Hess Midstream LP Reports Q1 2026 Results; Raises Free Cash Flow Guidance

Hess Midstream LP

Net income of $157.7M and adjusted EBITDA of $299.8M in Q1 2026.
Increased quarterly distribution to $0.7792 per Class A share, up $0.0151 from Q4 2025.
Repurchased $42M of Class A shares and $18M of Class B units in Q1 2026.
Cuts 2026 capex guidance to $105M; raises adjusted free cash flow guidance to $910-$960M.
Reaffirms full-year 2026 throughput, net income, and adjusted EBITDA guidance.

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