Hess Midstream Q4 net income falls to $149.8M, distributable cash flow $202.6M, quarterly distribution raised 1.2%

Hess Midstream LP

Net income $149.8M vs $165.1M in Q4 2021; EPS $0.49 vs $0.51 year ago.
Adjusted EBITDA $245.1M, DCF $202.6M, Adjusted Free Cash Flow $144.1M.
Revenue $314.6M; crude gathering volumes down 12% YoY, water gathering up 7%.
Quarterly distribution raised to $0.5696 per share, 1.2% QoQ increase; targeting 5% annual growth.
2023 guidance to be issued separately on Jan 25.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Hess Midstream LP reported the fourth quarter of 2022 results: revenue $314.6 million, net income $149.8 million, EPS $0.49 basic earnings per Class A share.

Period: the fourth quarter of 2022
Revenue: $314.6 million
Net income: $149.8 million
EPS: $0.49 basic earnings per Class A share
Result: reported results

Exact text from the filing

these non‐GAAP measures to GAAP reporting measures appear in the following pages of this release. Financial Results Revenues and other income in the fourth quarter of 2022 were $314.6 million compared with $316.3 million in the prior-year quarter. Fourth quarter 2022 revenues included $16.7 million of pass-through electricity, produced water trucking and disposal

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

Hess Midstream LP filing history →

Source: SEC EDGAR

accession 0000950170-23-001142

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.