Hess Midstream LP Enters Material Definitive Agreement
Ticker: HESM · Form: 8-K · Filed: Sep 20, 2024 · CIK: 1789832
Sentiment: neutral
Topics: material-agreement
TL;DR
Hess Midstream LP signed a big deal, details TBD.
AI Summary
Hess Midstream LP announced on September 18, 2024, that it entered into a material definitive agreement. The filing does not disclose the specific details of this agreement, the counterparty, or any associated financial figures. Further information regarding this material event is expected to be provided in subsequent filings or disclosures.
Why It Matters
This filing indicates a significant new contract or partnership for Hess Midstream LP, which could impact its future revenue streams and operational scope.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its terms and potential impact.
Key Players & Entities
- Hess Midstream LP (company) — Registrant
- September 18, 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 material definitive agreement.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the counterparty.
What is the effective date of this material definitive agreement?
The earliest event reported is September 18, 2024, which is the date of the report.
Are there any financial terms or obligations associated with this agreement disclosed in the filing?
No, the filing does not provide any specific financial figures or obligations related to the agreement.
Will Hess Midstream LP provide more details about this agreement soon?
The filing implies that further information may be provided, as it is a 'material definitive agreement', but does not give a specific timeline.
Filing Stats: 1,153 words · 5 min read · ~4 pages · Grade level 13.5 · Accepted 2024-09-20 16:05:53
Key Financial Figures
- $35.12 — ny (the "Class A Shares") at a price of $35.12 per Class A Share (the "Secondary Offer
- $444,268,000 — proceeds from the Secondary Offering of $444,268,000. The Company did not receive any procee
Filing Documents
- d844961d8k.htm (8-K) — 33KB
- d844961dex11.htm (EX-1.1) — 205KB
- d844961dex51.htm (EX-5.1) — 13KB
- d844961dex991.htm (EX-99.1) — 9KB
- d844961dex992.htm (EX-99.2) — 9KB
- g844961g0207102228029.jpg (GRAPHIC) — 2KB
- g844961g0207102228381.jpg (GRAPHIC) — 2KB
- g844961g0920083514921.jpg (GRAPHIC) — 4KB
- 0001193125-24-222884.txt ( ) — 460KB
- hesm-20240918.xsd (EX-101.SCH) — 2KB
- hesm-20240918_lab.xml (EX-101.LAB) — 17KB
- hesm-20240918_pre.xml (EX-101.PRE) — 11KB
- d844961d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits 1.1* Underwriting Agreement, dated September 18, 2024, by and among Hess Midstream LP, Hess Midstream GP LP, Hess Midstream GP LLC, an affiliate of Global Infrastructure Partners and Citigroup Global Markets Inc. 5.1 Opinion of Latham and Watkins LLP 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1) 99.1 Press Release issued by the Company on September 18, 2024 (announcing the launch of the Secondary Offering) 99.2 Press Release issued by the Company on September 18, 2024 (announcing the pricing of the Secondary Offering) 104 Cover Page Interactive Data File (embedded within the inline XBRL document) * Certain confidential portions of this Exhibit were omitted by means of marking such portions with brackets ("[***]") because the identified confidential portions (i) are not material and (ii) is the type of information that the registrant treats as private or confidential.
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: September 20, 2024 By: /s/ Jonathan C. Stein Name: Jonathan C. Stein Title: Chief Financial Officer