HHH

Hess Midstream Operations LP 6.5% 01-JUN-2029

100.886% of parD
+0.059+0.06%
Last update at May 24, 2024, 22:34 GMT
% of par
No tradesPost-market
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Overview
Analysis

HES5809240 analysis



Key facts


Issuer
Hess Midstream Operations LP
Issue date
May 16, 2024
Maturity date
Jun 1, 2029
Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.50% (Fixed)
Yield to maturity
6.26%
Hess Midstream Partners is a fee-based, growth-oriented traditional master limited partnership that owns high-quality infrastructure strategically located in the core of the Bakken. HESM was formed to own, operate, develop and acquire a diverse set of midstream assets to provide services to Hess and third-party customers. Their 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 crude oil producing basins in North America. HESM conducts its business through three operating segments: gathering; processing and storage, and terminaling and export.
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