Investing.com - Hess Midstream Partners reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hess Midstream Partners announced earnings per share of $0.53 on revenue of $334.80. Analysts polled by Investing.com anticipated EPS of $0.54 on revenue of $313.63M.
Hess Midstream Partners shares are down 48% from the beginning of the year and are trading at $27.43 , down-from-52-week-high.
Hess Midstream Partners follows other major Energy sector earnings this month
Hess Midstream Partners's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.63 on revenue of $7.5B, compared to forecasts EPS of $0.5507 on revenue of $7.1B.
Valero Energy had missed expectations on Tuesday with third quarter EPS of $7.14 on revenue of $44.45B, compared to forecast for EPS of $7.33 on revenue of $38.86B.
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