Hess Midstream Partners LP Completes Acquisition of Hess Infrastructure Partners LP, IDR Simplification and Conversion to An Up-C Corporate Structure
Hess Midstream LP Class A Representing Limited Partner Interests (HESM)
Last hess midstream lp class a representing limited partner interests earnings: 1/29 08:00 am
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=253966&p=irol-irhome
Company Research
Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Hess Midstream Partners LP (NYSE: HESM) (the “Company” or “HESM”) today announced that the Company has completed its previously announced acquisition of Hess Infrastructure Partners LP (“HIP”), IDR simplification and conversion from a master limited partnership into an “Up-C” structure by merging with Hess Midstream LP (“Hess Midstream”), an entity taxed as a corporation for U.S. federal income tax purposes. At the effective time of the transaction, each HESM common unit held by Hess Midstream Partners LP public unitholders converted on a one-for-one basis into a newly issued Class A share representing a limited partner interest in Hess Midstream. Based on the number of HESM common units held by Hess Midstream Partners LP public unitholders, Hess Midstream issued approximately 17 million Class A shares to HESM public unitholders. As part of the transaction, Hess Midstream Partners LP changed its name to “Hess Midstream Operations LP” and will continue as
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HESM
News
- Shareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High Quality [Yahoo! Finance]Yahoo! Finance
- Hess Midstream (NYSE:HESM) Is Increasing Its Dividend To $0.6846 [Yahoo! Finance]Yahoo! Finance
- Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024Business Wire
- Hess Midstream LP Announces Distribution Per Share Level IncreaseBusiness Wire
- How Morgan Stanley, Hess Midstream And Clorox Can Put Cash In Your Pocket [Yahoo! Finance]Yahoo! Finance
HESM
Earnings
- 10/30/24 - Beat
HESM
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form 144
- 11/8/24 - Form SC
- HESM's page on the SEC website