No insider purchase over the last 90 days. The latest, by Christensen Thomas W., was filed 09 Mar 2020.
Every trade that managers of Noble Midstream Partners LP disclose to SEC (Form 4) is tracked on this page. The company sits in the Energy sector. The past year has been quiet: not a single insider filing for Noble Midstream Partners LP. The previous disclosure was published on 11 May 2021.
Our records for Noble Midstream Partners LP go back to 2016, with 22 purchases and 2 sales on the open market in total.
These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2017 · cache
25 of 107 declarations
Noble Midstream Partners LP (ticker: NBLX) was a U.S.-listed midstream energy partnership that historically traded on the NASDAQ. For investors, the key current fact is that NBLX is no longer an independent public company: Chevron announced in March 2021 that it would acquire the remaining publicly held common units, and the transaction was completed on May 11, 2021, after which Noble Midstream became an indirect wholly owned subsidiary of Chevron and ceased trading as a listed security. As a result, the company is now primarily relevant as a legacy listed midstream name and as a reference point in regulatory filings, including insider-transaction Form 4 documents filed before the merger.
Noble Midstream was formed in December 2014 by its sponsor Noble Energy to own, operate, develop, and acquire domestic midstream infrastructure assets in the United States. Its principal office was in Houston, Texas, at 1001 Noble Energy Way. The company’s business model was concentrated and infrastructure-oriented, with operations built around gathering, transportation, and water handling assets supporting upstream oil and gas production. Its asset footprint was focused mainly in the DJ Basin in Colorado and the Delaware Basin in Texas, two of the most important U.S. shale growth areas over the period in which the partnership was active.
In operational terms, Noble Midstream’s reportable segments included gathering systems, which covered crude oil gathering, natural gas gathering and processing, produced-water gathering, and crude oil sales; fresh water delivery; investments in midstream entities; and corporate activities. This mix gave the partnership exposure to fee-like midstream cash flows, while still tying performance to drilling and completion activity in its core basins. The water-related service offering was particularly important in shale development, where efficient sourcing and disposal of water can be a meaningful competitive differentiator.
From a competitive standpoint, Noble Midstream was smaller than the large diversified U.S. midstream players, but it benefited from strong sponsor support and strategic integration with Noble Energy, later Chevron. That sponsorship provided both a stable customer base and a path toward scale, but it also made the company a natural acquisition target as Chevron sought to simplify governance and consolidate assets in the DJ and Permian basins. The company’s market position was therefore best understood as a basin-focused infrastructure platform rather than a broad, independent midstream franchise.
Recent headline events were dominated by corporate actions rather than standalone operating expansion: Chevron acquired Noble Energy in October 2020, announced the Noble Midstream buy-in in March 2021, and completed the merger in May 2021. For SEO and analyst purposes, NBLX should be described as a former U.S. midstream partnership on the NASDAQ, based in the United States, whose standalone equity story ended with Chevron integration.
| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Dec 2020 | 764.6 m USD | 134.0 m USD | n.d. | 10-K |
| Dec 2019 | 703.8 m USD | 160.0 m USD | n.d. | 10-K |
| Dec 2018 | 558.7 m USD | 162.7 m USD | n.d. | 10-K |
| Dec 2017 | 289.6 m USD | 140.6 m USD | n.d. | 10-K |
| Dec 2016 | 160.7 m USD | 28.5 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.