The wholly owned unit of Noble Energy Inc. priced its IPO above earlier expectations. Noble priced 12.5 million shares at $22.50, above its previously indicated range of $19 and $21. Noble Midstream will own and operate pipelines and processing assets largely in Colorado's Weld County. Noble will use the proceeds to put cash back into its parent company. Barclays, Baird, J.P. Morgan, BofA Merrill Lynch, Citigroup and Deutsche Bank Securities are among underwriters.