Hess Midstream LP (HESM)
| Market Cap | 8.37B -4.3% |
| Revenue (ttm) | 1.61B +2.8% |
| Net Income | 375.00M +28.9% |
| EPS | 2.90 +7.7% |
| Shares Out | 206.18M |
| PE Ratio | 14.03 |
| Forward PE | 14.00 |
| Dividend | $3.16 (7.93%) |
| Ex-Dividend Date | Aug 6, 2026 |
| Volume | 1,463,820 |
| Open | 40.02 |
| Previous Close | 39.80 |
| Day's Range | 40.00 - 40.78 |
| 52-Week Range | 31.63 - 42.22 |
| Beta | 0.50 |
| Analysts | Sell |
| Price Target | 37.33 (-8.1%) |
| Earnings Date | Aug 3, 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]
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 StatementsAnalyst Summary
According to 7 analysts, the average rating for HESM stock is "Sell." The 12-month stock price target is $37.33, which is a decrease of -8.10% from the latest price.
News
Hess Midstream LP Earnings Call Transcript: Q2 2026
Q2 2026 saw strong operational execution, higher net income, and robust EBITDA margins above targets. Guidance for 2026 remains unchanged, with higher second-half volumes and continued focus on shareholder returns and debt reduction.
Hess Midstream LP Earnings release: Q2 2026
Hess Midstream LP released its Q2 2026 earnings on August 3, 2026, summarizing the period's financial results.
Hess Midstream LP Quarterly report: Q2 2026
Hess Midstream LP has published its Q2 2026 quarterly earnings report on August 3, 2026.
Hess Midstream LP reports Q2 EPS 75c, consensus 67c
Reports Q2 revenue $399M, consensus $395.96M. “In the second quarter of 2026, we continued to progress our operational priorities, executing a safe and efficient maintenance program while delivering o...
Hess Midstream LP Reports Estimated Results for the Second Quarter of 2026
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2026 net income of $173.7 million compared with net income of $179....
Midstream Operators Boost Payouts Into Q3 2026
The midstream energy sector continues to demonstrate its commitment to returning capital to shareholders. Major energy infrastructure companies recently announced sequential increases in payouts durin...
Hess Midstream LP raises quarterly cash distribution to 78.88c per share
Hess Midstream LP (HESM) announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.7888 per Class A share for the quarter ended June…
Hess Midstream LP Announces Distribution Per Share Level Increase
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Distribution Per Share Level Increase.
Hess Midstream LP price target raised to $39 from $38 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Hess Midstream LP (HESM) to $39 from $38 and keeps an Underweight rating on the shares. The firm adjusted estimates and targets…
Hess Midstream LP Schedules Earnings Release Conference Call
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Monday, August 3, 2026, at 10:00 a.m. Eastern Time to discuss its sec...
Hess Midstream LP downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded Hess Midstream LP (HESM) to Underweight from Equal Weight with a $38 price target Limited visibility into long-term growth and sponsor strategy are “likely to constrain upsid...
Hess Midstream LP price target lowered to $38 from $42 at Morgan Stanley
Morgan Stanley lowered the firm’s price target on Hess Midstream LP (HESM) to $38 from $42 and keeps an Equal Weight rating on the shares.
Hess Midstream LP Slides: Investor presentation
Hess Midstream LP has posted slides in relation to its latest quarterly earnings report, which was published on May 11, 2026.
Hess Midstream LP Earnings Call Transcript: Q1 2026
Q1 2026 saw strong operational execution despite weather impacts, with net income of $158M and adjusted EBITDA of $300M. CapEx guidance was reduced, free cash flow guidance raised, and shareholder returns increased, supported by stable contracts and Chevron's efficiencies.
Hess Midstream LP Earnings release: Q1 2026
Hess Midstream LP released its Q1 2026 earnings on May 4, 2026, summarizing the period's financial results.
Hess Midstream LP Quarterly report: Q1 2026
Hess Midstream LP has published its Q1 2026 quarterly earnings report on May 4, 2026.
Hess Midstream LP reports esimated Q1 EPS 68c, consensus 65c
Reports Q1 revenue $390.1M, consensus $389.51M. “In the first quarter, we continued to execute on our operational priorities and delivered on our financial strategy,” said Jonathan Stein, Chief Execut...
Hess Midstream LP increases quarterly distribution to 77.92c per share
On April 27, 2026, the Board of Directors of Hess Midstream’s General Partner declared a quarterly cash distribution of $0.7792 per Class A share for the first quarter of 2026,…
Hess Midstream LP sees FY26 capex $105M
Hess Midstream now expects total capital expenditures of approximately $105 million in 2026. Hess Midstream no longer expects to pay income tax in 2026 and does not expect to pay…
Hess Midstream LP Reports Estimated Results for the First Quarter of 2026
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported first quarter 2026 net income of $157.7 million compared with net income of $161.4...
Hess Midstream LP raises quarterly dividend to 77.9c per share from 76.4c
The quarterly distribution will be payable on May 14, 2026, to Class A shareholders of record as of the close of business on May 7, 2026.
Hess Midstream LP downgraded to Sell from Neutral at Goldman Sachs
Goldman Sachs analyst John Mackay downgraded Hess Midstream LP (HESM) to Sell from Neutral with a $32 price target implying 7% downside. The firm sees a more challenging risk/reward at…
Hess Midstream LP price target raised to $42 from $38 at Morgan Stanley
Morgan Stanley analyst Robert Kad raised the firm’s price target on Hess Midstream LP (HESM) to $42 from $38 and keeps an Equal Weight rating on the shares. In the…
Hess Midstream LP announces accretive $60M repurchase
Hess Midstream LP (HESM) announced an accretive $60M repurchase that included both Class B units of its subsidiary, Hess Midstream Operations, from an affiliate of Chevron (CVX), Hess Midstream’s spon...