Hess Midstream Partners LP (HESM) [Rocket]

In millions, except per share items	Sep-30-19	Jun-30-19	Mar-31-19	Dec-31-18	Sep-30-18	Jun-30-18	Mar-31-18	Dec-31-17
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
Gathering Opco	86.4	80.2	79.0	81.9	82.6	81.9	78.5	72.8
Processing and Storage	74.0	67.5	66.5	65.0	65.2	62.9	58.3	59.9
Terminaling and Export	35.0	25.1	28.7	24.3	21.7	19.9	20.2	17.6
Other								0.2
Total revenues [+]	195.4	172.8	174.2	171.2	169.5	164.7	157.0	150.5
Other income		0.1	0.2	0.1	0.2	0.2	0.2
Revenue growth [+]	15.3%	4.9%	11.0%	13.8%	15.5%	19.1%	20.5%
Gathering Opco	4.6%	-2.1%	0.6%	12.5%	14.6%	23.2%
Processing and Storage	13.5%	7.3%	14.1%	8.5%	11.5%	12.9%
Terminaling and Export	61.3%	26.1%	42.1%	38.1%	34.8%	23.6%
Cost of goods sold	56.5	43.6	41.9	43.2	39.4	37.1	34.6	41.1
Gross profit	138.9	129.2	132.3	128.0	130.1	127.6	122.4	109.4
Gross margin	71.1%	74.8%	75.9%	74.8%	76.8%	77.5%	78.0%	72.7%
Selling, general and administrative [+]	3.9	3.7	4.0	3.6	2.4	2.4	3.1	2.5
General and administrative	3.9	3.7	4.0	3.6	2.4	2.4	3.1	2.5
Equity in earnings	-0.5
Other operating expenses			32.6	32.2			30.0	29.3
EBITDA [+]	134.5	125.5	128.3	124.4	127.7	125.2	119.3	106.9
EBITDA growth	5.3%	0.2%	7.5%	16.4%	21.2%	1.0%	89.1%
EBITDA margin	68.8%	72.6%	73.7%	72.7%	75.3%	76.0%	76.0%	71.0%
Depreciation and amortization	34.5	34.0	32.6	32.2	30.6	30.2	30.0	29.3
EBIT [+]	100.0	91.5	95.7	92.2	97.1	95.0	89.3	77.6
EBIT growth	3.0%	-3.7%	7.2%	18.8%	26.3%	38.5%	41.5%
EBIT margin	51.2%	53.0%	54.9%	53.9%	57.3%	57.7%	56.9%	51.6%
Interest expense	0.6	0.6	0.4	0.3	0.3	0.4	0.3	0.5
Interest expense	0.6	0.6	0.4	0.3	0.3	0.4	0.3	0.5
Other income (expense), net	1.0
Pre-tax income	100.4	90.9	95.3	91.9	96.8	94.6	89.0	77.1
Income taxes	81.3	74.1	77.2	74.7	78.0	76.8	72.0	62.3
Tax rate	81.0%	81.5%	81.0%	81.3%	80.6%	81.2%	80.9%	80.8%
Minority interest	81.3	74.1	77.2	74.7	78.0	76.8	72.0	62.3
Net income	17.8	15.8	17.3	16.7	18.3	17.4	16.7	14.5
Net margin	9.1%	9.1%	9.9%	9.8%	10.8%	10.6%	10.6%	9.6%

Basic EPS [+]	$0.33	$0.29	$0.32	$0.31	$0.34	$0.32	$0.31	$0.27
Growth	-2.7%	-9.2%	3.6%	13.5%	24.5%	48.5%
Diluted EPS [+]	$0.32	$0.29	$0.32	$0.31	$0.33	$0.32	$0.31	$0.27
Growth	-2.9%	-9.4%	3.4%	13.3%	24.3%	48.3%

Dividends per share [+]	$0.40	$0.37	$0.38	$0.36	$0.35	$0.33	$0.33	$0.32
Growth	14.7%	14.6%	16.2%	14.0%	25.8%

Shares outstanding (basic) [+]	54.6	54.6	54.6	54.6	54.6	54.6	54.6	53.8
Growth	0.0%	0.0%	0.0%	1.5%	0.0%	4.6%
Shares outstanding (diluted) [+]	54.8	54.8	54.7	54.7	54.7	54.7	54.6	53.8
Growth	0.2%	0.2%	0.2%	1.7%	0.2%	4.8%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.