Hess Midstream LP (HESM)

Market Cap	8.11B
Revenue (ttm)	1.46B
Net Income (ttm)	190.20M
Shares Out	220.82M
EPS (ttm)	2.37
PE Ratio	15.48
Forward PE	12.09
Dividend	$2.74 (7.48%)
Ex-Dividend Date	Nov 7, 2024

Volume	178,559
Open	36.40
Previous Close	36.07
Day's Range	36.40 - 36.75
52-Week Range	30.08 - 39.11
Beta	1.48
Analysts	Buy
Price Target	38.67 (+5.34%)
Earnings Date	Oct 30, 2024

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 an increase of 5.34% from the latest price.

Price Target

$38.67

(5.34% upside)

Analyst Consensus: Buy