Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
33.43
+0.10 (0.30%)
At close: Oct 8, 2025, 4:00 PM EDT
33.79
+0.36 (1.08%)
Pre-market: Oct 9, 2025, 4:00 AM EDT

Hess Midstream LP Statistics

Total Valuation

HESM has a market cap or net worth of $7.02 billion. The enterprise value is $10.73 billion.

Market Cap7.02B
Enterprise Value 10.73B

Important Dates

The next estimated earnings date is Wednesday, October 29, 2025, before market open.

Earnings Date Oct 29, 2025
Ex-Dividend Date Aug 7, 2025

Share Statistics

HESM has 210.06 million shares outstanding. The number of shares has increased by 48.14% in one year.

Current Share Class 131.08M
Shares Outstanding 210.06M
Shares Change (YoY) +48.14%
Shares Change (QoQ) +9.93%
Owned by Insiders (%) 0.16%
Owned by Institutions (%) 89.44%
Float 130.42M

Valuation Ratios

The trailing PE ratio is 12.44 and the forward PE ratio is 11.36.

PE Ratio 12.44
Forward PE 11.36
PS Ratio 2.29
Forward PS 3.89
PB Ratio 6.90
P/TBV Ratio 11.06
P/FCF Ratio 10.54
P/OCF Ratio 7.29
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.11, with an EV/FCF ratio of 16.10.

EV / Earnings 36.89
EV / Sales 6.83
EV / EBITDA 9.11
EV / EBIT 11.04
EV / FCF 16.10

Financial Position

The company has a current ratio of 0.71, with a Debt / Equity ratio of 7.32.

Current Ratio 0.71
Quick Ratio 0.70
Debt / Equity 7.32
Debt / EBITDA 3.15
Debt / FCF 5.57
Interest Coverage 4.51

Financial Efficiency

Return on equity (ROE) is 148.96% and return on invested capital (ROIC) is 15.03%.

Return on Equity (ROE) 148.96%
Return on Assets (ROA) 14.34%
Return on Invested Capital (ROIC) 15.03%
Return on Capital Employed (ROCE) 23.10%
Revenue Per Employee $7.14M
Profits Per Employee $1.32M
Employee Count220
Asset Turnover 0.37
Inventory Turnover n/a

Taxes

In the past 12 months, HESM has paid $93.60 million in taxes.

Income Tax 93.60M
Effective Tax Rate 12.13%

Stock Price Statistics

The stock price has decreased by -7.40% in the last 52 weeks. The beta is 0.54, so HESM's price volatility has been lower than the market average.

Beta (5Y) 0.54
52-Week Price Change -7.40%
50-Day Moving Average 39.26
200-Day Moving Average 39.22
Relative Strength Index (RSI) 21.18
Average Volume (20 Days) 1,850,960

Short Selling Information

The latest short interest is 6.33 million, so 3.01% of the outstanding shares have been sold short.

Short Interest 6.33M
Short Previous Month 7.29M
Short % of Shares Out 3.01%
Short % of Float 4.85%
Short Ratio (days to cover) 5.23

Income Statement

In the last 12 months, HESM had revenue of $1.57 billion and earned $290.90 million in profits. Earnings per share was $2.69.

Revenue1.57B
Gross Profit 1.21B
Operating Income 972.30M
Pretax Income 771.50M
Net Income 290.90M
EBITDA 1.18B
EBIT 972.30M
Earnings Per Share (EPS) $2.69
Full Income Statement

Balance Sheet

The company has $4.50 million in cash and $3.71 billion in debt, giving a net cash position of -$3.71 billion or -$17.66 per share.

Cash & Cash Equivalents 4.50M
Total Debt 3.71B
Net Cash -3.71B
Net Cash Per Share -$17.66
Equity (Book Value) 507.60M
Book Value Per Share 4.84
Working Capital -62.60M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $962.70 million and capital expenditures -$296.30 million, giving a free cash flow of $666.40 million.

Operating Cash Flow 962.70M
Capital Expenditures -296.30M
Free Cash Flow 666.40M
FCF Per Share $3.17
Full Cash Flow Statement

Margins

Gross margin is 76.99%, with operating and profit margins of 61.91% and 18.52%.

Gross Margin 76.99%
Operating Margin 61.91%
Pretax Margin 49.12%
Profit Margin 18.52%
EBITDA Margin 75.03%
EBIT Margin 61.91%
FCF Margin 42.43%

Dividends & Yields

This stock pays an annual dividend of $2.95, which amounts to a dividend yield of 8.82%.

Dividend Per Share $2.95
Dividend Yield 8.82%
Dividend Growth (YoY) 10.17%
Years of Dividend Growth 8
Payout Ratio 105.39%
Buyback Yield -48.14%
Shareholder Yield -39.32%
Earnings Yield 4.14%
FCF Yield 9.49%
Dividend Details

Analyst Forecast

The average price target for HESM is $42.25, which is 26.38% higher than the current price. The consensus rating is "Hold".

Price Target $42.25
Price Target Difference 26.38%
Analyst Consensus Hold
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 1.50%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Altman Z-Score n/a
Piotroski F-Score 5