earnings
confidence high
sentiment positive
materiality 0.75
Hess Midstream Q3 net income $175.5M, EPS $0.75, dividend increased 2.4% QoQ
Hess Midstream LP
- Net income $175.5M ($0.75 basic EPS) vs $164.7M ($0.63) in Q3 2024; adjusted EBITDA $320.7M.
- Throughput volumes up 10% (gas processing), 7% (oil terminaling), 7% (water gathering) YoY.
- Quarterly distribution raised to $0.7548/share (+$0.0178 QoQ); paid Nov 14 to record Nov 6.
- Completed $70M Class A share repurchase and $30M Class B unit repurchase during Q3.
- Full-year 2025 capex guidance reduced to ~$270M (Capa gas plant suspended); Q4 net income guided $170-180M.
item 2.02item 9.01