• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Hess Midstream LP

    11/7/24 10:09:08 AM ET
    $HESM
    Oil & Gas Production
    Energy
    Get the next $HESM alert in real time by email
    SC 13G/A 1 SEC13G_Filing.htm SEC SCHEDULE 13G

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment No. 6 )*

                

    Hess Midstream LP


    (Name of Issuer)

    Common Stock


    (Title of Class of Securities)

    428103105


    (CUSIP Number)

    September 30, 2024


    (Date of Event Which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    [X] Rule 13d-1(b)
    [ ] Rule 13d-1(c)
    [ ] Rule 13d-1(d)

    * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes.)


    CUSIP No. 428103105

    1. NAMES OF REPORTING PERSONS
    I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

    Invesco Ltd.
    98-0557567
    2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

    (a) [ ]
    (b) [ ]
    3. SEC USE ONLY
    4. CITIZENSHIP OR PLACE OF ORGANIZATION

    Bermuda

    NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH

    5. SOLE VOTING POWER 3,972,446
    6. SHARED VOTING POWER 0
    7. SOLE DISPOSITIVE POWER 3,899,836
    8. SHARED DISPOSITIVE POWER 0
    9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    3,972,446
    10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

    [ ]
    11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

    3.8%
    12. TYPE OF REPORTING PERSON

    HC, IA

    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    


    Item 1.
    (a) Name of Issuer
    Hess Midstream LP
    (b) Address of Issuer's Principal Executive Offices
    1501 McKinney Street, Houston, TX 77010
    Item 2.
    (a) Name of Person Filing
    Invesco Ltd. ("Invesco Ltd.")
    (b) Address of Principal Business Office or, if None, Residence
    1331 Spring Street NW, Suite 2500, Atlanta, GA 30309
    (c) Citizenship
    Bermuda
    (d) Title of Class of Securities
    Common Stock
    (e) CUSIP Number
    428103105
    Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:
    (a) [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
    (b) [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c) [ ] Insurance Company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d) [ ] Investment Company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
    (e) [X] An investment adviser in accordance with Rule 240.13d-1(b)(1)(ii)(E);
    (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F);
    (g) [X] A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G);
    (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
    (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J).
    Item 4. Ownership.
    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
    (a) Amount Beneficially Owned:
    Invesco Ltd., in its capacity as a parent holding company to its investment advisers, may be deemed to beneficially own 3,972,446 shares of the Issuer which are held of record by clients of Invesco Ltd.
    (b) Percent of Class:
    3.8%
    (c) Number of shares as to which such person has:
    (i) sole power to vote or to direct the vote 3,972,446
    (ii) shared power to vote or to direct the vote 0
    (iii) sole power to dispose or to direct the disposition of 3,899,836
    (iv) shared power to dispose or to direct the disposition of 0
    Item 5. Ownership of Five Percent or Less of Class.
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ X ]
    Item 6. Ownership of More than Five Percent on Behalf of Another Person.
    However, no one individual has greater than 5% economic ownership. The shareholders of the Fund have the right to receive or the power to direct the receipt of dividends and proceeds from the sale of securities listed above.
    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
    Invesco Advisers, Inc.
    Invesco Investment Advisers LLC
    Item 8. Identification and Classification of Members of the Group.
    Not Applicable. This schedule is not being filed pursuant to Rule 13d-1(b)(1)(ii)(J) or Rule 13d-1(d).
    Item 9. Notice of Dissolution of Group.

    Not Applicable
    Item 10. Certification.

    By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.


    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Invesco Ltd.
    By: /s/ Robert R. Leveille
    Date: November 07, 2024
    Name: Robert R. Leveille
    Title: Global Head of Compliance

    Get the next $HESM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $HESM

    DatePrice TargetRatingAnalyst
    3/8/2024$37.00Overweight → Neutral
    JP Morgan
    10/6/2023$32.00Buy
    Goldman
    5/10/2023$37.00Buy
    UBS
    4/21/2023$35.00Outperform
    Raymond James
    12/9/2022$34.00Buy
    Citigroup
    3/10/2022$33.00Overweight → Equal-Weight
    Wells Fargo
    1/7/2022$32.00Overweight → Equal-Weight
    Morgan Stanley
    12/16/2021$30.00 → $31.00Overweight
    Wells Fargo
    More analyst ratings

    $HESM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • SEC Form SC 13G filed by Hess Midstream LP

      SC 13G - Hess Midstream LP (0001789832) (Subject)

      11/8/24 11:09:17 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • Amendment: SEC Form SC 13G/A filed by Hess Midstream LP

      SC 13G/A - Hess Midstream LP (0001789832) (Subject)

      11/7/24 10:09:08 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • SEC Form SC 13G filed by Hess Midstream LP

      SC 13G - Hess Midstream LP (0001789832) (Subject)

      11/6/24 6:55:41 PM ET
      $HESM
      Oil & Gas Production
      Energy

    $HESM
    Financials

    Live finance-specific insights

    See more

    $HESM
    SEC Filings

    See more

    $HESM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Hess Midstream LP Announces Signing of Accretive $200 Million Repurchase From Sponsors and the Public

      Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced an accretive $200 million repurchase that included both Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, a part of BlackRock, Hess Midstream's sponsors (the "Sponsors"), and Hess Midstream's Class A shares from the public. Hess Midstream announced the execution of a definitive agreement providing for the repurchase of approximately $190 million of Class B units by its subsidiary, Hess Midstream Operations LP, from the Sponsors. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess

