Hess Midstream LP logo

Hess Midstream LP

HESM

NYSEEnergyOil & Gas Midstream

Previous close

$39.14

+$0.04 · +0.10%

Aug 21, 4:00 PM ET

HESM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

44

Neutral

Sentiment

54

Mixed

Risk resilience

81

Low Risk

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Company profile

Company website

Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.

Industry
Oil & Gas Midstream
Sector
Energy
Headquarters
US
CEO
Jonathan C. Stein
Listed since
Apr 5, 2017
Employees
195

Market position

Day range

Current $39.14

52-week range

Current $39.14

Open
$39.395
Previous close
$39.10
Volume
1.37M
0.83× average
Average volume
1.66M
Average daily volume
Market cap
8.09B USD
Beta
0.5
Market reference 1
50-day average
$39.2058
-0.17% below average
200-day average
$37.3237
+4.87% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
8.02B USD
P/E (TTM)
13.5×
P/B (TTM)
9.77×
P/S (TTM)
5.02×
EV / EBITDA
6.48×
Earnings yield
8.31%
Free cash flow yield
17.15%
Dividend yield
7.89%

Profitability & efficiency

Gross margin
80.77%
Operating margin
62.21%
Net margin
23.29%
Return on equity
62.10%
Return on assets
8.04%
Return on invested capital
20.42%

Financial health

Debt / equity
7.15×
Current ratio
0.85×

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+2.76%
11 comparable reports
Latest EPS result
0.75
Estimate 0.67 · Beat by 11.61%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.790.70.610.52Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 0.68, estimate 0.65, surprise +4.62%, Beat. Q2 2025, reported Apr 30, 2025: actual 0.65, estimate 0.618, surprise +5.18%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.74, estimate 0.56, surprise +32.14%, Beat. Q4 2025, reported Nov 3, 2025: actual 0.75, estimate 0.731, surprise +2.60%, Beat. Q1 2026, reported Feb 2, 2026: actual 0.72, estimate 0.723, surprise -0.41%, Miss. Q2 2026, reported May 4, 2026: actual 0.68, estimate 0.65, surprise +4.62%, Beat. Q3 2026, reported Aug 3, 2026: actual 0.75, estimate 0.672, surprise +11.61%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 0.74, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates446.5M418.94M391.38M363.83MQ1 '25MissQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 29, 2025: actual 395M USD, estimate 399.42M USD, surprise -1.11%, Miss. Q2 2025, reported Apr 30, 2025: actual 381M USD, estimate 381.62M USD, surprise -0.16%, Miss. Q3 2025, reported Jul 30, 2025: actual 413.5M USD, estimate 429.32M USD, surprise -3.69%, Miss. Q4 2025, reported Nov 3, 2025: actual 420.9M USD, estimate 417.92M USD, surprise +0.71%, Beat. Q1 2026, reported Feb 2, 2026: actual 404.2M USD, estimate 419.16M USD, surprise -3.57%, Miss. Q2 2026, reported May 4, 2026: actual 390.1M USD, estimate 389.51M USD, surprise +0.15%, Beat. Q3 2026, reported Aug 3, 2026: actual 399M USD, estimate 395.96M USD, surprise +0.77%, Beat. Q4 2026, reported Nov 2, 2026: actual —, estimate 411.28M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

9 ratings
Strong buy00%
Buy111%
Hold667%
Sell222%
Strong sell00%

HESM news

HESM peers

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