Below are the financial statements of Hess Midstream, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | — | — | — |
| Affiliate services | 1,467.8a | 1,338.1a | 1,273.2a |
| Third-party services | 24.1a | 8a | 0a |
| Other income | 3.6a | 2.5a | 2a |
| Total revenues | 1,495.5a | 1,348.6a | 1,275.2a |
| Costs and expenses | — | — | — |
| Operating and maintenance expenses (exclusive of depreciation shown separately below) | -347.3a | -313a | -279.6a |
| Depreciation expense | -203.1a | -192.5a | -181.3a |
| General and administrative expenses | -26.1a | -26.2a | -23.1a |
| Total operating costs and expenses | -576.5a | -531.7a | -484a |
| Income from operations | 919a | 816.9a | 791.2a |
| Income from equity investments | 14a | 7.7a | 5.3a |
| Interest expense, net | -202.2a | -179a | -149.3a |
| Income before income tax expense | 730.8a | 645.6a | 647.2a |
| Income tax expense | -71.8a | -37.9a | -26.6a |
| Net income | 659a | 607.7a | 620.6a |
| Less: Net income attributable to noncontrolling interest | 435.9a | 489.1a | 536.7a |
| Net income attributable to Hess Midstream LP | 223.1a | 118.6a | 83.9a |
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