---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-020104"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2022-10-26T23:59:59+00:00"
generated_at: "2026-06-23T00:54:36.400974+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream Q3 net income $159.4M; raises FY 2022 guidance, volumes up 24% gas processing

## Summary
- Net income $159.4M ($0.53/share) vs $131.1M in Q3 2021; adj. EBITDA $253.6M, DCF $214.8M.
- Gas processing volumes +24% YoY, gas gathering +20%, water gathering +12%; crude oil gathering -4%.
- Raised FY2022 guidance: net income ~$630M, adj. EBITDA ~$990M, DCF ~$840M.
- Q3 distribution $0.5627/share (+1.2% QoQ); targeting 5% annual growth through 2024 with coverage >1.5x in 2022.
- Extended $1.4B credit facilities to July 2027; $5.9M remediation costs for produced water release.

## SEC filing metadata
- accession: 0000950170-22-020104
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2022-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000095017022020104/0000950170-22-020104-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000095017022020104/hesm-20221026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-020104
- JSON: https://secwatch.observer/filing/0000950170-22-020104.json
- Plain text: https://secwatch.observer/filing/0000950170-22-020104.txt

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