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
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Hess Midstream LP Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$36.73 |
| 52 Week High | US$39.11 |
| 52 Week Low | US$30.72 |
| Beta | 1.49 |
| 1 Month Change | -0.14% |
| 3 Month Change | 3.17% |
| 1 Year Change | 15.65% |
| 3 Year Change | 31.37% |
| 5 Year Change | 62.38% |
| Change since IPO | 43.48% |
Recent News & Updates
Hess Midstream LP's (NYSE:HESM) Popularity With Investors Is Clear
Dec 10
Shareholders Will Be Pleased With The Quality of Hess Midstream's (NYSE:HESM) Earnings
Nov 13Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Hess Midstream Operations Are Great And Overshadowed By The Acquisition
Oct 31Recent updates
Hess Midstream LP's (NYSE:HESM) Popularity With Investors Is Clear
Dec 10Shareholders Will Be Pleased With The Quality of Hess Midstream's (NYSE:HESM) Earnings
Nov 13Hess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 01Hess Midstream Operations Are Great And Overshadowed By The Acquisition
Oct 31Hess Midstream: Insider Sales Continue
Sep 20Is Hess Midstream (NYSE:HESM) Using Too Much Debt?
Sep 14An Intrinsic Calculation For Hess Midstream LP (NYSE:HESM) Suggests It's 30% Undervalued
Aug 22Hess Midstream LP's (NYSE:HESM) Earnings Haven't Escaped The Attention Of Investors
Jul 16Hess Midstream: One Of The Strongest Buys In The Midstream Space
Jul 14Hess Midstream: Beyond 7.3% Yield, A Perfect Investment For Income And Growth
Jun 08Shareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High Quality
May 14Hess Midstream LP Just Missed Earnings - But Analysts Have Updated Their Models
Apr 28Hess Midstream: Q1 Results Suggest Growth Trajectory Is On Track
Apr 27An 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 19Hess 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: Growing Value Through Dividend Increases And Share Repurchases
Jun 22Hess Corporation: Tough Headwinds On The Horizon
May 31Shareholder Returns
| HESM | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 1.4% | -3.1% | -2.7% |
| 1Y | 15.6% | 2.7% | 23.4% |
Return vs Industry: HESM exceeded the US Oil and Gas industry which returned 2.7% over the past year.
Return vs Market: HESM underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| HESM volatility | |
|---|---|
| HESM Average Weekly Movement | 2.8% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
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
| 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$7.89b |
| Earnings (TTM) | US$190.20m |
| Revenue (TTM) | US$1.46b |
20.1x
P/E Ratio2.6x
P/S RatioIs HESM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HESM income statement (TTM) | |
|---|---|
| Revenue | US$1.46b |
| Cost of Revenue | US$342.60m |
| Gross Profit | US$1.11b |
| Other Expenses | US$923.30m |
| Earnings | US$190.20m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.83 |
| Gross Margin | 76.47% |
| Net Profit Margin | 13.06% |
| Debt/Equity Ratio | 789.9% |
How did HESM perform over the long term?
See historical performance and comparisonDividends
7.5%
Current Dividend Yield111%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:13 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Hess Midstream LP is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Douglas Irwin | Citigroup Inc |
| Spiro Dounis | Credit Suisse |
| John Mackay | Goldman Sachs |