SEC Form 10-Q filed by Hess Midstream LP

Hess Midstream LP (NYSE:HESM) ("Hess Midstream") today provided updated financial and operational guidance for the remainder of 2025 based on updated expectations and for 2026 and 2027 based on an expected decrease in Bakken rig activity by Chevron from four to three drilling rigs commencing in the fourth quarter of 2025. Highlights Hess Midstream continues to expect long-term growth in gas throughput volumes through at least 2027 in the Bakken while oil throughput volumes are now expected to plateau in 2026 as a result of lower planned rig activity. Hess Midstream expects throughput volumes to generally stay above already-established minimum volume commitments. Hess Midstream no

Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced an accretive $100 million repurchase that included both Class B units of its subsidiary, Hess Midstream Operations LP, from an affiliate of Chevron Corporation ("Chevron"), Hess Midstream's sponsor (the "Sponsor"), 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 $30 million of Class B units by its subsidiary, Hess Midstream Operations LP, from the Sponsor. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess Midstream's general partner, based on the

Second Quarter 2025 Highlights: Net income was $179.7 million. Net cash provided by operating activities was $276.9 million. Net income attributable to Hess Midstream LP was $90.3 million, or $0.74 basic earnings per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $316.0 million and Adjusted Free Cash Flow1 was $193.8 million. Completed accretive $190.0 million repurchase of Class B units of Hess Midstream Operations LP and $10.0 million repurchase of Class A shares of Hess Midstream LP. Increased quarterly cash distribution to $0.7370 per Class A share for the second quarter of 2025, an increase of $0.0272 per Class A share for the second qu

Goldman resumed coverage of Hess Midstream Partners with a rating of Neutral and set a new price target of $36.00

Wells Fargo downgraded Hess Midstream Partners from Overweight to Equal Weight and set a new price target of $39.00

UBS downgraded Hess Midstream Partners from Buy to Neutral and set a new price target of $43.00

3 - Hess Midstream LP (0001789832) (Issuer)

4 - Hess Midstream LP (0001789832) (Issuer)

4 - Hess Midstream LP (0001789832) (Issuer)

SD - Hess Midstream LP (0001789832) (Filer)

8-K - Hess Midstream LP (0001789832) (Filer)

144 - Hess Midstream LP (0001789832) (Subject)

Hess Midstream LP (NYSE:HESM) ("Hess Midstream") announced today that following the completion of the merger between Hess Corporation ("Hess") and Chevron Corporation ("Chevron"), Hess Midstream's general partner has appointed new members to its Board of Directors (the "Board") and has appointed new executive officers. As a result of the merger, Chevron beneficially owns Hess' approximately 37.8% interest in Hess Midstream on a consolidated basis. Independent Directors Unchanged; Chevron Leadership Appointed to HESM Board Effective immediately, John B. Hess, Chairman and Chief Executive Officer, Gregory P. Hill, President and Chief Operating Officer of Hess Corporation, and John P. Riel

Hess Midstream LP (NYSE:HESM) ("Hess Midstream") today provided updated financial and operational guidance for the remainder of 2025 based on updated expectations and for 2026 and 2027 based on an expected decrease in Bakken rig activity by Chevron from four to three drilling rigs commencing in the fourth quarter of 2025. Highlights Hess Midstream continues to expect long-term growth in gas throughput volumes through at least 2027 in the Bakken while oil throughput volumes are now expected to plateau in 2026 as a result of lower planned rig activity. Hess Midstream expects throughput volumes to generally stay above already-established minimum volume commitments. Hess Midstream no

Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced an accretive $100 million repurchase that included both Class B units of its subsidiary, Hess Midstream Operations LP, from an affiliate of Chevron Corporation ("Chevron"), Hess Midstream's sponsor (the "Sponsor"), 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 $30 million of Class B units by its subsidiary, Hess Midstream Operations LP, from the Sponsor. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of Directors of Hess Midstream's general partner, based on the

Second Quarter 2025 Highlights: Net income was $179.7 million. Net cash provided by operating activities was $276.9 million. Net income attributable to Hess Midstream LP was $90.3 million, or $0.74 basic earnings per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $316.0 million and Adjusted Free Cash Flow1 was $193.8 million. Completed accretive $190.0 million repurchase of Class B units of Hess Midstream Operations LP and $10.0 million repurchase of Class A shares of Hess Midstream LP. Increased quarterly cash distribution to $0.7370 per Class A share for the second quarter of 2025, an increase of $0.0272 per Class A share for the second qu

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

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

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