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 | |||
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ASSETS | ||||||||
Current Assets | ||||||||
Cash, cash equivalents, and short-term investments | 16,332 | 12,676 | 10,740 | 18,026 | 57,421 | |||
Cash and cash equivalents | 16,332 | 12,676 | 10,740 | 18,026 | 57,421 | |||
Restricted cash and investments | 37,505 | |||||||
Receivables | 100,626 | 86,521 | 54,704 | 30,180 | 19,191 | |||
Inventory, net of allowances, customer advances and progress billings | 5,600 | 2,200 | ||||||
Inventory | 5,600 | 2,200 | ||||||
Other current assets | 8,093 | 8,730 | 2,724 | 389 | 380 | |||
Other undisclosed current assets | (5,600) | 951 | ||||||
Total current assets: | 125,051 | 107,927 | 71,319 | 86,100 | 76,992 | |||
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 | 1,762,957 | 1,421,252 | 661,768 | 279,403 | ||||
Long-term investments and receivables | 72,944 | 80,461 | 11,151 | |||||
Long-term investments | 72,944 | 80,461 | 11,151 | |||||
Intangible assets, net (including goodwill) | 245,510 | 387,634 | 419,936 | |||||
Goodwill | 109,734 | 109,734 | ||||||
Intangible assets, net (excluding goodwill) | 245,510 | 277,900 | 310,202 | |||||
Regulated entity, other noncurrent assets | 3,000 | 2,700 | ||||||
Deferred costs | 1,429 | 1,813 | ||||||
Other noncurrent assets | 2,331 | 6,786 | 3,093 | |||||
Other undisclosed noncurrent assets | 2,664,304 | 651,166 | 6,673 | |||||
Total noncurrent assets: | 2,912,145 | 2,818,155 | 1,926,598 | 743,658 | 292,367 | |||
TOTAL ASSETS: | 3,037,196 | 2,926,082 | 1,997,917 | 829,758 | 369,359 | |||
LIABILITIES AND EQUITY | ||||||||
Liabilities | ||||||||
Current Liabilities | ||||||||
Accounts payable and accrued liabilities | 65,723 | 107,705 | 92,756 | 111,030 | 13,688 | |||
Taxes payable | 1,137 | 1,187 | ||||||
Accounts payable | 65,723 | 107,705 | 92,756 | 109,893 | 12,501 | |||
Debt | 501,856 | 4,786 | ||||||
Other liabilities | 10,323 | 11,680 | 9,217 | 1,739 | 430 | |||
Due to related parties | 3,713 | 8,155 | 2,778 | 1,616 | 1,452 | |||
Total current liabilities: | 581,615 | 127,540 | 104,751 | 114,385 | 20,356 | |||
Noncurrent Liabilities | ||||||||
Long-term debt and lease obligation | 2,063 | 2,264 | 3,142 | |||||
Capital lease obligations | ✕ | ✕ | ✕ | 3,142 | ||||
Finance lease, liability | 2,063 | 2,005 | ✕ | ✕ | ✕ | |||
Liabilities, other than long-term debt | 45,578 | 42,231 | 17,912 | 11,001 | 6,098 | |||
Asset retirement obligations | 41,572 | 37,842 | 17,330 | 10,416 | 5,415 | |||
Deferred income tax liabilities | 229 | ✕ | ✕ | ✕ | ||||
Other liabilities | 4,006 | 4,160 | 582 | 585 | 683 | |||
Operating lease, liability | 259 | ✕ | ✕ | ✕ | ||||
Other undisclosed noncurrent liabilities | 1,107,589 | 1,493,186 | 559,021 | 85,000 | ||||
Total noncurrent liabilities: | 1,155,230 | 1,537,681 | 576,933 | 99,143 | 6,098 | |||
Total liabilities: | 1,736,845 | 1,665,221 | 681,684 | 213,528 | 26,454 | |||
Temporary equity, carrying amount | 119,658 | 106,005 | ||||||
Equity | ||||||||
Other undisclosed equity | 1,180,693 | 1,154,856 | 1,316,233 | 616,230 | 342,905 | |||
Total equity: | 1,180,693 | 1,154,856 | 1,316,233 | 616,230 | 342,905 | |||
TOTAL LIABILITIES AND EQUITY: | 3,037,196 | 2,926,082 | 1,997,917 | 829,758 | 369,359 |
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 | 764,625 | 703,801 | 495,520 | 239,281 | 160,724 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | 239,281 | 160,724 | |
Revenue from related parties | 389,192 | 417,835 | 281,162 | ✕ | ✕ | ||
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: | 291,165 | 309,243 | 213,496 | 172,645 | 122,765 | ||
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: | 156,710 | 283,466 | 183,300 | 158,925 | 112,637 | ||
Nonoperating income (expense) | (61,461) | (33,984) | 5,797 | 4,731 | 1,153 | ||
Investment income, nonoperating | (34,891) | (17,748) | 16,289 | 6,334 | 4,526 | ||
Interest and debt expense | (26,570) | (16,236) | (10,492) | (1,603) | (3,373) | ||
Income from continuing operations before equity method investments, income taxes: | 68,679 | 233,246 | 178,605 | 162,053 | 110,417 | ||
Other undisclosed income from continuing operations before income taxes | 26,570 | 16,236 | 10,492 | 1,603 | 3,373 | ||
Income from continuing operations before income taxes: | 95,249 | 249,482 | 189,097 | 163,656 | 113,790 | ||
Income tax expense | (383) | (4,015) | (221) | (20) | (28,288) | ||
Income from continuing operations: | 94,866 | 245,467 | 188,876 | 163,636 | 85,502 | ||
Income before gain (loss) on sale of properties: | ✕ | 94,866 | 245,467 | 188,876 | 163,636 | 85,502 | |
Net income: | 94,866 | 245,467 | 188,876 | 163,636 | 85,502 | ||
Other undisclosed net income (loss) attributable to parent | 39,165 | (85,471) | (26,142) | (23,064) | |||
Net income available to common stockholders, diluted: | 134,031 | 159,996 | 162,734 | 140,572 | 85,502 |
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: | 94,866 | 245,467 | 188,876 | 163,636 | 85,502 | ||
Comprehensive income, net of tax, attributable to parent: | 94,866 | 245,467 | 188,876 | 163,636 | 85,502 |
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.