Hess Midstream LP (HESM)

Hess Midstream LP Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	4.5	4.3	5.4	3.1	2.2	2.6
Cash & Short-Term Investments	4.5	4.3	5.4	3.1	2.2	2.6
Cash Growth	-95.48%	-20.37%	74.19%	40.91%	-15.38%	-21.21%
Accounts Receivable	144	138.9	124.4	123	120.3	93.2
Receivables	144	138.9	124.4	123	120.3	93.2
Other Current Assets	2.4	6.2	7	6.2	10.6	5.6
Total Current Assets	150.9	149.4	136.8	132.3	133.1	101.4
Property, Plant & Equipment	3,345	3,325	3,229	3,173	3,125	3,111
Long-Term Investments	84.8	87	90.2	93.9	101.6	108.4
Long-Term Deferred Tax Assets	837.3	582.6	324.4	177.2	117.3	42.5
Long-Term Deferred Charges	-	5.3	7.4	9.5	6.9	9.3
Other Long-Term Assets	5.4	1.3	1.5	2.5	1.7	1.6
Total Assets	4,423	4,151	3,790	3,588	3,486	3,375
Accounts Payable	76.6	89.4	79.7	62.7	26.9	30
Accrued Expenses	75.7	80.1	74.5	69.5	59.8	50.4
Current Portion of Long-Term Debt	27.5	22.5	12.5	2.5	20	10
Other Current Liabilities	33.7	27.3	43.5	24.8	64.2	34.6
Total Current Liabilities	213.5	219.3	210.2	159.5	170.9	125
Long-Term Debt	3,687	3,449	3,199	2,883	2,544	1,900
Long-Term Deferred Tax Liabilities	0.5	0.5	0.5	0.5	0.4	-
Other Long-Term Liabilities	14.6	16.5	16.7	16.1	17.7	23.4
Total Liabilities	3,916	3,686	3,426	3,059	2,733	2,049
Common Stock	635	530.7	340.2	245.1	204.1	125
Total Common Equity	635	530.7	340.2	245.1	204.1	125
Minority Interest	-127.4	-65.4	23	283.9	549	1,201
Shareholders' Equity	507.6	465.3	363.2	529	753.1	1,326
Total Liabilities & Equity	4,423	4,151	3,790	3,588	3,486	3,375
Total Debt	3,714	3,472	3,211	2,886	2,564	1,910
Net Cash (Debt)	-3,710	-3,468	-3,206	-2,883	-2,561	-1,908
Net Cash Per Share	-34.54	-38.96	-56.94	-69.63	-99.66	-105.39
Filing Date Shares Outstanding	131.08	116.74	79.87	44	33.67	18.03
Total Common Shares Outstanding	131.08	104.09	68.37	44	33.67	18.03
Working Capital	-62.6	-69.9	-73.4	-27.2	-37.8	-23.6
Book Value Per Share	4.84	5.10	4.98	5.57	6.06	6.93
Tangible Book Value	635	530.7	340.2	245.1	204.1	125
Tangible Book Value Per Share	4.84	5.10	4.98	5.57	6.06	6.93
Buildings	182.3	182.3	182.3	182.3	182.3	182.3
Machinery	1,552	1,537	1,455	1,351	1,237	1,207
Construction In Progress	313.3	250.1	136.3	136.3	131.6	227.3

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q