---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-215088"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2023-08-17T23:59:59+00:00"
generated_at: "2026-06-11T07:48:59.397027+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream LP secondary offering of 10M Class A shares at $28.80 by GIP affiliate

## Summary
- Selling shareholder (affiliate of Global Infrastructure Partners) sells 10,000,000 Class A shares at $28.80 each.
- Gross proceeds of $288M; net proceeds to selling shareholder ~$285.9M after underwriting discounts.
- Underwriter Goldman Sachs granted 30-day option to purchase up to 1.5M additional shares.
- Hess Midstream LP receives no proceeds from the offering.
- Offering closed August 17, 2023, pursuant to an effective shelf registration statement.

## SEC filing metadata
- accession: 0001193125-23-215088
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2023-08-17T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000119312523215088/0001193125-23-215088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000119312523215088/d514051d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-215088
- JSON: https://secwatch.observer/filing/0001193125-23-215088.json
- Plain text: https://secwatch.observer/filing/0001193125-23-215088.txt

## Key facts
- Material Agreements
  Hess Midstream LP entered into Underwriting Agreement with Hess Midstream LP, Hess Midstream GP LP, Hess Midstream GP LLC, GIP II Blue Holding, L.P., and Goldman Sachs & Co. LLC valued at 10,000,000 Class A shares at $28.80 per share, less underwriting discounts; option for additional 1, (effective 2023-08-15).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Hess Midstream LP, Hess Midstream GP LP, Hess Midstream GP LLC, GIP II Blue Holding, L.P., and Goldman Sachs & Co. LLC
  - Value: 10,000,000 Class A shares at $28.80 per share, less underwriting discounts; option for additional 1,
  - Effective: 2023-08-15
  source text: On August 15, 2023, Hess Midstream LP., a Delaware limited partnership (the “Company”), Hess Midstream GP LP, a Delaware limited partnership and the general partner of the Company (the “General Partner”), Hess Midstream GP LLC, a Delaware limited liability company and the general partner of the General Partner, GIP II Blue Holding, L.P., a Delaware limited partnership (the “Selling Shareholder”), and Goldman Sachs & Co. LLC, as underwriter (the “Underwriter”), entered into an Underwriting Agreement (the “Underwriting Agreement”), pursuant to which the Selling Shareholder agreed to sell to the Underwriter, and the Underwriter agreed to purchase from the Selling Shareholder, subject to and upon the terms and conditions set forth therein, 10,000,000 Class A shares representing limited partner interests in the Company (the “Class A Shares”) at a price of $28.80 per Class A Share, less underwriting discounts (the “Secondary Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1789832/000119312523215088/0001193125-23-215088-index.htm

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