A statement released earlier today by Citigroup about Noble Midstream Partners (NYSE:NBLX) raises the target price to $33.50
- Updated: October 10, 2016
Only yesterday Noble Midstream Partners (NYSE:NBLX) traded -0.32% lower at $27.71. The company’s 50-day moving average is $27.17 and its 200-day moving average is $27.17. The last stock price is up 1.97% from the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trading volume was down over the average, with 165,001 shares of NBLX changing hands under the typical 764,582
Citigroup upped the stock price target of Noble Midstream Partners (NYSE:NBLX) to $33.50 reporting a potential upside of 0.21%.
Recent Performance Chart
With a total market value of $0, Noble Midstream Partners has with a one year low of $26.00 and a 52 week high of $28.35 .
Brief Synopsis About Noble Midstream Partners (NYSE:NBLX)
Noble Midstream Partners LP owns, operates, develop, and acquires a range of domestic midstream infrastructure assets. The Company provides crude oil, natural gas, and water-related midstream services for Noble Energy, Inc. The Company's operating assets are focused on the Denver-Julesburg Basin (DJ Basin) in Colorado. The Company's operations are located in the United States and operate through segments, including Gathering Systems, Water Delivery, Investments in Midstream Entities, and Partnership and Other. It operates and owns interests in crude oil gathering pipelines, crude oil treating facilities, natural gas gathering pipelines and a centralized gathering facility (CGF). Its Core Assets include gathering systems in the Wells Ranch integrated development plan area (IDP) that collect crude oil, natural gas and saltwater from facilities located at or near the wellhead and provide gathering to the Wells Ranch CGF or other delivery points within the IDP area.
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