Hess Midstream LP Announces Distribution Per Share Level Increase
Business Wire•26/10/2026•16:15 ET
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Key Highlights
- ➤$0.7985 quarterly distribution, up $0.0097 from Q2 2026
- ➤5% annual distribution-per-share growth targeted through 2026
- ➤2027 distributions expected to match Q4 2026 level
- ➤October 30, 2026 earnings release scheduled; no conference call planned
Expert Statements
Jonathan Stein, Chief Executive Officer of Hess Midstream
“This distribution increase highlights our continued execution of return of capital to our shareholders.”
Jonathan Stein, Chief Executive Officer of Hess Midstream
“On an annualized basis, the third quarter increase is in line with Hess Midstream’s targeted 5% growth in annual distributions per Class A share through 2026.”
Jonathan Stein, Chief Executive Officer of Hess Midstream
“We continue to target annual distribution per Class A share growth of 5% per share on an annualized basis in the fourth quarter of 2026.”
Jonathan Stein, Chief Executive Officer of Hess Midstream
“Looking forward, we expect to maintain quarterly distributions in 2027 consistent with the expected fourth quarter 2026 distribution amount and intend to maintain at least that distribution level going forward fully funded by Adjusted Free Cash Flow((1)).”
Hess Midstream LP Announces Distribution Per Share Level Increase
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.7985 per Class A share for the quarter ended September 30, 2026, an increase of $0.0097 per Class A share compared with the second quarter of 2026.
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