Two Houston-based midstream companies declared quarterly dividends this week.
Hess Midstream Partners LP, a firm with most of its assets in the Bakken of North Dakota declared a 37 cent a share cash distribution for the quarter that ended Dec. 31, 2018. It was a 15 percent increased compared to the previous year and a 3.5 percent increase over the third quarter of 2018.
Noble Midstream announced a 59 cent-a-share dividend for the fourth quarter of 2018. It represented a 4.7 percent increase over the third quarter and was up 20 percent higher than the fourth quarter of 2017.
Noble has many of its assets in the DJ Basin in Colorado and the Delaware Basin in Texas.