Hess Midstream LP Class A Representing Limited Partner Interests (HESM)
33.10
+0.00 (0.00%)
NYSE · Last Trade: Oct 21st, 7:41 AM EDT
Detailed Quote
Previous Close
33.10
Open
-
Bid
32.95
Ask
33.59
Day's Range
N/A - N/A
52 Week Range
31.63 - 44.14
Volume
472
Market Cap
1.46B
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
2.948 (8.91%)
1 Month Average Volume
1,612,224
Chart
About Hess Midstream LP Class A Representing Limited Partner Interests (HESM)
Hess Midstream Partners LP is a leading provider of midstream services in the oil and gas industry, primarily focused on the transportation, processing, and storage of hydrocarbons. The company operates a highly integrated network of pipelines, terminals, and processing facilities, enabling it to efficiently move crude oil, natural gas, and other related products from production sites to market. By collaborating closely with upstream producers, Hess Midstream Partners delivers reliable and flexible solutions tailored to meet the evolving needs of its customers, while maintaining a strong commitment to safety and environmental stewardship. Read More
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Monday, November 3, 2025, at 10:00 a.m. Eastern Time to discuss its third quarter 2025 earnings release.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
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.
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 LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2025 net income of $179.7 million compared with net income of $160.3 million for the second quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $90.3 million, or $0.74 basic earnings per Class A share, compared with $0.59 basic earnings per Class A share in the second quarter of 2024. Hess Midstream generated Adjusted EBITDA of $316.0 million. Net cash provided by operating activities was $276.9 million and Adjusted Free Cash Flow was $193.8 million.
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.7370 per Class A share for the quarter ended June 30, 2025, an increase of $0.0272 per Class A share as compared with the first quarter of 2025. This increase is supported by excess adjusted free cash flow after distributions following Hess Midstream’s accretive $190 million unit repurchase and $10.0 million repurchase of Class A shares of Hess Midstream LP in May 2025 and, on an annualized basis, is significantly above Hess Midstream’s targeted 5% growth in annual distributions per Class A share through 2027.
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.
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, July 30, 2025, at 12:00 p.m. Eastern Time to discuss its second quarter 2025 earnings release.
Hess Midstream LP (NYSE: HESM) today announced publication of its 2024 Sustainability Report as part of its commitment to transparency about environmental, social and governance plans and performance. The report is available on the Hess Midstream website.
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that Global Infrastructure Partners (“GIP”), a part of BlackRock, has completed a full exit of its position in Hess Midstream as the result of the closing of a registered underwritten public offering on May 30, 2025. Ownership of Hess Midstream on a consolidated basis is now approximately 62.2% for the public and 37.8% for Hess Corporation (“Hess”).
