Hess Midstream LP Class A Share representing a limited partner Interest
HESMHess Midstream LP Class A Shares (HESM) represent limited partner interests in Hess Midstream, a company focused on the development, acquisition, and operation of midstream energy infrastructure. The firm provides critical services, such as gathering, processing, and transportation of natural gas, crude oil, and produced water from Hess Corporation's upstream assets and other third-party sources. Hess Midstream plays a vital role in supporting energy production and ensuring efficient, reliable transportation and processing of hydrocarbons in key oil and gas producing regions.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 14, 2025 | $0.75 | 2025-11-06 | 2025-11-06 |
| August 14, 2025 | $0.74 | 2025-08-07 | 2025-08-07 |
| May 14, 2025 | $0.71 | 2025-05-08 | 2025-05-08 |
| February 14, 2025 | $0.70 | 2025-02-06 | 2025-02-06 |
| November 14, 2024 | $0.68 | 2024-11-07 | 2024-11-07 |
Dividends Summary
- Consistent Payer: Hess Midstream LP Class A Share representing a limited partner Interest has rewarded shareholders with 23 dividend payments over the past 5 years.
- Total Returned Value: Investors who held HESM shares during this period received a total of $13.11 per share in dividend income.
- Latest Payout: The most recent dividend of $0.75/share was paid 70 days ago, on November 14, 2025.
- Yield & Schedule: HESM currently pays dividends quarterly with an annual yield of 8.33%.
- Dividend Growth: Since 2020, the dividend payout has grown by 77.3%, from $0.43 to $0.75.
- Growth Streak: HESM has raised its dividend for 23 consecutive payments.
Company News
Chevron is set to begin drilling the Korikori-1 exploration well this month in Block 5, located offshore Suriname, with partners Paradise Oil Company and QatarEnergy. The drilling will assess potential hydrocarbon resources in the region.
The article explores five high-yield investments with potential dividend increases before year-end, focusing on midstream MLPs, communication services, and mortgage REITs with yields ranging from 8.5% to 16.6%.
The article highlights three Master Limited Partnerships (MLPs) with high yields above 5% that offer sustainable distributions and strong growth prospects: Hess Midstream Partners, Enterprise Products Partners, and Brookfield Infrastructure Partners.
SBM Offshore has completed the $1.5 billion project financing for the FPSO Jaguar, which will be deployed in the Stabroek block offshore Guyana. The FPSO is designed to produce 250,000 barrels of oil per day and will be operated by ExxonMobil Guyana, a subsidiary of ExxonMobil Corporation.
Equinor ASA has received a drilling permit from the Norwegian Offshore Directorate to drill a wildcat well in the Norwegian Sea. The company has contracted the Deepsea Atlantic rig owned by Odfjell Drilling to carry out the drilling activities.
Related Companies
