---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-174531"
form_type: "8-K"
ticker: "HESM"
cik: "0001789832"
company_name: "Hess Midstream LP"
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T19:46:46.621656+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hess Midstream announces $100M accretive repurchase of $30M sponsor units and $70M ASR of Class A shares

## Summary
- Subsidiary Hess Midstream Operations LP repurchases 695,894 Class B units from Chevron affiliate for ~$30M at $43.11/share.
- Enters $70M accelerated share repurchase (ASR) with JPMorgan; initial delivery of 1,136,627 Class A shares (70% of expected).
- Post-repurchase public ownership ~62.4%, Chevron ~37.6%; repurchased securities to be cancelled, accretive to distributable cash flow per share.
- Funded via revolving credit facility; unit repurchase closes August 8, ASR settlement expected September 2025.

## SEC filing metadata
- accession: 0001193125-25-174531
- form_type: 8-K
- ticker: HESM
- cik: 0001789832
- company_name: Hess Midstream LP
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1789832/000119312525174531/0001193125-25-174531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1789832/000119312525174531/d929429d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-174531
- JSON: https://secwatch.observer/filing/0001193125-25-174531.json
- Plain text: https://secwatch.observer/filing/0001193125-25-174531.txt

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