Noble Midstream Partners LP (“Noble Midstream”) today announced that it has postponed its previously-announced initial public offering. The board of directors and management of Noble Midstream’s general partner and its sponsor, Noble Energy, Inc. (“Noble Energy”), elected to postpone the offering as a result of unfavorable equity market conditions. Noble Midstream will continue to evaluate the timing for the proposed offering as market conditions develop.
A registration statement relating to the proposed sale of these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy these securities be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
About Noble Midstream
Noble Midstream is a growth-oriented Delaware master limited partnership recently formed by its sponsor, Noble Energy, to own, operate, develop and acquire a wide range of domestic midstream infrastructure assets. Noble Midstream’s initial assets will consist of certain crude oil, natural gas and water-related midstream services located in the DJ Basin.