Hess Midstream LP Announces Increased Quarterly Distribution
24 January 2023 - 8:15AM
Business Wire
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today
announced that the Board of Directors of its general partner
declared a quarterly cash distribution of $0.5696 per Class A share
for the quarter ended December 31, 2022. The distribution
represents a 1.2% increase compared to the distribution on the Hess
Midstream Class A shares for the third quarter of 2022, which
equals a 5% increase on an annualized basis. The distribution will
be payable on February 13, 2023 to shareholders of record as of the
close of business on February 2, 2023.
About Hess Midstream
Hess Midstream LP is a fee-based, growth-oriented midstream
company that owns, operates, develops and acquires a diverse set of
midstream assets to provide services to Hess Corporation and
third-party customers. Hess Midstream owns oil, gas and produced
water handling assets that are primarily located in the Bakken and
Three Forks Shale plays in the Williston Basin area of North
Dakota. More information is available at www.hessmidstream.com.
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