Hess Midstream Past Earnings Performance
Past criteria checks 5/6
Hess Midstream has been growing earnings at an average annual rate of 12.7%, while the Oil and Gas industry saw earnings growing at 37% annually. Revenues have been growing at an average rate of 11.7% per year. Hess Midstream's return on equity is 167.3%, and it has net margins of 8.8%.
Key information
12.7%
Earnings growth rate
-1.4%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 11.7% |
| Return on equity | 167.3% |
| Net Margin | 8.8% |
| Next Earnings Update | 25 Apr 2024 |
Recent past performance updates
Recent 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 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 21Revenue & Expenses BreakdownBeta
How Hess Midstream makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,349 | 119 | 26 | 0 |
| 30 Sep 23 | 1,307 | 103 | 24 | 0 |
| 30 Jun 23 | 1,278 | 91 | 24 | 0 |
| 31 Mar 23 | 1,268 | 88 | 24 | 0 |
| 31 Dec 22 | 1,275 | 84 | 23 | 0 |
| 30 Sep 22 | 1,277 | 79 | 23 | 0 |
| 30 Jun 22 | 1,246 | 66 | 23 | 0 |
| 31 Mar 22 | 1,227 | 55 | 22 | 0 |
| 31 Dec 21 | 1,204 | 46 | 23 | 0 |
| 30 Sep 21 | 1,154 | 36 | 22 | 0 |
| 30 Jun 21 | 1,115 | 32 | 21 | 0 |
| 31 Mar 21 | 1,090 | 26 | 20 | 0 |
| 31 Dec 20 | 1,092 | 24 | 21 | 0 |
| 30 Sep 20 | 1,079 | 33 | 23 | 0 |
| 30 Jun 20 | 1,029 | 45 | 26 | 0 |
| 31 Mar 20 | 950 | 56 | 28 | 0 |
| 31 Dec 19 | 848 | 67 | 26 | 0 |
| 30 Sep 19 | 816 | 68 | 26 | 0 |
| 30 Jun 19 | 771 | 68 | 20 | 0 |
| 31 Mar 19 | 745 | 70 | 17 | 0 |
| 31 Dec 18 | 713 | 69 | 14 | 0 |
| 30 Sep 18 | 642 | 67 | 10 | 0 |
| 30 Jun 18 | 619 | 63 | 10 | 0 |
| 31 Mar 18 | 593 | 57 | 10 | 0 |
| 31 Dec 17 | 580 | 40 | 14 | 0 |
| 30 Sep 17 | 567 | 96 | 8 | 0 |
| 30 Jun 17 | 541 | 129 | 9 | 0 |
| 31 Mar 17 | 521 | 158 | 11 | 0 |
| 31 Dec 16 | 510 | 205 | 10 | 0 |
| 30 Sep 16 | 632 | 224 | 15 | 0 |
| 30 Jun 16 | 613 | 215 | 13 | 0 |
| 31 Mar 16 | 595 | 212 | 10 | 0 |
| 31 Dec 15 | 565 | 193 | 9 | 0 |
| 30 Sep 15 | 371 | 123 | 4 | 0 |
| 30 Jun 15 | 339 | 100 | 5 | 0 |
| 31 Mar 15 | 304 | 75 | 5 | 0 |
| 31 Dec 14 | 255 | 33 | 5 | 0 |
| 30 Sep 14 | 236 | -47 | 6 | 0 |
| 30 Jun 14 | 247 | -93 | 9 | 0 |
| 31 Mar 14 | 245 | -141 | 11 | 0 |
| 31 Dec 13 | 270 | -164 | 13 | 0 |
Quality Earnings: HESM has high quality earnings.
Growing Profit Margin: HESM's current net profit margins (8.8%) are higher than last year (6.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HESM's earnings have grown by 12.7% per year over the past 5 years.
Accelerating Growth: HESM's earnings growth over the past year (41.4%) exceeds its 5-year average (12.7% per year).
Earnings vs Industry: HESM earnings growth over the past year (41.4%) exceeded the Oil and Gas industry -19.2%.
Return on Equity
High ROE: Whilst HESM's Return on Equity (167.32%) is outstanding, this metric is skewed due to their high level of debt.