financetom
Business
financetom
/
Business
/
Hess Midstream Investor Launches Secondary Offering of Shares; Stock Falls After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Hess Midstream Investor Launches Secondary Offering of Shares; Stock Falls After Hours
May 28, 2025 2:12 PM

04:56 PM EDT, 05/28/2025 (MT Newswires) -- Hess Midstream ( HESM ) said late Wednesday that an affiliate of Global Infrastructure Partners, a part of BlackRock ( BLK ) , launched a public offering of about 15 million class A shares of the company, representing limited partner interests.

The company said it will not receive any proceeds from the sale of shares in the offering.

Shares of Hess Midstream ( HESM ) were down more than 3% in after-hours activity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved