# EDGAR Filing Document

**Accession Number:** 0001702361
**File Stem:** 0000950170-25-104208
**Filing Date:** 2025-8
**Character Count:** 11894
**Document Hash:** 9fe7ede67d5ad263162eae2bb93fb65a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950170-25-104208.hdr.sgml**: 20250806

**ACCESSION NUMBER**: 0000950170-25-104208

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250806

**DATE AS OF CHANGE**: 20250806

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hess Midstream LP
- **CENTRAL INDEX KEY:** 0001789832
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91247
- **FILM NUMBER:** 251190588

**BUSINESS ADDRESS:**
- **STREET 1:** 1501 MCKINNEY STREET
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77010
- **BUSINESS PHONE:** 2125368039

**MAIL ADDRESS:**
- **STREET 1:** 1501 MCKINNEY STREET
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77010
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hess Investments North Dakota LLC
- **CENTRAL INDEX KEY:** 0001702361

**ORGANIZATION NAME:**
- **EIN:** 352480963
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1501 MCKINNEY STREET
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77010
- **BUSINESS PHONE:** 713 496-4000

**MAIL ADDRESS:**
- **STREET 1:** 1501 MCKINNEY STREET
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77010

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 24)**

**Hess Midstream LP**

*(Name of Issuer)*

**Class A Shares**

*(Title of Class of Securities)*

**428103105**

*(CUSIP Number)*

**Mary A. Francis**<br>c/o Chevron Corporation<br>5001 Executive Parkway, Suite 200<br>San Ramon CA 94583<br>(925) 842-1000

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**08/04/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **428103105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hess Investments North Dakota LLC** | Name of reporting person<br>**Hess Investments North Dakota LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**79428190.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**79428190.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**37.8%** | Percent of class represented by amount in Row (11)<br>**37.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Comment for Reporting Person:** Delaware Limited Liability Company

| **CUSIP No.** | **428103105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hess Corporation** | Name of reporting person<br>**Hess Corporation** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**79428190.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**79428190.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**37.8%** | Percent of class represented by amount in Row (11)<br>**37.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **428103105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Chevron Corporation** | Name of reporting person<br>**Chevron Corporation** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**DELAWARE** | Citizenship or place of organization<br>**DELAWARE** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**79428190.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**79428190.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | Aggregate amount beneficially owned by each reporting person<br>**79428190.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**37.8%** | Percent of class represented by amount in Row (11)<br>**37.8%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Shares

**(b) Name of Issuer:**
Hess Midstream LP

**(c) Address of Issuer's Principal Executive Offices:**
1501 MCKINNEY STREET, HOUSTON, TX, 77010

This Amendment No. 24 to Schedule 13D amends and supplements the statement on Schedule 13D originally filed with the United States Securities and Exchange Commission on December 17, 2019 (as amended, the "Statement"), relating to the Class A Shares representing limited partner interests (the "Class A Shares") of Hess Midstream LP, a Delaware limited partnership (the "Issuer"). Capitalized terms used herein without definition shall have the meaning set forth in the Statement.

**Item 4. Purpose of Transaction**

Item 4 of the Statement is hereby amended and supplemented as follows:

August 2025 Repurchase Agreement

On August 4, 2025, the Issuer, HESM Opco and Hess Investments entered into a Unit Repurchase Agreement (the "August 2025 Repurchase Agreement"), pursuant to which HESM Opco agreed to purchase from Hess Investments 695,894 Opco Class B Units (the "Repurchased Units"), for an aggregate purchase price of approximately $30 million, or $43.11 per unit (the "August 2025 Repurchase Transaction"). Pursuant to the terms of the August 2025 Repurchase Agreement, immediately following the closing of the August 2025 Repurchase Transaction, HESM Opco will cancel the Repurchased Units, and the Issuer will cancel, for no consideration, an equal number of Class B Shares held by Hess Investments in accordance with Section 5.5(e) of the Amended Opco Partnership Agreement.

The above description of the August 2025 Repurchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such agreement, which is filed as an exhibit hereto and incorporated herein by reference.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Item 6 of the Statement is hereby amended and supplemented as follows:

Item 4 above summarizes certain provisions of the August 2025 Repurchase Agreement and is incorporated herein by reference. A copy of this agreement is attached as an exhibit hereto and incorporated herein by reference.

Except as set forth herein, none of the Reporting Persons or Related Persons has any contracts, arrangements, understandings or relationships (legal or otherwise) with any person with respect to any securities of the Issuer, including, but not limited to, any contracts, arrangements, understandings or relationships concerning the transfer or voting of such securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hess Investments North Dakota LLC

**Signature:** /s/ Kari H. Endries

**Name/Title:** Kari H. Endries, Assistant Secretary

**Date:** 08/06/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hess Corporation

**Signature:** /s/ Kari H. Endries

**Name/Title:** Kari H. Endries, Assistant Secretary

**Date:** 08/06/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Chevron Corporation

**Signature:** /s/ Christine L. Cavallo

**Name/Title:** Christine L. Cavallo, Assistant Secretary

**Date:** 08/06/2025