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Supplemental Quarterly Financial Information (Unaudited)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Supplemental Quarterly Financial Information (Unaudited)

 


Supplemental Quarterly Financial Information (Unaudited)

Supplemental quarterly financial information is as follows:

 

 

2019

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

(in millions, except per share/unit amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues and other income

 

$

189.6

 

 

$

190.3

 

 

$

214.9

 

 

$

253.5

 

Income from operations

 

$

95.8

 

 

$

91.2

 

 

$

99.3

 

 

$

90.3

 

Net income

 

$

80.8

 

 

$

74.4

 

 

$

87.4

 

 

$

75.1

 

Net income attributable to Hess Midstream LP

 

$

18.1

 

 

$

16.8

 

 

$

19.1

 

 

$

16.1

 

Net income attributable to Hess Midstream LP

   per Class A Share/limited partner unit (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Class A Share

 

$

-

 

 

$

-

 

 

$

-

 

 

$

0.28

 

Common unit

 

$

0.32

 

 

$

0.29

 

 

$

0.33

 

 

$

-

 

Subordinated unit

 

$

0.32

 

 

$

0.29

 

 

$

0.33

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018

 

 

 

First Quarter

 

 

Second Quarter

 

 

Third Quarter

 

 

Fourth Quarter

 

(in millions, except per share/unit amounts)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues and other income

 

$

166.5

 

 

$

176.5

 

 

$

183.8

 

 

$

185.9

 

Income from operations

 

$

90.8

 

 

$

96.3

 

 

$

99.0

 

 

$

92.1

 

Net income

 

$

77.7

 

 

$

82.8

 

 

$

86.1

 

 

$

78.9

 

Net income attributable to Hess Midstream LP

 

$

17.0

 

 

$

17.8

 

 

$

18.8

 

 

$

17.2

 

Net income attributable to Hess Midstream LP

   per limited partner unit (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Common

 

$

0.30

 

 

$

0.32

 

 

$

0.34

 

 

$

0.31

 

Subordinated

 

$

0.30

 

 

$

0.32

 

 

$

0.34

 

 

$

0.31

 

Amounts in the tables above have been retrospectively adjusted for the acquisition of Hess Infrastructure Partners LP, which was accounted for as an acquisition of a business under common control. See Note 3, Acquisitions. No other adjustments have been made to the quarterly financial information as previously reported by Hess Midstream Partners LP.