Hess Midstream Q3 2026 net income rises year over year to $179.1 million
HESM•Hess Midstream’s third-quarter 2026 net income rose year over year to $179.1 million, while revenue and other income fell to $410.1 million. Full-year net income guidance remained $650 million to $675 million.
1. Quarterly results
Hess Midstream’s third-quarter 2026 net income rose year over year to $179.1 million. Revenues and other income fell to $410.1 million, primarily due to lower throughput volumes, partially offset by higher tariffs.
2. Spending and outlook
Quarterly capital expenditures dropped 73% year over year to $21.5 million, mainly following completion of the gas compression expansion in January 2026. Full-year 2026 net income guidance remained $650 million to $675 million.
3. DJ Basin transaction
The DJ Basin asset transaction is expected to close by year-end 2026, transforming the business into a multi-basin, independent midstream company.
