HESM Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Hess Midstream LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$35.61 |
| 52 Week High | US$36.84 |
| 52 Week Low | US$26.86 |
| Beta | 1.49 |
| 1 Month Change | -0.28% |
| 3 Month Change | 7.36% |
| 1 Year Change | 25.04% |
| 3 Year Change | 56.12% |
| 5 Year Change | 61.13% |
| Change since IPO | 39.10% |
Recent News & Updates
An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 25% Undervalued
Apr 11
Hess Midstream Could Become An Acquisition Target
Mar 16Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343
Feb 06Recent updates
An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 25% Undervalued
Apr 11Hess Midstream Could Become An Acquisition Target
Mar 16Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At $0.6343
Feb 06Hess Midstream: A 7%-Yielding Billionaire-Like Income Play
Jan 29Hess Midstream: Taking To 'Hold' On Valuation And Parent Acquisition
Dec 19Is Hess Midstream (NYSE:HESM) A Risky Investment?
Dec 08Returns On Capital Are A Standout For Hess Midstream (NYSE:HESM)
Nov 17Hess Midstream Offers A Secure 8% Yield With Possible M&A Upside
Nov 07Hess Midstream Looks Well Positioned For 2024
Oct 04Hess Midstream: Best In Class With A Reliable Dividend
Sep 27Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors
Aug 26Hess Midstream's (NYSE:HESM) Upcoming Dividend Will Be Larger Than Last Year's
Jul 29Hess Midstream: Growing Value Through Dividend Increases And Share Repurchases
Jun 22Hess Corporation: Tough Headwinds On The Horizon
May 31Hess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.5851
Apr 28Is Hess Midstream (NYSE:HESM) A Risky Investment?
Apr 19Estimating The Fair Value Of Hess Midstream LP (NYSE:HESM)
Feb 22Hess Midstream: Attractive Dividend Growth Backed By Stable Earnings
Feb 16Hess Midstream: There For The Cash
Feb 09Hess Midstream Partners raises quarterly diviudend by 1.2% to $0.5696/share
Jan 23Returns on Capital Paint A Bright Future For Hess Midstream (NYSE:HESM)
Dec 26Is Hess Midstream (NYSE:HESM) A Risky Investment?
Dec 04An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 21% Undervalued
Oct 27Hess Midstream Partners declares $0.5627 dividend
Oct 24Hess Midstream: Punching Above Their Weight
Oct 14Why We Like The Returns At Hess Midstream (NYSE:HESM)
Sep 19Hess Midstream: Financing Moves Rule
Sep 17Hess Midstream (NYSE:HESM) Has A Pretty Healthy Balance Sheet
Aug 17Hess Corporation: The Massive Stabroek Block Is A Good Stimulus
Aug 08Hess Midstream (NYSE:HESM) Has Announced That It Will Be Increasing Its Dividend To $0.5559
Jul 29Hess Midstream Partners raises dividend by 1.2% to $0.5559/share
Jul 25Hess Midstream: A Stable, High-Yielding Alternative Among G&Ps
Jul 14Hess Corporation: Slow And Steady Wins The Race
Jun 06Why We Like The Returns At Hess Midstream (NYSE:HESM)
Jun 02Hess Midstream: Another Upside Surprise
May 19These 4 Measures Indicate That Hess Midstream (NYSE:HESM) Is Using Debt Reasonably Well
May 18Hess Midstream (NYSE:HESM) Will Pay A Larger Dividend Than Last Year At US$0.55
Apr 29Hess Corporation's Run-Up Isn't Done
Mar 20Hess Midstream: More Growth Ahead
Mar 13Hess Corporation: Cash Flow Jump Coming
Feb 21Shareholder Returns
| HESM | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 3.8% | -1.0% | -3.2% |
| 1Y | 25.0% | 12.8% | 19.3% |
Return vs Industry: HESM exceeded the US Oil and Gas industry which returned 12.8% over the past year.
Return vs Market: HESM exceeded the US Market which returned 19.3% over the past year.
Price Volatility
| HESM volatility | |
|---|---|
| HESM Average Weekly Movement | 2.4% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.5% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: HESM has not had significant price volatility in the past 3 months.
Volatility Over Time: HESM's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | John Hess | www.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
| HESM fundamental statistics | |
|---|---|
| Market cap | US$8.02b |
| Earnings (TTM) | US$118.60m |
| Revenue (TTM) | US$1.35b |
24.0x
P/E Ratio2.1x
P/S RatioIs HESM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HESM income statement (TTM) | |
|---|---|
| Revenue | US$1.35b |
| Cost of Revenue | US$313.00m |
| Gross Profit | US$1.04b |
| Other Expenses | US$917.00m |
| Earnings | US$118.60m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 25, 2024
| Earnings per share (EPS) | 1.48 |
| Gross Margin | 76.79% |
| Net Profit Margin | 8.79% |
| Debt/Equity Ratio | 884.2% |
How did HESM perform over the long term?
See historical performance and comparison