Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD
34.29
+0.12 (0.35%)
Dec 5, 2025, 2:35 PM EST - Market open
0.35%
Market Cap7.12B
Revenue (ttm)1.61B
Net Income (ttm)330.00M
Shares Out 207.78M
EPS (ttm)2.81
PE Ratio12.22
Forward PE11.87
Dividend$3.02 (8.81%)
Ex-Dividend DateNov 6, 2025
Volume384,627
Open34.25
Previous Close34.17
Day's Range34.18 - 34.55
52-Week Range31.63 - 44.14
Beta0.59
AnalystsHold
Price Target41.44 (+20.85%)
Earnings DateNov 3, 2025

About HESM

Hess Midstream LP owns, operates, develops, 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. Its gathering systems consists of approximately 1,415 miles of high and low pressure natural gas and natural gas liquids gathering pi... [Read more]

Sector Energy
Founded 2014
Employees 220
Stock Exchange NYSE
Ticker Symbol HESM
Full Company Profile

Financial Performance

In 2024, Hess Midstream LP's revenue was $1.50 billion, an increase of 10.89% compared to the previous year's $1.35 billion. Earnings were $223.10 million, an increase of 88.11%.

Financial Statements

Analyst Summary

According to 9 analysts, the average rating for HESM stock is "Hold." The 12-month stock price target is $41.44, which is an increase of 20.85% from the latest price.

Price Target
$41.44
(20.85% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hess Midstream: A Compelling Idea For 2026

Hess Midstream (HESM) is rated a strong buy, offering an 8.8% yield, robust free cash flow, and downside protection via minimum volume commitments through 2033. HESM pivots from growth to maximizing s...

16 hours ago - Seeking Alpha

PGIM Jennison Energy Infrastructure Fund Q3 2025 Contributors And Detractors

TC Energy benefited from positive results in 2Q25, beating estimates, with EBITDA guidance being modestly raised, and the current capex remaining static. Enbridge has vast scale across oil, gas, utili...

Other symbols: ENBLNGOKESOBOTRP
5 days ago - Seeking Alpha

Buy The Dip: Giving Thanks For These Dirt Cheap Black Friday Bargains

I share two dirt-cheap high-quality dividend growth stocks with yields up to 9%. Strong dividends, buybacks, and deep discounts combine for a rare risk-reward setup. I detail why this Thanksgiving, I ...

8 days ago - Seeking Alpha

Hess Midstream: High-Yield Undervalued Midstream Play With Long-Term Gas Potential

Hess Midstream LP offers a compelling >9% yield, strong free cash flow, and resilient financials despite recent stock pressure and industry headwinds. HESM maintains a solid payout ratio, ongoing buyb...

14 days ago - Seeking Alpha

Hess Midstream LP (HESM) Q3 2025 Earnings Call Transcript

Hess Midstream LP ( HESM) Q3 2025 Earnings Call November 3, 2025 10:00 AM EST Company Participants Jennifer Gordon - Vice President of Investor Relations Jonathan Stein - Chief Executive Officer Mich...

4 weeks ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2025

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported third quarter 2025 net income of $175.5 million compared with net income of $164.7...

4 weeks ago - Business Wire

Hess Midstream LP Announces Distribution Per Share Level Increase

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Distribution Per Share Level Increase.

5 weeks ago - Business Wire

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Monday, November 3, 2025, at 10:00 a.m. Eastern Time to dis...

6 weeks ago - Business Wire

Why I'm Betting 75% Of My Portfolio On America's Future

The government is taking stakes in key US companies. This isn't a bailout but a strategic shift to secure vital supply chains and maintain a competitive edge against global rivals. This new reality ch...

Other symbols: AMAMDASTSCLFCPCSXEME
2 months ago - Seeking Alpha

Hess Midstream: I'm Still Cautious, But Valuation Makes Sense After The Selloff

Hess Midstream LP is upgraded from hold to buy, as valuation now prices in downside risks and offers an attractive entry point. HESM trades below historical P/E and EV/EBITDA averages, with fair value...

2 months ago - Seeking Alpha

Dividend Growth Stocks: 5 Massive Yields That Could Rise Within Weeks

Wall Street left these 8.5% to 16.6% yields for dead. But their next dividend raises may show that these patients have a pulse—and send these prices higher before year-end.

Other symbols: CCOIDKLDXRWT
2 months ago - Forbes

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: DKLWES
2 months ago - Benzinga

Hess Midstream: Growth Fears Create Opportunity

Hess Midstream LP shares plunged after Chevron reduced drilling, leading to lower growth guidance and a 10% stock drop. Despite muted growth, HESM's minimum volume commitments and strong contract stru...

2 months ago - Seeking Alpha

Hess Midstream Cuts Outlook As Chevron Scales Back Bakken Drilling

Hess Midstream LP HESM on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp CVX in the Bakken beginning in the fourth qua...

Other symbols: CVX
2 months ago - Benzinga

Hess Midstream LP Announces Updated Guidance

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Updated Guidance.

2 months ago - Business Wire

August's 5 Dividend Growth Stocks With Yields Up To 8%

Every month, we screen for higher-yielding dividend-paying stocks, but also those that have a trend of generally growing dividends. Those include dividend payers that screen well based on quant grades...

Other symbols: ADCAREBBYCVXFVRMTNNNN
3 months ago - Seeking Alpha

Hess Midstream: Chevron Clarity Nears (Downgrade)

Hess Midstream continues to deliver strong financial results, with robust volume growth, high margins, and a reliable, inflation-linked contract structure. The recent Chevron acquisition of Hess incre...

4 months ago - Seeking Alpha

Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public.

4 months ago - Business Wire

Top 2 Energy Stocks That May Fall Off A Cliff This Quarter

As of Aug. 1, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: TTI
4 months ago - Benzinga

Hess Midstream (HESM) Q2 EPS Jumps 25%

Hess Midstream (HESM 3.54%), a key provider of oil and gas infrastructure in the Bakken region, reported its second quarter 2025 results on July 30, 2025. The company delivered GAAP earnings per share...

4 months ago - The Motley Fool

Hess Midstream LP (HESM) Q2 2025 Earnings Call Transcript

Hess Midstream LP (HESM) Q2 2025 Earnings Call Transcript

4 months ago - Seeking Alpha

Hess Midstream HESM Q2 2025 Earnings Transcript

Image source: The Motley Fool.

4 months ago - The Motley Fool

Hess Midstream LP Reports Estimated Results for the Second Quarter of 2025

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2025 net income of $179.7 million compared with net income of $160.3 million ...

4 months ago - Business Wire

Hess Midstream LP Announces Changes to the Board of Directors and Leadership Transition

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND LEADERSHIP TRANSITION.

5 months ago - Business Wire

Hess Midstream LP Publishes Sustainability Report

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP PUBLISHES SUSTAINABILITY REPORT.

5 months ago - Business Wire