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Consolidated Statement of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Midstream Services — Affiliate $ 85,882 $ 66,924 $ 177,878 $ 131,187
Total Revenues 158,261 121,971 306,221 219,704
Costs and Expenses        
Cost of Crude Oil Sales 48,079 40,012 78,977 61,451
Direct Operating 27,697 18,393 55,134 35,541
Depreciation and Amortization 20,285 16,371 39,636 27,700
General and Administrative 4,838 4,980 8,861 15,422
Total Operating Expenses 100,899 79,756 182,608 140,114
Operating Income 57,362 42,215 123,613 79,590
Other Expense (Income)        
Interest Expense, Net of Amount Capitalized 2,325 1,681 7,555 2,714
Investment Loss (Income) 1,748 (4,091) (593) (6,959)
Total Other Expense (Income) 4,073 (2,410) 6,962 (4,245)
Income Before Income Taxes 53,289 44,625 116,651 83,835
State Income Tax Provision 91 183 198 257
Net Income 53,198 44,442 116,453 83,578
Less: Net Income Attributable to Noncontrolling Interests 16,789 7,858 36,485 7,633
Net Income Attributable to Noble Midstream Partners LP 36,409 36,584 79,968 75,945
Less: Net Income Attributable to Incentive Distribution Rights 4,640 1,134 8,147 1,953
Net Income Attributable to Limited Partners 31,769 35,450 71,821 73,992
Common Units        
Other Expense (Income)        
Net Income Attributable to Limited Partners $ 25,487 $ 21,210 $ 49,454 $ 44,268
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted        
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted (in dollars per share) $ 0.79 $ 0.90 $ 1.77 $ 1.87
Weighted Average Limited Partner Units Outstanding — Basic        
Basic (in sharers) 32,090 23,686 27,916 23,684
Weighted Average Limited Partner Units Outstanding —Diluted        
Diluted (in shares) 32,121 23,700 27,944 23,699
Subordinated Units        
Other Expense (Income)        
Net Income Attributable to Limited Partners $ 6,282 $ 14,240 $ 22,367 $ 29,724
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted        
Net Income Attributable to Limited Partners Per Limited Partner Unit — Basic and Diluted (in dollars per share) $ 0.84 $ 0.90 $ 1.91 $ 1.87
Weighted Average Limited Partner Units Outstanding — Basic        
Basic (in sharers) 7,514 15,903 11,685 15,903
Weighted Average Limited Partner Units Outstanding —Diluted        
Diluted (in shares) 7,514 15,903 11,685 15,903
Midstream Services — Third Party        
Revenues        
Services and Sales Revenues - Third Party $ 20,597 $ 13,469 $ 43,691 $ 24,829
Crude Oil Sales — Third Party        
Revenues        
Services and Sales Revenues - Third Party $ 51,782 $ 41,578 $ 84,652 $ 63,688