HESM beat EPS expectations by 6.59%
Oct 30, 2024, 4:33 PM
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What does HESM do
Hess Midstream LP, headquartered in Houston, Texas, focuses on midstream asset ownership and services for crude oil and natural gas producers, with operations primarily in North Dakota's Bakken and Three Forks Shale. The company, employing 211 staff, has three segments: gathering, processing and storage, and terminaling and export.
Hess Midstream LP (HESM) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Hess Midstream LP's actual EPS was $0.63, beating the estimate of $0.67 per share, resulting in a 6.59% surprise.
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