Hess Midstream Partners

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas and crude oil gathering and compression. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture and mentor storage terminal. The Terminaling and Export segment consists of the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars and Johnson's corner header system. The company was founded on January 1, 2014 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess Midstream excels in 2022, eyes growth amid challenges

Hess Midstream Partners delivered strong performance in 2022, with notable volume growth and financial results. The company's focus on expansion and optimization sets the stage for continued success in 2023 and beyond.
While facing challenges in managing increased well completions and market volatility, Hess Midstream remains well-positioned to navigate these obstacles. Opportunities for growth through operational efficiencies and strategic partnerships offer promising avenues for future success.

Hess Midstream excels in Q1 earnings, eyes growth opportunities

Hess Midstream Partners' Q1 2023 performance reflects strong operational and financial results, exceeding expectations.
The company's strategic focus on growth, shareholder returns, and operational excellence positions it for future success.
Challenges include industry volatility and regulatory uncertainties, but opportunities for revenue expansion and value creation abound.
Overall, Hess Midstream's commitment to growth, financial stability, and shareholder value enhancement is evident in its Q1 performance.

Hess Midstream excels in Q2, projects strong growth ahead

Hess Midstream Partners demonstrated strong operational performance and financial discipline in Q2 2023, with robust throughput volumes and shareholder returns.
The company's strategic focus on the Bakken region, ethane recovery, and capital allocation positions it well for sustained growth and value creation.
While facing challenges in a dynamic market environment, Hess Midstream has opportunities to drive future growth through operational efficiency and shareholder-centric strategies.
Overall, Hess Midstream's solid financial results, growth projections, and commitment to shareholder returns underscore its resilience and potential for long-term success.

Hess Midstream excels in Q4 2023, eyes robust gas growth

Hess Midstream's Q4 2023 earnings call highlighted stellar performance, solid financials, and strategic growth plans. Despite challenges like weather impacts, the company remains focused on capitalizing on opportunities in gas processing and infrastructure development.

Hess Midstream Partners (HESM) excels in Q1 2024, poised for growth

HESM's strong Q1 2024 performance and financial results reflect operational excellence and strategic focus on growth and efficiency.
Despite challenges in execution and capital expenditure management, HESM's reaffirmed guidance and financial stability position the company for continued success.
The outlook for HESM in 2024 includes opportunities for revenue growth, investor appeal through distribution growth, and strategic expansion leveraging solid financial performance.

Hess Midstream Partners excels in Q2, eyes growth opportunities

Hess Midstream Partners delivered strong operational performance and shareholder returns in Q2 2024. With a focus on supporting development in the Bakken, the company maintains a solid financial position and growth outlook amidst industry challenges.

Hess Midstream exceeds Q3 targets, poised for sustainable growth

Hess Midstream Partners demonstrated robust operational performance and financial stability in Q3, exceeding production targets and maintaining strong EBITDA margins.
While facing challenges such as external market factors and capital expenditure management, the company remains focused on growth opportunities and shareholder value creation.
With a clear strategic direction, emphasis on operational efficiency, and a positive growth trajectory, Hess Midstream is well-positioned for sustained success and value generation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded in 2014 and is headquartered in Houston, TX.

Enterprise Products Partners

Energy Transfer LP Unit

Mach Natural Resources LP

MPLX

USA Compression Partners

24/7 Insights Recent reports have indicated hedge funds are the most underweighted to energy in years.

6 Ultra-High Yield Energy MLPs to Buy Now and One Yields Over 15%

Lazard

Altria

NorthWestern

Philip Morris

Dividend growth stocks can provide reliable cash flows and drive long-term wealth for income investors. Every month we screen for dividend stocks based on safety, growth, and consistency metrics to help identify worthwhile investments. This month we have five familiar names, but one utility name we haven't touched on in over two years now, which appears to be an attractive consideration.

June's 5 Dividend Growth Stocks With 5.02%+ Yields

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN J.P. MORGAN ENERGY, POWER & RENEWABLES CONFERENCE.

Hess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables Conference

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.

Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares

Broadcom

Bank of America

Brown & Brown

Cigna

Carlisle Companies

Dick's Sporting Goods

Comfort Systems USA

Imperial Oil

Lennar

Martin Marietta Materials

Microsoft

NRG Energy

Owens Corning

Quanta Services

QUALCOMM

Target

Tesco PLC

Wingstop

This article focuses on selecting high-growth dividend stocks with rapidly growing dividends rather than high current yields. We use our proprietary models to rate quantitatively and qualitatively and select the top ten names from an initial list of nearly 400 dividend stocks. The article provides criteria for selecting high-growth dividend stocks. It offers a step-by-step guide on structuring a portfolio based on this strategy.

Our Top 10 Dividend Growth Stocks - May 2024

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRICING OF UPSIZED PRIVATE OFFERING OF SENIOR NOTES DUE 2029.

Hess Midstream Operations LP Announces Pricing of Upsized Private Offering of Senior Notes Due 2029

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES DUE 2029.

Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2029

Berry Petroleum Corp.

CVR Energy

Eagle Bancorp

Annaly Capital

Plains GP Hlds

Two Harbors Investment

Conventional wisdom tells us to work smarter, not harder. But how? One way for investors to do so is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise.

