{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-047927","form_type":"8-K","ticker":"HESM","cik":"0001789832","company_name":"Hess Midstream LP","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.126597+00:00","generated_at":"2026-06-03T08:10:57.935205+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 Q1 net income $161.9M, EPS $0.60; increases distribution to $0.6516/share","bullets":["Net income $161.9M; attributable to HESM $44.6M ($0.60 basic EPS) vs $0.47 in Q1 2023.","Adjusted EBITDA $275.8M, Adjusted Free Cash Flow $194.2M; reaffirmed FY2024 EBITDA guidance $1.125–1.175B.","Throughput volumes up YoY: gas processing +16%, oil terminaling +13%, water gathering +47%.","Increased quarterly distribution to $0.6516/share (~2.7% QoQ); targets at least 5% annual growth through 2026.","Completed $100M repurchase of Class B units in March 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-047927","json":"https://secwatch.observer/filing/0000950170-24-047927.json","markdown":"https://secwatch.observer/filing/0000950170-24-047927.md","text":"https://secwatch.observer/filing/0000950170-24-047927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024047927/0000950170-24-047927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024047927/hesm-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T08:10:57.935205+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":"d49a71e3954d1a05f4b850c36f94a626024357b3","claim":"Hess Midstream LP reported the first quarter of 2024 results: revenue $355.6 million, net income $161.9 million, EPS $0.60 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 first quarter of 2024 were $355.6 million compared with $305.0 million in the prior‐year quarter. First quarter 2024 affiliate revenues included $23.2 million of pass-through electricity, produced water trucking and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1789832/000095017024047927/0000950170-24-047927-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2024"},{"label":"Revenue","value":"$355.6 million"},{"label":"Net income","value":"$161.9 million"},{"label":"EPS","value":"$0.60 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"}