🟢 Hess Midstream Partners is trading 5% up in pre-market after prior-session Chevron restructuring selloff

Hess Midstream Partners is trading at $34.63, up 4.85% pre-market on October 8, rebounding after October 7’s selloff; no company-specific catalyst was identified.

• October 7’s 14.63% fall followed investor reaction to Chevron’s restructuring and outlook, including reduced Bakken tariffs and preliminary 2027 Adjusted EBITDA guidance of $850 million to $950 million, versus the updated 2026 forecast of $1.225 billion to $1.250 billion.
• The company plans to keep 2027 distributions flat after the fourth quarter of 2026. Broader indices were lower and do not explain the gain.