HOUSTON–(BUSINESS WIRE)–Hess Midstream Partners LP announced that it has commenced its initial public offering of 12,500,000 common units representing limited partner interests in the Partnership, at an anticipated initial public offering price between $19 and $21 per common unit, pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission. The underwriters of the offering will have a 30-day option to purchase up to an additional 1,875,000 common units at the initial public offering price. The common units are expected to trade on the New York Stock Exchange under the ticker symbol “HESM.”

About the Partnership
Hess Midstream Partners is a fee-based, growth-oriented, traditional master limited partnership initially formed by Hess in 2014 to own, operate, develop and acquire a diverse set of midstream assets to provide services to Hess and third-party customers. The Partnership’s initial assets are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

About the Sponsors
Hess Corporation is a global independent energy company engaged in the exploration and production of crude oil and natural gas. Global Infrastructure Partners is an independent infrastructure fund that invests in infrastructure assets and businesses across three core sectors: energy, transportation and water/waste.