Noble Midstream Partners LP (Noble Midstream Partners LP) 5-Year Yield-on-Cost % : 4.93 (As of May. 06, 2024)

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What is Noble Midstream Partners LP 5-Year Yield-on-Cost %?

Noble Midstream Partners LP's yield on cost for the quarter that ended in Mar. 2021 was 4.93.

The historical rank and industry rank for Noble Midstream Partners LP's 5-Year Yield-on-Cost % or its related term are showing as below:

NBLX' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.82 Med: 4.93 Max: 82.54
Current: 4.93

During the past 8 years, Noble Midstream Partners LP's highest Yield on Cost was 82.54. The lowest was 0.82. And the median was 4.93.

NBLX's 5-Year Yield-on-Cost % is not ranked
in the Oil & Gas industry.
Industry Median: 4.84 vs NBLX: 4.93

Competitive Comparison of Noble Midstream Partners LP's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, Noble Midstream Partners LP's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Noble Midstream Partners LP's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Noble Midstream Partners LP's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Noble Midstream Partners LP's 5-Year Yield-on-Cost % falls into.

Noble Midstream Partners LP 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Noble Midstream Partners LP is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Noble Midstream Partners LP (NAS:NBLX) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Noble Midstream Partners LP 5-Year Yield-on-Cost % Related Terms

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Noble Midstream Partners LP (Noble Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Noble Midstream Partners LP (NAS:NBLX) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Noble Energy Way, Houston, TX, USA, 77070

Website

http://www.nblmidstream.com

Noble Midstream Partners LP is to own, operate, develop and acquire a wide range of domestic midstream infrastructure assets. It provides crude oil, natural gas, and water-related midstream services through long-term, fixed-fee contracts. The company has four reportable segments which are Gathering Systems, Fresh Water Delivery Investments in midstream entities, and Corporate. It generates maximum revenue from the Gathering Systems segment. The company focuses on DJ Basin in Colorado and the Delaware Basin in Texas.

Executives

Thomas W. Christensen	officer: Chief Financial Officer	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Noble Energy Inc	director, 10 percent owner	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Nbl Midstream, Llc	director, 10 percent owner	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Stephen Wayne Green	director	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Andrei Fb Behdjet	director	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Chevron Corp	director, 10 percent owner	6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Alana K Knowles	director	6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Parfitt Colin E	director	6001 BOLLINGER CANYON ROAD, SAN RAMON CA 94583
Brent J Smolik	director, officer: Chief Executive Officer	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Martin Salinas	director	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Aaron G Carlson	officer: General Counsel & Secretary	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Robin H Fielder	officer: President & COO	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Phillip S Welborn	officer: Chief Accounting Officer	1001 NOBLE ENERGY WAY HOUSTON TX 77070
Hallie A. Vanderhider	director	600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Andy Viens	director	370 17TH STREET, SUITE 2775, DENVER CO 80202