| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 516,600 | 341,100 |
| Depreciation expense | 159,900 | 103,300 |
| Income from equity investments | 12,600 | 7,400 |
| Distributions from equity investments | 15,100 | 9,600 |
| Amortization of deferred financing costs | 11,100 | 8,100 |
| Equity-based compensation expense | 1,400 | 600 |
| Deferred income tax expense | 83,600 | 52,000 |
| Accounts receivable - trade | 1,500 | 2,000 |
| Accounts receivable affiliate | 9,900 | 2,900 |
| Other current and noncurrent assets | 5,900 | -3,700 |
| Accounts payable trade | -15,500 | -23,500 |
| Accounts payable affiliate | -2,800 | -1,200 |
| Accrued liabilities | 7,100 | 8,600 |
| Other current and noncurrent liabilities | -8,400 | -10,700 |
| Net cash provided by operating activities | 738,200 | 479,300 |
| Additions to property, plant and equipment | 188,900 | 108,900 |
| Net cash used in investing activities | -188,900 | -108,900 |
| Net proceeds from (repayments of) borrowings with maturities of 90 days or less | 341,000 | 258,000 |
| Proceeds | 800,000 | 800,000 |
| Repayments | 815,000 | 810,000 |
| Deferred financing costs | 12,500 | 12,500 |
| Transaction costs | 2,700 | 1,600 |
| Share and unit repurchases | 400,000 | 300,000 |
| Distributions to shareholders/unitholders | 252,500 | 155,900 |
| Distributions to noncontrolling interest | 206,400 | 148,200 |
| Net cash used in financing activities | -548,100 | -370,200 |
| Increase in cash and cash equivalents | 1,200 | 200 |
| Cash and cash equivalents at beginning of period | 4,300 | - |
| Cash and cash equivalents at end of period | 5,500 | - |
Hess Midstream LP (HESM)
Hess Midstream LP (HESM)