Executive readout · one minute
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HESM
$37.75
-0.79%
HESM
· Hess Midstream LP
Market Cap
$4.91B
Shares
128.35M
Volume · Oct 2
1.24M
Avg daily vol (3M)
1.21M
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Earnings call · FY2023 Q3
Hess Midstream LP (HESM) Q3 2023 Earnings Call
Forward guidance
9 guided metrics
Management's latest ranges and targets are included below.
Research coverage
2 live sources
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Revenue
$363.10M
+8.5% YoY
Net income
$35.30M
+52.2% YoY
Research materials
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Forward guidance
From the 8-K filed Oct 25, 2023.
| Metric | Period | Guided | Basis |
|---|---|---|---|
|
Net income
Initiated
fourth quarter 2023
|
$160M | — | |
|
Adjusted EBITDA
Initiated
fourth quarter 2023
|
$270M | Non-GAAP | |
|
Maintenance capital expenditures
Initiated
fourth quarter 2023
|
$50M | — | |
|
Distributable cash flow
Initiated
fourth quarter 2023
|
$220M | Non-GAAP | |
|
Net income
Initiated
full year 2023
|
$615M | — | |
|
Adjusted EBITDA
Initiated
full year 2023
|
$1.03B | Non-GAAP | |
|
Net income
2024 and 2025
|
at least 10% | — | |
|
Adjusted EBITDA
2024 and 2025
|
at least 10% | Non-GAAP | |
|
Throughput volumes
2023 to 2025
|
10% | — |
Quarter detail
How the reported period landed and where the business moved.
SEC filing · Item 2.02
8-K earnings release
Filed Oct 25, 2023 · complete as-filed document
SEC periodic report
10-Q report
Filed Nov 2, 2023 · complete as-filed document