Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD
39.57
+0.25 (0.64%)
At close: Apr 10, 2026, 4:00 PM EDT
39.30
-0.27 (-0.68%)
After-hours: Apr 10, 2026, 7:32 PM EDT
Market Cap8.22B -17.2%
Revenue (ttm)1.62B +8.4%
Net Income352.90M +58.2%
EPS2.86 +14.9%
Shares Out 207.69M
PE Ratio13.84
Forward PE13.56
Dividend$3.06 (7.72%)
Ex-Dividend DateFeb 5, 2026
Volume923,022
Open39.37
Previous Close39.32
Day's Range39.31 - 39.68
52-Week Range31.63 - 44.14
Beta0.55
AnalystsHold
Price Target41.57 (+5.05%)
Earnings DateMay 4, 2026

About HESM

Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, 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 system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural ga... [Read more]

Sector Energy
Founded 2014
Employees 195
Stock Exchange NYSE
Ticker Symbol HESM
Full Company Profile

Financial Performance

In 2025, Hess Midstream LP's revenue was $1.62 billion, an increase of 8.41% compared to the previous year's $1.50 billion. Earnings were $352.90 million, an increase of 58.18%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for HESM stock is "Hold." The 12-month stock price target is $41.57, which is an increase of 5.05% from the latest price.

Price Target
$41.57
(5.05% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Schedules Earnings Release Conference Call.

3 days ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $60 Million Repurchase From Sponsor and the Public

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $60 MILLION REPURCHASE FROM SPONSOR AND THE PUBLIC.

5 weeks ago - Business Wire

Hess Midstream LP Announces Filing of 2025 Annual Report on Form 10-K

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Filing of 2025 Annual Report on Form 10-K.

6 weeks ago - Business Wire

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

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported fourth quarter 2025 net income of $168.0 million compared with net income of $172....

2 months 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.

2 months ago - Business Wire

Hess Midstream LP Announces 2026 Guidance, Extends Return of Capital Program

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES 2026 GUIDANCE, EXTENDS RETURN OF CAPITAL PROGRAM.

4 months ago - Business Wire

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...

5 months ago - Business Wire

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
6 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
6 months ago - Benzinga

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
7 months ago - Benzinga

Hess Midstream LP Announces Updated Guidance

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

7 months ago - Business Wire

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.

8 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
9 months ago - Benzinga

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 ...

9 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.

9 months ago - Business Wire

Hess Midstream LP Publishes Sustainability Report

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

9 months ago - Business Wire

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks With Over 7% 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: ETMPLX
11 months ago - Benzinga

Hess Midstream LP Announces Updated Governance

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES UPDATED GOVERNANCE.

11 months ago - Business Wire

Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.

11 months ago - Business Wire

Hess Midstream LP Announces Secondary Public Offering of Class A Shares

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.

11 months ago - Business Wire

Hess Midstream LP to Participate in May and June Conferences

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN MAY AND JUNE CONFERENCES.

1 year ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $200 Million Repurchase From Sponsors and the Public

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $200 MILLION REPURCHASE FROM SPONSORS AND THE PUBLIC.

1 year ago - Business Wire

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

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “company”) today reported first quarter 2025 net income of $161.4 million compared with net income of $161.9...

1 year ago - Business Wire

Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K.

1 year ago - Business Wire

Hess Midstream LP to Participate in Morgan Stanley Energy & Power Conference

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN MORGAN STANLEY ENERGY & POWER CONFERENCE.

1 year ago - Business Wire