Hess Midstream LP (HESM) on Q3 2021 Results - Earnings Call Transcript

Oct. 27, 2021 4:29 PM ETHess Midstream LP (HESM) StockHESM
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Q3: 2021-10-27 Earnings Summary

EPS of $0.38 misses by $0.39
 | Revenue of $303.90M (14.77% Y/Y) beats by $12.82M

Hess Midstream LP (NYSE:HESM) Q3 2021 Earnings Conference Call October 27, 2021 ET

Company Participants

Jennifer Gordon - VP, IR
John Gatling - President and COO
Jonathan Stein - CFO

Conference Call Participants

Brian Reynolds - UBS
Jeremy Tonet - JPMorgan
Doug Irwin - Credit Suisse
Robert Kad - Morgan Stanley
Michael Lipsitz - Goldman Sachs

Operator

Good day, ladies and gentlemen, and welcome to the Third Quarter 2021 Hess Midstream Conference Call. My name is Michelle, and I will be your operator for today. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes.

I would now like to turn the conference over to Jennifer Gordon, Vice President of Investor Relations. Please proceed.

Jennifer Gordon

Thank you, Michelle. Good afternoon, everyone, and thank you for participating in our third quarter earnings conference call. Our earnings release was issued this morning and appears on our website www.hessmidstream.com.

Today's conference call contains projections and other forward-looking statements, within the meaning of the federal securities laws. These statements are subject to known and unknown risks and uncertainties that may cause actual results to differ from those expressed or implied in such statements. These risks include those set forth in the Risk Factors section of Hess Midstream's filings with the SEC.

Also, on today's conference call, we may discuss certain non-GAAP financial measures. A reconciliation of the differences between these non-GAAP financial measures, and the most directly comparable GAAP financial measures can be found in the earnings release.

With me today are John Gatling, President and Chief Operating Officer; and Jonathan Stein, Chief Financial Officer. In case, there are audio issues, we will be posting transcripts of each speaker's prepared remarks on www.hessmidstream.com following their presentation.

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