earnings
confidence high
sentiment positive
materiality 0.60
Hess Midstream Q1 2025 EPS $0.65; distribution raised to $0.7098; throughput volumes up
Hess Midstream LP
- Net income attributable to Hess Midstream $71.6M, basic EPS $0.65 vs $0.60 in Q1 2024.
- Adjusted EBITDA $292.3M, Adjusted FCF $190.7M, net cash from operations $202.4M.
- Throughput volumes increased 8% gas processing, 7% oil terminaling, 9% water gathering YoY.
- Quarterly distribution raised to $0.7098/Class A share (+$0.0086 QoQ); FY2025 guidance reaffirmed.
- Completed $100M repurchase of Class B units in Jan 2025; issued $800M 5.875% notes due 2028.