Noble Midstream Partners

OverviewSuggest Edit

Noble Midstream Partners is a company that provides oil and gas exploration and development services. It offers crude oil, natural gas, and more. The company also provides midstream infrastructure assets operations, ownership, acquisition, management, and development services.
TypePublic
Founded2014
HQHouston, TX, US
Websitenblmidstream.com

Latest Updates

Employees (est.) (Dec 2020)97
Revenue (FY, 2020)$764.6 M(+9%)
Share Price (May 2021)$15.2
Cybersecurity ratingAMore
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Key People/Management at Noble Midstream Partners

Robin Fielder

Robin Fielder

President, CEO and Director
John Reuwer

John Reuwer

Vice President of Business and Corporate Development
Aaron Carlson

Aaron Carlson

General Counsel and Secretary
Tom Christensen

Tom Christensen

Chief Financial Officer and Chief Accounting Officer
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Noble Midstream Partners Office Locations

Noble Midstream Partners has an office in Houston
Houston, TX, US (HQ)
1001 Noble Energy Way
Show all (1)

Noble Midstream Partners Financials and Metrics

Noble Midstream Partners Revenue

Noble Midstream Partners's revenue was reported to be $764.63 m in FY, 2020
USD

Revenue (Q1, 2021)

278.4m

Gross profit (Q1, 2021)

125.3m

Gross profit margin (Q1, 2021), %

45%

Net income (Q1, 2021)

37.6m

EBIT (Q1, 2021)

63.4m

Closing stock price (31-May-2021)

15.2

Cash (31-Mar-2021)

23.2m

EV

1.5b
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

239.3m495.5m703.8m764.6m

Cost of goods sold

29.1m54.0m136.4m181.4m270.7m

Gross profit

185.3m359.2m522.4m493.9m

Gross profit Margin, %

77%72%74%65%
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

48.2m57.8m63.1m97.7m122.0m139.2m148.0m158.3m169.3m224.0m146.0m187.4m278.4m

Cost of goods sold

7.4m11.4m14.3m13.7m17.1m40.0m44.4m30.9m48.1m46.2m26.9m20.0m19.7m153.1m

Gross profit

40.8m43.5m49.4m80.6m82.0m94.8m117.1m110.2m123.1m197.2m125.9m167.7m125.3m

Gross profit Margin, %

85%75%78%82%67%68%79%70%73%88%86%90%45%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

57.4m18.0m10.7m12.7m16.3m

Accounts Receivable

19.2m2.6m23.1m44.1m45.6m

Inventories

2.2m

Current Assets

77.0m86.1m71.3m107.9m125.1m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

47.5m38.9m19.6m10.7m24.9m16.2m18.2m9.5m9.4m17.6m17.7m12.7m17.4m23.2m

Accounts Receivable

17.5m21.2m3.7m2.6m15.8m20.1m25.6m21.6m25.9m20.3m34.5m24.8m45.1m71.3m

Inventories

3.3m2.3m

Current Assets

65.1m60.3m43.5m36.3m72.4m69.1m81.5m79.5m82.7m86.9m107.4m82.0m119.9m150.8m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

85.5m163.6m188.9m245.5m94.9m

Depreciation and Amortization

9.1m13.0m65.3m97.0m105.7m

Accounts Payable

(104.0k)1.4m(6.9m)28.8m339.0k

Cash From Operating Activities

118.5m166.2m239.8m385.1m376.6m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

50.3m34.5m73.6m117.4m39.1m83.6m132.3m63.3m116.5m182.8m(37.5m)13.3m52.1m37.6m

Depreciation and Amortization

6.7m2.4m4.9m8.5m11.3m27.7m46.1m19.4m39.6m60.5m25.9m52.3m78.7m26.9m

Accounts Payable

(476.0k)(2.5m)1.4m5.8m(836.0k)3.2m7.2m3.1m19.4m16.9m(3.3m)(16.6m)(5.6m)30.5m

Cash From Operating Activities

80.6m32.2m74.5m124.4m45.6m105.1m167.9m83.9m172.7m266.1m118.4m219.5m291.4m95.7m
USDQ3, 2016

Financial Leverage

1 x
Show all financial metrics

Noble Midstream Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Noble Midstream Partners Online and Social Media Presence

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Noble Midstream Partners News and Updates

UNITHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of Noble Midstream Partners, LP Buyout

WILMINGTON, Del., March 15, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating Noble Midstream Partners, LP (“Noble Midstream”) (NASDAQ GS: NBLX) regarding possible breaches of fiduciary duties and other violations of law related to Noble Midstream’s agreement to be ac…

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Noble Midstream Partners, LP - NBLX

NEW YORK, March 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City,...

Chevron to acquire rest of Noble Midstream Partners in all-stock deal expected to close in Q2

Chevron Corp. said Friday it has entered an agreement to acquire the 33.925 million shares of Noble Midstream Partners it does not already own in all stock deal. Under the terms of the deal, Chevron will pay 0.1393 of its stock for each common unit of Noble owned. No further financial terms were di…

Noble Midstream Partners Frequently Asked Questions

  • When was Noble Midstream Partners founded?

    Noble Midstream Partners was founded in 2014.

  • Who are Noble Midstream Partners key executives?

    Noble Midstream Partners's key executives are Robin Fielder, John Reuwer and Aaron Carlson.

  • How many employees does Noble Midstream Partners have?

    Noble Midstream Partners has 97 employees.

  • What is Noble Midstream Partners revenue?

    Latest Noble Midstream Partners annual revenue is $764.6 m.

  • What is Noble Midstream Partners revenue per employee?

    Latest Noble Midstream Partners revenue per employee is $7.9 m.

  • Who are Noble Midstream Partners competitors?

    Competitors of Noble Midstream Partners include NOVATEK, California Resources Corporation and Ovintiv.

  • Where is Noble Midstream Partners headquarters?

    Noble Midstream Partners headquarters is located at 1001 Noble Energy Way, Houston.

  • Where are Noble Midstream Partners offices?

    Noble Midstream Partners has an office in Houston.

  • How many offices does Noble Midstream Partners have?

    Noble Midstream Partners has 1 office.