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Hess Midstream NYSE:HESM Stock Report

Last Price

US$36.78

Market Cap

US$8.0b

7D

4.1%

1Y

15.1%

Updated

22 Nov, 2024

Data

Company Financials +

HESM Stock Overview

Owns, develops, operates, 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 Growth5/6
Past Performance5/6
Financial Health2/6
Dividends2/6

Hess Midstream LP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hess Midstream
Historical stock prices
Current Share PriceUS$36.78
52 Week HighUS$39.11
52 Week LowUS$30.08
Beta1.48
11 Month Change3.63%
3 Month Change-0.86%
1 Year Change15.08%
33 Year Change49.33%
5 Year Change79.85%
Change since IPO43.67%

Recent News & Updates

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

Recent updates

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?

An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 30% Undervalued

Aug 22
An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 30% Undervalued

Hess Midstream LP's (NYSE:HESM) Earnings Haven't Escaped The Attention Of Investors

Jul 16
Hess Midstream LP's (NYSE:HESM) Earnings Haven't Escaped The Attention Of Investors

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

Shareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High Quality

May 14
Shareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High Quality

Hess Midstream LP Just Missed Earnings - But Analysts Have Updated Their Models

Apr 28
Hess Midstream LP Just Missed Earnings - But Analysts Have Updated Their Models

Hess Midstream: Q1 Results Suggest Growth Trajectory Is On Track

Apr 27

An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 25% Undervalued

Apr 11
An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 25% Undervalued

Hess Midstream Could Become An Acquisition Target

Mar 16

Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343

Feb 06
Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343

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

Jan 29

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

Dec 19

Is Hess Midstream (NYSE:HESM) A Risky Investment?

Dec 08
Is Hess Midstream (NYSE:HESM) A Risky Investment?

Returns On Capital Are A Standout For Hess Midstream (NYSE:HESM)

Nov 17
Returns On Capital Are A Standout For Hess Midstream (NYSE:HESM)

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

Nov 07

Hess Midstream Looks Well Positioned For 2024

Oct 04

Hess Midstream: Best In Class With A Reliable Dividend

Sep 27

Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors

Aug 26

Hess Midstream's (NYSE:HESM) Upcoming Dividend Will Be Larger Than Last Year's

Jul 29
Hess Midstream's (NYSE:HESM) Upcoming Dividend Will Be Larger Than Last Year's

Hess Midstream: Growing Value Through Dividend Increases And Share Repurchases

Jun 22

Hess Corporation: Tough Headwinds On The Horizon

May 31

Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.5851

Apr 28
Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.5851

Is Hess Midstream (NYSE:HESM) A Risky Investment?

Apr 19
Is Hess Midstream (NYSE:HESM) A Risky Investment?

Shareholder Returns

HESMUS Oil and GasUS Market
7D4.1%3.5%2.2%
1Y15.1%17.4%31.7%

Return vs Industry: HESM underperformed the US Oil and Gas industry which returned 17.2% over the past year.

Return vs Market: HESM underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is HESM's price volatile compared to industry and market?
HESM volatility
HESM Average Weekly Movement2.7%
Oil and Gas Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market3.1%

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 (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2014n/aJohn Hesswww.hessmidstream.com

Hess Midstream LP owns, develops, operates, 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$8.03b
Earnings (TTM)US$190.20m
Revenue (TTM)US$1.46b

20.1x

P/E Ratio

2.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HESM income statement (TTM)
RevenueUS$1.46b
Cost of RevenueUS$342.60m
Gross ProfitUS$1.11b
Other ExpensesUS$923.30m
EarningsUS$190.20m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin76.47%
Net Profit Margin13.06%
Debt/Equity Ratio789.9%

How did HESM perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

111%

Payout Ratio