# EDGAR Filing Document

**Accession Number:** 0001702361
**File Stem:** 0000950142-25-001964
**Filing Date:** 2025-7
**Character Count:** 19953
**Document Hash:** 71b5c8f84a77a30541718481c7ee1d33
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000950142-25-001964.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0000950142-25-001964

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

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**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:** 251134864

**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

## Ex-99

**Schedule A** 

The name, present principal occupation or employment and citizenship of each of the executive officers, directors and managers of Hess Investments North Dakota LLC, Hess Corporation and Chevron Corporation. Unless otherwise noted, the business address of each individual is c/o Chevron Corporation, 1400 Smith Street, Houston, TX 77002.

**<u>Managers and Executive Officers of Hess Investments North Dakota LLC</u>**

---

| | | |
|:---|:---|:---|
| **Name** | **Present Principal Occupation or**<br> **Employment** | **Citizenship** |
| Jonathan C. Stein | Chief Executive Officer | United States |
| Gabriela B. Boersner | President | United States and Venezuela |
| Michael J. Chadwick | Vice President | United States and United Kingdom |
| Gerbert G. Schoonman | Vice President | United States and the Netherlands |

---

**<u>Executive Officers and Directors of Hess Corporation</u>**

---

| | | |
|:---|:---|:---|
| **Name** | **Present Principal Occupation or**<br> **Employment** | **Citizenship** |
| Nicola Woods | Director | United States and United Kingdom |
| Andrew Stead | Director | United States and United Kingdom |
| Harsh Goyal | Director | Singapore |
| Bruce Niemeyer | President | United States |
| Urs Widmer | Secretary | United States and Switzerland |

---

**<u>Executive Officers of Chevron Corporation</u>**

---

| | | |
|:---|:---|:---|
| **Name** | **Present Principal Occupation or**<br> **Employment** | **Citizenship** |
| Michael K. Wirth | Chairman and CEO | United States |
| Eimear P. Bonner | Vice President and Chief Financial Officer | United States |
| Mark A. Nelson | Vice Chairman | United States |
| R. Hewitt Pate | Vice President and General Counsel | United States |
| T. Ryder Booth | Vice President | United States |
| Jeff B. Gustavson | Vice President | United States |

---

**<u>Directors of Chevron Corporation</u>**

---

| | | |
|:---|:---|:---|
| **Name** | **Present Principal Occupation or**<br> **Employment** | **Citizenship** |
| Wanda M. Austin | Retired President and CEO,<br> The Aerospace Corporation | United States |
| John B. Frank | Vice Chairman, Brookfield Oaktree Holdings, LLC | United States |
| Alice P. Gast | Retired President and Professor Emeritus of Chemical Engineering,<br> Imperial College London | United States and United Kingdom |
| Enrique Hernandez, Jr. | Executive Chairman,<br> Inter-Con Security Systems, Inc. | United States |
| Marillyn A. Hewson | Retired Chairman, CEO, and President, Lockheed Martin Corporation | United States |
| Jon M. Huntsman Jr. | Vice Chairman and President, Strategic Growth, Mastercard Incorporated | United States |
| Charles W. Moorman | Former Senior Advisor and<br> CEO, Amtrak and Retired Chairman and CEO, Norfolk Southern Corporation | United States |
| Dambisa F. Moyo | Co-Principal, Versaca Investments | United Kingdom and Zambia |
| Debra Reed-Klages | Retired Chairman, CEO, and President, Sempra | United States |
| D. James Umpleby III | Executive Chairman,<br> Caterpillar Inc. | United States |
| Cynthia J. Warner | Former President and CEO, Renewable Energy Group, Inc. | United States |
| Michael K. Wirth | Chairman and CEO, Chevron Corporation | United States |

---

## Exhibit 99.1

**EXHIBIT 99.1**

**JOINT FILING AGREEMENT** 

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13D. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of the 18<sup>th</sup> day of July 2025.

