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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6.1	4.3	5.4	3.1	2.2	2.6
Cash & Short-Term Investments	6.1	4.3	5.4	3.1	2.2	2.6
Cash Growth	45.24%	-20.37%	74.19%	40.91%	-15.38%	-21.21%
Accounts Receivable	140.7	138.9	124.4	123	120.3	93.2
Receivables	140.7	138.9	124.4	123	120.3	93.2
Other Current Assets	3.3	6.2	7	6.2	10.6	5.6
Total Current Assets	150.1	149.4	136.8	132.3	133.1	101.4
Property, Plant & Equipment	3,324	3,325	3,229	3,173	3,125	3,111
Long-Term Investments	85.5	87	90.2	93.9	101.6	108.4
Long-Term Deferred Tax Assets	697.5	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	6.1	1.3	1.5	2.5	1.7	1.6
Total Assets	4,264	4,151	3,790	3,588	3,486	3,375
Accounts Payable	65.2	89.4	79.7	62.7	26.9	30
Accrued Expenses	70.6	80.1	74.5	69.5	59.8	50.4
Current Portion of Long-Term Debt	25	22.5	12.5	2.5	20	10
Other Current Liabilities	25.3	27.3	43.5	24.8	64.2	34.6
Total Current Liabilities	186.1	219.3	210.2	159.5	170.9	125
Long-Term Debt	3,547	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	17.3	16.5	16.7	16.1	17.7	23.4
Total Liabilities	3,751	3,686	3,426	3,059	2,733	2,049
Common Stock	601.3	530.7	340.2	245.1	204.1	125
Total Common Equity	601.3	530.7	340.2	245.1	204.1	125
Minority Interest	-88.4	-65.4	23	283.9	549	1,201
Shareholders' Equity	512.9	465.3	363.2	529	753.1	1,326
Total Liabilities & Equity	4,264	4,151	3,790	3,588	3,486	3,375
Total Debt	3,572	3,472	3,211	2,886	2,564	1,910
Net Cash (Debt)	-3,566	-3,468	-3,206	-2,883	-2,561	-1,908
Net Cash Per Share	-36.42	-38.96	-56.94	-69.63	-99.66	-105.39
Filing Date Shares Outstanding	116.78	116.74	79.87	44	33.67	18.03
Total Common Shares Outstanding	116.78	104.09	68.37	44	33.67	18.03
Working Capital	-36	-69.9	-73.4	-27.2	-37.8	-23.6
Book Value Per Share	5.15	5.10	4.98	5.57	6.06	6.93
Tangible Book Value	601.3	530.7	340.2	245.1	204.1	125
Tangible Book Value Per Share	5.15	5.10	4.98	5.57	6.06	6.93
Buildings	182.3	182.3	182.3	182.3	182.3	182.3
Machinery	1,539	1,537	1,455	1,351	1,237	1,207
Construction In Progress	279.6	250.1	136.3	136.3	131.6	227.3

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q