Every 10-Q that Hess Midstream LP (HESM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow HESM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HESM filings page.
Hess Midstream LP reported solid fee‑based results for the quarter ended June 30, 2026. Total revenues were $399.0 million, down modestly from $414.2 million a year earlier, as lower Bakken throughput volumes were partly offset by higher tariff rates and more third‑party services. Consolidated net income was $173.7 million, with $96.4 million attributable to Hess Midstream LP, or $0.75 basic earnings per Class A share. Adjusted EBITDA was $313.7 million, slightly lower than the prior‑year quarter.
Volumes declined year over year, including 15% lower crude oil terminaling, 12% lower water gathering and 4% lower gas processing, mainly from reduced new‑well activity and planned maintenance. Despite this, operating costs fell, supporting strong cash generation: net cash provided by operating activities was $531.9 million for the first half of 2026. Debt stood at $3,680.0 million, and Chevron remained the dominant customer, contributing about 95% of revenues. The board declared a rising quarterly cash distribution of $0.7888 per Class A Share, payable August 14, 2026.
Hess Midstream LP reported steady first-quarter 2026 results, with total revenues of $390.1 million versus $382.0 million a year earlier, driven by higher tariff rates and third-party services, partly offset by lower Chevron throughput.
Net income was $157.7 million, with $87.6 million attributable to Hess Midstream LP, or $0.68 per basic and diluted Class A share, up from $0.65. Adjusted EBITDA rose to $299.8 million from $292.3 million, and operating cash flow increased to $253.3 million.
The partnership continued capital discipline, limiting capital expenditures to $10.4 million while maintaining a sizable debt load of $3,772.0 million. It repurchased 1,065,724 Class A shares via a $42.0 million accelerated share repurchase and raised its quarterly cash distribution to $0.7792 per Class A share.
Hess Midstream LP reported third‑quarter 2025 results showing higher activity and steady cash returns. Revenue was $420.9 million, up from the prior year, with net income of $175.5 million. Net income attributable to Hess Midstream LP was $97.7 million, or $0.75 per Class A share. Net cash provided by operating activities was $258.9 million.
The board declared a quarterly cash distribution of $0.7548 per Class A share, payable November 14, 2025, to holders of record November 6, 2025. Operationally, throughput rose, including 10% higher gas processing, 7% higher oil terminaling, and 7% higher water gathering versus the prior‑year quarter.
During the quarter, the Partnership issued $800.0 million of 5.875% senior notes due 2028 and redeemed its 2026 notes. On July 24, 2025, S&P assigned an investment grade rating of BBB- with a stable outlook, easing certain note and credit facility covenants.