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Hess Midstream Partners LP (HESM) PT Lowered to $34 at UBS

Tue, 13 Oct 2026 09:17:34 -0400

UBS analyst Manav Gupta lowered the price target on Hess Midstream Partners LP (NYSE: HESM) to $34.00 (from $37.00) while maintaining a Neutral rating.

Hess Midstream Partners LP (HESM) PT Lowered to $30 at Morgan Stanley

Tue, 13 Oct 2026 05:17:45 -0400

Morgan Stanley analyst Robert Kad lowered the price target on Hess Midstream Partners LP (NYSE: HESM) to $30.00 (from $39.00) while maintaining a Underweight rating.

The analyst comments "We remain Underweight-rated, with our price target implying 2.9% one-year total return upside (including a 9.9% distribution yield). To become more positive on the stock, we would likely need to see indicators of growth acceleration through higher oil prices that would incent new producer drilling activity in either basin or M&A that is accretive to longer-term growth. In the absence of growth execution, we expect that HESM will likely need to trade at

Hess Midstream Partners LP (HESM) PT Lowered to $30 at Morgan Stanley

Tue, 13 Oct 2026 05:17:45 -0400

Morgan Stanley analyst Robert Kad lowered the price target on Hess Midstream Partners LP (NYSE: HESM) to $30.00 (from $39.00) while maintaining a Underweight rating.

Form SCHEDULE 13D/A Hess Midstream LP Filed by: Hess Investments North Dakota LLC

Thu, 08 Oct 2026 17:30:00 -0400

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Form 8-K Hess Midstream LP For: Oct 06

Thu, 08 Oct 2026 17:07:00 -0400

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Form SCHEDULE 13G/A Hess Midstream LP Filed by: ALPS ADVISORS INC

Wed, 07 Oct 2026 16:45:00 -0400

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Hess Midstream stock drops on Chevron restructuring and lower 2027 outlook

Wed, 07 Oct 2026 10:29:19 -0400

Investing.com -- Hess Midstream Partners LP (NYSE:HESM) shares plummeted 15% in Wednesday trading after the company announced a major corporate restructuring with Chevron Corp (NYSE:CVX) that will establish it as an independent, multi-basin operator while significantly reducing its forward earnings outlook. Under the definitive agreement, Hess Midstream will acquire Chevron’s Denver-Julesburg (DJ) Basin gathering and storage assets and buy out Chevron’s entire equity stake, converting the company into an independent entity with a fully elected board by 2028.

While the transaction eliminates corporate overhead, reduces total share count by nearly 40%, and expands

Hess Midstream stock drops on Chevron restructuring and lower 2027 outlook

Wed, 07 Oct 2026 10:29:19 -0400

While the transaction eliminates corporate overhead, reduces total share count by nearly 40%, and expands

Hess Midstream stock drops on Chevron restructuring and lower 2027 outlook

Wed, 07 Oct 2026 10:29:19 -0400

While the transaction eliminates corporate overhead, reduces total share count by nearly 40%, and expands

Hess Midstream stock drops on Chevron restructuring and lower 2027 outlook

Wed, 07 Oct 2026 10:29:19 -0400

While the transaction eliminates corporate overhead, reduces total share count by nearly 40%, and expands

Hess Midstream to acquire Chevron's DJ Basin assets in deal

Wed, 07 Oct 2026 05:59:19 -0400

Hess Midstream LP (NYSE: HESM) has signed a definitive agreement with Chevron to acquire crude oil and natural gas gathering and storage assets in the Denver-Julesburg Basin, a transaction that would also transfer Chevron's ownership interests in Hess Midstream back to the company.

Under the terms of the deal, Hess Midstream will pay Chevron $200 million in cash. In return, Chevron will contribute its consolidated ownership interests in Hess Midstream, comprising 77,827,485 Class B units and 449,000 Class A shares, all of which will be canceled. The cancellation would reduce Hess Midstream's outstanding shares by nearly 40%. Chevron will also transfer

Hess Midstream to acquire Chevron's DJ Basin assets in deal

Wed, 07 Oct 2026 05:59:19 -0400

Hess Midstream to acquire Chevron's DJ Basin assets in deal

Wed, 07 Oct 2026 05:59:19 -0400

Hess Midstream to acquire Chevron's DJ Basin assets in deal

Wed, 07 Oct 2026 05:59:19 -0400

Chevron to sell Hess Midstream stake in deal cutting Bakken costs

Tue, 06 Oct 2026 17:34:22 -0400

Chevron Corporation (NYSE: CVX) has agreed to divest its ownership interests in Hess Midstream LP (NYSE: HESM) and its DJ Basin crude oil midstream assets to Hess Midstream in exchange for $200 million in cash and restructured long-term midstream contracts, according to a press release.

The revised Bakken contracts are expected to reduce Chevron's unit midstream costs in the region by approximately 50%. Chevron will also transfer its general partner position in Hess Midstream as part of the transaction.

