Noble Midstream Partners LP (NBLX) Offers Q4 Outlook Ahead of Wells Fargo Conference

Noble Midstream Partners LP (NYSE: NBLX) provided fourth quarter guidance for volumes and select financial metrics.

Fourth Quarter 2016 Guidance

• Oil and Gas gathering volumes of 62 – 65 thousand barrels of oil equivalent per day (MBoe/d)
• Produced water gathering volumes of 10 – 12 thousand barrels of water per day (MBw/d)
• Fresh water delivery volumes of 125 – 150 (MBw/d)
• Net Income of $34 - $37 million
• EBITDA(1) of $36 - $40 million, or attributable to the Partnership of $26 - $29 million
• Distributable Cash Flow (“DCF”) (1) of $24 - $27 million

Terry R. Gerhart, Chief Executive Officer of Noble Midstream added, “We are pleased with the operational momentum that has carried over from the third quarter when new volumetric records were set in all segments. The business continues to significantly exceed our IPO forecast and activity levels on dedicated acreage are already ahead of our expectations.”

Wells Fargo Conference

Noble Midstream today announced that it will participate in the Wells Fargo Pipeline, MLP and Utility Symposium in New York City, on Tuesday, December 6 and Wednesday, December 7, 2016. An investor presentation to be used at the Symposium, which includes additional fourth quarter guidance, has been made available on the Investors page of the Partnership’s website at www.nblmidstream.com.

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