Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
38.70
-0.12 (-0.31%)
Jun 8, 2026, 2:09 PM EDT - Market open

Hess Midstream LP Statistics

Total Valuation

HESM has a market cap or net worth of $7.98 billion. The enterprise value is $11.74 billion.

Market Cap7.98B
Enterprise Value 11.74B

Important Dates

The last earnings date was Monday, May 4, 2026, before market open.

Earnings Date May 4, 2026
Ex-Dividend Date May 7, 2026

Share Statistics

HESM has 206.18 million shares outstanding. The number of shares has increased by 30.47% in one year.

Current Share Class 128.35M
Shares Outstanding 206.18M
Shares Change (YoY) +30.47%
Shares Change (QoQ) -0.15%
Owned by Insiders (%) 0.17%
Owned by Institutions (%) 92.73%
Float 127.68M

Valuation Ratios

The trailing PE ratio is 13.44 and the forward PE ratio is 13.72.

PE Ratio 13.44
Forward PE 13.72
PS Ratio 4.89
Forward PS 4.88
PB Ratio 9.62
P/TBV Ratio 15.39
P/FCF Ratio 10.02
P/OCF Ratio 7.70
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.54, with an EV/FCF ratio of 14.75.

EV / Earnings 31.82
EV / Sales 7.20
EV / EBITDA 9.54
EV / EBIT 11.64
EV / FCF 14.75

Financial Position

The company has a current ratio of 0.92, with a Debt / Equity ratio of 10.06.

Current Ratio 0.92
Quick Ratio 0.89
Debt / Equity 10.06
Debt / EBITDA 3.07
Debt / FCF 4.74
Interest Coverage 4.49

Financial Efficiency

Return on equity (ROE) is 153.41% and return on invested capital (ROIC) is 20.57%.

Return on Equity (ROE) 153.41%
Return on Assets (ROA) 14.70%
Return on Invested Capital (ROIC) 20.57%
Return on Capital Employed (ROCE) 24.39%
Weighted Average Cost of Capital (WACC) 6.40%
Revenue Per Employee $8.36M
Profits Per Employee $1.89M
Employee Count195
Asset Turnover 0.38
Inventory Turnover n/a

Taxes

In the past 12 months, HESM has paid $119.00 million in taxes.

Income Tax 119.00M
Effective Tax Rate 14.88%

Stock Price Statistics

The stock price has decreased by -0.69% in the last 52 weeks. The beta is 0.51, so HESM's price volatility has been lower than the market average.

Beta (5Y) 0.51
52-Week Price Change -0.69%
50-Day Moving Average 38.69
200-Day Moving Average 36.60
Relative Strength Index (RSI) 49.12
Average Volume (20 Days) 1,794,507

Short Selling Information

The latest short interest is 8.29 million, so 4.02% of the outstanding shares have been sold short.

Short Interest 8.29M
Short Previous Month 7.55M
Short % of Shares Out 4.02%
Short % of Float 6.50%
Short Ratio (days to cover) 2.94

Income Statement

In the last 12 months, HESM had revenue of $1.63 billion and earned $368.90 million in profits. Earnings per share was $2.88.

Revenue1.63B
Gross Profit 1.26B
Operating Income 1.01B
Pretax Income 799.90M
Net Income 368.90M
EBITDA 1.23B
EBIT 1.01B
Earnings Per Share (EPS) $2.88
Full Income Statement

Balance Sheet

The company has $4.60 million in cash and $3.77 billion in debt, with a net cash position of -$3.77 billion or -$18.27 per share.

Cash & Cash Equivalents 4.60M
Total Debt 3.77B
Net Cash -3.77B
Net Cash Per Share -$18.27
Equity (Book Value) 374.80M
Book Value Per Share 4.04
Working Capital -15.40M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.03 billion and capital expenditures -$238.90 million, giving a free cash flow of $795.80 million.

Operating Cash Flow 1.03B
Capital Expenditures -238.90M
Depreciation & Amortization 221.10M
Net Borrowing 190.00M
Free Cash Flow 795.80M
FCF Per Share $3.86
Full Cash Flow Statement

Margins

Gross margin is 77.26%, with operating and profit margins of 61.91% and 22.64%.

Gross Margin 77.26%
Operating Margin 61.91%
Pretax Margin 49.09%
Profit Margin 22.64%
EBITDA Margin 75.48%
EBIT Margin 61.91%
FCF Margin 48.84%

Dividends & Yields

This stock pays an annual dividend of $3.12, which amounts to a dividend yield of 8.05%.

Dividend Per Share $3.12
Dividend Yield 8.05%
Dividend Growth (YoY) 9.84%
Years of Dividend Growth 9
Payout Ratio 105.37%
Buyback Yield -30.46%
Shareholder Yield -22.40%
Earnings Yield 4.63%
FCF Yield 9.98%
Dividend Details

Analyst Forecast

The average price target for HESM is $36.83, which is -4.83% lower than the current price. The consensus rating is "Hold".

Price Target $36.83
Price Target Difference -4.83%
Analyst Consensus Hold
Analyst Count 7
Revenue Growth Forecast (3Y) 2.62%
EPS Growth Forecast (3Y) 4.06%
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 7