Noble Midstream Partners owns, operates, develops and acquires a range of domestic midstream infrastructure assets. Co. provides crude oil, natural gas, and water-related midstream services through contracts, as well as purchase crude oil from producers and sell crude oil to customers at various delivery points. Co. has four segments: Gathering Systems (primarily includes crude oil gathering, natural gas gathering and processing, produced water gathering and crude oil sales), Fresh Water Delivery, Investments in Midstream Entities and Corporate. Co.'s areas of focus are in the Denver-Julesburg Basin in Colorado and the Southern Delaware Basin position of the Permian Basin in Texas. The NBLX average annual return since 2016 is shown above.
The Average Annual Return on the NBLX average annual return since 2016 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether NBLX average annual return since 2016 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NBLX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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