NYSE$HESM
Hess Midstream · Q4 2024 earnings
Q4 2024 earnings · · Before market open · Investor relations
Briefing
Hess Midstream reported estimated results for the fourth quarter of 2024.
Hess Midstream reported a net income of $172.1 million for Q4 2024, compared to $152.8 million in Q4 2023. Adjusted EBITDA was $298.2 million and Adjusted Free Cash Flow was $164.3 million. Throughput volumes for gas gathering and gas processing increased by approximately 15% compared to the prior-year quarter.
- Completed accretive $100 million repurchase of Class B units of Hess Midstream Operations LP in January 2025.
- Increased quarterly cash distribution to $0.7012 per Class A share for the fourth quarter of 2024, an increase of $0.0166 per Class A share for the fourth quarter of 2024 compared with the third quarter of 2024.
- Net income was $172.1 million.
- Adjusted EBITDA was $298.2 million and Adjusted Free Cash Flow was $164.3 million.
Headline financials
Revenue & EPS history
Hess Midstream · Revenue · Quarterly
$396M
Forward guidance
Hess Midstream plans to issue 2025 guidance in a separate release on January 29, 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.8%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+0.2%
Avg return
30 days after
46%
17 / 37 earnings
Positive
+12.1%
Q2 2021
Best reaction
-4.4%
Q4 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.4% | +0.1% | +1.0% | |
| Q4 2025 | -1.4% | +0.7% | +10.2% | |
| Q3 2025 | +1.0% | -0.1% | +0.6% | |
| Q2 2025 | +3.4% | +4.5% | -0.1% | |
| Q1 2025 | -3.5% | -4.2% | -3.9% | |
| Q4 2024 | +2.0% | +1.2% | +2.1% | |
| Q3 2024 | -0.5% | -0.8% | +8.8% | |
| Q2 2024 | -2.0% | -6.3% | -1.0% | |
| Q1 2024 | -2.0% | -4.3% | -0.4% | |
| Q4 2023 | +0.1% | +1.5% | +1.5% | |
| Q3 2023 | -0.8% | -2.7% | +5.4% | |
| Q2 2023 | -2.4% | -2.1% | -9.2% | |
| Q1 2023 | +1.4% | +4.1% | -5.1% | |
| Q4 2022 | -2.1% | -4.1% | -11.7% | |
| Q3 2022 | +4.6% | +5.5% | +7.9% | |
| Q2 2022 | -1.5% | -1.2% | -1.9% | |
| Q1 2022 | +1.6% | -1.8% | +11.0% | |
| Q4 2021 | -1.5% | -0.6% | +4.6% | |
| Q3 2021 | -1.1% | +1.4% | -3.8% | |
| Q2 2021 | +12.1% | +10.1% | +9.5% | |
| Q1 2021 | +2.4% | -2.1% | +11.7% | |
| Q4 2020 | -4.4% | -1.9% | -4.3% | |
| Q3 2020 | -0.5% | -5.1% | +3.7% | |
| Q2 2020 | +4.7% | +8.2% | +5.2% | |
| Q1 2020 | +9.6% | +12.8% | +31.1% | |
| Q4 2019 | +0.4% | -1.8% | -20.2% | |
| Q3 2019 | -0.4% | -0.2% | -4.4% | |
| Q2 2019 | -2.4% | -8.2% | -7.8% | |
| Q1 2019 | -0.7% | -3.7% | -12.1% | |
| Q4 2018 | +4.9% | +5.1% | +9.9% | |
| Q3 2018 | -1.0% | -3.5% | -10.8% | |
| Q2 2018 | +5.4% | +6.4% | +12.2% | |
| Q1 2018 | +6.6% | +4.1% | +5.2% | |
| Q4 2017 | -1.5% | -8.1% | -5.1% | |
| Q3 2017 | -1.4% | -3.9% | -9.8% | |
| Q2 2017 | +0.0% | -3.9% | -8.1% | |
| Q1 2017 | +0.6% | -1.3% | -13.7% | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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