Noble Midstream Partners LP (NBLX) Financial Statements (2025 and earlier)

Company Profile

Business Address 1001 NOBLE ENERGY WAY
HOUSTON, TX 77070
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 461 - Pipelines, Except Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 16,33212,67610,74018,02657,421
Cash and cash equivalents 16,33212,67610,74018,02657,421
Restricted cash and investments    37,505 
Receivables 100,62686,52154,70430,18019,191
Inventory, net of allowances, customer advances and progress billings  5,6002,200  
Inventory  5,6002,200  
Other current assets 8,0938,7302,724389380
Other undisclosed current assets  (5,600)951  
Total current assets: 125,051107,92771,31986,10076,992
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  3,869
Operating lease, right-of-use asset  2,743
Property, plant and equipment  1,762,9571,421,252661,768279,403
Long-term investments and receivables   72,94480,46111,151
Long-term investments   72,94480,46111,151
Intangible assets, net (including goodwill) 245,510387,634419,936  
Goodwill  109,734109,734  
Intangible assets, net (excluding goodwill) 245,510277,900310,202  
Regulated entity, other noncurrent assets  3,0002,700  
Deferred costs    1,4291,813
Other noncurrent assets 2,3316,7863,093  
Other undisclosed noncurrent assets 2,664,304651,1666,673  
Total noncurrent assets: 2,912,1452,818,1551,926,598743,658292,367
TOTAL ASSETS: 3,037,1962,926,0821,997,917829,758369,359
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 65,723107,70592,756111,03013,688
Taxes payable    1,1371,187
Accounts payable 65,723107,70592,756109,89312,501
Debt 501,856   4,786
Other liabilities 10,32311,6809,2171,739430
Due to related parties 3,7138,1552,7781,6161,452
Total current liabilities: 581,615127,540104,751114,38520,356
Noncurrent Liabilities
Long-term debt and lease obligation 2,0632,264 3,142 
Capital lease obligations 3,142 
Finance lease, liability 2,0632,005
Liabilities, other than long-term debt 45,57842,23117,91211,0016,098
Asset retirement obligations 41,57237,84217,33010,4165,415
Deferred income tax liabilities  229
Other liabilities 4,0064,160582585683
Operating lease, liability  259
Other undisclosed noncurrent liabilities 1,107,5891,493,186559,02185,000 
Total noncurrent liabilities: 1,155,2301,537,681576,93399,1436,098
Total liabilities: 1,736,8451,665,221681,684213,52826,454
Temporary equity, carrying amount 119,658106,005   
Equity
Other undisclosed equity 1,180,6931,154,8561,316,233616,230342,905
Total equity: 1,180,6931,154,8561,316,233616,230342,905
TOTAL LIABILITIES AND EQUITY: 3,037,1962,926,0821,997,917829,758369,359

Income Statement (P&L) ($ in thousands)

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 764,625703,801495,520239,281160,724
Revenue, net239,281160,724
Revenue from related parties 389,192417,835281,162
Cost of revenue (473,460)(394,558)(282,024)(66,636)(37,959)
Cost of goods and services sold (270,678)(181,390)(136,368)(54,007)(29,107)
Gross profit: 291,165309,243213,496172,645122,765
Operating expenses (134,455)(25,777)(30,196)(13,720)(10,128)
Other operating income (expense), net (4,698)488   
Other undisclosed operating income (loss) 4,698(488)   
Operating income: 156,710283,466183,300158,925112,637
Nonoperating income (expense) (61,461)(33,984)5,7974,7311,153
Investment income, nonoperating (34,891)(17,748)16,2896,3344,526
Interest and debt expense (26,570)(16,236)(10,492)(1,603)(3,373)
Income from continuing operations before equity method investments, income taxes: 68,679233,246178,605162,053110,417
Other undisclosed income from continuing operations before income taxes 26,57016,23610,4921,6033,373
Income from continuing operations before income taxes: 95,249249,482189,097163,656113,790
Income tax expense (383)(4,015)(221)(20)(28,288)
Income from continuing operations: 94,866245,467188,876163,63685,502
Income before gain (loss) on sale of properties:94,866245,467188,876163,63685,502
Net income: 94,866245,467188,876163,63685,502
Other undisclosed net income (loss) attributable to parent 39,165(85,471)(26,142)(23,064) 
Net income available to common stockholders, diluted: 134,031159,996162,734140,57285,502

Comprehensive Income ($ in thousands)

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income: 94,866245,467188,876163,63685,502
Comprehensive income, net of tax, attributable to parent: 94,866245,467188,876163,63685,502

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: