Noble Midstream Partners Increases Quarterly Distribution
April 27 2017 - 2:09PM
Business Wire
Noble Midstream Partners LP (NYSE: 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 $0.4108 per unit for the first quarter 2017.
This distribution represents a 4.7% increase over the fourth
quarter 2016 distribution of $0.3925 per unit.
The first quarter 2017 distribution will be payable on May 15,
2017 to unitholders of record as of May 8, 2017.
About Noble Midstream Partners
Noble Midstream Partners LP is a growth-oriented master limited
partnership formed by Noble Energy, Inc., to own, operate, develop
and acquire domestic midstream infrastructure assets. Noble
Midstream currently provides crude oil, natural gas, and
water-related midstream services in the DJ Basin in Colorado and
the Delaware Basin in Texas. For more information, please visit
www.nblmidstream.com.
This release serves as a qualified notice to nominees and
brokers as provided for under Treasury Regulation Section
1.1446-4(b) that 100% of the Partnership's distributions to foreign
investors are attributable to income that is effectively connected
with a United States trade or business. Accordingly, the
Partnership's distributions to foreign investors are subject to
federal income tax withholding at the highest effective tax
rate.
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version on businesswire.com: http://www.businesswire.com/news/home/20170427006473/en/
Noble Midstream Partners LPChris Hickman, 281-943-1622VP,
Investor Relationschris.hickman@nblmidstream.com
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