Hess Midstream LP (HESM)

Market Cap	8.34B
Revenue (ttm)	1.40B
Net Income (ttm)	142.50M
Shares Out	223.55M
EPS (ttm)	2.20
PE Ratio	16.96
Forward PE	13.00
Dividend	$2.61 (6.98%)
Ex-Dividend Date	May 1, 2024

Volume	504,222
Open	37.47
Previous Close	37.21
Day's Range	37.05 - 37.60
52-Week Range	27.57 - 39.11
Beta	1.50
Analysts	Buy
Price Target	36.83 (-1.31%)
Earnings Date	Jul 31, 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

Financial Performance

In 2023, HESM'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 6 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is $36.83, which is a decrease of -1.31% from the latest price.

Price Target

$36.83

(-1.31% downside)

Analyst Consensus: Buy