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Noble Midstream Partners postpones IPO

November 19, 2015
NBLX

Noble Midstream Partners LP, an MLP formed by Noble Energy to own oil and gas gathering assets in Colorado's Denver-Julesburg basin, postponed its IPO on Thursday citing poor market conditions. The Houston, TX-based company had been seeking to raise $250 million. It had planned to list on the NYSE under the symbol NBLX. Barclays, Baird, J.P. Morgan, BofA Merrill Lynch, Citi, Deutsche Bank and Wells Fargo Securities were set to be the joint bookrunners on the deal.