Transaction Overview
Chevron Corporation (NYSE: CVX) ("Chevron") and Noble Midstream Partners LP (NASDAQ: NBLX) ("Noble Midstream") announced today that the companies have completed the previously announced acquisition, which resulted in Noble Midstream becoming an indirect, wholly-owned subsidiary of Chevron.
Janney served as financial advisor to the Conflicts Committee of the Board of Directors of the general partner of Noble Midstream.
About Chevron
Chevron is one of the world's leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company's operations.
About Noble Midstream
Noble Midstream was a master limited partnership originally formed by Noble Energy, Inc. and majority-owned by Chevron to own, operate, develop and acquire domestic midstream infrastructure assets. Noble Midstream provides crude oil, natural gas, and water-related midstream services and owns equity interests in oil pipelines in the DJ Basin in Colorado and the Delaware Basin in Texas.
Contact us for more information
