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Noble Midstream Partners: 4Q Earnings Snapshot

February 19, 2019

HOUSTON (AP) _ Noble Midstream Partners LP (NBLX) on Tuesday reported fourth-quarter earnings of $39.8 million.

On a per-share basis, the Houston-based company said it had profit of $1.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.05 per share.

The provider of oil, gas and water-related midstream services posted revenue of $136.7 million in the period.

For the year, the company reported profit of $156.9 million, or $3.96 per share. Revenue was reported as $495.5 million.

Noble Midstream Partners shares have increased 11 percent since the beginning of the year. The stock has declined 40 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBLX at https://www.zacks.com/ap/NBLX

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