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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.
Latest quote
$34.00
+$0.97 · +2.94%
Regular session · ET · Market data may be delayed.
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.
Regular session · ET · Market data may be delayed.
GoAI Score
Buy
Valuation
100
Deep Value
Sentiment
54
Mixed
Risk
19
Low Risk
Momentum
44
Neutral
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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.
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 1.62B USD | 1.49B USD | 1.35B USD | 1.27B USD | 1.2B USD |
| Cost of goods sold | 214.1M USD | 203.1M USD | 192.5M USD | 181.3M USD | 165.6M USD |
| Gross profit | 1.4B USD | 1.29B USD | 1.15B USD | 1.09B USD | 1.04B USD |
| Selling, general, and administrative | 28.5M USD | 26.1M USD | 26.2M USD | 23.1M USD | 22.7M USD |
| Operating expenses | 395M USD | 369.8M USD | 336.7M USD | 300.7M USD | 311M USD |
| Interest expense | 225.6M USD | 202.2M USD | 179M USD | 149.3M USD | 105.4M USD |
| Depreciation and amortization | 214.1M USD | 203.1M USD | 192.5M USD | 181.3M USD | 165.6M USD |
| Operating income | 1.01B USD | 919M USD | 816.9M USD | 791.2M USD | 727.2M USD |
| Net income | 352.9M USD | 223.1M USD | 118.6M USD | 83.9M USD | 46.4M USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Funds reporting this stock among their holdings, ordered by reported position size.
Alerian MLP ETFAMLP1.01B7.33%12.72B USD1.01%$52.88+0.99%
Global X - MLP ETFMLPA210.82M9.12%2.3B USD0.77%$54.27+0.91%
BNY Mellon Global Infrastructure Income ETFBKGI133.62M7.22%1.84B USD0.65%$41.23+0.63%
Global X - MLP & Energy Infrastructure ETFMLPX53M1.50%3.53B USD0.45%$72.45+1.33%
Vanguard Energy ETFVDE28.2M0.21%13.2B USD0.09%$182.6+2.84%
First Trust Natural Gas ETFFCG24.85M3.89%638M USD0.59%$30.07+2.21%
InfraCap MLP ETFAMZA20.49M4.43%462.68M USD1.72%$48.44+1.15%
MLP & Energy Infrastructure High Income ETFMLPI19.48M2.11%926.91M USD0.68%$52.29+1.95%Alerian MLP ETFAMLPGlobal X - MLP ETFMLPABNY Mellon Global Infrastructure Income ETFBKGIGlobal X - MLP & Energy Infrastructure ETFMLPXVanguard Energy ETFVDEFirst Trust Natural Gas ETFFCGInfraCap MLP ETFAMZAMLP & Energy Infrastructure High Income ETFMLPIAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
