Market News for Hess Corp (HES)
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....
Seeking Alpha - 4/2/2026 2:04:17 AM
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