Picton Mahoney Asset Management Invests $690,000 in Hess Midstream Partners LP

The investment firm acquired a new stake in the midstream energy partnership.

Published on Mar. 8, 2026

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Picton Mahoney Asset Management acquired a new stake of 19,951 shares in Hess Midstream Partners LP (NYSE:HESM) in the third quarter, valued at approximately $690,000. The investment comes as Hess Midstream Partners, a midstream energy partnership that owns and operates crude oil, natural gas, and produced water infrastructure in the Williston Basin, has seen increased institutional investor interest.

Why it matters

Hess Midstream Partners' integrated network of gathering, processing, storage, and marketing services for hydrocarbons and produced water supports upstream oil and gas production in the Bakken Shale region. The investment by Picton Mahoney Asset Management signals continued institutional confidence in the company's midstream assets and growth potential.

The details

Picton Mahoney Asset Management acquired the new stake in Hess Midstream Partners during the third quarter. The 19,951 shares purchased are valued at approximately $690,000. Other institutional investors have also recently added to or reduced their stakes in the company, with CENTRAL TRUST Co, Geneos Wealth Management Inc., and Farther Finance Advisors LLC among those increasing their positions.

Picton Mahoney Asset Management acquired the new stake in the third quarter of 2026.

The players