Date | Price Target | Rating | Analyst |
---|---|---|---|
3/8/2024 | $37.00 | Overweight → Neutral | JP Morgan |
10/6/2023 | $32.00 | Buy | Goldman |
5/10/2023 | $37.00 | Buy | UBS |
4/21/2023 | $35.00 | Outperform | Raymond James |
12/9/2022 | $34.00 | Buy | Citigroup |
3/10/2022 | $33.00 | Overweight → Equal-Weight | Wells Fargo |
1/7/2022 | $32.00 | Overweight → Equal-Weight | Morgan Stanley |
12/16/2021 | $30.00 → $31.00 | Overweight | Wells Fargo |
4 - Hess Midstream LP (0001789832) (Issuer)
4 - Hess Midstream LP (0001789832) (Issuer)
4 - Hess Midstream LP (0001789832) (Issuer)
424B7 - Hess Midstream LP (0001789832) (Filer)
8-K - Hess Midstream LP (0001789832) (Filer)
10-Q - Hess Midstream LP (0001789832) (Filer)
Hess Midstream LP (NYSE:HESM) ("HESM") today announced the commencement of an underwritten public offering of an aggregate of 10,000,000 Class A shares representing limited partner interests in HESM by an affiliate of Global Infrastructure Partners (the "Selling Shareholder"). The Selling Shareholder intends to grant the underwriters a 30-day option to purchase up to 1,500,000 additional Class A shares. HESM will not receive any proceeds from the sale of Class A shares in the offering. Citigroup is acting as the bookrunning manager of the offering. The underwriter intends to offer the Class A shares from time to time for sale in one or more transactions on the New York Stock Exchange, in t
Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream's sponsors (the "Sponsors"). 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 unanimous approval and recommendation of its conflicts committee composed solely of independent directors. "We continue to execute unit repurchase transactions as part of our unique financial str
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 Barclays Annual CEO Energy-Power Conference on September 3, 2024. A presentation has been 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 Midstream owns oil, gas and produced water handling assets that are primarily located in
JP Morgan downgraded Hess Midstream Partners from Overweight to Neutral and set a new price target of $37.00
Goldman resumed coverage of Hess Midstream Partners with a rating of Buy and set a new price target of $32.00
UBS initiated coverage of Hess Midstream Partners with a rating of Buy and set a new price target of $37.00
Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream's sponsors (the "Sponsors"). 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 unanimous approval and recommendation of its conflicts committee composed solely of independent directors. "We continue to execute unit repurchase transactions as part of our unique financial str
Second Quarter 2024 Highlights: Throughput volumes increased 17% for gas processing, 17% for oil terminaling and 43% for water gathering compared with the prior-year quarter, primarily due to higher production, higher gas capture and higher system utilization. Net income was $160.3 million. Net cash provided by operating activities was $271.6 million. Net income attributable to Hess Midstream LP was $49.5 million, or $0.59 basic earnings per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $276.5 million and Adjusted Free Cash Flow1 was $156.4 million. Completed accretive $100 million repurchase of Class B units of Hess Midstream Operations LP
Hess Midstream LP (NYSE:HESM) ("Hess Midstream"), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.6677 per Class A share for the quarter ended June 30, 2024, an increase of $0.0161 per Class A share as compared with the first quarter of 2024. This quarterly increase includes incremental distribution per Class A share growth utilizing excess adjusted free cash flow available for distributions following Hess Midstream's accretive $100 million unit repurchase in June 2024 and, on an annualized basis, is significantly above Hess Midstream's targeted 5% growth in annual distributions per Class A share through 2026. "We continue to
UBS analyst Brian Reynolds maintains Hess Midstream (NYSE:HESM) with a Buy and raises the price target from $38 to $40.
Hess Midstream LP (NYSE:HESM) ("Hess Midstream") today announced the execution of a definitive agreement providing for the repurchase of approximately $100 million of Class B units by its subsidiary, Hess Midstream Operations LP, from affiliates of Hess Corporation and Global Infrastructure Partners, Hess Midstream's sponsors (the "Sponsors"). 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 unanimous approval and recommendation of its conflicts committee composed solely of independent directors.
SC 13D/A - Hess Midstream LP (0001789832) (Subject)
SC 13D/A - Hess Midstream LP (0001789832) (Subject)
SC 13D/A - Hess Midstream LP (0001789832) (Subject)