secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001193125-25-261718
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hess Midstream Q3 net income $175.5M, EPS $0.75, dividend increased 2.4% QoQ
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000119312525261718/0001193125-25-261718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000119312525261718/hesm-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-261718

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer