Hess Midstream LP Files 8-K on Asset Deal
Ticker: HESM · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1789832
| Field | Detail |
|---|---|
| Company | Hess Midstream LP (HESM) |
| Form Type | 8-K |
| Filed Date | Jun 26, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $100 million, $36 |
| Sentiment | neutral |
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 June 24, 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 as part of this 8-K filing.
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 dispositions/acquisitions can introduce significant financial and operational risks.
Key Players & Entities
- Hess Midstream LP (company) — Registrant
- June 24, 2024 (date) — Date of earliest event reported
- 1501 McKinney Street Houston, Texas 77010 (address) — Principal Executive Offices
- 001-39163 (company_id) — SEC File Number
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.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported was on June 24, 2024.
What is the principal executive office address for Hess Midstream LP?
The principal executive offices are located at 1501 McKinney Street, Houston, Texas 77010.
What is the SEC file number for Hess Midstream LP?
The SEC file number is 001-39163.
What are the main items of information included 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: 1,264 words · 5 min read · ~4 pages · Grade level 12.3 · Accepted 2024-06-26 16:16:30
Key Financial Figures
- $100 million — gregate purchase price of approximately $100 million (the "Repurchase Transaction"). The Rep
- $36 — The purchase price per Class B Unit was $36.71, the closing price of the Class A sh
Filing Documents
- d855192d8k.htm (8-K) — 33KB
- d855192dex101.htm (EX-10.1) — 101KB
- d855192dex991.htm (EX-99.1) — 15KB
- g855192g0626080548803.jpg (GRAPHIC) — 3KB
- 0001193125-24-169065.txt ( ) — 301KB
- hesm-20240624.xsd (EX-101.SCH) — 3KB
- hesm-20240624_lab.xml (EX-101.LAB) — 17KB
- hesm-20240624_pre.xml (EX-101.PRE) — 11KB
- d855192d8k_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: June 26, 2024 By: /s/ Jonathan C. Stein Name: Jonathan C. Stein Title: Chief Financial Officer