Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today reported fourth-quarter and full-year 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, LLC (“Black Diamond Gathering”). References to Equity Method Investments pertain to Noble Midstream’s equity interests in joint ventures that are not wholly-owned by the Partnership. Certain results are shown as “attributable to the Partnership,” which exclude the noncontrolling interest...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) announced the Partnership has received a non-binding proposal (the “Proposal”) from Chevron Corporation (“Chevron”) to acquire all of the publicly held common units representing limited partner interests in the Partnership not already owned by Chevron and its affiliates. The Board of Directors of Noble Midstream GP LLC (the “General Partner”), the general partner of Noble Midstream, has delegated authority to its conflicts committee to negotiate the terms of the proposed transaction ...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.1875 per unit for fourth-quarter 2020. The fourth-quarter 2020 distribution will be payable on February 12, 2020, to unitholders of record as of February 5, 2020. About Noble Midstream Noble Midstream is a master limited partnership originally formed by Noble Energy, Inc. and majority-owned by Chevron Corp. to own, operate, develop and acquire domestic mid...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership”) will host its fourth-quarter 2020 results webcast and conference call at 9:00 a.m., Central Time, Friday, February 12, 2021. A webcast link and related presentation material will be accessible on the ‘Investors’ page of the Partnership’s website at . A replay of the event will be provided at the same location following the event. Conference call numbers for participation during the question and answer session are: Date: Friday, February 12, 2021 Time: 9:00 a.m. Central Time Toll Free Dial in: 877-883-03...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (Noble Midstream or the Partnership) announced that the Partnership has entered into an agreement with a Chevron Corporation (NYSE: CVX) (Chevron) subsidiary to provide oil transmission services from the Wells Ranch development area to Platteville, Colorado, for long-haul transportation out of the DJ Basin. With this agreement, Noble Midstream will now be responsible for substantially all crude oil gathering and intermediate oil transportation services from the Wells Ranch development area. Concurrent with this new transmis...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (Noble Midstream or the Partnership) announced that the Partnership has successfully integrated its business into its new affiliate, Chevron Corporation (NYSE:CVX) (Chevron). Chevron has announced its capital and exploratory budget for 2021, with activity planned on Noble Midstream dedicated acreage in both the DJ and Delaware basins. On Noble Midstream’s dedicated acreage, the Partnership anticipates Chevron activity to be primarily in the DJ Basin, where there is significant backbone infrastructure in place. As a result, ...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today reported third-quarter 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, LLC (“Black Diamond Gathering”). Equity Method Investments refer to Noble Midstream’s equity interests in joint ventures that are not wholly-owned by the Partnership. Certain results are shown as “attributable to the Partnership,” which exclude the noncontrolling interests in Black Diamond Gathering re...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.1875 per unit for third-quarter 2020. The third-quarter 2020 distribution will be payable on November 13, 2020, to unitholders of record as of November 6, 2020. About Noble Midstream Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy Inc., to own, operate, develop and acquire domestic midstream infrastructure assets. Nob...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream”) today announced that its general partner, Noble Midstream GP LLC, has appointed a new Chief Executive Officer (“CEO”) and new members to its Board of Directors (the “Board”). As a result of the completed Chevron Corporation (NYSE: CVX) (“Chevron”) acquisition of Noble Energy, Inc. on October 5, 2020, Chevron has acquired control of Noble Midstream GP LLC and now holds approximately 63% of outstanding Limited Partner units. Chief Executive Officer Appointment Robin H. Fielder, currently President and Chi...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today reported second-quarter 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, LLC (“Black Diamond Gathering”). Certain results are shown as “attributable to the Partnership,” which exclude the non-controlling interests in Black Diamond Gathering retained by Greenfield Midstream. Noble Midstream believes the results “attributable to the Partnership” provide the best representat...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.1875 per unit for second-quarter 2020. The second-quarter 2020 distribution will be payable on August 14, 2020, to unitholders of record as of August 7, 2020. About Noble Midstream Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy Inc., to own, operate, develop and acquire domestic midstream infrastructure assets. No...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership”) announced today that it has changed the date of its previously announced earnings release and will now report its financial and operating results for the second quarter of 2020 on Monday, August 3, 2020, prior to market open. The Partnership will no longer host a conference call or webcast to discuss its second-quarter results. About Noble Midstream Partners Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy Inc., to own, operate, develop and acquire domestic midstr...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership”) will host its second-quarter 2020 results webcast and conference call at 10:00 a.m., Central Time, Friday, August 7, 2020. A webcast link and related presentation material will be accessible on the ‘Investors’ page of the Partnership’s website at . A replay of the event will be provided at the same location following the event. Conference call numbers for participation during the question and answer session are: Date: Friday, August 7, 2020 Time: 10:00 a.m. Central Time Toll Free Dial in: 877-883-0383...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (Noble Midstream or the Partnership) today reported first-quarter 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, LLC (Black Diamond Gathering). Certain results are shown as “attributable to the Partnership,” which exclude the non-controlling interests in Black Diamond Gathering retained by Greenfield Midstream. Noble Midstream believes the results “attributable to the Partnership” provide the best representation of ...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today announced that the Board of Directors of its general partner, Noble Midstream GP LLC, declared a cash distribution of $0.1875 per unit for the first quarter 2020. The first quarter 2020 distribution will be payable on May 15, 2020 to unitholders of record as of May 8, 2020. About Noble Midstream Noble Midstream is a growth-oriented master limited partnership formed by Noble Energy Inc., to own, operate, develop and acquire domestic midstream infrastructure assets. Noble M...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (the “Partnership”) will host its first-quarter 2020 results webcast and conference call at 10:00 a.m., Central Time, Friday, May 8, 2020. The Partnership plans to update its full 2020 outlook with first-quarter results. A webcast link and related presentation material will be accessible on the ‘Investors’ page of the Partnership’s website at . A replay of the event will be provided at the same location following the event. Conference call numbers for participation during the question and answer session are: Date: Friday...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (Noble Midstream or the Partnership) announced today that the Board of Directors of the General Partner has approved a 73% reduction of the quarterly distribution to $0.1875 per unit, which the Partnership plans to hold flat in the current environment. This change is effective immediately and is anticipated to preserve approximately $200 million of annualized cash to support the balance sheet. In addition to the Partnership’s distribution policy revision, Noble Midstream previously announced a $75 million capital reduction...
HOUSTON--(BUSINESS WIRE)-- Noble Midstream Partners LP (NASDAQ: NBLX) (Noble Midstream or the Partnership) announced that the Partnership has reduced its 2020 organic capital guidance to a range of $120 to $150 million to reflect updated producer forecasts in the DJ and Delaware basins. With increasing capital efficiency and a 2020 organic capital program focused mainly on well connections, Noble Midstream anticipates the additional capital savings will essentially offset the cash flow loss from reduced activity. Noble Midstream will continue to communicate with its customer base and is well...
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