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Key Stock Data
The current last sale of $23.25 is 26.91% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 23.36||$ 24.51|
|Low:||$ 22.88||$ 18.32|
Company Description (as filed with the SEC)
We are a feebased, growthoriented, traditional master limited partnership formed by Hess Corporation (Hess) in 2014 to own, operate, develop and acquire a diverse set of midstream assets and provide feebased services to Hess and thirdparty customers. Our assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota, which we refer to collectively as the Bakken and which is one of the most prolific crude oil producing basins in North America. Hess has stated that it intends to use us as the primary midstream vehicle to support the growth of its Bakken production assets and grow its midstream business. We generate substantially all our revenues by charging fees for gathering, compressing and processing natural gas and fractionating NGLs; gathering, terminaling, loading and transporting crude oil and NGLs; and storing and terminaling propane. ... More ...