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Hess Midstream LP Announces Pricing of Increased Secondary Public Offering of Class A Shares

Hess Midstream LP (NYSE: HESM) (“HESM”) today announced the increase and pricing of the previously announced underwritten public offering of an aggregate of 11,000,000 Class A shares representing the limited partner interests in HESM by an affiliate of Global Infrastructure Partners (the “Selling Shareholder”). The offering is an increase from the previously announced offering of 10,000,000 Class A shares. The Selling Shareholder has granted the underwriter a 30-day option to purchase up to an additional 1,650,000 Class A shares.

HESM will not receive any proceeds from the sale of Class A shares in the offering. The offering is expected to close on September 20, 2024, subject to customary closing conditions.