Hess Midstream Partners LP (HESM) Misses Q4 EPS by 1c, Revenues Beat

Hess Midstream Partners LP (NYSE: HESM) reported Q4 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $171.2 million versus the consensus estimate of $170.69 million.

Commenting on the fourth quarter 2018 results, John Gatling, Chief Operating Officer of Hess Midstream said, “The fourth quarter concluded a year of strong growth at Hess Midstream as we added new capacity, advanced strategic infrastructure projects, and successfully executed a large capital program. We delivered double-digit percentage growth in our annual throughputs compared to 2017 as our sponsor and third-party producers increased production. Looking forward, our guidance projects continued strong organic growth while maintaining our financial strength, positioning us well for 2019 and beyond.”

For earnings history and earnings-related data on Hess Midstream Partners LP (HESM) click here.

You May Also Be Interested In

• Primoris cuts 2026 outlook on renewables cost overruns, COO exits
• NVE Corp CEO to retire, successor named for August transition
• A.O. Smith executive chairman to retire, CEO to assume chairman role