Noble Midstream Partners (NISE: NBLKS) Barclais has reduced its target from $ 59.00 to $ 56.00 in a report released on Friday, October 12th. The company currently has an excessive weight rating on the energy company's habitat.
Several other stock analysts have also recently moved into the company. On Saturday, June 16th, ValuEngine reduced the Noble Midstream Partners rating from the rating report in a research report. Citigroup raised its target price to Noble Midstream Partners from $ 56.00 to $ 64.00 and gave the company a purchase in a research report on Tuesday, July 31st. Robert V. Baird set the $ 59.00 prize for Noble Midstream Partners and gave the company a purchase in the research report on Friday, August 10th. Credit Suisse Group launched the Noble Midstream Partners sponsorship survey on Thursday, October 11th. They issued a rating for the upcoming results and a price of $ 47.00 for the company. Finally, Bank of America has lowered the price of its price partner to Noble Midstream Partners from $ 59.00 to $ 49.00 and set a rating for the company in its research report on Monday, October 1st. Two research analysts rated a rating with sales ratings, one rated the rating, and eight rated the rating for the campaign. The company has an average purchase rating and an average target price of $ 55.50.
Shares of the NBLKS Stock Exchange traded on Friday at $ 1.11, reaching $ 35.60. The company had a trading volume of 214,545 shares, compared with an average volume of 169,403. Noble Midstream Partners has a 12 month low of $ 33.17 and a 12 month high of $ 57.98. The company has a quick ratio of 0.66, a current ratio of 0.68 and a debt ratio in relation to the capital of 0.43. The company has a market capitalization of $ 1.35 billion, a PE ratio of 8.68, a P / E / G ratio of 0.61 and a beta of 1.28.
Noble Midstream Partners (NISE: NBLKS) announced the results of its earnings on Thursday, November 1st. The energy company announced earnings of $ 1.09 per share for a quarter, which exceeded the Zacks consensus estimation of $ 1.00 for $ 0.09. The company had a revenue of $ 139.16 million for a quarter, compared to an estimated analyst at $ 119.25 million. Noble Midstream Partners had a return on equity of 15.89% and a net margin of 38.18%. On average, security research analysts predict that Noble Midstream Partners will become 3.97 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend to be paid on Tuesday, November 13th. The record holders will be paid on Monday, November 5, with a dividend of $ 0.5597 per share. This is a positive change from the previous quarterly dividend of Noble Midstream Partners of $ 0.53. The date of the e-dividend is on Friday, November 2nd. This represents an annual dividend of $ 2.24 and a yield of 6.29%. The distribution of the Noble Midstream Partners (DPR) dividend coefficient is currently 54.63%.
Several hedge funds have recently modified their property in business. Tortoise Capital Advisors L.L.C. in the second quarter, raised its stake in Noble Midstream Partners by 2.6%. Tortoise Capital Advisors L.L.C. now owns 2,225,122 shares of an energy company worth 113,615,000 dollars after having bought an additional 57,165 shares in the last quarter. Cannell Peter B & Co. Inc. in the third quarter raised its stake in Noble Midstream Partners by 8.7%. Cannell Peter B & Co. Inc. now owns 942,075 shares of the energy company in the value of 33,359,000 dollars after having bought an additional 75,490 shares in the last quarter. Perella Veinberg Partners Capital Management LP in the second quarter raised its stake in Noble Midstream Partners by 51.7%. Perella Veinberg Partners Capital Management LP now owns 803,065 shares of the energy company in the amount of 41,004,000 dollars after having bought an additional 273,727 shares in the last quarter. Commonwealth Pennsilvania Public School Empls Retrmt SIS bought a new stake in Noble Midstream Partners during the second quarter, worth $ 37,714,000. Finally, Morgan Stanley increased his share in Noble Midstream Partners by 24.9% in the second quarter. Morgan Stanley now owns 707,259 shares of a power company worth $ 36,112,000 after buying 141,108 shares in the last quarter. 56.37% of shares are owned by hedge funds and other institutional investors.
About Noble Midstream Partners
Noble Midstream Partners LP owns, operates, develops and procures medium-sized infrastructure assets in the United States. The company provides crude oil, natural gas and water services. The company operates in the Denver-Julesburg Basin in Colorado and the Delaware Basin in Texas. The company was founded in 2014 and is located in Houston, Texas.
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