AP NEWS
Click to copy
Click to copy

Noble Midstream Partners: 2Q Earnings Snapshot

August 2, 2019

HOUSTON (AP) _ Noble Midstream Partners LP (NBLX) on Friday reported second-quarter earnings of $36.4 million.

On a per-share basis, the Houston-based company said it had profit of 79 cents.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.

The provider of oil, gas and water-related midstream services posted revenue of $158.3 million in the period.

Noble Midstream Partners shares have climbed roughly 1% since the beginning of the year. The stock has fallen 45% in the last 12 months.

_____

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

All contents © copyright 2019 The Associated Press. All rights reserved.