After initially providing guidance pointing to a 15% increase in distributions for 2020, CFO Jonathan Stein said that Hess Midstream LP will increase them by just 5% this year. Its capital spending will decrease by $200 million over the next two years, in turn slowing distribution growth, according to a March 17 press release. The need for less well connects because of parent Hess Corp.’s Bakken slowdown will result in the partnership spending 20%......
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