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Hess Midstream Partners LP

Company Summary

Description

Hess Midstream Partners is a fee-based, growth-oriented, traditional master limited partnership initially formed by Hess in 2014 to own, operate, develop and acquire a diverse set of midstream assets to provide services to Hess and third-party customers. The Partnership’s initial assets are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Website

http://www.hessmidstream.com/

Operational Regions

  • Bakken
  • Three Forks Formation
  • Williston Basin

Financial Data:

NYSE:HESM from Google Finance

Tickers:

  • HESM - New York Stock Exchange

Related Entities

Recent news

  • 4/5/2023 - Hess Midstream Completes... (subscriber access)
  • 1/26/2023 - Hess Midstream Expects... (subscriber access)
  • 1/26/2023 - Hess Midstream... (subscriber access)
  • 1/26/2023 - Hess Midstream... (subscriber access)
  • 1/26/2023 - Hess Midstream... (subscriber access)

Investor Presentations

Company Transactions

Date: 12/30/2019
Type: Acquisition

DETAILS:

COST: 6.2 $B

NOTES:
Hess Midstream Partners ("HESM") reported the execution of a definitive agreement to acquire Hess Infrastructure Partners ("HIP"), including HIP's outstanding economic general partner interest and incentive distribution rights in HESM.
REGIONS:
  • Bakken
  • Three Forks Formation
  • Date: 2/26/2019
    Type: Acquisition

    NOTES:
    Hess Midstream entered into an agreement to purchase the crude oil and gas gathering assets of Summit Midstream's Tioga Gathering System for $60 million.