For $10,000 in Passive Income, Invest $10,000 in These 8 Dividend Stocks

Hess Midstream LP (NYSE:HESM ) Q1 2024 Results Conference Call April 25, 2024 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference Call Participants Doug Irwin - Citi Operator Good day, ladies and gentlemen. And welcome to the First Quarter 2024 Hess Midstream Conference Call.

Hess Midstream LP (HESM) Q1 2024 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported first quarter 2024 net income of $161.9 million compared with net income of $142.2 million for the first quarter of 2023. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $44.6 million, or $0.60 basic earnings per Class A share, compared with $0.47 basic earnings per Class A share in the first quarter of 2023. Hess Midstream generated Adjusted EB.

Hess Midstream LP Reports Estimated Results for the First Quarter of 2024

Buy 6 Ultra-Yield MLPs Now As Middle East War Could Explode

Applied Materials

Advanced Micro Devices

Atlantica Sustainable Infrastructure

First Trust High Income Long/Short Fund

KKR Income Opportunities Fund

Monolithic Power Systems

Neuberger Berman Next Generation Connectivity Fund

Rice Acquisition Corp II

NVIDIA

Sempra Energy

Targa Resources

Taiwan Semiconductor Manufacturing

Tortoise Energy Infrastructure

Williams

Stock #4: Atlantica Sustainable Infrastructure plc (NASDAQ: AY) Yield: 9.79% Shares for $50,000: 2,705 Annual Passive Income: ~$4,895 Headquartered in Brentford, United Kingdom, Atlantica Sustainable Infrastructure Plc is engaged in green energy production, along with operation of electric transmission lines and water desalination.

Want $27,000 In Passive Income? Invest $50,000 In These Dividend Stocks

Alerian MLP ETF

Chevron

Robinhood Gold just rolled out a wild 5.25% APY yield for members, a whopping 8x the national average and way better than treasuries.

6 Blue Chip Energy MLPs That All Pay Huge Dividends

National Retail Properties

Every month, we look at companies that are delivering not only a solid dividend yield but also showing a trend of growing dividends. One of my main goals for investing is to generate my own growing cash flows passively over time through dividend payers. The dividend stocks that showed up in the screening that we'll be touching on today include Altria, Hess Midstream, 3M, Philip Morris, and NNN REIT.

March's 5 Dividend Growth Stocks With 5.48%+ Yields

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Filing of 2023 Annual Report on Form 10-K.

Hess Midstream LP Announces Filing of 2023 Annual Report on Form 10-K

Bank of Nova Scotia

British American Tobacco

As 2023 passed with no recession materializing, many investors breathed a sigh of relief, which natively may not seem supportive of targeting high-yield dividend stocks growth. After all, with the economy booming and workers vigorously rejoining the labor market, equity sector participants may eschew passive income for outright capital gains.

Cash In on Growth: 3 High-Yield Dividend Stocks to Supercharge Your Income

Hess Midstream LP (HESM) Q4 2023 Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today provided financial and operational guidance and expectations. “We continue to execute our strategy of making focused investments to capture increasing volumes in the Bakken,” said John Gatling, President and Chief Operating Officer of Hess Midstream. "Our 2026 minimum volume commitments imply substantial growth from 2023 levels, underpinned by Hess' planned development activity and our continued focus on gas captu.

Hess Midstream LP Announces Guidance, Increases and Extends Return of Capital Program Through 2026

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported fourth quarter 2023 net income of $152.8 million compared with net income of $149.8 million for the fourth quarter of 2022. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $37.5 million, or $0.55 basic earnings per Class A share compared with $0.49 basic earnings per Class A share in the fourth quarter of 2022. Hess Midstream generated Adjusted EBITDA of $264.1.

Hess Midstream LP Reports Estimated Results for the Fourth Quarter of 2023

Since topping out at $120 in the summer of 2022, the major oil benchmarks had traded down every month until bottoming at the beginning of December. The decline from the top in June of 2022 was a staggering 40%, and while the oil majors can still make money at that level, with a declining price, many opted to slow or halt production.

6 ‘Strong Buy' Energy MLPs With Huge Dividends To Buy Before Oil Explodes Higher

HOUSTON--(BUSINESS WIRE)---- $HESM--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 UBS Global Energy & Utilities Winter Conference on January 9, 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.

Hess Midstream LP to Participate in UBS Global Energy & Utilities Winter Conference

Agree Realty

Artisan Partners Asset Management

Broadstone Net Lease

DHT Holdings

Innovative Industrial Properties

LyondellBasell Industries

Medifast

Manulife Financial

NETSTREIT Corp

Realty Income Corp

ONEOK

Southern Copper

Vici Properties

Western Union

Dividend growth stocks can provide reliable cash flows and long-term wealth to income investors. In this monthly publication, we screen dividend stocks based on safety, growth, and consistency, which are important for income investors. The five dividend stocks we are touching on today are Altria, Philip Morris International, Manulife Financial Corp., LyondellBasell Industries N.V., and NETSTREIT Corp.

December's 5 Dividend Growth Stocks With 5.10%+ Yields

Adobe

A. O. Smith

Celestica

CrowdStrike

Dropbox

New Oriental Education & Technology Group

Euronav

Genesis Energy

Gen Digital Inc

Howmet Aerospace

Dorian LPG

Stride

Lululemon Athletica

MongoDB

PANW, CRWD, MDB and MSFT stock make this screen of 25 stocks to watch in the top-performing industry groups.

AI Boom Lifts Microsoft, PANW Onto Screen Of 25 Stocks To Watch

News for Hess Midstream Partners Stock (HESM)