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Noble Midstream Partners

Company Summary

Description

Noble Midstream is a growth-oriented Delaware master limited partnership. Noble Midstream's initial assets will consist of certain of Noble Energy's DJ Basin crude oil, natural gas and water-related midstream services.

Website

http://investors.nobleenergyinc.com/releasedetail....

Related Entities

Recent news

  • 5/12/2021 - Chevron Closes on... (subscriber access)
  • 4/30/2021 - Noble Midstream... (subscriber access)
  • 3/5/2021 - Chevron Acquiring Noble... (subscriber access)
  • 2/12/2021 - Noble Midstream Expects... (subscriber access)
  • 2/12/2021 - Noble Midstream... (subscriber access)

Investor Presentations

  • 4Q20 Earnings Presentation
  • 1Q20 Investor Presentation (subscriber access)
  • Saddle Butte Acquisition (subscriber access)
  • Third Quarter 2017 Earnings Call (subscriber access)
  • Inaugural Drop Down Transaction Overview (subscriber access)
  • 1Q17 Investor Presentation (subscriber access)

Company Transactions

Date: 6/30/2021
Type: Acquisition

DETAILS:
NOTES:
Chevron announced that it will acquire all 33.9 million common units of Noble Midstream Partners in an all-stock transaction. Noble Midstream shareholders will receive 0.1393 shares of CVX common stock for each unit held. Closing is planned for the second quarter of 2021.
REGIONS:
  • United States
  • Date: 3/31/2021
    Type: Acquisition

    DETAILS:
    NOTES:
    Chevron has made a non-binding proposal to acquire all remaining publicly held common units of Noble Midstream at $12.47/share. If approved, they will exchange Chevron common shares for the Noble Midstream positions.
    REGIONS:
  • North America
  • Date: 3/11/2019
    Type: Acquisition

    NOTES:
    Acquisition of a 30% equity stake in the EPIC Crude Pipeline and a 15% equity stake in the EPIC NGL Pipeline. Noble Midstream’s total cash equity investment is anticipated to be approximately $165 to $180 million for the EPIC Y-Grade Pipeline and $330 to $350 million for the EPIC Crude Oil Pipeline
    REGIONS:
  • Permian Basin
  • Gulf Coast
  • Date: 6/30/2017
    Type: Acquisition

    NOTES:
    Noble Midstream has entered into a deal with Noble Energy to acquire an additional 20% interest in Colorado River DevCo and an additional 15% interest in Blanco River DevCo for $270 million. Noble Energy will retain a 60% interest in Blanco River DevCo while Noble Midstream will own 100% of Colorado River DevCo.
    REGIONS:
  • DJ Basin
  • Delaware Basin
  • Date: 3/31/2017
    Type: Acquisition

    NOTES:
    Noble Midstream & Plains All American have entered into a 50/50 joint venture in the Delaware Basin through the newly formed Trinity River DevCo LP. The newly formed entity will acquire Advantage Pipeline LLC in a $133 million deal. The acquisition includes the 150 Mbbl/d, 70-mile Advantage Pipeline and 450,000 barrels in crude oil storage in the Delaware Basin. Also, Blueknight sold its 30% stake in the system to the group.
    REGIONS:
  • Delaware Basin