Noble Midstream shares its 4Q16 and annual results
Published by Anna Nicklin,
Assistant Editor
World Pipelines,
Noble Midstream Partners LP (Noble Midstream) has reported its 4Q16 and annual 2016 financial and operations results.
“I’m very pleased with the continued strength of our business, leading to an increased distribution in our first full quarter since our IPO while maintaining very strong coverage,” stated Terry R. Gerhart, CEO of Noble Midstream.
“This distribution increase commences our 20% annual distribution per unit growth objective, significantly accelerated from the IPO expectation. Driving the increase is the continued strong performance across all segments and activity acceleration in both the Delaware and DJ Basins.”
Read more here.
Read the article online at: https://www.worldpipelines.com/business-news/14022017/noble-midstream-shares-its-4q16-and-annual-results/
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