{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-009150","form_type":"8-K","ticker":"HESM","cik":"0001789832","company_name":"Hess Midstream LP","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.545379+00:00","generated_at":"2026-06-06T14:00:55.218772+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Hess Midstream Q4 net income $152.8M; adj EBITDA $264.1M; distribution raised 2.7% sequentially","bullets":["Net income attributable to Hess Midstream $37.5M ($0.55 EPS) vs $0.49 YoY; revenue $356.5M (+13% YoY).","Adjusted EBITDA $264.1M; Adjusted Free Cash Flow $146.6M; net cash from ops $247.6M.","Gas processing throughput +24%, oil terminaling +19%, water gathering +47% vs prior-year quarter.","Increased Q4 cash distribution to $0.6343/Class A share (+2.7% vs Q3 2023), targeting ≥5% annual growth through 2025.","Completed $100M repurchase of Class B units in Nov 2023; FY 2023 full-year adj EBITDA $1,022.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-009150","json":"https://secwatch.observer/filing/0000950170-24-009150.json","markdown":"https://secwatch.observer/filing/0000950170-24-009150.md","text":"https://secwatch.observer/filing/0000950170-24-009150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024009150/0000950170-24-009150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024009150/hesm-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:00:55.218772+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a53c0ff03dc18e1c9af7114c2eb5f4fd9421a753","claim":"Hess Midstream LP reported the fourth quarter of 2023 results: revenue $356.5 million, net income $152.8 million, EPS $0.55 basic earnings per Class A share.","evidence_excerpt":"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 2023 were $356.5 million compared with $314.6 million in the prior-year quarter. Fourth quarter 2023 revenues included $21.7 million of pass-through electricity, produced water trucking and disposal","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024009150/0000950170-24-009150-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$356.5 million"},{"label":"Net income","value":"$152.8 million"},{"label":"EPS","value":"$0.55 basic earnings per Class A share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}