17 Dec 2019director interest notice● Neutral
Hess Midstream LP director David W Niemiec received 30,995 shares and a 2,856-share option grant as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 Dec 2019director interest notice● Neutral
Hess Midstream LP director Global Infrastructure Investors Ii, LLC received 267,314,928 shares and a 133,208,464-share option grant as part of the equity award.
17 Dec 2019director interest notice● Neutral
Global Infrastructure Investors Ii, LLC became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Michael R Turner became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Hess Midstream LP President and COO John A. Gatling received 39,061 shares and a 20,560-share option grant as part of the equity award.
17 Dec 2019director interest notice● Neutral
Hess Midstream LP Vice President John P Rielly received 20,000 shares as part of the equity award.
17 Dec 2019director interest notice● Neutral
Timothy B. Goodell became a Hess Midstream LP General Counsel & Secretary and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
David W Niemiec became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Scott E Telesz became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Hess Midstream LP director Michael R Turner received 4,500 shares as part of the equity award.
17 Dec 2019director interest notice● Neutral
John A. Gatling became a Hess Midstream LP President and COO and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Hess Midstream LP director Hess Infrastructure Partners Gp LLC received 267,314,928 shares as part of the equity award.
17 Dec 2019asset acquisition disposition▲ GoodMajor
The reorganization closed: Hess Midstream acquired 100% of Hess Infrastructure Partners from Hess Corporation and Global Infrastructure Partners (their 80% stake in the core pipeline joint ventures, 100% of the produced-water business, and all incentive distribution rights) for about $1.15 billion of assumed debt, roughly 230 million newly issued limited partner units, and about $550 million cash - giving Hess Midstream 100% ownership of its underlying midstream assets for the first time.
17 Dec 2019director interest notice● Neutral
Hess Corp became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019substantial holder notice● Neutral
Hess Midstream GP LP, Hess Midstream GP LLC, Hess Infrastructure Partners GP LLC, Hess Investments North Dakota LLC, Hess Corporation disclosed a new substantial Hess Midstream LP shareholding (88.70% of votes).
17 Dec 2019director interest notice● Neutral
Hess Midstream LP Chairman and CEO John B Hess received 206,550 shares as part of the equity award.
17 Dec 2019director interest notice● Neutral
Hess Midstream LP Chief Financial Officer Jonathan C. Stein received 13,077 shares and a 20,560-share option grant as part of the equity award.
17 Dec 2019substantial holder notice● Neutral
GIP II Blue Holding Partnership, L.P, GIP Blue Holding GP, LLC, Global Infrastructure GP II, L.P, Global Infrastructure Investors II, LLC disclosed a new substantial Hess Midstream LP shareholding (88.70% of votes).
17 Dec 2019director interest notice● Neutral
Hess Midstream LP director Gregory P. Hill received 4,350 shares as part of the equity award.
17 Dec 2019director interest notice● Neutral
J Patrick Reddy became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
John B Hess became a Hess Midstream LP Chairman and CEO and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Gregory P. Hill became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
C. Harris Matthew became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Hess Infrastructure Partners Gp LLC became a Hess Midstream LP director and company insider (initial ownership filing).
17 Dec 2019director interest notice● Neutral
Jonathan C. Stein became a Hess Midstream LP Chief Financial Officer and company insider (initial ownership filing).
17 Dec 2019business combination● Neutral
Hess Midstream LP formally became the new public registrant (ticker HESM, NYSE) succeeding Hess Midstream Partners LP, completing the corporate reshuffle into the simplified Up-C structure.
10 Dec 2019merger communication● Neutral
Hess Midstream closed its $500 million offering of 5.125% senior notes due 2028, the financing that would fund the HIP acquisition.
10 Dec 2019merger communication● Neutral
Same $500 million notes-offering-closing news as the same-day filing, filed as a separate document.
27 Nov 2019merger communication● Neutral
Hess Midstream extended the HIP notes exchange offer deadline again as the reorganization neared completion.
26 Nov 2019merger communication● Neutral
The new notes were priced at 5.125% due 2028, with the offering expected to close December 10, 2019.