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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.5	4.3	5.4	3.1	2.2	2.6
Cash & Short-Term Investments	5.5	4.3	5.4	3.1	2.2	2.6
Cash Growth	-46.60%	-20.37%	74.19%	40.91%	-15.38%	-21.21%
Accounts Receivable	150.5	138.9	124.4	123	120.3	93.2
Receivables	150.5	138.9	124.4	123	120.3	93.2
Prepaid Expenses	8.2	-	-	-	-	-
Other Current Assets	4	6.2	7	6.2	10.6	5.6
Total Current Assets	168.2	149.4	136.8	132.3	133.1	101.4
Property, Plant & Equipment	3,376	3,325	3,229	3,173	3,125	3,111
Long-Term Investments	84.5	87	90.2	93.9	101.6	108.4
Long-Term Deferred Tax Assets	804	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	4.7	1.3	1.5	2.5	1.7	1.6
Total Assets	4,438	4,151	3,790	3,588	3,486	3,375
Accounts Payable	93.4	89.4	79.7	62.7	26.9	30
Accrued Expenses	74	80.1	74.5	69.5	59.8	50.4
Current Portion of Long-Term Debt	30	22.5	12.5	2.5	20	10
Other Current Liabilities	26.9	27.3	43.5	24.8	64.2	34.6
Total Current Liabilities	224.3	219.3	210.2	159.5	170.9	125
Long-Term Debt	3,765	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	21.5	16.5	16.7	16.1	17.7	23.4
Total Liabilities	4,011	3,686	3,426	3,059	2,733	2,049
Common Stock	572.5	530.7	340.2	245.1	204.1	125
Total Common Equity	572.5	530.7	340.2	245.1	204.1	125
Minority Interest	-146	-65.4	23	283.9	549	1,201
Shareholders' Equity	426.5	465.3	363.2	529	753.1	1,326
Total Liabilities & Equity	4,438	4,151	3,790	3,588	3,486	3,375
Total Debt	3,795	3,472	3,211	2,886	2,564	1,910
Net Cash (Debt)	-3,789	-3,468	-3,206	-2,883	-2,561	-1,908
Net Cash Per Share	-32.48	-38.96	-56.94	-69.63	-99.66	-105.39
Filing Date Shares Outstanding	129.39	116.74	79.87	44	33.67	18.03
Total Common Shares Outstanding	129.38	104.09	68.37	44	33.67	18.03
Working Capital	-56.1	-69.9	-73.4	-27.2	-37.8	-23.6
Book Value Per Share	4.43	5.10	4.98	5.57	6.06	6.93
Tangible Book Value	572.5	530.7	340.2	245.1	204.1	125
Tangible Book Value Per Share	4.43	5.10	4.98	5.57	6.06	6.93
Buildings	182.3	182.3	182.3	182.3	182.3	182.3
Machinery	1,628	1,537	1,455	1,351	1,237	1,207
Construction In Progress	215.9	250.1	136.3	136.3	131.6	227.3

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

SEC Filings: 10-K · 10-Q