Hess Midstream LP Provides Earnings Guidance for the Second Quarter of 2026 and Reaffirms Earnings Guidance and Provides Operating Guidance for the Full Fiscal Year Ending December 31, 2026
Hess Midstream LP provided earnings guidance for the second quarter of 2026 and reaffirmed earnings guidance and provided operating guidance for the full fiscal year ending December 31, 2026. For the quarter, the company expected net income to be approximately $150 million to $160 million.
For the year, the company reaffirmed its net income guidance of $650 million - $700 million. The company expects Gas gathering - MMcf of natural gas per day of 450 - 460, Crude oil gathering - MBbl of crude oil per day of 115 - 125, Gas processing - MMcf of natural gas per day of 435 - 445, Crude terminals - MBbl of crude oil per day of 125 - 135, Water gathering - MBbl of water per day of 125 - 135.
Hess Midstream LP is a midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to the Company and third-party customers. It owns oil, gas and produces water handling assets that are located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Its gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Its processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM4 Joint Venture, and mentor storage terminal. Its terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars, Johnson's Corner Header System, and other DAPL connections.
This super rating is the result of a weighted average of the rankings based on the following ratings: Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite) and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be carried out. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of rankings based on the following ratings: Returns (Composite), Profitability (Composite) and Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully read the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
Hess Midstream LP Provides Earnings Guidance for the Second Quarter of 2026 and Reaffirms Earnings Guidance and Provides Operating Guidance for the Full Fiscal Year Ending December 31, 2026
