Noble Midstream Partners Increases Quarterly Distribution
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HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NYSE: 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 $0.4665 per unit for the third quarter 2017, a 4.7% increase from the second quarter 2017.
The third quarter 2017 distribution will be payable on November 13, 2017 to unitholders of record as of November 6, 2017.
About Noble Midstream
Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy, Inc., 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171026006062/en/
Noble Midstream Partners LP
Chris Hickman
VP, Investor
Relations
(281) 943-1622
[email protected]
Source: Noble Midstream Partners LP
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