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Hess Midstream LP Reports Estimated Results for the First Quarter of 2025

1. Hess Midstream's Q1 2025 net income shows slight decline from Q1 2024. 2. Earnings per Class A share increased from $0.60 to $0.65 year-over-year.

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FAQ

Why Bullish?

Despite a small decline in net income, increased earnings per share indicate strong performance. Historical examples show that consistent earnings growth typically boosts stock prices.

How important is it?

The increase in earnings per share can attract investor interest, impacting stock price positively. Earnings reports often serve as key indicators of company health.

Why Short Term?

Immediate investor reaction likely due to quarterly earnings report; however, longer-term implications depend on operational consistency and market conditions.

Related Companies

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “company”) today reported first quarter 2025 net income of $161.4 million compared with net income of $161.9 million for the first quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $71.6 million, or $0.65 basic earnings per Class A share, compared with $0.60 basic earnings per Class A share in the first quarter of 2024. Hess Midstream generated Adjusted EB.

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