Hess Midstream LP (HESM)

Market Cap	8.96B
Revenue (ttm)	1.46B
Net Income (ttm)	190.20M
Shares Out	218.00M
EPS (ttm)	2.37
PE Ratio	17.37
Forward PE	13.77
Dividend	$2.74 (6.67%)
Ex-Dividend Date	Nov 7, 2024

Volume	1,535,450
Open	41.25
Previous Close	41.28
Day's Range	40.96 - 41.61
52-Week Range	32.15 - 41.61
Beta	1.49
Analysts	Buy
Price Target	38.67 (-5.87%)
Earnings Date	Jan 29, 2025

About HESM

Hess Midstream LP owns, develops, operates, 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 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pi...

• Industry: Oil & Gas Midstream
• Sector: Energy
• Founded: 2014
• Employees: 211
• Stock Exchange: NYSE
• Ticker Symbol: HESM
• Website: https://www.hessmidstream.com

Financial Performance

In 2023, Hess Midstream LP's revenue was $1.35 billion, an increase of 5.76% compared to the previous year's $1.28 billion. Earnings were $118.60 million, an increase of 41.36%.

Analyst Forecast

According to 3 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is $38.67, which is a decrease of -5.87% from the latest price.

Price Target

$38.67

(-5.87% downside)

Analyst Consensus: Buy