← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Hess Midstream LP: Revenue grew 8.4% to $1.621B from $1.496B. Net income grew 58.2% to $353M from $223M. Free cash flow grew 14.8% to $728M from $634M. Operating margin expanded 73 bps to 62.18%. Hess Midstream LP's principal statistical and annual-change screens add no overriding warning to the reported profit and cash-flow record.
The read at a glance✓ Audited against SEC data
- Growth — Revenue grew 8.4% to $1.621B from $1.496BOK
- Profitability — Net income grew 58.2% to $353M from $223MOK
- Cash flow — Free cash flow grew 14.8% to $728M from $634MOK
- Margins — Operating margin expanded 73 bps to 62.18%OK
- Accounting — No overriding statistical warningNote
- Insiders — 0 purchases and 1 saleWatch
Business
BUSIN ESS AND PROPERTIES Overview We are a fee-based, growth-oriented, limited partnership that owns, operates, develops and acquires a diverse set of midstream assets and provides fee-based services to Chevron, its subsidiaries, and third-party customers.
Where the revenue comes from
Fiscal 2025, as Hess Midstream LP reports it. History and quarterly detail are in the app.
- Gathering$870.6M
- Processing And Storage$620.0M
- Terminaling And Export$130.7M
Leadership changes
From Hess Midstream LP's own filings, the day they're filed.
- Andrew B. Walz · Directors · departureeff. 2025-12-04
- Kristi H. McCarthy · Chairman · departureeff. 2025-12-04
- Michael S. Bast · Director · appointmenteff. 2025-09-26
Latest filings
- 10-Q · Quarterly report2026-08-06
- 8-K · Company announcement2026-08-03
- 10-Q · Quarterly report2026-05-07
- 8-K · Company announcement2026-05-04
- 8-K · Company announcement2026-03-04
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Hess Midstream LP, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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