Hess Midstream Partners LP (HESM) Misses Q2 EPS by 8c
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Hess Midstream LP Reports Estimated Results for the Fourth Quarter Of 2021
January 26, 2022 8:00 AM ESTFourth Quarter 2021 Highlights:
Net income was $165.1 million. Net cash provided by operating activities was $223.5 million. Net income attributable to Hess Midstream LP was $16.9 million, or $0.51 per Class A share, after deduction for noncontrolling interests. Adjusted EBITDA1 was $246.6 million, Distributable Cash Flow1 was $215.0 million and Adjusted Free Cash Flow1 was $162.8 million.2022 Guidance Highlights:
2022 net income of $630$660 million, Adjusted EBITDA of $970$1,000 million and Distributable Cash Flow of $840$870 million. 2022 capital expenditures expected to be approximately $235 million, focused... More