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Hess Midstream LP (HESM)

38.78 +0.20 (+0.52%)
At close: June 10 at 4:00:03 PM EDT
38.79 +0.01 (+0.03%)
Pre-Market: 4:09:42 AM EDT
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Chart Range Bar
Loading chart for HESM
  • Previous Close 38.58
  • Open 38.31
  • Bid --
  • Ask --
  • Day's Range 38.31 - 39.32
  • 52 Week Range 31.63 - 44.14
  • Volume 614,050
  • Avg. Volume 2,026,979
  • Market Cap (intraday) 8.013B
  • Beta (5Y Monthly) 0.51
  • PE Ratio (TTM) 13.42
  • EPS (TTM) 2.89
  • Earnings Date (est.) Jul 29, 2026
  • Forward Dividend & Yield 3.04 (7.83%)
  • Ex-Dividend Date May 7, 2026
  • 1y Target Est 36.83

Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson's Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

www.hessmidstream.com

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Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Performance Overview

Trailing total returns as of 6/10/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

HESM
17.23%
S&P 500 (^GSPC)
6.16%

1-Year Return

HESM
8.53%
S&P 500 (^GSPC)
20.34%

3-Year Return

HESM
70.35%
S&P 500 (^GSPC)
69.04%

5-Year Return

HESM
120.68%
S&P 500 (^GSPC)
71.42%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY26
Revenue 390.1M
Earnings 87.6M

Q2

FY25

Q3

FY25

Q4

FY25

Q1

FY26

0
100M
200M
300M
400M

Analyst Insights

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Analyst Price Targets

32.00 Low
36.83 Average
38.78 Current
40.00

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 6/10/2026
Analyst Morgan Stanley
Rating Action Downgrade
Rating Underweight
Price Action Maintains
Price Target 38 -> 38

Statistics

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Valuation Measures

Annual
As of 6/9/2026
  • Market Cap

    4.95B

  • Enterprise Value

    8.72B

  • Trailing P/E

    13.35

  • Forward P/E

    14.22

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    3.03

  • Price/Book (mrq)

    9.56

  • Enterprise Value/Revenue

    5.37

  • Enterprise Value/EBITDA

    7.00

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    22.64%

  • Return on Assets (ttm)

    14.70%

  • Return on Equity (ttm)

    153.41%

  • Revenue (ttm)

    1.63B

  • Net Income Avi to Common (ttm)

    368.9M

  • Diluted EPS (ttm)

    2.89

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.6M

  • Total Debt/Equity (mrq)

    1,006.40%

  • Levered Free Cash Flow (ttm)

    453.92M

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Company Insights

Fair Value

38.78 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

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