Hess Midstream Operations LP, founded in 2014 and headquartered in Houston, Texas, is a significant player in the midstream sector, focused on the transportation, processing, and storage of natural gas and natural gas liquids. The company provides a suite of essential services, including gathering, processing, and terminaling, catering primarily to Hess Corporation’s upstream operations in the Bakken formation.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HESM 4.25% 2030-02-15 USDHess Midstream Operations LP | United States | 2030-02-15 | 4.250 | 4.95 |
| HESM 4.25% 2030-02-15 USDHess Midstream Operations LP | United States | 2030-02-15 | 4.250 | 4.94 |
| HESM 5.13% 2028-06-15 USDHess Midstream Operations LP | United States | 2028-06-15 | 5.125 | 5.19 |
| HESM 5.13% 2028-06-15 USDHess Midstream Operations LP | United States | 2028-06-15 | 5.125 | 5.16 |
| HESM 5.50% 2030-10-15 USDHess Midstream Operations LP | United States | 2030-10-15 | 5.500 | 5.32 |
| HESM 5.50% 2030-10-15 USDHess Midstream Operations LP | United States | 2030-10-15 | 5.500 | 5.35 |
| HESM 5.63% 2026-02-15 USDHess Midstream Operations LP | United States | 2026-02-15 | 5.625 | 5.43 |
| HESM 6.50% 2029-06-01 USDHess Midstream Operations LP | United States | 2029-06-01 | 6.500 | 5.45 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Hess Midstream began issuing bonds shortly after its formation, with a notable issuance in 2018 that helped fund its capital expenditure program. The company’s bonds typically feature attractive yields, remaining competitive within the oil and gas midstream industry, with current yields often aligning with market trends. Recently, Hess Midstream's 2025 bonds were rated investment grade, reflecting the company’s robust financial position and growth strategy, underscored by steady cash flows from its long-term contracts.