Hess Midstream LP Enters Material Definitive Agreement
Ticker: HESM · Form: 8-K · Filed: May 31, 2024 · CIK: 1789832
| Field | Detail |
|---|---|
| Company | Hess Midstream LP (HESM) |
| Form Type | 8-K |
| Filed Date | May 31, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $34.025, $340,250,000, $51,037,500 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, partnership
Related Tickers: HESM
TL;DR
HESM signed a big deal, details TBD.
AI Summary
Hess Midstream LP (HESM) announced on May 29, 2024, that it entered into a material definitive agreement. The filing does not disclose specific details of the agreement, the counterparty, or any associated financial figures. Further information is expected to be provided in subsequent filings or exhibits.
Why It Matters
This filing indicates a significant new contract or partnership for Hess Midstream, which could impact its future revenue streams and operational scope.
Risk Assessment
Risk Level: medium — The lack of specific details in this initial filing creates uncertainty about the nature and impact of the agreement.
Key Players & Entities
- Hess Midstream LP (company) — Registrant
- May 29, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Hess Midstream LP?
The filing does not specify the nature of the agreement, only that a material definitive agreement was entered into on May 29, 2024.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the name of the other party involved in the agreement.
Are there any financial terms or dollar amounts associated with this agreement disclosed in the filing?
No, the filing does not provide any specific financial terms or dollar amounts related to the agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 29, 2024.
What is the primary business of Hess Midstream LP?
Hess Midstream LP is involved in Crude Petroleum & Natural Gas, as indicated by its SIC code 1311.
Filing Stats: 1,204 words · 5 min read · ~4 pages · Grade level 12.9 · Accepted 2024-05-31 16:06:03
Key Financial Figures
- $34.025 — ny (the "Class A Shares") at a price of $34.025 per Class A Share (the "Secondary Offer
- $340,250,000 — proceeds from the Secondary Offering of $340,250,000. The Company did not receive any procee
- $51,037,500 — om the sale of the Additional Shares of $51,037,500. The Company will not receive any proce
Filing Documents
- d831107d8k.htm (8-K) — 32KB
- d831107dex11.htm (EX-1.1) — 205KB
- d831107dex51.htm (EX-5.1) — 13KB
- d831107dex991.htm (EX-99.1) — 9KB
- d831107dex992.htm (EX-99.2) — 10KB
- g831107dsp1.jpg (GRAPHIC) — 6KB
- g831107dsp2.jpg (GRAPHIC) — 4KB
- g831107dsp50.jpg (GRAPHIC) — 11KB
- g831107g0530104814316.jpg (GRAPHIC) — 4KB
- 0001193125-24-151737.txt ( ) — 484KB
- hesm-20240529.xsd (EX-101.SCH) — 3KB
- hesm-20240529_lab.xml (EX-101.LAB) — 17KB
- hesm-20240529_pre.xml (EX-101.PRE) — 11KB
- d831107d8k_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: May 31, 2024 By: /s/ Jonathan C. Stein Name: Jonathan C. Stein Title: Chief Financial Officer