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