Our quantitative data points are meant to provide a high-level understanding of factors in equity risk models for Noble Midstream Partners Lp. Portfolio managers use these models to forecast risk, optimize portfolios and review performance.
We show how NBLX stock compares to 2,000+ US-based stocks, and to peers in the Industrial Services sector and Oil & Gas Pipelines industry.
Please do not consider this data as investment advice. Data is downloaded from sources we deem reliable, but errors may occur.
Noble Midstream Partners LP owns, operates, develops and acquires domestic midstream infrastructure assets. It operates through the following segments: Gathering Systems, Fresh Water Delivery, Investments in Midstream Entities and Corporate. The Gathering Systems segment involves in gathering crude oil, natural gas, and produced water. The Fresh Water Delivery segment provide services for both treated produced water and raw fresh water that has been withdrawn from a river or ground water. The Investments in Midstream Entities segment include investments in the Joint Venture and White Cliffs Interest as well as all general partnership activities. The Corporate segment includes all general Partnership activity and expenses. The company was founded on December 23, 2014 and is headquartered in Houston, TX.
Many of the following risk metrics are standardized and transformed into quantitative factors in institutional-level risk models.
Rankings below represent percentiles from 1 to 100, with 1 being the lowest rating of risk.
Stocks with higher beta exhibit higher sensitivity to the ups and downs in the market. (↑↑)
Stocks with higher market capitalization often have lower risk. (↑↓)
Higher average daily dollar volume over the past 30 days implies lower liquidity risk. (↑↓)
Higher price momentum stocks, aka recent winners, equate to lower risk for many investors. (↑↓)
Style risk factors often include measures of profitability and payout levels.
Companies with higher earnings generally provide lower risk. (↑↓)
Companies with higher dividend yields, if sustaintable, are perceived to have lower risk. (↑↓)