Diversified Approach with a Focus on North American Energy

Noble Energy Partners investment approach emphasizes current income, low volatility and minimization of downside risk. Noble Energy Partners invests primarily in long-haul pipelines that transport natural gas through interstate and intrastate pipelines, as well as gathering & processing that gather and process natural gas and provide transportation, fractionation and storage of NGLs.

Noble Energy Partners targets North American oil and gas production with substantial acreage interests, production volume growth potential over many years, high quality, and total return potential through a combination of current income and capital appreciation. To a lesser extent, Noble Energy Partners invests in transportation, processing, storage, servicing and equipment.

Noble Energy Partners invests primarily in upstream North American energy, in the exploration and production of crude oil, condensate, natural gas and natural gas liquids that generally have a significant presence in North American oil and gas fields, including shale reservoirs. While upstream investments may experience some price volatility, we believe that focusing on this portion of the value chain is the best way to access the heart of the North American oil and gas production growth opportunity.