---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-000489"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2022-01-26T23:59:59+00:00"
generated_at: "2026-06-27T15:30:53.328640+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream Q4 net income $165M; guides 2022 Adj EBITDA $970M-$1B, extends 5% distribution growth through 2024

## Summary
- Net income Q4 2021 $165.1M (up from $132.3M Q4 2020); attributable to HESM $16.9M or $0.51 per share.
- Adjusted EBITDA $246.6M, DCF $215.0M; 2022 guidance: Adj EBITDA $970M-$1,000M, DCF $840M-$870M.
- Declared Q4 distribution $0.5167/share, 5% annual growth target extended through 2024 with >1.4x coverage.
- MVCs for 2024 established with 95% revenue protection for 2022; leverage expected ~2.6x in 2022.
- Gas gathering volumes up 4% YoY; crude oil gathering down 18% due to reduced drilling activity.

## SEC filing metadata
- accession: 0000950170-22-000489
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2022-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000095017022000489/0000950170-22-000489-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000095017022000489/hesm-20220126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-000489
- JSON: https://secwatch.observer/filing/0000950170-22-000489.json
- Plain text: https://secwatch.observer/filing/0000950170-22-000489.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.