$100 Million Repurchase and Upgraded Guidance Boost Hess Midstream (HESM) Confidence

Hess Midstream LP (NYSE:HESM) is one of the 11 Best Energy Dividend Stocks to Invest in.

The company has announced $100 million repurchase agreement following a strong quarter and an updated full-year 2025 guidance.

Headquartered in Texas, the fee-based, growth-oriented midstream company, Hess Midstream LP (NYSE:HESM) owns, operates, and develops a diverse set of midstream assets, providing services to Hess Corporation and other third-party customers. Its assets, including gathering, processing, storage, and terminaling facilities, are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota.

On August 5, 2025, Hess Midstream LP (NYSE:HESM) announced an accretive $100 million repurchase. The repurchase includes $30 million Class B units of its subsidiary, Hess Midstream Operations LP, from its sponsor, Chevron Corporation, and $50 million Hess Midstream’s Class A shares from the public. Jonathan Stein, Chief Executive Officer of Hess Midstream, has made the following statement in relation to the repurchase:

“…We expect to continue to have more than $1.25 billion of financial flexibility through 2027 for incremental shareholder returns, including the potential for further unit and share repurchases over this period.”

Additionally, following a strong Q2 earnings, the company updated the full-year 2025 net income guidance to $685 – $735 million, signaling confidence in its future growth. Hess Midstream LP (NYSE:HESM)’s dividend yield currently stands at 6.89%.

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Disclosure: None. This article is originally published at Insider Monkey.