HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Schedules Earnings Release Conference Call.
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2026) - Toogood Gold Corp. (TSXV: TGC) (OTCQB: TGGCF) (FSE: D3P) ("Toogood" or the "Company") today announced the appointment of Mr. Lee Hess, M.Sc.
Hess Midstream faces risk as its core Bakken acreage remains high-cost and lacks profitability. Both HESM and Chevron confirm Bakken production will remain flat at 200,000 BOED. The rig count is now down to three. The lack of production growth limits HESM's future prospects. Current dividend increases serve as a short-term distraction.
Hess Midstream LP (HESM) remains a Buy, demonstrating strong cash flow, resilient financials, and a sustainable, competitive yield despite macro uncertainty. HESM pivots from heavy CAPEX to capital returns, targeting 5% distribution growth through 2028, with recent buybacks and targeting leverage reduction below 2.5x Adj. EBITDA. Guidance calls for Adj. FCF to reach $850–900 million, growing 10% annually, supporting an 8.4% yield and 76% payout ratio by 2026.
Hess Midstream remains a "Strong Buy," offering an 8% yield and 5%+ distribution growth, with fair value seen near $45. HESM's revenue is protected by long-term, inflation-linked fee contracts and minimum volume commitments, mitigating commodity price risk through at least 2028. Lower capex and disciplined capital allocation are driving higher free cash flow, supporting both buybacks and leverage reduction toward 2.75x.
New York, NY, April 01, 2026 (GLOBE NEWSWIRE) -- Mount Sinai Health System announced today that John B. Hess, a longstanding trustee and philanthropic leader, was elected Chairman of the Mount Sinai Health System Boards of Trustees yesterday. A trustee since 1988, Mr. Hess currently serves as Chairman of the Research Committee of the Boards of Trustees and as a member of the Executive and Strategic Planning committees. Over decades of leadership and service, he has helped guide Mount Sinai's growth to become a top integrated academic health system and a global leader in biomedical discovery.
Denver, CO, March 27, 2026 (GLOBE NEWSWIRE) -- Beacon Hill announced the appointment of Amy Hess as Director of Beacon Hill Associates in Denver, Colorado, expanding the firm's administrative and office support staffing presence in the region.
Hess Midstream ( NYSE:HESM ) just wrapped up a multiyear infrastructure buildout, and CEO Jonathan Stein is telling investors the hard work is done.
Hess Midstream LP ( NYSE:HESM ), the fee-based, growth-oriented midstream energy company, announced a $60 million equity repurchase on March 3, 2026, the latest move in a capital return program that has returned hundreds of millions to shareholders annually.
NEW YORK and WILMINGTON, Del., Feb. 26, 2026 (GLOBE NEWSWIRE) -- The law firms of Acocelli Law, PLLC, and Long Law, LLC (collectively, the “Firms”), announce an agreement to resolve their application for an award of attorneys' fees and reimbursement of expenses (the “Fee and Expense Application”) in a lawsuit pending in the Delaware Court of Chancery (the “Court”) captioned Assad v. Hess Corporation, et al., Case No. 2024-0468-NAC (Del. Ch.) (the “Action”). The Firms, who represent the plaintiff in the Action, sought an award of attorneys' fees and expenses for claimed corporate benefits to stockholders of defendant Hess Corporation (“Hess”) conferred as a result of the litigation of the Action. Defendants in the Action opposed the Fee and Expense Application.