Chevron expects to fully deconsolidate Hess Midstream, removing approximately $3.7 billion of Hess Midstream's debt from its balance sheet. The company projects the

Chevron to sell Hess Midstream stake in deal cutting Bakken costs

Tue, 06 Oct 2026 17:34:22 -0400

Chevron expects to fully deconsolidate Hess Midstream, removing approximately $3.7 billion of Hess Midstream's debt from its balance sheet. The company projects the

Hess Midstream LP Announces Transformative Transaction Leading to New Independent Multi-basin Midstream Company

Tue, 06 Oct 2026 17:20:00 -0400

Highlights:

Hess Midstream LP and Chevron have executed a definitive agreement that will establish Hess Midstream LP as an independent, multi-basin midstream company. The transaction includes the following:
- Hess Midstream LP will acquire Chevron’s crude oil and natural gas gathering and storage assets in the Denver Julesburg (“DJ”) Basin, including a minority interest in a long-haul pipeline, which will diversify Hess Midstream LP’s geographic presence and increase third-party revenues.
- Hess Midstream LP and Chevron will amend their existing Bakken commercial agreements, further aligning long-term interests by reducing tariffs while extending the terms of the agreements through 2045. These changes are expected

Hess Midstream LP Announces Transformative Transaction Leading to New Independent Multi-basin Midstream Company

Tue, 06 Oct 2026 17:20:00 -0400

Highlights:

Hess Midstream LP and Chevron have executed a definitive agreement that will establish Hess Midstream LP as an independent, multi-basin midstream company. The transaction includes the following:

Hess Midstream LP will acquire Chevron’s crude oil and natural gas gathering and storage assets in the Denver Julesburg (“DJ”) Basin, including a minority interest in a long-haul pipeline, which will diversify Hess Midstream LP’s geographic presence and increase third-party revenues.

Hess Midstream LP and Chevron will amend their existing Bakken commercial agreements, further aligning long-term interests by reducing tariffs while extending the terms of the agreements through 2045. These changes are expected

Chevron to Divest its Ownership Interests in Hess Midstream and DJ Basin Crude Midstream Assets

Tue, 06 Oct 2026 17:15:00 -0400

Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms

Expected to improve Chevron’s Bakken cost structure and increase return on capital employed

Supports competitive upstream development activity

HOUSTON--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce

Chevron to Divest its Ownership Interests in Hess Midstream and DJ Basin Crude Midstream Assets

Tue, 06 Oct 2026 17:15:00 -0400

Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms

Expected to improve Chevron’s Bakken cost structure and increase return on capital employed

Supports competitive upstream development activity

HOUSTON--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce

Chevron to Divest its Ownership Interests in Hess Midstream and DJ Basin Crude Midstream Assets

Tue, 06 Oct 2026 17:15:00 -0400

Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms

Expected to improve Chevron’s Bakken cost structure and increase return on capital employed

Supports competitive upstream development activity

HOUSTON--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce

Chevron to Divest its Ownership Interests in Hess Midstream and DJ Basin Crude Midstream Assets

Tue, 06 Oct 2026 17:15:00 -0400

Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms

Expected to improve Chevron’s Bakken cost structure and increase return on capital employed

Supports competitive upstream development activity

HOUSTON--(BUSINESS WIRE)-- Chevron Corporation (NYSE: CVX) announced today that several of its subsidiaries have entered into a series of definitive agreements with Hess Midstream LP (NYSE: HESM) to restructure the terms of its Bakken midstream contracts and establish new DJ Basin midstream contracts. The revised agreements extend the Bakken contracts and are expected to reduce

JPMorgan Downgrades Hess Midstream Partners LP (HESM) to Underweight

Fri, 02 Oct 2026 02:17:30 -0400

JPMorgan analyst Jeremy Tonet downgraded Hess Midstream Partners LP (NYSE: HESM) from Neutral to Underweight with a price target of $39.00.
The analyst comments: “HESM's integrated Bakken footprint and long-term, fee-based contracts historically provided valuable volume floor protection. However, material MVC step-downs, the risk of a lower 2029 MVC reset depending upon Chevron's evolving development plan, and the 2033 commercial agreement expiry introduce a layered set of structural uncertainties/headwinds, collectively underpinning our move from Neutral to Underweight. When considering CVX’s inherited HESM relationship with elevated Bakken logistics rates, we ultimately see a wide range of relationship outcomes possible, ranging from decreasing

JPMorgan Downgrades Hess Midstream Partners LP (HESM) to Underweight

Fri, 02 Oct 2026 02:17:30 -0400

JPMorgan analyst Jeremy Tonet downgraded Hess Midstream Partners LP (NYSE: HESM) from Neutral to Underweight with a price target of $39.00.
The analyst comments: “HESM's integrated Bakken footprint and long-term, fee-based contracts historically provided valuable volume floor protection. However, material MVC step-downs, the risk of a lower 2029 MVC reset depending upon Chevron's evolving development plan, and the 2033 commercial agreement expiry introduce a layered set of structural uncertainties/headwinds, collectively underpinning our move from Neutral to Underweight. When considering CVX’s inherited HESM relationship with elevated Bakken logistics rates, we ultimately see a wide range of relationship outcomes possible, ranging from decreasing

Form SD Hess Midstream LP

Wed, 23 Sep 2026 16:15:00 -0400
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