Hess Midstream announces $60 million share repurchase program

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/21/2026

1. SPCX
2. NVDA
3. NFLX
4. ISRG
5. TSLA
6. META
7. SMCI
8. RTX
9. COF
10. GOOGL

Go back to Hess Midstream announces $60 million share repurchase program

Hess Midstream LP Announces Signing of Accretive $60 Million Repurchase From Sponsor and the Public

March 3, 2026 8:00 AM EST

HOUSTON--(BUSINESS WIRE)-- Hess Midstream LP (NYSE: HESM) (Hess Midstream), today announced an accretive $60 million repurchase that included both Class B units of its subsidiary, Hess Midstream Operations LP, from an affiliate of Chevron, Hess Midstreams sponsor (the Sponsor), and Hess Midstreams Class A shares from the public.

Hess Midstream announced the execution of a definitive agreement providing for the repurchase of approximately $18 million of Class B units by its subsidiary, Hess Midstream Operations LP, from the Sponsor. The terms of the proposed unit repurchase transaction were unanimously approved by the Board of... More