Noble Midstream Partners: 2Q Earnings Snapshot
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.