BUZZ-Hess Midstream hits record high on upbeat annual profit outlook

** Shares of oil producer Hess Midstream LP HESM.N hit record high, now up as much as 2.4% at $41.6

** Expects 2025 net income of $715-$765 mln compared with analysts' estimates of $315.1 mln

** Expects throughput volumes in 2025 to increase by about 10% across oil and gas systems vs 2024

** Sees adj EBITDA of $1,235-$1,285 mln, an 11% increase from 2024 and at the midpoint of guidance, driven by growing revenues

** Co reports Q4 EPS of 68 cents vs 55 cents last year

** Also expects total capital expenditures of about $300 mln in 2025

** "We are starting construction of a gas processing plant north of the river, which, when online in 2027, will support growth for Hess Midstream through the end of the decade,” says President John Gatling

** Including session's gains, HESM stock has risen ~12.69% YTD, compared with 17.07% rise in 2024