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HESM — Hess Midstream LP News Story

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Brief: Hess Midstream Expects 2027 Adjusted EBITDA of $850 Million - $950 Million

BRIEF-Hess Midstream Expects 2027 Adjusted EBITDA of $850 Million - $950 Million

- Hess Midstream LP HESM.N:

  • HESS MIDSTREAM LP - EXPECTS 2026 ADJUSTED EBITDA OF $1.23 BILLION–$1.25 BILLION

  • HESS MIDSTREAM LP ANNOUNCES TRANSFORMATIVE TRANSACTION LEADING TO NEW INDEPENDENT MULTI-BASIN MIDSTREAM COMPANY

  • HESS MIDSTREAM LP - EXPECTS 2027 ADJUSTED EBITDA OF $850 MILLION-$950 MILLION; GROSS ADJUSTED EBITDA MARGIN OF 75%; ADJUSTED FREE CASH FLOW OF $525 MILLION-$625 MILLION

  • HESS MIDSTREAM LP - EXPECTS 2027 CAPITAL EXPENDITURES OF $125 MILLION

  • HESS MIDSTREAM LP - TARGETS 5% ANNUAL DISTRIBUTION PER CLASS A SHARE GROWTH IN Q3 AND Q4 2026

  • HESS MIDSTREAM LP - CHEVRON EXPECTED TO MOVE FROM THREE TO TWO DRILLING RIGS IN BAKKEN IN DECEMBER 2026

  • HESS MIDSTREAM LP: FOLLOWING CLOSE OF DEAL , CO'S MANAGEMENT TEAM WILL BE LED BY COMPANY'S CURRENT CHIEF EXECUTIVE OFFICER, JONATHAN C. STEIN

  • HESS MIDSTREAM LP: INTENDS TO MAINTAIN ITS HEADQUARTERS IN HOUSTON, TEXAS AND OPERATE UNDER A NEW NAME

  • HESS MIDSTREAM LP - CO AND CHEVRON TO AMEND BAKKEN AGREEMENTS; REDUCE TARIFFS AND EXTEND TERMS THROUGH 2045

  • HESS MIDSTREAM LP - EXPECTS 2027 DISTRIBUTIONS TO BE MAINTAINED AT Q4 2026 LEVELS PER SHARE


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