HESM - Hess Midstream Partners - Stock & Dividends

Hess Midstream Partners LP is a leading midstream energy company that owns, operates, and develops a diverse range of assets across the United States. The company provides fee-based services to its parent company, Hess Corporation, as well as to third-party customers.

The company's operations are divided into three key segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment is responsible for the collection and transportation of natural gas, crude oil, and produced water through an extensive network of pipelines and facilities. This includes over 1,400 miles of natural gas and natural gas liquids gathering pipelines, with a capacity of approximately 660 million cubic feet per day, as well as crude oil gathering pipelines spanning around 570 miles.

In addition, the company's Gathering segment operates a produced water gathering system, which consists of around 300 miles of pipelines. This system plays a critical role in the efficient and environmentally responsible management of produced water, a byproduct of oil and gas production.

The Processing and Storage segment is comprised of several key assets, including the Tioga Gas Plant, a natural gas processing and fractionation plant located in North Dakota. This plant has the capacity to process up to 250 million cubic feet of natural gas per day, making it a critical hub for the region's energy infrastructure. The company also has a 50% interest in the Little Missouri 4 gas processing plant, located in McKenzie County, North Dakota, and operates the Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility in Minnesota.

The Terminaling and Export segment is responsible for the transportation and storage of crude oil and other energy products. This segment owns the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. The company also operates the Johnson's Corner Header System, a crude oil pipeline header system that connects to several major pipelines, providing customers with access to key markets.

Hess Midstream Partners LP was founded in 2014 and is headquartered in Houston, Texas. With a strong track record of operational excellence and a commitment to safety and environmental responsibility, the company is well-positioned to continue playing a critical role in the US energy landscape.