Hess Midstream Partners Goes Public-Only, Buys Chevron's DJ Basin Assets

Hess Midstream Partners (NYSE: HESM) entered a definitive agreement with Chevron to acquire Chevron’s DJ Basin midstream assets. The transaction would expand Hess Midstream beyond its Bakken operations and establish it as an independent, publicly owned multi-basin midstream company; the article provides no deal value or timing.