q3 Earnings and Revenues Beat Estimates
PBF Energy's (PBF) third-quarter 2019 results are supported by higher refining margin per barrel in the Gulf Coast, and lower costs and expenses.
- Zacks
Denbury (DNR) Q3 Earnings Meet Estimates on Cost Efficiency
Denbury Resources' (DNR) third-quarter 2019 results are aided by lower costs and expenses, partially offset by decline in commodity price realizations and production volumes.
- Zacks
Here's Why EQT Corp (EQT) is Up 6% Since Q3 Earnings Report
An increase in natural gas equivalent production aids EQT Corp (EQT) in third-quarter 2019.
- Zacks
Enbridge (ENB) Meets Q3 Earnings Estimates, Reaffirms DCF View
Higher throughput in the Mainline System supports Enbridge's (ENB) Q3 earnings.
- Zacks
Matador Resources (MTDR) Q3 Earnings & Sales Beat Estimates
Higher oil equivalent production volume supports Matador Resources' (MTDR) Q3 numbers.
- Zacks
EOG Resources (EOG) Q3 Earnings & Revenues Miss Estimates
Lower average price realization for crude oil and natural gas hurt EOG Resources (EOG) in Q3 earnings.
- Business Wire
Noble Midstream Partners Reports Third Quarter 2019 Results
Noble Midstream Partners LP today reported third quarter 2019 financial and operational results. The Partnership’s consolidated results include noncontrolling interests which represent equity ownership interests that are not attributable to the Partnership; however, certain results are shown as “attributable to the Partnership,” which exclude the aforementioned noncontrolling interests.
- Zacks
Noble Corp (NE) Q3 Earnings and Revenues Beat Estimates
An increase in total rig fleet utilization aids Noble Corp (NE) in Q3 earnings.
- Zacks
NBLX vs. LNG: Which Stock Is the Better Value Option?
NBLX vs. LNG: Which Stock Is the Better Value Option?
- Insider Monkey
Noble Midstream Partners LP (NBLX): Hedge Funds Properly Avoided This Stock
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
- Zacks
The Zacks Analyst Blog Highlights: CNX Midstream Partners, NuStar Energy, Global Partners and Noble Midstream Partners
The Zacks Analyst Blog Highlights: CNX Midstream Partners, NuStar Energy, Global Partners and Noble Midstream Partners
- Business Wire
Noble Midstream Partners Increases Quarterly Distribution
Noble Midstream Partners LP today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.6716 per unit for the third quarter of 2019, a 20% increase compared to the prior year quarter and a 4.7% increase sequentially.
- Zacks
The Best Way to Avoid Oil Price Volatility: Invest in MLPs
The surge in oil and natural gas production over the past few years have made pipelines, storage and associated infrastructure providers attractive bets in the energy midstream space.
- Zacks
NBLX vs. LNG: Which Stock Should Value Investors Buy Now?
NBLX vs. LNG: Which Stock Is the Better Value Option?
- Business Wire
Noble Midstream Partners to Host Conference Call and Webcast on November 7
Noble Midstream Partners LP will host its third quarter 2019 results webcast and conference call at 11:30 a.m., Central Time, Thursday, November 7, 2019.
- Zacks
Magellan (MMP) to Expand Saddlehorn Capacity to 290,000BPD
Owing to volume growth demanded by the shippers during a July open season, Magellan Midstream Partners (MMP) decides to expand the size of its Saddlehorn pipeline by 100,000 bpd.
- Zacks
Plains All American to Expand Saddlehorn Pipeline's Capacity
Plains All American Pipeline (PAA) is likely to benefit from capacity expansion of the Saddlehorn Pipeline.
