Noble Midstream Partners LP (NYSE:NBLX) is set to announce second quarter earning results on Monday 3rd August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, NBLX to report 2Q20 income of $ 0.52 per share.
For the full year, analysts anticipate top line of $ 653.20 million, while looking forward to income of $ 2.85 per share bottom line.
Previous Quarter Performance
Noble Midstream Partners LP posted income for the first quarter of $ 1.33 per share, from the revenue of $ 224.04 million. The quarterly earnings gained 31.68 percent while revenues elevated 57.85 percent compared with the same quarter last year.
According to street consensus, NBLX was expected to report 1Q20 income of $ 0.56 per share from revenue of $ 178.60 million. The bottom line results beat street analysts by $ 0.77 or 137.50 percent, at the same time, top line results outshined analysts by $ 45.44 million or 25.44 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NBLX was $ 9.40, representing a 419.34 % increase from the 52 week low of $ 1.81 and a 67.45 % decrease over the 52 week high of $ 28.88.
The company has a market capital of $ 849.50 million and is part of the Energy sector and Oil & Gas Midstream industry.
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Recent Stock Dividend Announcement
On April 27, 2020, the board of directors authorized quarterly dividend of $ 0.1875 per share to holders of record as of the close of business on May 8, 2020, with payment date of May 15, 2020 and ex-dividend date on May 7, 2020.
Noble Midstream Partners LP owns, operates, develops, and acquires midstream infrastructure assets in the United States. It operates through three segments: Gathering Systems, Fresh Water Delivery, and Investments and Other. The company provides crude oil, natural gas, and water-related midstream services.
