Hess Midstream LP (HESM)

NYSE: HESM · IEX Real-Time Price · USD
30.05
0.49 (1.66%)
May 16, 2022 4:00 PM EDT - Market closed
Market Cap7.92B
Revenue (ttm)1.23B
Net Income (ttm)54.70M
Shares Out263.64M
EPS (ttm)1.82
PE Ratio16.47
Forward PE6.30
Dividend$2.08 (6.92%)
Ex-Dividend DateMay 4, 2022
Volume309,777
Open29.60
Previous Close29.56
Day's Range29.76 - 30.53
52-Week Range22.33 - 35.71
Beta1.82
AnalystsBuy
Price Target34.94 (+16.3%)
Earnings DateApr 27, 2022

About HESM

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil ...

IndustryOil, Gas & Consumable Fuels
Founded2014
Employees196
Stock ExchangeNYSE
Ticker SymbolHESM
Full Company Profile

Financial Performance

In 2021, HESM's revenue was $1.20 billion, an increase of 10.25% compared to the previous year's $1.09 billion. Earnings were $46.40 million, an increase of 93.33%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is 34.94, which is an increase of 16.27% from the latest price.

Price Target
$34.94
(16.27% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hess Midstream LP to Participate in Investor Conferences

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP to Participate in Investor Conferences

2 weeks ago - Business Wire

Hess Midstream LP Reports Estimated Results for the First Quarter Of 2022

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported first quarter 2022 net income of $159.6 million compared with net income of $159.6 million for the fi...

2 weeks ago - Business Wire

Hess Midstream LP Increases Distribution Per Share Level by 5%, Reiterates Annual Targeted Distribution Growth Per Cl...

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Increases Distribution Per Share Level by 5%, Reiterates Annual Targeted Distribution Growth Per Class a Share From New Level

3 weeks ago - Business Wire

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Schedules Earnings Release Conference Call

1 month ago - Business Wire

Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030

HOUSTON--(BUSINESS WIRE)--Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030

1 month ago - Business Wire

Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2030

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES DUE 2030

1 month ago - Business Wire

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

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Upsizing and Pricing of Secondary Public Offering of Class A Shares

1 month ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $400 Million Sponsor Unit Repurchase

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Signing of Accretive $400 Million Sponsor Unit Repurchase

1 month ago - Business Wire

Hess Midstream LP Announces Secondary Public Offering of Class A Shares

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Secondary Public Offering of Class A Shares

1 month ago - Business Wire

How to Play the Rising Price of Oil

With the price of oil top of mind for many investors, let's take a look at how a couple of the energy stocks stack up in my Portfolio Grader. The post How to Play the Rising Price of Oil appeared first ...

Other symbols:XOM
2 months ago - InvestorPlace

Hess Midstream LP Announces Filing of 2021 Annual Report on Form 10-K

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Filing of 2021 Annual Report on Form 10-K

2 months ago - Business Wire

Hess Midstream LP Reiterates First Quarter and 2022 Annual Guidance

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reiterated its first quarter and full-year 2022 guidance, which includes approximately 95% minimum volume comm...

2 months ago - Business Wire

Hess Midstream LP to Participate in Fireside Chat With Morgan Stanley and Alerian

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP to Participate in Fireside Chat With Morgan Stanley and Alerian

3 months ago - Business Wire

3 Great Dividend Stocks You Can Buy for Less Than $50 a Share

Investors don't have to shell out a fortune to own shares of these reliable income-producing companies.

Other symbols:CAGREYN
3 months ago - The Motley Fool

Hess Midstream LP Releases Inaugural Sustainability Report

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP RELEASES INAUGURAL SUSTAINABILITY REPORT

3 months ago - Business Wire

Hess Midstream LP Reports Estimated Results for the Fourth Quarter Of 2021

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported fourth quarter 2021 net income of $165.1 million compared with net income of $132.3 million for the f...

3 months ago - Business Wire

Hess Midstream LP Announces 2022 Guidance

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP ANNOUNCES 2022 GUIDANCE

3 months ago - Business Wire

Hess Midstream LP Announces Increased Quarterly Distribution

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Increased Quarterly Distribution

3 months ago - Business Wire

7 of the Best Oil Stocks for 2022 to Buy Now

Should the economic recovery narrative skip past omicron and market crash fears, these oil stocks could be big beneficiaries. The post 7 of the Best Oil Stocks for 2022 to Buy Now appeared first on Inve...

Other symbols:COPCVIDENDVNENLCXOM
4 months ago - InvestorPlace

Secret Santa Stocks to Surprise You This Christmas

Medallion Financial (MFIN), Summit Hotel (INN), Hess Midstream Partners (HESM), LouisianaPacific (LPX), and Microchip Technology (MCHP) could be Secret Santas that could surprise investors with big retu...

Other symbols:INNLPXMCHPMFIN
4 months ago - Zacks Investment Research

Hess Midstream LP to Participate in Wells Fargo Midstream, Utility & Renewables Symposium

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP to Participate in Wells Fargo Midstream, Utility & Renewables Symposium

5 months ago - Business Wire

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2021

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE:HESM) (“Hess Midstream”) today reported third quarter 2021 net income of $131.1 million compared with net income of $115.8 million for the thi...

6 months ago - Business Wire

New Strong Buy Stocks for October 22nd

APA, SBLK, DVN, TOL, and HESM have been added to the Zacks Rank #1 (Strong Buy) List on October 22, 2021.

Other symbols:APADVNSBLKTOL
6 months ago - Zacks Investment Research

Why Oil and Gas Stocks Slumped on Wednesday

Multiple developments sent oil and gas prices crashing, but investors should look at the big picture.

Other symbols:CDEVCLBREITELL
7 months ago - The Motley Fool

5 High-Yield Dividend Stocks That Are Must-Buys Right Now

Wall Street has entered a troublesome stretch and an array of factors are impacting the market. Thus, it's wise to invest in dividend players like Vector Group (VGR) & Redwood Trust (RWT) now.

Other symbols:APAMGAINRWTVGR
8 months ago - Zacks Investment Research