Noble Midstream Partners LP (NBLX) Tops Q4 EPS by 2c

Noble Midstream Partners Announces 2017 Capital Budget and Guidance

February 13, 2017 4:45 PM EST

Affirms Annual 20% Distribution per Unit Organic Growth Target through 2020

HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NYSE: NBLX) (Noble Midstream or the Partnership) today announced its 2017 capital budget and provided 2017 guidance and a long-term outlook.

2017 Guidance Highlights include:

Capital budget of $270 - $300 million, or $155 - $ 175 million attributable to the Partnership Oil and Gas gathering volumes of 72 - 80 thousand barrels of oil equivalent per day (MBoe/d) Produced Water gathering volumes of 17 - 24 thousand barrels of water per day (MBw/d)... More

Noble Midstream Partners Reports Fourth Quarter and Full Year 2016 Results

February 13, 2017 4:40 PM EST

HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NYSE: NBLX) (Noble Midstream or the Partnership) today reported fourth quarter and full year 2016 financial and operations results.

Fourth Quarter Highlights include:

Net Income of $35 million, or $25 million attributable to the Partnership Net Cash Provided by Operating Activities of $38 million EBITDA1 of $38 million, or $27 million attributable to the Partnership, an increase over the prior year quarter of 22%, or 16%, respectively Increased the Partnerships first full quarter distribution to $0.3925 ($1.57 annualized), a 4.7% increase from the minimum... More

Noble Energy Provides Detailed 2017 Outlook and Guidance

February 13, 2017 4:35 PM EST

Full-year sales volumes have been raised to 415 - 425 MBoe/d, up nearly 5 percent from last year, after adjusting for 2016 divestment impacts.  Volumes from the announced Clayton Williams Energy acquisition are included in the Companys total beginning with expected closing in the second quarter of 2017.Total Company oil volumes are anticipated to be higher by approximately 9 percent, after adjusting for 2016 divestment impacts.  U.S. onshore oil is anticipated to be up nearly 30 percent year on year, after adjusting for 2016 divestments.Organic capital expenditures for 2017 are estimated to be between $2.3 and $2.6... More

Noble Energy Announces Fourth Quarter And Year-End 2016 Results

February 13, 2017 4:30 PM EST

Continued outperformance delivered quarterly sales volumes of 410 MBoe/d, at the top end of the guidance range.  Oil volumes of 131 MBbl/d were above expectations, driven by the DJ Basin and Gulf of Mexico.Strong natural gas demand contributed to a 10 percent increase in Israel sales volumes compared to the fourth quarter of 2015.Organic quarterly capital expenditures totaled $404 million, below the low end of guidance.U.S. Onshore well results from enhanced completions continued to perform in line with or above expectations.  Wolfcamp A wells in the Delaware... More