secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000950170-25-060585
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess Midstream Q1 2025 EPS $0.65; distribution raised to $0.7098; throughput volumes up
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000095017025060585/0000950170-25-060585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000095017025060585/hesm-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060585

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