HOUSTON--(BUSINESS WIRE)--May 15, 2017--
Hess Midstream Partners LP (NYSE: HESM) (“Hess Midstream”) today filed
with the Securities and Exchange Commission (“SEC”) its Form 10-Q for
the quarter ended March 31, 2017. The 10-Q reflects the results of the
predecessor of Hess Midstream Partners LP, (the “Predecessor”), for the
first quarter of 2017. Hess Midstream closed its initial public offering
of common units on April 10, 2017.
The financial statements of the Predecessor have been prepared in
accordance with accounting principles generally accepted in the United
States (“GAAP”) on the basis of the Predecessor’s historical ownership
of the assets.
Hess Midstream reaffirms the forecast for the 12 months ending March 31,
2018 included in Hess Midstream’s prospectus dated April 4, 2017 related
to its initial public offering, which includes forecasted results
attributable to the Predecessor’s operations for periods prior to April
10, 2017 and to Hess Midstream’s operations for periods on and after
April 10, 2017 on a consolidated basis.
A presentation has been posted to the Investors section of our website
at www.hessmidstream.com.
About Hess Midstream
Hess Midstream Partners LP is a fee-based, growth-oriented, traditional
master limited partnership that owns, operates, develops and acquires a
diverse set of midstream assets to provide services to Hess Corporation
and third-party customers. The partnership’s initial assets are
primarily located in the Bakken and Three Forks Shale plays in the
Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.
Forward Looking Statements
This press release may include forward-looking statements within the
meaning of the federal securities laws. Generally, the words
“anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,”
“may,” “should,” “believe,” “intend,” “project,” “plan,” “predict,”
“will” and similar expressions identify forward-looking statements,
which generally are not historical in nature. Forward-looking statements
are subject to certain risks and uncertainties that could cause actual
results to differ materially from historical results and current
projections or expectations. When considering these forward-looking
statements, you should keep in mind the risk factors and other
cautionary statements in Hess Midstream’s prospectus dated April 4, 2017
and other SEC filings. Hess Midstream undertakes no obligation and does
not intend to update these forward-looking statements to reflect events
or circumstances occurring after this press release. You are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date of this press release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170515006747/en/
Source: Hess Midstream Partners LP
Investor:
Hess Midstream Partners LP
Jennifer
Gordon, 212-536-8244
or
Media:
Sard
Verbinnen & Co
Patrick Scanlon, 212-687-8080
