Noble Midstream Partners Increases Quarterly Distribution
October 24 2019 - 10:58AM
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 $0.6716 per unit for the third quarter of
2019, a 20% increase compared to the prior year quarter and a 4.7%
increase sequentially.
The third quarter 2019 distribution will be payable on November
11, 2019 to unitholders of record as of November 4, 2019.
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 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: https://www.businesswire.com/news/home/20191024005647/en/
Noble Midstream Partners LP Tom Christensen Chief Financial
Officer (832) 639-7524 Tom.Christensen@NBLMidstream.com
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