Brief: Hess Midstream LP Announces Signing Of Accretive $100 Million Repurchase From Sponsor And The Public
05/08/2025 14:15
Aug 5 (Reuters) - Hess Midstream LP HESM.N: HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $100 MILLION REPURCHASE FROM SPONSOR AND THE PUBLIC HESS MIDSTREAM LP - ENTERS ASR AGREEMENT FOR $70 MILLION REPURCHASE OF CO'S PUBLICLY TRADED CLASS A SHARES HESS MIDSTREAM LP - EXPECT TO CONTINUE TO HAVE MORE THAN $1.25 BILLION OF FINANCIAL FLEXIBILITY THROUGH 2027 FOR INCREMENTAL SHAREHOLDER RETURNS Source text: ID:nBw5PdH79a Further company coverage: HESM.N ((Reuters.Briefs@thomsonreuters.com;))
Recent news on Hess Midstream LP
See all newsChevron to divest midstream assets in Bakken restructuring (updated)
Brief: Hess Midstream Expects 2027 Adjusted EBITDA of $850 Million - $950 Million
Chevron to divest ownership interests in Hess Midstream and DJ Basin crude midstream assets
Brief: Chevron To Divest Its Ownership Interests In Hess Midstream And Dj Basin Crude Midstream Assets
US RESEARCH ROUNDUP-Arxis, Cigna, Vylor