Hess Midstream reports first quarter results

Hess Midstream, a US midstream and upstream gas operator, said on April 27 it had generated $159.6mn of net income in the first quarter of 2022, exactly the same amount it posted in the first three months of last year.

Following deduction for non-controlled interests, the net income attributable was $16.9mn, Hess Midstream said. Revenues amounted to $312.4mn in the first quarter, compared to $288.8mn in the previous year.

Hess operates gas fields in the Williston Basin area around the River Missouri, as well as midstream gas plants, gas facilities, transport terminals and an oil processing facility.