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Operator: Good day, ladies and gentlemen, and welcome to the Second Quarter 2023 Hess Midstream Conference Call. My name is Gigi, and I'll be your operator for today.
Tortoise Capital Advisors L.L.C. lessened its position in Hess Midstream LP (NYSE:HESM – Get Rating) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,883,675 shares of the company’s stock after selling 63,909 shares during the period. Hess Midstream makes up about 0.8% […]
UBS Group assumed coverage on shares of Hess Midstream (NYSE:HESM – Get Rating) in a research note issued to investors on Wednesday morning, The Fly reports. The firm issued a buy rating and a $37.00 target price on the stock. Separately, Raymond James began coverage on Hess Midstream in a research report on Friday, April […]
Hess Midstream LP (NYSE:HESM – Get Rating) declared a quarterly dividend on Monday, April 24th, Wall Street Journal reports. Stockholders of record on Thursday, May 4th will be paid a dividend of 0.5851 per share on Friday, May 12th. This represents a $2.34 dividend on an annualized basis and a dividend yield of 7.90%. The […]
Hess Midstream (NYSE:HESM – Get Rating) issued an update on its first quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.47 for the period, compared to the consensus estimate of $0.52. The company issued revenue guidance of $305 million, compared to the consensus revenue estimate of $312.49 million. […]