Hess Midstream Partners LP today reported third quarter 2018 net income of $96.8 million compared with net income of $76.5 million for the third quarter of 2017. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $18.8 million, or $0.34 per common unit. Hess Midstream generated Adjusted EBITDA of $25.2 million and DCF of $24.9 million for the third quarter of 2018.
Commenting on the third quarter 2018 results, John Gatling, Chief Operating Officer of Hess Midstream said “Hess Midstream reported another strong quarter of consistent growth and operational delivery. Our advantaged infrastructure position continues to capture significant additional volumes from Hess and other third-party producers in the Bakken.”
Full story