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Hess Midstream HESM Gathering — Depreciation
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Where this comes from
Reported directly by Hess Midstream in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The source filing: Hess Midstream’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:15 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001193125-26-338055
| (in millions) / For the Three Months Ended June 30, 2026 | Gathering | Processing and Storage | Terminaling and Export | Total Reportable Segments | Interest and Other | Consolidated |
|---|---|---|---|---|---|---|
| Revenues and other income | $209.8 | $151.3 | $37.9 | $399.0 | - | $399.0 |
| Operating and maintenance expenses (exclusive of depreciation shown separately below) | 50.4 | 28.0 | 7.5 | 85.9 | - | 85.9 |
| Depreciation expense | 36.6 | 13.4 | 4.4 | 54.4 | - | 54.4 |
| General and administrative expenses | 2.8 | 0.9 | 0.3 | 4.0 | 1.5 | 5.5 |
| Income from equity investments | - | 6.1 | - | 6.1 | - | 6.1 |
| Interest expense, net | - | - | - | - | 54.5 | 54.5 |
| Income tax expense | - | - | - | - | 31.1 | 31.1 |
| Adjusted EBITDA | 156.6 | 128.5 | 30.1 | 315.2 |
Item 1. Financial Statements
FAQ
- What is Hess Midstream's gathering — depreciation?
- Hess Midstream (HESM) reported gathering — depreciation of $36.6M in Q2 2026.
- How has Hess Midstream's gathering — depreciation changed year-over-year?
- Hess Midstream's gathering — depreciation increased by 11.9% year-over-year, from $32.7M to $36.6M.
- What is the long-term trend for Hess Midstream's gathering — depreciation?
- Over 4 years (2021 to 2025), Hess Midstream's gathering — depreciation has grown at a 7.4% compound annual growth rate (CAGR), from $101M to $134.6M.
- What does gathering — depreciation mean?
- Reflects the systematic allocation of the cost of tangible gathering assets over their estimated useful lives. This non-cash expense accounts for the wear and tear of pipelines, compression stations, and other gathering facilities.
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