Hess Midstream

HESM NYSE
18.88
-0.17
-0.89%
Opening 14:40 08/21 EDT
Open
19.01
Prev Close
19.05
High
19.18
Low
18.63
Volume
73.18K
Avg Vol (3M)
148.55K
52 Week High
24.20
52 Week Low
16.17
% Turnover
0.13%
Market Cap
1.03B
1D
5D
1M
3M
1Y
5Y

Company Profile

Hess Midstream Partners LP is a fee-based, traditional master limited partnership formed to own, operate, develop and acquire a set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. The Company's assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota (collectively referred as the Bakken). It operates its business through three segments: gathering; processing and storage; and terminaling and export. The Company’s gathering business consisted of its 20% controlling economic interest in Gathering Opco, which owns North Dakota natural gas, natural gas liquids and crude oil gathering systems. The Company’s processing and storage business consisted of its 20% controlling economic interest in the Tioga Gas Plant and its 100% interest in the Mentor Storage Terminal. The Company’s terminaling and export business consisted of its 20% controlling economic interest in Logistics Opco.
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