Noble Midstream Partners (NBLX) Receiving Somewhat Favorable News Coverage, Study Shows
Media headlines about Noble Midstream Partners (NYSE:NBLX) have trended somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Noble Midstream Partners earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the energy company an impact score of 45.9227736500771 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Noble Midstream Partners LP (NBLX) Expected to Post Quarterly Sales of $65.03 Million (americanbankingnews.com)
- Brokerages Expect Noble Midstream Partners LP (NBLX) Will Announce Earnings of $1.17 Per Share (americanbankingnews.com)
- Noble Midstream Partners LP – Value Analysis (NYSE:NBLX) : December 26, 2017 (finance.yahoo.com)
- Noble Midstream Partners LP breached its 50 day moving average in a Bullish Manner : NBLX-US : December 25, 2017 (finance.yahoo.com)
Several research firms have recently issued reports on NBLX. Robert W. Baird set a $62.00 price objective on Noble Midstream Partners and gave the company a “buy” rating in a research note on Thursday, December 14th. Zacks Investment Research downgraded Noble Midstream Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, December 20th. BidaskClub downgraded Noble Midstream Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Mizuho set a $53.00 price objective on Noble Midstream Partners and gave the company a “hold” rating in a research note on Tuesday, October 31st. Finally, Seaport Global Securities began coverage on Noble Midstream Partners in a research note on Tuesday, October 10th. They issued a “buy” rating and a $60.00 price objective for the company. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Noble Midstream Partners presently has an average rating of “Buy” and an average target price of $53.13.
Noble Midstream Partners (NYSE:NBLX) last announced its earnings results on Monday, October 30th. The energy company reported $1.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.05 by $0.10. Noble Midstream Partners had a return on equity of 36.74% and a net margin of 55.83%. The business had revenue of $63.11 million for the quarter, compared to analysts’ expectations of $60.29 million. analysts expect that Noble Midstream Partners will post 4.06 EPS for the current fiscal year.
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About Noble Midstream Partners
Noble Midstream Partners LP is engaged in owning, operating, developing and acquiring a range of domestic midstream infrastructure assets. The Company’s areas of focus are in the area of Denver-Julesburg (DJ) Basin in Colorado and the Southern Delaware Basin position of the Permian Basin in Texas (Delaware Basin).
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