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Hess Midstream Partners LP Priced, NYSE: HESM

MLP formed by Hess and GIP to own gathering/processing assets in the Bakken.

Industry: Energy

First Day Return: +11.3%

We are a fee-based, growth-oriented, traditional master limited partnership initially formed by Hess to own, operate, develop and acquire a diverse set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. Our initial assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota, one of the most prolific producing basins in North America.
IPO Data
IPO Date 04/04/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $340
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Houston, TX, United States
Founded 2014
Employees at IPO 186
Website www.hess.com

Hess Midstream Partners LP (HESM) Performance

Created with Highcharts 10.3.2Chart context menuHESM vs. IPO Index (IPOUSA)Jul '17Jan '18Jul '18Jan '19Jul '19Jan '20Jul '20Jan '21Jul '21Jan '22Jul '22Jan '23Jul '23Jan '24Jul '24Jan '250%+ 100%+ 200%-100%+ 300%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index