secwatch.observer — SEC 8-K summary
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Issuer:     Hess Midstream LP (HESM)
CIK:        0001789832
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001193125-26-202613
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1789832/000119312526202613/0001193125-26-202613-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1789832/000119312526202613/hesm-20260504.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-202613

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