Noble Midstream Partners Reports Fourth-Quarter and Full-Year 2020 Results

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Noble Midstream Partners LP (NBLX) Misses Q4 EPS by 13c, Revenues Beat

February 12, 2021 7:39 AM EST

Noble Midstream Partners LP (NASDAQ: NBLX) reported Q4 EPS of $0.44, $0.13 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $207.27 million versus the consensus estimate of $140.57 million.

Fourth-Quarter 2020 and Recent Highlights

Generated $40 million Net Income Attributable to the Partnership, $85 million Net Cash Provided by Operating Activities, and $95 million in Adjusted Net EBITDA1,2Self-funded $7 million in net organic capital expenditures and $23... More