Hess Midstream LP (HESM)
Market Cap | 6.49B |
Revenue (ttm) | 1.28B |
Net Income (ttm) | 83.90M |
Shares Out | 239.85M |
EPS (ttm) | 2.01 |
PE Ratio | 13.45 |
Forward PE | 12.95 |
Dividend | $2.24 (8.27%) |
Ex-Dividend Date | Feb 1, 2023 |
Volume | 211,253 |
Open | 26.48 |
Previous Close | 26.77 |
Day's Range | 26.20 - 27.09 |
52-Week Range | 24.33 - 34.99 |
Beta | 1.59 |
Analysts | Buy |
Price Target | 34.48 (+27.52%) |
Earnings Date | Apr 26, 2023 |
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 ... [Read more]
Financial Performance
In 2022, HESM's revenue was $1.28 billion, an increase of 5.93% compared to the previous year's $1.20 billion. Earnings were $83.90 million, an increase of 80.82%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for HESM stock is "Buy." The 12-month stock price forecast is $34.48, which is an increase of 27.52% from the latest price.
News

Hess Midstream LP Announces Filing of 2022 Annual Report on Form 10-K
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES FILING OF 2022 ANNUAL REPORT ON FORM 10-K

Hess Midstream LP Announces 2023 Guidance and Return of Capital Framework Through 2025
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today provided 2023 financial and operational guidance and expectations for 2024 and 2025.

Hess Midstream LP Reports Estimated Results for the Fourth Quarter Of 2022
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported fourth quarter 2022 net income of $149.8 million compared with net income of $165.1 million for the fourth ...

Hess Midstream LP Announces Increased Quarterly Distribution
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced that the Board of Directors of its general partner declared a quarterly cash distribution of $0.5696 per ...

Hess Midstream LP Schedules Earnings Release Conference Call
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that it will hold a conference call on Wednesday, January 25, 2023, at 12:00 p.m. Eastern Time to discuss ...

Hess Midstream LP to Participate in Wells Fargo Midstream & Utilities Symposium
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that representatives of Hess Midstream will meet with investors at the Wells Fargo 21st Annual Midstream &...

Hess Midstream LP Publishes Sustainability Report
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) today announced publication of its 2021 Sustainability Report as part of its commitment to transparency about environmental, social and gover...

Hess Midstream LP to Participate in Scotiabank Energy Infrastructure Conference
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) announced today that Jonathan Stein, Chief Financial Officer, and Jennifer Gordon, Vice President, Investor Relations, wil...

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2022
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP REPORTS ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2022

Hess Midstream LP to Participate in Investor Conferences
HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN INVESTOR CONFERENCES

Hess Midstream LP Reports Estimated Results for the Second Quarter Of 2022
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported second quarter 2022 net income of $151.8 million compared with net income of $162.0 million for the...

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Hess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables Conference
HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN J.P. MORGAN ENERGY, POWER & RENEWABLES CONFERENCE

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 ...

Hess Midstream LP Increases Distribution Per Share Level by 5%, Reiterates Annual Targeted Distribution Growth Per Class A Share From New Level
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

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

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

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

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

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

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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

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 co...