Hess Midstream Q2 FY26 net income falls 3.34% to $173.7 million

• Hess Midstream posted Q2 2026 net income of USD 173.7 million, down 3.34% from a year earlier; EPS was USD 0.75.
• Revenue fell 3.67% to USD 399 million, reflecting lower throughput volumes, partly offset by higher tariff rates and third-party services.
• Adjusted EBITDA (non-GAAP) edged down to USD 313.7 million; net cash from operating activities rose to USD 278.6 million.
• Capital spending dropped 56% to USD 30.6 million; management cited a safe, efficient maintenance program and focus on free cash flow.
• Quarterly distribution increased to USD 0.7888 per Class A share; full-year 2026 guidance was reaffirmed, including net income of USD 650-700 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hess Midstream LP published the original content used to generate this news brief via Business Wire (Ref. ID: 20260803984188) on August 03, 2026, and is solely responsible for the information contained therein.