secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0000950170-24-093996
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess Midstream adopts new segment reporting standard; recasts prior periods
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- Early adoption of ASU 2023-07 effective April 1, 2024; no restatement of prior financials.
- CODM (CEO & CFO) uses segment Adjusted EBITDA to evaluate three segments: gathering, processing & storage, terminaling & export.
- Recast segment disclosures provided for FY 2023 and prior quarterly periods in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000095017024093996/0000950170-24-093996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000095017024093996/hesm-20240808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-093996

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