hess midstream partners lp focuses on processing natural gas and fractionating natural gas liquids (ngls) in the united states. it also intends to engage in terminaling and loading crude oil and ngls; transporting crude oil through rail cars; and storing and terminaling propane. hess midstream partners gp llc is the general partner of the company. the company was founded in 2014 and is based in houston, texas
Company profile
Ticker
HESM
Exchange
Website
CEO
John B. Hess
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Hess Midstream LP • Hess Midstream Operations LP • Hess Infrastructure Partners Holdings LLC • Hess Infrastructure Partners LP • Hess Midstream Holdings LLC • Hess Midstream Partners GP LLC • Hess Midstream Partners GP LP • Hess North Dakota Pipelines Operations LP • Hess North Dakota Pipelines Holdings LLC • Hess North Dakota Pipelines LLC ...
HESM stock data
Latest filings (excl ownership)
8-K
Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
14 Mar 24
10-K
2023 FY
Annual report
29 Feb 24
8-K
Hess Midstream LP Announces Secondary Public Offering of Class a Shares
8 Feb 24
424B7
Prospectus with selling stockholder info
7 Feb 24
424B7
Prospectus with selling stockholder info
5 Feb 24
8-K
Hess Midstream LP Reports Estimated Results for the Fourth Quarter of 2023
31 Jan 24
8-K
Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
16 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Hess Midstream LP Reports Estimated Results for the Third Quarter of 2023
25 Oct 23
8-K
Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
22 Sep 23
Transcripts
HESM
Earnings call transcript
2023 Q4
31 Jan 24
HESM
Earnings call transcript
2023 Q2
26 Jul 23
HESM
Earnings call transcript
2023 Q1
26 Apr 23
HESM
Earnings call transcript
2022 Q4
25 Jan 23
HESM
Earnings call transcript
2022 Q3
26 Oct 22
HESM
Earnings call transcript
2022 Q2
27 Jul 22
HESM
Earnings call transcript
2022 Q1
27 Apr 22
HESM
Earnings call transcript
2021 Q4
26 Jan 22
HESM
Earnings call transcript
2021 Q3
27 Oct 21
HESM
Earnings call transcript
2021 Q2
28 Jul 21
Latest ownership filings
4
Change in insider ownership
18 Mar 24
4
Change in insider ownership
18 Mar 24
4
Change in insider ownership
18 Mar 24
SC 13D/A
Hess Investments North Dakota LLC
15 Mar 24
SC 13D/A
GIP II Blue Holding, L.P.
15 Mar 24
4
John A. Gatling
13 Mar 24
SC 13D/A
Hess Investments North Dakota LLC
13 Mar 24
144
Notice of proposed sale of securities
13 Mar 24
SC 13D/A
GIP II Blue Holding, L.P.
13 Mar 24
4
Stephen J J Letwin
12 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 203 |
Opened positions | 39 |
Closed positions | 14 |
Increased positions | 90 |
Reduced positions | 36 |
13F shares | Current |
---|---|
Total value | 1.73 tn |
Total shares | 366.38 mm |
Total puts | 251.90 k |
Total calls | 345.30 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
GIP II Blue Holding Partnership | 115.03 mm | $2.91 bn |
Hess Investments North Dakota | 87.30 mm | $2.64 bn |
GIP II Blue Holding | 75.80 mm | $2.30 bn |
CI Global Investments | 25.04 mm | $630.23 mm |
Alps Advisors | 11.73 mm | $341.66 bn |
Energy Income Partners | 4.12 mm | $119.96 bn |
First Trust Portfolios | 3.90 mm | $0.00 |
IVZ Invesco | 3.58 mm | $104.19 bn |
GS Goldman Sachs | 3.36 mm | $97.86 bn |
Tortoise Capital Advisors, L.L.C. | 3.21 mm | $93.54 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Hess Infrastructure Partners GP | Class B Shares | Other | Dispose J | Yes | No | 0 | 3,515,022 | 0.00 | 119,105,200 |
14 Mar 24 | Hess | Class B Shares | Other | Dispose J | Yes | No | 0 | 1,757,511 | 0.00 | 59,552,600 |
14 Mar 24 | Hess | Opco Class B Units Class A Shares | Sale back to company | Dispose D | Yes | No | 35.5 | 1,059,390 | 37.61 mm | 84,071,940 |
14 Mar 24 | Global Infrastructure Investors II | Class B Shares | Other | Dispose J | Yes | No | 0 | 1,757,511 | 0.00 | 0 |
14 Mar 24 | Global Infrastructure Investors II | Class B Shares | Other | Dispose J | Yes | No | 0 | 1,757,511 | 0.00 | 59,552,600 |
14 Mar 24 | Global Infrastructure Investors II | Opco Class B Units Class A Shares | Sale back to company | Dispose D | Yes | No | 35.5 | 1,757,511 | 62.39 mm | 59,552,600 |
13 Mar 24 | Gatling John A. | Class A Shares | Sell | Dispose S | No | No | 35.78 | 2,231 | 79.83 k | 56,732 |
8 Mar 24 | Stein Jonathan C. | 2024 Phantom Shares Class A Shares | Grant | Acquire A | No | No | 0 | 7,135 | 0.00 | 7,135 |
News
Hess Midstream LP Announces Signing Of Accretive $100M Sponsor Unit Repurchase
12 Mar 24
JP Morgan Downgrades Hess Midstream to Neutral
8 Mar 24
UBS Maintains Buy on Hess Midstream, Raises Price Target to $38
1 Mar 24
Overcoming Challenges and Adapting: Hess Midstream Navigates to Reward InvestorsDriving Profitability and Investor Rewards: Hess Midstream Delivers Strong Performance and Growing Profits
14 Feb 24
Hess Midstream Announces Pricing Of 10M Class A Shares Secondary Offering For $331M In Gross Proceeds
6 Feb 24
Press releases
Hess Midstream LP Announces Filing of 2023 Annual Report on Form 10-K
29 Feb 24
Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares
5 Feb 24
Hess Midstream LP Announces Secondary Public Offering of Class A Shares
5 Feb 24
Hess Midstream LP Announces Guidance, Increases and Extends Return of Capital Program Through 2026
31 Jan 24
Hess Midstream LP Announces Distribution Per Share Level Increase
29 Jan 24