Welcome to our dedicated page for Hess Midstream P news (Ticker: HESM), a resource for investors and traders seeking the latest updates and insights on Hess Midstream P stock.
Hess Midstream LP reports recurring developments for a fee-based midstream partnership that owns, operates, develops and acquires oil, gas and produced water handling assets. The company provides services to Chevron, its subsidiaries and third-party customers, with assets primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.
News for HESM commonly covers operating and financial results, throughput trends, capital expenditure guidance, quarterly cash distributions, share and unit repurchases, return-of-capital plans and annual report filings. Company updates also address gathering, compression, processing, terminaling, export and produced water services tied to its midstream asset base.
Hess Midstream (NYSE: HESM) reported Q1 2026 results: net income $157.7M, net income attributable $87.6M ($0.68 basic per Class A share), Adjusted EBITDA $299.8M, and Adjusted Free Cash Flow $237.0M. Q1 capital expenditures were $10.4M.
The board declared a quarterly distribution of $0.7792 per Class A share and completed $42.0M Class A and $18.0M Class B repurchases. 2026 guidance: net income $650–700M, Adjusted EBITDA $1,225–1,275M, capex $105M, and Adjusted Free Cash Flow $910–960M.
Hess Midstream (NYSE: HESM) announced a quarterly cash distribution of $0.7792 per Class A share for the quarter ended March 31, 2026, an increase of $0.0151 versus the fourth quarter of 2025. The board cited share reductions after a $42 million Class A repurchase and an $18 million Class B unit repurchase in March 2026.
The distribution is payable on May 14, 2026 to holders of record at the close of business on May 7, 2026. Management said the annualized impact of the increase is above the company’s targeted 5% growth in annual distributions per Class A share through 2028.
Hess Midstream (NYSE: HESM) will hold a conference call on Monday, May 4, 2026 at 10:00 a.m. ET to discuss first quarter 2026 earnings.
Participants must register in advance to receive a unique PIN and dial-in number. According to Hess Midstream, the call and replay will be available by audio webcast at www.hessmidstream.com.
Hess Midstream (NYSE: HESM) announced an accretive $60 million repurchase program combining an $18 million unit buyback from its Sponsor and a $42 million accelerated share repurchase (ASR) with JPMorgan.
The subsidiary will repurchase 455,811 Class B units at $39.49 per unit; the ASR includes an initial delivery of 744,492 Class A shares. Transactions are expected to settle in March 2026 and be funded with borrowings under the existing revolving credit facility, with the company stating about $1 billion of financial flexibility through 2028 and capacity to support distribution growth of at least 5% annually through 2028.
Hess Midstream (NYSE: HESM) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 with the SEC on February 25, 2026. The filing includes Hess Midstream’s complete audited financial statements and is available on the company website under Investors > SEC Filings.
Shareholders may request printed copies free of charge by emailing Investor Relations at HessMidstream@hess.com.
Hess Midstream (NYSE: HESM) reported fourth quarter 2025 results with net income $168.0M and net income attributable $93.3M or $0.72 basic EPS. The company generated Adjusted EBITDA $309.1M and Adjusted Free Cash Flow $207.8M.
Revenues were $404.2M; net cash from operations was $245.6M. Capital expenditures fell 44% to $47.6M. Quarterly cash distribution was raised to $0.7641 per Class A share. Total debt about $3.8B, leverage ~3.1x Adjusted EBITDA. Full year 2025 Adjusted EBITDA was $1,238.1M.
Hess Midstream (NYSE: HESM) announced a quarterly cash distribution of $0.7641 per Class A share for the quarter ended December 31, 2025, an increase of $0.0093 versus the third quarter of 2025. The Board set the payable date as February 13, 2026 to holders of record at the close of business on February 5, 2026. Management said it expects Adjusted Free Cash Flow growth through 2028 to support a targeted annual distribution per Class A share growth of at least 5% through 2028 and to provide flexibility for incremental shareholder returns and debt repayment.
Hess Midstream (NYSE: HESM) provided 2026 guidance and extended its return-of-capital program, forecasting stable oil volumes and modest gas growth. For 2026 the company expects net income $650–700M, Adjusted EBITDA $1,225–1,275M, Adjusted free cash flow $850–900M, and capex ~$150M. Throughput guidance includes gas gathering 450–460 MMcf/d and crude gathering 115–125 MBbl/d.
Long-term, Hess Midstream targets ~5% annualized net income and Adjusted EBITDA growth through 2028, capex $75MAdjusted free cash flow ~10% annualized growth, distribution per Class A share growth of at least 5% through 2028, and leverage below 3x Adjusted EBITDA.
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Hess Midstream (NYSE: HESM) declared a quarterly cash distribution of $0.7548 per Class A share for the quarter ended September 30, 2025, an increase of $0.0178 versus Q2 2025.
The board said the increase is supported by excess Adjusted Free Cash Flow after distributions and by completed repurchases totaling $100 million in Q3 2025 ($30 million units, $70 million Class A shares). The quarterly distribution is payable on Nov 14, 2025 to holders of record as of Nov 6, 2025. Management reiterated a target of at least 5% annual distribution growth through 2027 and noted expected continued Adjusted Free Cash Flow growth to support returns of capital.