Hess Midstream Reports Q1 2026 Earnings with Adjusted Free Cash Flow Increase
Hess Midstream (HESM) reported Q1 2026 earnings with adjusted free cash flow of $237 million, up 14% sequentially. However, net income declined slightly to $158 million from $168 million in the prior quarter, and adjusted EBITDA fell to $300 million due to lower revenues from severe winter weather. The company also announced a 2% increase in distributions for Class A shares.
Tickers: $HESM
Topics: capital expenditures cash flow distribution increase earnings financial results revenue