AI brief of an SEC Form 8-K · Hess Midstream LP (HESM)

Hess Midstream Q3 2026 net income rises to $179.1 million; revenue falls to $410.1 million

Mixed Impact 3 of 5 earnings Written later

Hess Midstream LP reported estimated third quarter 2026 results. Net income rose to $179.1 million from $175.5 million a year earlier, and earnings per Class A share rose to $0.77 from $0.75, but total revenues fell $10.8 million to $410.1 million. The company also raised its quarterly distribution to $0.7985 per Class A share and reiterated its full-year 2026 guidance.

Key points

  • Net income attributable to Hess Midstream LP was $99.4 million, or $0.77 per basic Class A share, versus $0.75 in Q3 2025.
  • Total revenues were $410.1 million versus $420.9 million, mainly due to lower throughput volumes, partly offset by higher tariff rates.
  • Adjusted EBITDA was $319.9 million and Adjusted Free Cash Flow was $247.9 million, compared with $320.7 million and $186.8 million a year earlier.
  • Distribution of $0.7985 per Class A share is payable November 13, 2026, to holders of record on November 5, 2026; full-year 2026 net income guidance is $650 million to $675 million.

The filing

CompanyHess Midstream LP (HESM)
Form8-K, current report
Filed with the SECOct 30, 2026, 7:00 AM ET
Accession number0001193125-26-439859

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.