Hess Midstream LP (HESM)

Market Cap	8.30B
Revenue (ttm)	1.35B
Net Income (ttm)	118.60M
Shares Out	237.81M
EPS (ttm)	2.08
PE Ratio	16.78
Forward PE	12.63
Dividend	$2.61 (7.47%)
Ex-Dividend Date	May 1, 2024

Volume	872,048
Open	35.01
Previous Close	34.94
Day's Range	34.51 - 35.25
52-Week Range	26.86 - 36.84
Beta	1.49
Analysts	Buy
Price Target	35.57 (+1.89%)
Earnings Date	Apr 25, 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 7 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is $35.57, which is an increase of 1.89% from the latest price.

Price Target

$35.57

(1.89% upside)

Analyst Consensus: Buy