Hess Midstream Partners LP
MLP Top Gainers: Hi-Crush Partners Led the Rally Last Week
Hi-Crush Partners (HCLP), a frac sand producer, was the top MLP gainer last week with a massive 40.6% rally driven by positive announcements.
Hess Midstream Partners, a Bakken-Focused MLP
Hess Midstream Partners Hess (HES) had initially planned to spin off its midstream assets in 2014. However, those plans were abandoned after oil prices crashed. Hess then launched an initial public offering in early 2017 for Hess Midstream Partners (HESM), which was successfully completed in April. The company received net proceeds of $175 million. In the […]