Replies to post #281 on Hess Corporation (HES)

[eFinanceMarkets]

Hess Midstream sees IPO price at $19-$21
Hess Midstream Partners (HES -0.7%) sets its upcoming IPO at 12.5M units priced at $19-$21/unit, for gross proceeds of ~$250M, according to an S-1/A statement.
Hess Midstream is an MLP formed by Hess and Global Infrastructure Partners to own pipeline and storage assets in the Bakken Shale in North Dakota, and booked $510M in sales for FY 2016.
The partnership plans to list on the NYSE under the symbol HESM.