---

| | |
|:---|:---|
| **HESS INVESTMENT NORTH DAKOTA LLC** | **HESS INVESTMENT NORTH DAKOTA LLC** |
| By: | /s/ Kari H. Endries |
| Name: | Kari H. Endries |
| Title: | Assistant Secretary |
| **HESS CORPORATION** | **HESS CORPORATION** |
| By: | /s/ Kari H. Endries |
| Name: | Kari H. Endries |
| Title: | Assistant Secretary |
| **CHEVRON CORPORATION** | **CHEVRON CORPORATION** |
| By: | /s/ Christine L. Cavallo |
| Name: | Christine L. Cavallo |
| Title: | Assistant Secretary |

---

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

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 23)**

**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)*

**07/18/2025**

*(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

Introductory Note

On July 18, 2025, Chevron Corporation, a Delaware corporation ("Chevron"), completed its previously announced acquisition of Hess Corporation ("Hess"), the indirect general partner and majority unitholder of the Issuer, through the merger of Yankee Merger Sub Inc., a direct, wholly owned subsidiary of Chevron ("Merger Subsidiary"), with and into Hess (the "Merger"), with Hess surviving and continuing as a direct, wholly owned subsidiary of Chevron.

At the effective time of the Merger, in accordance with the Agreement and Plan of Merger, dated October 22, 2023 (the "Merger Agreement"), by and among Hess, Chevron and Merger Subsidiary, each outstanding share of common stock of Hess (except as otherwise specified in the Merger Agreement) was converted into the right to receive 1.025 of a share of common stock of Chevron, plus cash in lieu of any fractional Chevron shares that otherwise would have been issued.

As a result of the Merger, Chevron (i) indirectly, wholly owns and controls Hess Midstream GP LP, the Issuer's general partner, and (ii) indirectly holds approximately 37.8% of the Issuer's Class A Shares.

The foregoing description of the Merger and the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, a copy of which is attached as Exhibit 99.2 hereto, and is incorporated by reference herein.

This Amendment No. 23 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"), to account for the Merger. Capitalized terms used herein without definition shall have the meaning set forth in the Statement.

**Item 4. Purpose of Transaction**

The information provided or incorporated by reference in the Introductory Note above is hereby incorporated by reference into this Item 4.

Following the closing of the Merger on July 18, 2025, the Reporting Persons, as owners of HINDL and 37.8% of the Class A Shares, intend to review their investment in the Issuer on a continuing basis. Consistent with such purposes, the Reporting Persons may engage in communications and discussions with, without limitation, one or more representatives of the Issuer and/or third parties from time to time regarding the Reporting Persons' investment in the Issuer, and may make suggestions concerning the Issuer's operations, prospects, business and financial strategies, business and financing alternatives and such other matters as the Reporting Persons may deemed relevant to their investment in the Issuer. In connection with this review, the Reporting Persons may, any time and from time to time without prior notice, either directly or through one or more affiliates, determine to take any available course of action or to take no course of action and may take steps to implement such course of action, which may involve the sale by the Reporting Persons of all or a portion of their interests in the Issuer or a transaction or transactions that may result in one or more of the events specified in clauses (a) through (j) of Item 4 of Schedule 13D. Any action or actions the Reporting Persons may undertake with respect to their investment in the Issuer will be dependent upon the Reporting Persons' review of numerous factors, including, among other things, the price level of the Class A Shares; ongoing evaluation of the Issuer's business, financial condition, operations, prospects and strategic alternatives, including its impact on the Reporting Persons' operations and the ability of the Reporting Persons to drive increased value at the Issuer; the relative attractiveness of alternative business and investment opportunities; general market and economic conditions; tax considerations; liquidity of the Class A Shares; and other factors and future developments. Notwithstanding anything to the contrary herein, the Reporting Persons specifically reserve the right to change their intentions with respect to any or all of such matters.

**Item 5. Interest in Securities of the Issuer**

**(a)**
See rows (11) and (13) of the cover pages to this Statement for the aggregate number of Class A Shares and percentages of Class A Shares beneficially owned by each of the Reporting Persons, which information is incorporated herein by reference.

**(b)**
See rows (7) through (10) of the cover pages to this Statement for the number of Class A Shares as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition, which information is incorporated herein by reference.

**(c)**
None of the Reporting Persons, or to the Reporting Persons' knowledge, none of the Listed Persons, has effected any transactions in the Class A Shares during the past 60 days, other than the indirect acquisition of the Class A Shares as described in the Introductory Note.

**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:

Introductory Note above summarizes certain provisions of the Merger Agreement and is incorporated herein by reference. A copy of the Merger Agreement is attached as an Exhibit 99.2 hereto and incorporated herein by reference. Except as set forth herein, none of the Reporting 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:** 07/18/2025

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:** 07/18/2025

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:** 07/18/2025