Loading...
HESM logo

Hess Midstream LPNYSE:HESM Stock Report

Market Cap US$8.5b
Share Price
US$39.52
My Fair Value
US$46
14.4% undervalued intrinsic discount
1Y10.2%
7D-3.8%
Portfolio Value
View

Hess Midstream LP

NYSE:HESM Stock Report

Market Cap: US$8.5b

Hess Midstream (HESM) Stock Overview

Owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States. More details

HESM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance5/6
Financial Health2/6
Dividends2/6

HESM Community Fair Values

Create Narrative

See what 40 others think this stock is worth. Follow their fair value or set your own to get alerts.

Hess Midstream LP Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hess Midstream
Historical stock prices
Current Share PriceUS$39.52
52 Week HighUS$44.14
52 Week LowUS$33.59
Beta0.63
1 Month Change-4.79%
3 Month Change0.18%
1 Year Change10.21%
3 Year Change36.70%
5 Year Change130.71%
Change since IPO54.37%

Recent News & Updates

Hess Midstream: Chevron Clarity Nears (Downgrade)

Aug 11

Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.737

Aug 01
Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.737

Recent updates

Hess Midstream: Chevron Clarity Nears (Downgrade)

Aug 11

Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.737

Aug 01
Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.737

Is There An Opportunity With Hess Midstream LP's (NYSE:HESM) 47% Undervaluation?

Jun 30
Is There An Opportunity With Hess Midstream LP's (NYSE:HESM) 47% Undervaluation?

Hess Midstream LP Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

May 03
Hess Midstream LP Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Hess Midstream LP's (NYSE:HESM) Shareholders Might Be Looking For Exit

Apr 16
Hess Midstream LP's (NYSE:HESM) Shareholders Might Be Looking For Exit

Hess Midstream: Near Its Ceiling, But Solid Floor

Apr 16

Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.7012

Jan 31
Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.7012

Hess Midstream Continues To Deliver Excellent Results In Q4

Jan 29

Is Hess Midstream (NYSE:HESM) Using Too Much Debt?

Jan 15
Is Hess Midstream (NYSE:HESM) Using Too Much Debt?

Hess Midstream LP's (NYSE:HESM) Popularity With Investors Is Clear

Dec 10
Hess Midstream LP's (NYSE:HESM) Popularity With Investors Is Clear

Shareholders Will Be Pleased With The Quality of Hess Midstream's (NYSE:HESM) Earnings

Nov 13
Shareholders Will Be Pleased With The Quality of Hess Midstream's (NYSE:HESM) Earnings

Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 01
Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year

Hess Midstream Operations Are Great And Overshadowed By The Acquisition

Oct 31

Hess Midstream: Insider Sales Continue

Sep 20

Is Hess Midstream (NYSE:HESM) Using Too Much Debt?

Sep 14
Is Hess Midstream (NYSE:HESM) Using Too Much Debt?
User avatar

Expanding Bakken Operations And Shareholder Returns Promise Bright Future

Expansion in gas gathering, processing, and infrastructure development highlights growth in critical operational areas, aiming to enhance revenue through Bakken region support.

Hess Midstream: One Of The Strongest Buys In The Midstream Space

Jul 14

Hess Midstream: Beyond 7.3% Yield, A Perfect Investment For Income And Growth

Jun 08

Hess Midstream: Q1 Results Suggest Growth Trajectory Is On Track

Apr 27

Hess Midstream Could Become An Acquisition Target

Mar 16

Hess Midstream: A 7%-Yielding Billionaire-Like Income Play

Jan 29

Hess Midstream: Taking To 'Hold' On Valuation And Parent Acquisition

Dec 19

Hess Midstream Offers A Secure 8% Yield With Possible M&A Upside

Nov 07

Shareholder Returns

HESMUS Oil and GasUS Market
7D-3.8%-3.1%1.4%
1Y10.2%4.5%20.0%

Return vs Industry: HESM exceeded the US Oil and Gas industry which returned 4.5% over the past year.

Return vs Market: HESM underperformed the US Market which returned 20% over the past year.

Price Volatility

Is HESM's price volatile compared to industry and market?
HESM volatility
HESM Average Weekly Movement3.5%
Oil and Gas Industry Average Movement5.7%
Market Average Movement6.4%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.0%

Stable Share Price: HESM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HESM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJonathan Steinwww.hessmidstream.com

Hess Midstream LP owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess 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.

Hess Midstream LP Fundamentals Summary

How do Hess Midstream's earnings and revenue compare to its market cap?
HESM fundamental statistics
Market capUS$8.55b
Earnings (TTM)US$290.90m
Revenue (TTM)US$1.57b
17.8x
P/E Ratio
3.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HESM income statement (TTM)
RevenueUS$1.57b
Cost of RevenueUS$361.40m
Gross ProfitUS$1.21b
Other ExpensesUS$918.30m
EarningsUS$290.90m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)2.22
Gross Margin76.99%
Net Profit Margin18.52%
Debt/Equity Ratio731.8%

How did HESM perform over the long term?

See historical performance and comparison

Dividends

7.5%
Current Dividend Yield
105%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/09/10 21:36
End of Day Share Price 2025/09/10 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Hess Midstream LP is covered by 15 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Douglas IrwinCitigroup Inc
Spiro DounisCredit Suisse
John MackayGoldman Sachs