BRIEF-Hess Midstream Expects 2027 Adjusted EBITDA of $850 Million - $950 Million
Reuters2026/10/06 21:30Oct 6 (Reuters) - Hess Midstream LP HESM.N: HESS MIDSTREAM LP - EXPECTS 2026 ADJUSTED EBITDA OF $1.23 BILLION–$1.25 BILLION HESS MIDSTREAM LP ANNOUNCES TRANSFORMATIVE TRANSACTION LEADING TO NEW INDEPENDENT MULTI-BASIN MIDSTREAM COMPANY HESS MIDSTREAM LP - EXPECTS 2027 ADJUSTED EBITDA OF $850 MILLION-$950 MILLION; GROSS ADJUSTED EBITDA MARGIN OF 75%; ADJUSTED FREE CASH FLOW OF $525 MILLION-$625 MILLION HESS MIDSTREAM LP - EXPECTS 2027 CAPITAL EXPENDITURES OF $125 MILLION HESS MIDSTREAM LP - TARGETS 5% ANNUAL DISTRIBUTION PER CLASS A SHARE GROWTH IN Q3 AND Q4 2026 HESS MIDSTREAM LP - CHEVRON EXPECTED TO MOVE FROM THREE TO TWO DRILLING RIGS IN BAKKEN IN DECEMBER 2026 HESS MIDSTREAM LP: FOLLOWING CLOSE OF DEAL , CO'S MANAGEMENT TEAM WILL BE LED BY COMPANY'S CURRENT CHIEF EXECUTIVE OFFICER, JONATHAN C. STEIN HESS MIDSTREAM LP: INTENDS TO MAINTAIN ITS HEADQUARTERS IN HOUSTON, TEXAS AND OPERATE UNDER A NEW NAME HESS MIDSTREAM LP - CO AND CHEVRON TO AMEND BAKKEN AGREEMENTS; REDUCE TARIFFS AND EXTEND TERMS THROUGH 2045 HESS MIDSTREAM LP - EXPECTS 2027 DISTRIBUTIONS TO BE MAINTAINED AT Q4 2026 LEVELS PER SHARE
Oct 6 (Reuters) - Hess Midstream LP HESM.N:
HESS MIDSTREAM LP - EXPECTS 2026 ADJUSTED EBITDA OF $1.23 BILLION–$1.25 BILLION
HESS MIDSTREAM LP ANNOUNCES TRANSFORMATIVE TRANSACTION LEADING TO NEW INDEPENDENT MULTI-BASIN MIDSTREAM COMPANY
HESS MIDSTREAM LP - EXPECTS 2027 ADJUSTED EBITDA OF $850 MILLION-$950 MILLION; GROSS ADJUSTED EBITDA MARGIN OF 75%; ADJUSTED FREE CASH FLOW OF $525 MILLION-$625 MILLION
HESS MIDSTREAM LP - EXPECTS 2027 CAPITAL EXPENDITURES OF $125 MILLION
HESS MIDSTREAM LP - TARGETS 5% ANNUAL DISTRIBUTION PER CLASS A SHARE GROWTH IN Q3 AND Q4 2026
HESS MIDSTREAM LP - CHEVRON EXPECTED TO MOVE FROM THREE TO TWO DRILLING RIGS IN BAKKEN IN DECEMBER 2026
HESS MIDSTREAM LP: FOLLOWING CLOSE OF DEAL , CO'S MANAGEMENT TEAM WILL BE LED BY COMPANY'S CURRENT CHIEF EXECUTIVE OFFICER, JONATHAN C. STEIN
HESS MIDSTREAM LP: INTENDS TO MAINTAIN ITS HEADQUARTERS IN HOUSTON, TEXAS AND OPERATE UNDER A NEW NAME
HESS MIDSTREAM LP - CO AND CHEVRON TO AMEND BAKKEN AGREEMENTS; REDUCE TARIFFS AND EXTEND TERMS THROUGH 2045
HESS MIDSTREAM LP - EXPECTS 2027 DISTRIBUTIONS TO BE MAINTAINED AT Q4 2026 LEVELS PER SHARE
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