Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
40.62
+0.82 (2.06%)
Aug 10, 2026, 4:00 PM EDT - Market closed

Hess Midstream LP Statistics

Total Valuation

HESM has a market cap or net worth of $8.37 billion. The enterprise value is $12.05 billion.

Market Cap8.37B
Enterprise Value 12.05B

Important Dates

The last earnings date was Monday, August 3, 2026, before market open.

Earnings Date Aug 3, 2026
Ex-Dividend Date Aug 6, 2026

Share Statistics

HESM has 206.18 million shares outstanding. The number of shares has increased by 20.44% in one year.

Current Share Class 128.35M
Shares Outstanding 206.18M
Shares Change (YoY) +20.44%
Shares Change (QoQ) -0.62%
Owned by Insiders (%) 0.17%
Owned by Institutions (%) 89.72%
Float 125.91M

Valuation Ratios

The trailing PE ratio is 14.03 and the forward PE ratio is 14.00.

PE Ratio 14.03
Forward PE 14.00
PS Ratio 5.19
Forward PS 5.08
PB Ratio 10.13
P/TBV Ratio 16.27
P/FCF Ratio 10.00
P/OCF Ratio 8.08
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.74, with an EV/FCF ratio of 14.38.

EV / Earnings 32.13
EV / Sales 7.46
EV / EBITDA 9.74
EV / EBIT 12.03
EV / FCF 14.38

Financial Position

The company has a current ratio of 0.77, with a Debt / Equity ratio of 9.48.

Current Ratio 0.77
Quick Ratio 0.77
Debt / Equity 9.48
Debt / EBITDA 2.97
Debt / FCF 4.39
Interest Coverage 4.48

Financial Efficiency

Return on equity (ROE) is 150.71% and return on invested capital (ROIC) is 20.71%.

Return on Equity (ROE) 150.71%
Return on Assets (ROA) 14.43%
Return on Invested Capital (ROIC) 20.71%
Return on Capital Employed (ROCE) 24.72%
Weighted Average Cost of Capital (WACC) 6.44%
Revenue Per Employee $8.28M
Profits Per Employee $1.92M
Employee Count195
Asset Turnover 0.37
Inventory Turnover n/a

Taxes

In the past 12 months, HESM has paid $121.00 million in taxes.

Income Tax 121.00M
Effective Tax Rate 15.20%

Stock Price Statistics

The stock price has decreased by -2.45% in the last 52 weeks. The beta is 0.50, so HESM's price volatility has been lower than the market average.

Beta (5Y) 0.50
52-Week Price Change -2.45%
50-Day Moving Average 38.96
200-Day Moving Average 37.06
Relative Strength Index (RSI) 58.13
Average Volume (20 Days) 1,084,045

Short Selling Information

The latest short interest is 6.61 million, so 3.20% of the outstanding shares have been sold short.

Short Interest 6.61M
Short Previous Month 7.49M
Short % of Shares Out 3.20%
Short % of Float 5.25%
Short Ratio (days to cover) 6.63

Income Statement

In the last 12 months, HESM had revenue of $1.61 billion and earned $375.00 million in profits. Earnings per share was $2.90.

Revenue1.61B
Gross Profit 1.25B
Operating Income 1.00B
Pretax Income 795.90M
Net Income 375.00M
EBITDA 1.24B
EBIT 1.00B
Earnings Per Share (EPS) $2.90
Full Income Statement

Balance Sheet

The company has $5.00 million in cash and $3.68 billion in debt, with a net cash position of -$3.68 billion or -$17.82 per share.

Cash & Cash Equivalents 5.00M
Total Debt 3.68B
Net Cash -3.68B
Net Cash Per Share -$17.82
Equity (Book Value) 388.00M
Book Value Per Share 4.01
Working Capital -46.80M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.04 billion and capital expenditures -$198.60 million, giving a free cash flow of $837.80 million.

Operating Cash Flow 1.04B
Capital Expenditures -198.60M
Depreciation & Amortization 223.70M
Net Borrowing -44.50M
Free Cash Flow 837.80M
FCF Per Share $4.06
Full Cash Flow Statement

Margins

Gross margin is 77.55%, with operating and profit margins of 62.06% and 23.23%.

Gross Margin 77.55%
Operating Margin 62.06%
Pretax Margin 49.31%
Profit Margin 23.23%
EBITDA Margin 76.66%
EBIT Margin 62.06%
FCF Margin 51.90%

Dividends & Yields

This stock pays an annual dividend of $3.16, which amounts to a dividend yield of 7.77%.

Dividend Per Share $3.16
Dividend Yield 7.77%
Dividend Growth (YoY) 8.98%
Years of Dividend Growth 8
Payout Ratio 106.59%
Buyback Yield -20.44%
Shareholder Yield -12.51%
Earnings Yield 4.48%
FCF Yield 10.00%
Dividend Details

Analyst Forecast

The average price target for HESM is $37.33, which is -8.10% lower than the current price. The consensus rating is "Sell".

Price Target $37.33
Price Target Difference -8.10%
Analyst Consensus Sell
Analyst Count 7
Revenue Growth Forecast (3Y) 2.23%
EPS Growth Forecast (3Y) 3.73%
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 8