Noble Midstream to Transfer Stock Exchange Listing to Nasdaq
December 16 2019 - 4:20PM
Business Wire
Ticker symbol will remain “NBLX”
Noble Midstream Partners LP (NYSE: NBLX) (the
“Partnership” or “Noble Midstream”) announced that it will
voluntarily transfer its stock exchange listing to the Nasdaq
Global Select Market from the New York Stock Exchange, effective
December 27, 2019 after market close. Noble Midstream units are
expected to begin trading as a Nasdaq-listed security on December
30, 2019. The Partnership will retain its current ticker symbol
“NBLX”.
“Our stock exchange move will allow us to leverage Nasdaq’s
cutting-edge technology and information in serving our unit
holders, while furthering our focus on cost efficiencies throughout
the organization. We are excited to be joining many of the world’s
largest and most innovative companies on Nasdaq,” commented Brent
Smolik, the Partnership’s CEO.
About Noble Midstream Partners LP
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 news release contains certain “forward-looking statements”
within the meaning of federal securities law. Words such as
“anticipates”, “believes”, “expects”, “intends”, “will”, “should”,
“may”, “estimates”, and similar expressions may be used to identify
forward-looking statements. Forward-looking statements are not
statements of historical fact and reflect the Partnership’s current
views about future events. No assurances can be given that the
forward-looking statements contained in this news release will
occur as projected and actual results may differ materially from
those projected. Forward-looking statements are based on current
expectations, estimates and assumptions that involve a number of
risks and uncertainties that could cause actual results to differ
materially from those projected. These risks include, without
limitation, the Partnership’s targeted leverage and distribution
growth, its customers’ ability to meet their drilling and
development plans, changes in general economic conditions,
competitive conditions in the Partnership’s industry, actions taken
by third-party operators, gatherers, processors and transporters,
the demand for crude oil and natural gas gathering and processing
services, the Partnership’s ability to successfully implement its
business plan, the Partnership’s ability to complete internal
growth projects on time and on budget, the ability of third parties
to complete construction of pipelines in which the Partnership
holds equity interests on time and on budget, the price and
availability of debt and equity financing, the availability and
price of crude oil and natural gas to the consumer compared to the
price of alternative and competing fuels, and other risks inherent
in the Partnership’s business, including those described under
“Risk Factors” and “Forward-Looking Statements” in the
Partnership’s most recent Annual Report on Form 10-K and in other
reports we file with the Securities and Exchange Commission. These
reports are also available from the Partnership’s office or
website, www.nblmidstream.com. Forward-looking statements are based
on the estimates and opinions of management at the time the
statements are made. Noble Midstream does not assume any obligation
to update forward-looking statements should circumstances,
management’s estimates, or opinions change.
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version on businesswire.com: https://www.businesswire.com/news/home/20191216005725/en/
Tom Christensen Chief Financial Officer (832) 639-7524
tom.christensen@nblmidstream.com Park Carrere Manager, Investor
Relations (281) 872-3208 park.carrere@nblenergy.com
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