Hess Midstream LP Reports Estimated Results for the Second Quarter of 2023
Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported second quarter 2023 net income of $147.9 million compared with net income of $151.8 million for the second quarter of 2022.
- Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported second quarter 2023 net income of $147.9 million compared with net income of $151.8 million for the second quarter of 2022.
- Distributable Cash Flow (“DCF”) for the second quarter of 2023 was $202.6 million and Adjusted Free Cash Flow was $154.3 million.
- We refer to certain results as “attributable to Hess Midstream LP,” which exclude the noncontrolling interests in Hess Midstream Operations LP owned by the Sponsors.
- Total operating costs and expenses in the second quarter of 2023 were $125.9 million, up from $118.1 million in the prior-year quarter.