      5/6/25 8:00:00 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • Hess Midstream LP Reports Estimated Results for the First Quarter of 2025

      First Quarter 2025 Highlights: Net income was $161.4 million. Net cash provided by operating activities was $202.4 million. Net income attributable to Hess Midstream LP was $71.6 million, or $0.65 basic earnings per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $292.3 million and Adjusted Free Cash Flow1 was $190.7 million. Increased quarterly cash distribution to $0.7098 per Class A share for the first quarter of 2025, an increase of $0.0086 per Class A share for the first quarter of 2025 compared with the fourth quarter of 2024. Completed accretive $100.0 million repurchase of Class B units of Hess Midstream Operations LP in January 2025. Th

      4/30/25 8:00:00 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • Hess Midstream LP Announces Distribution Per Share Level Increase

      Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.7098 per Class A share for the quarter ended March 31, 2025, an increase of $0.0086 per Class A share as compared with the fourth quarter of 2024, consistent with Hess Midstream's targeted 5% growth in annual distributions per Class A share through 2027. "With today's announcement, we continue to execute on our differentiated financial strategy, prioritizing consistent and ongoing return of capital to our shareholders," said Jonathan Stein, Chief Financial Officer of Hess Midstream. "We expect to continue to have more than $1.25 b

      4/28/25 4:15:00 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Amendment: SEC Form SCHEDULE 13D/A filed by Hess Midstream LP

      SCHEDULE 13D/A - Hess Midstream LP (0001789832) (Subject)

      5/12/25 5:15:03 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • SEC Form 10-Q filed by Hess Midstream LP

      10-Q - Hess Midstream LP (0001789832) (Filer)

      5/8/25 4:15:24 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Amendment: SEC Form SCHEDULE 13D/A filed by Hess Midstream LP

      SCHEDULE 13D/A - Hess Midstream LP (0001789832) (Subject)

      5/7/25 4:54:17 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Hess Midstream LP to Participate in May and June Conferences

      Hess Midstream LP (NYSE:HESM) ("Hess Midstream") announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, will meet with investors at the Annual Energy Infrastructure CEO & Investor Conference on May 21, 2025, and at the J.P. Morgan Energy, Power, Renewables & Mining Conference on June 24, 2025. A presentation will be posted in the "Investors" section of the Hess Midstream website at www.hessmidstream.com. About Hess Midstream Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Hess

      5/7/25 4:15:00 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Hess Midstream LP Announces Signing of Accretive $200 Million Repurchase From Sponsors and the Public

      Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced an accretive $200 million repurchase that included both Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, a part of BlackRock, Hess Midstream's sponsors (the "Sponsors"), and Hess Midstream's Class A shares from the public. Hess Midstream announced the execution of a definitive agreement providing for the repurchase of approximately $190 million of Class B units by its subsidiary, Hess Midstream Operations LP, from the Sponsors. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess

      5/6/25 8:00:00 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • Hess Midstream LP Reports Estimated Results for the First Quarter of 2025

      First Quarter 2025 Highlights: Net income was $161.4 million. Net cash provided by operating activities was $202.4 million. Net income attributable to Hess Midstream LP was $71.6 million, or $0.65 basic earnings per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $292.3 million and Adjusted Free Cash Flow1 was $190.7 million. Increased quarterly cash distribution to $0.7098 per Class A share for the first quarter of 2025, an increase of $0.0086 per Class A share for the first quarter of 2025 compared with the fourth quarter of 2024. Completed accretive $100.0 million repurchase of Class B units of Hess Midstream Operations LP in January 2025. Th

      4/30/25 8:00:00 AM ET
      $HESM
      Oil & Gas Production
      Energy

    $HESM
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Hess Midstream Partners downgraded by JP Morgan with a new price target

      JP Morgan downgraded Hess Midstream Partners from Overweight to Neutral and set a new price target of $37.00

      3/8/24 7:38:14 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • Goldman resumed coverage on Hess Midstream Partners with a new price target

      Goldman resumed coverage of Hess Midstream Partners with a rating of Buy and set a new price target of $32.00

      10/6/23 7:37:09 AM ET
      $HESM
      Oil & Gas Production
      Energy
    • UBS initiated coverage on Hess Midstream Partners with a new price target

      UBS initiated coverage of Hess Midstream Partners with a rating of Buy and set a new price target of $37.00

      5/10/23 6:25:03 AM ET
      $HESM
      Oil & Gas Production
      Energy

    $HESM
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Hess Infrastructure Partners Gp Llc disposed of 6,225,772 units of Class B Shares (SEC Form 4)

      4 - Hess Midstream LP (0001789832) (Issuer)

      5/12/25 5:24:04 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Director Hess Corp disposed of 3,112,886 units of Class B Shares (SEC Form 4)

      4 - Hess Midstream LP (0001789832) (Issuer)

      5/12/25 5:21:55 PM ET
      $HESM
      Oil & Gas Production
      Energy
    • Large owner Blackrock Portfolio Management Llc disposed of 3,112,886 units of Class B Shares (SEC Form 4)

      4 - Hess Midstream LP (0001789832) (Issuer)

      5/12/25 5:15:05 PM ET
      $HESM
      Oil & Gas Production
      Energy