HES Stock Recent News

Hess Midstream continues to deliver strong financial results, with robust volume growth, high margins, and a reliable, inflation-linked contract structure. The recent Chevron acquisition of Hess increases the likelihood of a future buyout of HESM, potentially at a premium, but the timing remains uncertain. HESM offers a compelling 7.1% yield, with credible 5%+ annual dividend growth, underpinned by predictable cash flows and disciplined capital management.

Chevron's acquisition of Hess strengthens its long-term investment case, adding significant cash flow and growth opportunities, especially from Guyana and the Permian Basin. The all-stock Hess deal, while dilutive, is expected to be accretive with $1 billion in synergies and immediate cash flow benefits. Chevron maintains robust financial health with strong free cash flow, a sustainable dividend, aggressive buybacks, and a low net debt ratio.

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public.

Key Points in This Article: Exxon Mobil's (XOM) Q2 earnings beat expectations despite a profit decline due to lower oil prices, highlighting its resilience through record production.

CNBC's Becky Quick reports on the company's quarterly earnings results.

Chevron second-quarter earnings took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major's net income declined 43% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year.

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HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2025 net income of $179.7 million compared with net income of $160.3 million for the second quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $90.3 million, or $0.74 basic earnings per Class A share, compared with $0.59 basic earnings per Class A share in the second quarter of 2024. Hess Midstream generated Adjusted.

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced that John B. Hess has been appointed to Chevron's Board of Directors. Hess, 71, served as CEO of Hess Corporation from 1995 to 2025 and as Chairman from 1995 to 2013. He led the company through its strategic transformation from an integrated oil company into a focused global independent exploration and production company. "We are excited to welcome John Hess to Chevron's Board," said Mike Wirth, Chevron's Chairman and CEO. "Joh.

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.