We calculate earnings per Class A Share as we do not have any other participating securities. Substantially all of income tax expense is attributed to earnings of Class A Shares reflective of our organizational structure. Class B Units of the Partnership together with the equal number of Class B Shares of the Company are convertible to Class A Shares of the Company on a one-for-one basis. In addition, our restricted equity-based awards may have a dilutive effect on our earnings per share. Diluted earnings per Class A Share are calculated using the “treasury stock method” or “if-converted method,” whichever is more dilutive.


	Three Months Ended March 31,
(in millions, except per share amounts)	2026		2025
Net income	$	157.7	$	161.4
Less: Net income attributable to noncontrolling interest		70.1		89.8
Net income attributable to Hess Midstream LP		87.6		71.6
Net income attributable to Hess Midstream LP per Class A share:
Basic:	$	0.68	$	0.65
Diluted:	$	0.68	$	0.65
Weighted average Class A shares outstanding:
Basic:		129.2		110.7
Diluted:		129.2		110.8

For the three months ended March 31, 2026 and 2025, we did not have any material dilutive restricted shares.