While the top- and bottom-line numbers for Hess Midstream Partners (HESM) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hess Midstream LP ( HESM ) Q3 2025 Earnings Call November 3, 2025 10:00 AM EST Company Participants Jennifer Gordon - Vice President of Investor Relations Jonathan Stein - Chief Executive Officer Michael Chadwick - Chief Financial Officer Conference Call Participants Jeremy Tonet - JPMorgan Chase & Co, Research Division Douglas Irwin - Citigroup Inc., Research Division Praneeth Satish - Wells Fargo Securities, LLC, Research Division John Mackay - Goldman Sachs Group, Inc., Research Division Presentation Operator Good day, ladies and gentlemen, and welcome to the Third Quarter 2025 Hess Midstream Conference Call. My name is Gigi, and I'll be your operator for today.
Hess Midstream LP (NYSE:HESM ) Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President and COO Jonathan Stein - CFO Conference Call Participants Elias Jossen - JPMorgan Naomi Marfatia - UBS Praneeth Satish - Wells Fargo Doug Irwin - Citi John Mackay - Goldman Sachs Operator Good day, ladies and gentlemen, and welcome to the First Quarter 2025 Hess Midstream Conference Call. My name is Kevin and I'll be your operator for today.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Jonathan C. Stein CEO | NYSE Exchange | 428103105 CUSIP |
| US Country | 176 Employees | 6 Nov 2025 Last Dividend | - Last Split | 5 Apr 2017 IPO Date |
Hess Midstream LP is an integral player in the midstream sector of the United States energy industry. The company was established in 2014 with a headquarters in Houston, Texas. It specializes in owning, developing, operating, and acquiring a broad range of midstream assets. Hess Midstream LP is dedicated to providing fee-based services to its parent company, Hess Corporation, as well as to third-party customers. The company’s operations are segmented into Gathering; Processing and Storage; and Terminaling and Export. Through these segments, Hess Midstream LP delivers a comprehensive suite of services that are essential for the efficient transportation and processing of oil and gas. The company's strategic asset base and focus on fee-based services position it as a critical link in the energy supply chain.
This segment comprises natural gas gathering and compression systems, crude oil gathering systems, and produced water gathering and disposal facilities. The gathering systems include approximately 1,410 miles of high and low-pressure natural gas and natural gas liquids pipelines with a capacity of around 660 million cubic feet per day. The crude oil gathering system consists of roughly 570 miles of pipelines, alongside a produced water gathering system that incorporates about 300 miles of pipelines. These systems are designed to efficiently collect and transport raw production from wells to processing facilities.
In this segment, Hess Midstream LP operates the Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota. The company also holds a 50% interest in the Little Missouri 4 gas processing plant situated south of the Missouri River in McKenzie County, North Dakota. Additionally, it operates the Mentor Storage Terminal, which is a propane storage cavern and offers rail and truck loading and unloading facilities in Mentor, Minnesota. These facilities play a vital role in preparing natural gas and natural gas liquids for market distribution.
This segment focuses on the terminaling and export services provided by Hess Midstream LP, including the operation of the Ramberg terminal facility and the Tioga rail terminal. The company also manages crude oil rail cars and maintains other Dakota Access Pipeline connections. The Johnson's Corner Header System, a crude oil pipeline header system, falls under this segment as well. These assets are crucial for the storage, terminaling, and transfer of hydrocarbon products to end markets.