Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD
42.88
-0.10 (-0.23%)
Mar 25, 2025, 4:00 PM EST - Market closed
-0.23%
Market Cap 9.89B
Revenue (ttm) 1.50B
Net Income (ttm) 223.10M
Shares Out 230.66M
EPS (ttm) 2.49
PE Ratio 17.22
Forward PE 13.54
Dividend $2.71 (6.31%)
Ex-Dividend Date Feb 6, 2025
Volume 875,198
Open 43.33
Previous Close 42.98
Day's Range 42.76 - 43.31
52-Week Range 32.75 - 44.05
Beta 1.44
Analysts Buy
Price Target 42.60 (-0.65%)
Earnings Date Apr 24, 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 Forecast

According to 5 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is $42.6, which is a decrease of -0.65% from the latest price.

Price Target
$42.6
(-0.65% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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21 days ago - Seeking Alpha

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.

26 days 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.

4 weeks ago - Business Wire

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

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

6 weeks 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.

6 weeks ago - Business Wire

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6 weeks ago - Seeking Alpha

Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2028

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2028.

7 weeks ago - Business Wire

Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2028

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES DUE 2028.

7 weeks ago - Business Wire

16 Upcoming Dividend Increases

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7 weeks ago - Seeking Alpha

Hess Midstream LP (HESM) Q4 2024 Earnings Call Transcript

Hess Midstream LP (NYSE:HESM) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference...

7 weeks ago - Seeking Alpha

MoneyShow's Best Investment Ideas For 2025: Part 7

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7 weeks ago - Seeking Alpha

Hess Midstream LP Announces 2025 Guidance, Extends Return of Capital Program Through 2027

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today provided financial and operational guidance and expectations. “We continue to successfully execute our strat...

7 weeks ago - Business Wire

Hess Midstream LP Reports Estimated Results for the Fourth Quarter of 2024

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported fourth quarter 2024 net income of $172.1 million compared with net income of $152....

7 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.

2 months ago - Business Wire

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP SCHEDULES EARNINGS RELEASE CONFERENCE CALL.

2 months ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced the execution of a definitive agreement providing for the repurchase of approximately $100 millio...

2 months ago - Business Wire

Hess Midstream LP to Participate in Investor Conferences

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN INVESTOR CONFERENCES.

3 months ago - Business Wire

Hess Midstream LP Publishes Sustainability Report

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) today announced publication of its 2023 Sustainability Report as part of its commitment to transparency about environmental, social and governa...

3 months ago - Business Wire

Hess Midstream LP to Participate in Wells Fargo Annual Midstream, Energy & Utilities Symposium

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN WELLS FARGO ANNUAL MIDSTREAM, ENERGY & UTILITIES SYMPOSIUM.

4 months ago - Business Wire

Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript

Hess Midstream LP (NYSE:HESM) Q3 2024 Results Conference Call October 30, 2024 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference ...

5 months ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported third quarter 2024 net income of $164.7 million compared with net income of $164.8...

5 months ago - Business Wire

October's 5 Dividend Growth Stocks With 5.10%+ Yields

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5 months ago - Seeking Alpha

Midstream Energy - Relative Quality

Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of...

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6 months ago - Seeking Alpha

Hess Midstream LP to Participate in Barclays CEO Energy-Power Conference

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN BARCLAYS CEO ENERGY-POWER CONFERENCE.

7 months ago - Business Wire

Hess Midstream LP (HESM) Q2 2024 Earnings Call Transcript

Hess Midstream LP. (NYSE:HESM) Q2 2024 Earnings Conference Call July 31, 2024 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference C...

8 months ago - Seeking Alpha