Algert Global Boosts Stake in Hess Midstream Partners

Investment firm increases position in midstream energy company by 18.2% in Q3 2026

Mar. 17, 2026 at 7:09am

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Algert Global LLC, an investment management firm, increased its stake in Hess Midstream Partners LP (NYSE: HESM) by 18.2% during the third quarter of 2026, according to a recent SEC filing. Algert Global now owns 211,238 shares of the midstream energy company, representing 0.10% of Hess Midstream's outstanding stock.

Why it matters

Hess Midstream Partners operates critical oil and gas infrastructure in the Bakken Shale region of North Dakota and Montana. Algert Global's increased investment signals confidence in the company's long-term prospects, as midstream assets play a vital role in supporting upstream production in the Bakken.

The details

According to the SEC filing, Algert Global purchased an additional 32,535 shares of Hess Midstream Partners during the third quarter, bringing its total position to 211,238 shares. The investment firm now owns 0.10% of the company's outstanding stock, up from 0.08% in the prior quarter.

  • Algert Global increased its stake in Hess Midstream Partners during the 3rd quarter of 2026.

The players

Algert Global LLC

An investment management firm that has increased its position in Hess Midstream Partners LP.

Hess Midstream Partners LP

A midstream energy partnership that owns and operates crude oil, natural gas, and produced water infrastructure in the Williston Basin.

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The takeaway

Algert Global's increased stake in Hess Midstream Partners suggests the investment firm sees long-term value in the company's midstream assets, which are critical to supporting oil and gas production in the Bakken Shale region.