This article was originally published by TheStreet on Sep. 26
NEW YORK (TheStreet) -- On Wednesday, Hess (HES) revealed its subsidiary Hess Midstream Partners has filed for a $250 million initial public offering with the Securities and Exchange Commission. This could be great news for shareholders.
Structured as a master limited partnership, or MLP, the offering "will create value" for Hess's shareholders, Fadel Gheit, senior analyst at Oppenheimer, told TheStreet through an email.
