$HESM

Hess Midstream LP (HESM) reported Q2 net income of $173.7M, down from $179.7M YoY, but raised its quarterly distribution to $0.7888 per share. Revenue fell 4% to $399M due to lower throughput volumes, while adjusted free cash flow rose 19% to $231.6M. Management reaffirmed 2026 guidance and expects $1B in adjusted free cash flow after distributions through 2028.

Hess Midstream (HESM) closed at $39.14, down 3.4% for the week, with an 8.1% annualized yield. Free cash flow increased 19.5% YoY, while revenue fell 3.7%. The board raised the quarterly payout by $0.0096. Analysts' average target price is $37.50, 4.2% below Friday's close. Chevron (CVX) contributes 95% of HESM's revenue.

Hess Midstream (HESM) raised its dividend and reported Q2 results. Net income declined, but overall financials were stable. The stock's performance is linked to Chevron's issues, according to Oil & Gas Value Research.

On Aug. 13, 2026, Jim Cramer told a caller he likes Hess Midstream (HESM), citing its 7%+ dividend yield and a record of quarterly dividend increases since 2017. Hess Midstream’s latest distribution was $0.7888 per unit, ex-div Aug. 6, 2026, with a stated 5% annual growth target. The article also notes Chevron (CVX) owns Hess Corporation, making Chevron a key customer. HESM closed at $39.78.

On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended buying Carpenter Technology (CRS) after it announced a $1 billion buyback and a 20 cents per share quarterly dividend. He called DXC Technology (DXC) a “value trap” after mixed Q2 results. He also commented on several other stocks including SENS, Ubiquiti (UI), Hess Midstream (HESM), Zeta Global, UL Solutions, and Coupang.

A VettaFi report on 2Q26 midstream dividends says 95.6% of the Alerian Midstream Energy Index (AMNA) constituents by weight increased dividends year over year. Sequential growth was driven mainly by MLPs, with no AMNA constituent cutting its regular dividend since July 2021. Examples include EPD (+1.8% to $0.56/unit) and GEL (+11.1% to $0.20). Yields as of Aug 7: AMZ 6.4%, AMZI 6.7%, AMNA 4.4%.

Hess Midstream LP (HESM) says its midstream business relies on long-term, fee-based contracts that support stable cash flow and shareholder returns. In its Aug. 11, 2026 slides release, it projects 2026 Adjusted EBITDA of $1.2–$1.3B, targets leverage below 3x, and aims for at least 5% annual dividend per share growth through 2028.

Hess Midstream LP (HESM) reported Q2 2026 net income of $173.7 million, down from $179.7 million a year earlier, with adjusted EBITDA of $313.7 million and total revenues of $399.0 million. The company set Q3 2026 guidance for net income of $165 million to $175 million and reaffirmed 2026 guidance, including net income $650 million to $700 million.

Hess Midstream LP (HESM) reported Q2 2026 results: revenue of $399.0 million and net income of $96.4 million. Management guided Q3 2026 net income to $165.0 million to $175.0 million and reaffirmed full-year 2026 net income of $650.0 million to $700.0 million. The article links the outlook to Bakken throughput and long-term contracts with Hess/Chevron.

Hess Midstream LP disclosed via an amended Schedule 13G that Harvest Fund Advisors and Blackstone-affiliated entities may beneficially own 5,786,130 Class A shares, or 4.5% of the class, as of June 30, 2026. The filing cites 128,350,881 Class A shares outstanding as of April 30, 2026 and states the position is an exit below the 5% threshold, without intent to influence control.