Hess Midstream LP Files 8-K for Asset Deal
Ticker: HESM · Form: 8-K · Filed: Mar 14, 2024 · CIK: 1789832
Sentiment: neutral
Topics: material-definitive-agreement, acquisition-disposition, regulation-fd
TL;DR
Hess Midstream LP filed an 8-K for a material definitive agreement on asset acquisition/disposition.
AI Summary
Hess Midstream LP announced on March 11, 2024, that it has entered into a material definitive agreement related to the completion of an acquisition or disposition of assets. The company also issued a Regulation FD disclosure and filed financial statements and exhibits.
Why It Matters
This filing indicates a significant transaction involving Hess Midstream LP's assets, which could impact its operational structure and financial performance.
Risk Assessment
Risk Level: medium — Material definitive agreements and asset acquisitions/dispositions often carry inherent risks related to integration, financing, and market reception.
Key Players & Entities
- Hess Midstream LP (company) — Registrant
- March 11, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement was entered into by Hess Midstream LP?
The filing indicates the agreement is related to the completion of an acquisition or disposition of assets.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is March 11, 2024.
What is the principal executive office address for Hess Midstream LP?
The address is 1501 McKinney Street, Houston, Texas 77010.
What is the telephone number for Hess Midstream LP's principal executive offices?
The telephone number is (713) 496-4200.
What are the main items reported in this 8-K filing?
The filing includes information on Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 1,268 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2024-03-14 16:15:33
Key Financial Figures
- $100 million — gregate purchase price of approximately $100 million (the "Repurchase Transaction"). The Rep
- $35 — The purchase price per Class B Unit was $35.50, the closing price of the Class A sh
Filing Documents
- d790264d8k.htm (8-K) — 34KB
- d790264dex101.htm (EX-10.1) — 99KB
- d790264dex991.htm (EX-99.1) — 15KB
- g790264g0314073630193.jpg (GRAPHIC) — 3KB
- 0001193125-24-067915.txt ( ) — 298KB
- hesm-20240311.xsd (EX-101.SCH) — 3KB
- hesm-20240311_lab.xml (EX-101.LAB) — 17KB
- hesm-20240311_pre.xml (EX-101.PRE) — 11KB
- d790264d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HESS MIDSTREAM LP By: Hess Midstream GP LP, its general partner By: Hess Midstream GP LLC, its general partner Date: March 14, 2024 By: /s/ Jonathan C. Stein Name: Jonathan C. Stein Title: Chief Financial Officer