Group 1 - Hess Midstream LP (NYSE:HESM) is considered one of the most profitable oil stocks to invest in currently, with Eagle Global Advisors LLC increasing its position by 53.7% in Q2, acquiring 857,669 shares, making it the firm's fourth largest holding [1] - The company is expected to benefit from new drilling plans, although near-term growth prospects may appear modest due to reduced throughput in its system [2] - Hess Midstream LP has a strong contract structure with minimum volume commitments (MVC) extending through 2033, positioning it well for guaranteed minimum revenue [3] Group 2 - Hess Midstream LP operates midstream assets in Texas and provides fee-based services to Hess and third-party customers, with three main segments: Gathering, Processing and Storage, and Terminaling and Export [4]
Eagle Global Advisors Makes Hess Midstream LP (HESM) its 4th Largest Holding