---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-010217"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:12:24.489910+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream Q4 net income $70.4M ($0.68 EPS), distribution raised to $0.7012/share

## Summary
- Net income attributable $70.4M ($0.68 basic EPS) vs $0.55 in Q4 2023; adjusted EBITDA $298.2M.
- Throughput volumes up 15-16% YoY for gas gathering/processing, 11% crude gathering, 6% terminaling.
- Quarterly distribution raised to $0.7012/share (+$0.0166 vs Q3 2024); paid Feb 14, 2025.
- Completed accretive $100M repurchase of Class B units in Jan 2025, supporting distribution growth.
- Full year 2024 adjusted EBITDA $1,136.1M; leverage 3.1x; Q4 capex $84.3M.

## SEC filing metadata
- accession: 0000950170-25-010217
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000095017025010217/0000950170-25-010217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000095017025010217/hesm-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-010217
- JSON: https://secwatch.observer/filing/0000950170-25-010217.json
- Plain text: https://secwatch.observer/filing/0000950170-25-010217.txt

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