Hess Midstream LP provided Unaudited financial guidance for the fourth quarter and full year ending December 31, 2023. For the fourth quarter, the company expected net income to be approximately $160 million.
For the year, the company expected net income of approximately $615 million. Gas gathering - ~380 MMcf of natural gas per day, Crude oil gathering -~100 MBbl of crude oil per day, Gas processing - ~365 MMcf of natural gas per day, Crude terminals - ~115 MBbl of crude oil per day and Water gathering - ~90 MBbl of water per day .
The company reiterates it's guidance of at least 10% per year expected growth in net income in each of 2024 and 2025and approximately 10% annualized growth in throughput volumes across gas, oil and water systems from 2023 levels as implied in already-established MVCs for 2025.