Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
40.05
-0.68 (-1.67%)
At close: May 20, 2026, 4:00 PM EDT
40.41
+0.36 (0.90%)
After-hours: May 20, 2026, 7:02 PM EDT

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Gathering Revenue
871.10M870.60M799.10M
Gathering Revenue Growth
0.06%8.95%9.47%
Processing and Storage Revenue
620.60M620.00M577.70M
Processing and Storage Revenue Growth
0.10%7.32%15.15%
Terminaling and Export Revenue
137.70M130.70M118.70M
Terminaling and Export Revenue Growth
5.36%10.11%1.54%
Revenue (Total)
1.63B1.62B1.50B
Revenue (Total) Growth
0.50%8.41%10.89%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Oil and Gas Gathering Services Revenue
716.40M721.60M673.40M
Oil and Gas Gathering Services Revenue Growth
-0.72%7.16%6.25%
Processing and Storage Services Revenue
589.20M593.70M561.10M
Processing and Storage Services Revenue Growth
-0.76%5.81%13.13%
Terminaling and Export Services Revenue
132.90M126.30M114.80M
Terminaling and Export Services Revenue Growth
5.23%10.02%0.35%
Water Gathering and Disposal Services Revenue
133.90M132.00M118.50M
Water Gathering and Disposal Services Revenue Growth
1.44%11.39%26.20%
Third-Party Services Revenue
52.50M43.60M24.10M
Third-Party Services Revenue Growth
20.41%80.91%201.25%
Other Income
4.50M4.10M3.60M
Other Income Growth
9.76%13.89%44.00%
Revenue (Total)
1.63B1.62B1.50B
Revenue (Total) Growth
0.50%8.41%10.89%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Gathering Adjusted EBITDA
643.50M643.40M585.30M
Gathering Adjusted EBITDA Growth
0.02%9.93%9.65%
Processing and Storage Adjusted EBITDA
508.70M509.60M473.50M
Processing and Storage Adjusted EBITDA Growth
-0.18%7.62%15.43%
Terminaling and Export Adjusted EBITDA
102.30M94.40M86.80M
Terminaling and Export Adjusted EBITDA Growth
8.37%8.76%-0.11%
Operating Income (Other)
-245.70M-239.30M-226.60M
Operating Income (Total)
1.01B1.01B919.00M
Operating Income (Total) Growth
0.07%9.70%12.50%

Net Income

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Gathering Net Income
503.60M508.80M458.60M
Gathering Net Income Growth
-1.02%10.95%9.66%
Processing and Storage Net Income
445.00M447.60M414.40M
Processing and Storage Net Income Growth
-0.58%8.01%20.05%
Terminaling and Export Net Income
84.80M76.90M69.50M
Terminaling and Export Net Income Growth
10.27%10.65%-0.57%
Interest and Other Net Income
-352.50M-348.70M-283.50M

Capital Expenditures

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Gathering Capital Expenditures
189.50M231.40M270.20M
Gathering Capital Expenditures Growth
-18.11%-14.36%20.36%
Processing and Storage Capital Expenditures
17.30M15.10M17.60M
Processing and Storage Capital Expenditures Growth
14.57%-14.21%57.14%
Terminaling and Export Capital Expenditures
-1.00M700.00K
Terminaling and Export Capital Expenditures Growth
-42.86%-93.00%

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15
Gas Gathering Throughput Volume (MMcf/d)
458.00437.00
Gas Gathering Throughput Volume (MMcf/d) Growth
4.81%14.70%
Crude Oil Gathering Throughput Volume (MBbl/d)
121.00114.00
Crude Oil Gathering Throughput Volume (MBbl/d) Growth
6.14%14.00%
Gas Processing Throughput Volume (MMcf/d)
445.00420.00
Gas Processing Throughput Volume (MMcf/d) Growth
5.95%14.44%
Crude Oil Terminaling Throughput Volume (MBbl/d)
129.00123.00
Crude Oil Terminaling Throughput Volume (MBbl/d) Growth
4.88%6.96%
NGL Loading Throughput Volume (MBbl/d)
16.0014.00
NGL Loading Throughput Volume (MBbl/d) Growth
14.29%7.69%
Water Gathering Throughput Volume (MBbl/d)
131.00125.00
Water Gathering Throughput Volume (MBbl/d) Growth
4.80%31.58%
Updated May 7, 2026. Data Source: Fiscal.ai.