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Hess Midstream NYSE:HESM Stock Report

Last Price

US$34.97

Market Cap

US$7.9b

7D

-2.0%

1Y

19.2%

Updated

26 Sep, 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.

HESM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance5/6
Financial Health3/6
Dividends3/6

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US$39.80
FV
12.1% undervalued intrinsic discount
9.79%
Revenue growth p.a.
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18 days agoauthor updated this narrative

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$34.97
52 Week HighUS$39.11
52 Week LowUS$27.57
Beta1.49
11 Month Change-5.44%
3 Month Change-4.03%
1 Year Change19.23%
33 Year Change23.96%
5 Year Change78.97%
Change since IPO36.60%

Recent News & Updates

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

Recent updates

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?

Estimating The Fair Value Of Hess Midstream LP (NYSE:HESM)

Feb 22
Estimating The Fair Value Of Hess Midstream LP (NYSE:HESM)

Hess Midstream: Attractive Dividend Growth Backed By Stable Earnings

Feb 16

Hess Midstream: There For The Cash

Feb 09

Shareholder Returns

HESMUS Oil and GasUS Market
7D-2.0%0.02%1.8%
1Y19.2%-2.4%31.9%

Return vs Industry: HESM exceeded the US Oil and Gas industry which returned -2.4% over the past year.

Return vs Market: HESM underperformed the US Market which returned 31.9% over the past year.

Price Volatility

Is HESM's price volatile compared to industry and market?
HESM volatility
HESM Average Weekly Movement2.8%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market14.8%
10% least volatile stocks in US Market3.1%

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

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$7.90b
Earnings (TTM)US$166.90m
Revenue (TTM)US$1.44b

19.2x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HESM income statement (TTM)
RevenueUS$1.44b
Cost of RevenueUS$343.00m
Gross ProfitUS$1.10b
Other ExpensesUS$930.80m
EarningsUS$166.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.83
Gross Margin76.19%
Net Profit Margin11.58%
Debt/Equity Ratio859.5%

How did HESM perform over the long term?

See historical performance and comparison

Dividends

7.6%

Current Dividend Yield

112%

Payout Ratio