M&A - Hess Investments North Dakota LLC

Form Type: SCHEDULE 13D/A

Filing Date: 2025-01-15

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025005923

Filing Summary: This amendment to Schedule 13D updates the previously filed statement regarding Hess Midstream LP, specifically addressing the January 2025 Repurchase Agreement. On January 13, 2025, Hess Midstream Operations LP agreed to purchase approximately $100 million worth of Class B Units from Hess Investments and Blue Holding as part of the repurchase transaction which closed on January 15, 2025. This involved the cancellation of a corresponding number of Class B Shares. Additionally, on the same day, a distribution agreement was executed that resulted in the distribution of Class B Shares to HIP GP LLC, which then redistributed these shares to Hess Investments and Blue Holding. The document elaborates on the beneficial ownership structure among the involved entities and confirms no other recent transactions involving Class A Shares or Opco Class B Units by the reporting parties.