earnings
confidence high
sentiment positive
materiality 0.75
Hess Midstream Q2 net income $179.7M, EPS $0.74; distribution raised 3.8% QoQ
Hess Midstream LP
- Net income attributable to HESM $90.3M ($0.74 basic EPS) vs $0.59 YoY; Adjusted EBITDA $316M.
- Throughput volumes up 7% gas processing, 9% oil terminaling, 11% water gathering YoY.
- Completed $190M Class B unit and $10M Class A share repurchases; distribution increased to $0.7370/share.
- Full-year net income guidance updated to $685-735M; Adjusted EBITDA reaffirmed $1,235-1,285M.
- S&P upgraded senior unsecured debt to BBB- on July 24, 2025.
item 2.02item 9.01