Plans for IPO of Consol, Noble Midstream MLP Move Forward

摘要

Consol Energy Inc. and Noble Energy Inc. have filed paperwork with federal regulators for an initial public offering (IPO) in a master limited partnership (MLP) that will provide midstream services for the companies’ joint operations in the Marcellus Shale. On Monday, a Form S-1 registration statement was filed with the U.S. Securities and Exchange Commission (SEC) to create Cone Midstream Partners LP [File No. 333-198352]. Although the number of common units to be offered and the price range for the offering have not been determined, the companies expect to complete the offering in late 3Q2014 or early 4Q2014.