---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118597"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:27:01.576434+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream Q3 2024 net income $164.7M, EPS $0.63; distribution increased to $0.6846/share

## Summary
- Net income $164.7M, EPS $0.63 (vs $0.57 YoY); adjusted EBITDA $286.9M, adjusted free cash flow $141.4M.
- Throughput volumes +9% for gas gathering and processing vs Q3 2023; water gathering volumes +29% YoY.
- Completed $100M accretive repurchase of Class B units in Sept 2024; increased cash distribution to $0.6846/share (+$0.0169 QoQ).
- Q4 2024 guidance: net income $170-185M, adjusted EBITDA $295-310M; reaffirming full-year throughput guidance.
- Targets at least 5% annual distribution growth through 2026; expects >$1.25B financial flexibility through 2026.

## SEC filing metadata
- accession: 0000950170-24-118597
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000095017024118597/0000950170-24-118597-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000095017024118597/hesm-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118597
- JSON: https://secwatch.observer/filing/0000950170-24-118597.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118597.txt

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