
Hess Midstream Partners LP
HESM · NYSE · Energy / Oil & Gas Midstream
Price History
Full chartMarket Stats
About
Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson's Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.
Company Details
- SectorEnergy
- IndustryOil & Gas Midstream
- CEOMr. Jonathan C. Stein
- Employees0
- Headquarters1400 Smith Street, Houston, TX, United States, 77002, USA
- Websitehttps://www.hessmidstream.com
Leadership
- Mr. Jonathan C. SteinChief Executive Officer of Hess Midstream GP LLC · b. 1969
- Mr. Michael S. BastPresident & Chief Operating Officer of Hess Midstream GP LLC · b. 1977
- Mr. Michael James ChadwickChief Financial Officer of Hess Midstream GP LLC · b. 1973
- Ms. Gabriela Betsabe Boersner NogueraGeneral Counsel & Secretary of Hess Midstream GP LLC · b. 1976
- Jennifer GordonVice President of Investor Relations of Hess Midstream GP LLC
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Buy1
- Hold3
- Sell1
- Strong Sell2
Ownership Breakdown
- Institutions
- 91.24%
- Insiders
- 0.86%
- Retail / Other
- 7.90%
Top Institutional Holders
- ALPS Advisors Inc29.25M22.79%
- The Goldman Sachs Group Inc8.39M6.54%
- Amvescap Plc.7.54M5.87%
- MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.7.06M5.50%
- Blackstone Inc5.79M4.51%
- Bank of New York Mellon Corp4.72M3.68%
- Tortoise Midstream Energy Fund, Inc.4.24M3.30%
- Neuberger Berman Group LLC2.67M2.08%
- TD Asset Management Inc1.98M1.55%
- UBS Group AG1.97M1.54%
- TD Global Investment Solutions – TD Epoch1.95M1.52%
- JPMorgan Chase & Co1.91M1.49%
- Two Sigma Investments LLC1.67M1.30%
- Adage Capital Partners Gp LLC1.61M1.25%
Top Fund Holders
- Global X MLP ETF5.65M4.40%
- BNY Mellon Global Infras Inc ETF4.01M3.13%
- Goldman Sachs MLP Energy Infras Instl3.56M2.77%
- Invesco SteelPath MLP Income Y3.30M2.57%
- Invesco SteelPath MLP Select 40 Y1.79M1.40%
- Invesco SteelPath MLP Alpha Y1.60M1.25%