Hess Midstream Partners LP (HESM) Misses Q2 EPS by 8c

Hess Midstream Partners LP (NYSE: HESM) reported Q2 EPS of $0.51, $0.08 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $316.3 million versus the consensus estimate of $308.94 million.

• Net income was $165.1 million. Net cash provided by operating activities was $223.5 million.
• Net income attributable to Hess Midstream LP was $16.9 million, or $0.51 per Class A share, after deduction for noncontrolling interests.
• Adjusted EBITDA1 was $246.6 million, Distributable Cash Flow1 was $215.0 million and Adjusted Free Cash Flow1 was $162.8 million.

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

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