Hess Midstream LP (HESM)
NYSE: HESM · IEX Real-Time Price · USD
34.32
-0.34 (-0.98%)
Apr 16, 2024, 4:00 PM EDT - Market closed

Hess Midstream LP Statistics

Total Valuation

HESM has a market cap or net worth of $8.16 billion. The enterprise value is $11.35 billion.

Market Cap 8.16B
Enterprise Value 11.35B

Important Dates

The next confirmed earnings date is Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Feb 7, 2024

Share Statistics

HESM has 237.81 million shares outstanding. The number of shares has increased by 35.99% in one year.

Shares Outstanding 237.81M
Shares Change (YoY) +35.99%
Shares Change (QoQ) -9.92%
Owned by Insiders (%) 1.45%
Owned by Institutions (%) 78.37%
Float 77.82M

Valuation Ratios

The trailing PE ratio is 16.50 and the forward PE ratio is 12.53. HESM's PEG ratio is 1.57.

PE Ratio 16.50
Forward PE 12.53
PS Ratio 6.04
Forward PS 5.34
PB Ratio 23.93
P/FCF Ratio 12.66
PEG Ratio 1.57
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.49, with an EV/FCF ratio of 17.65.

EV / Earnings 95.67
EV / Sales 8.41
EV / EBITDA 21.49
EV / EBIT 33.82
EV / FCF 17.65

Financial Position

The company has a current ratio of 0.65, with a Debt / Equity ratio of 9.44.

Current Ratio 0.65
Quick Ratio 0.62
Debt / Equity 9.44
Debt / EBITDA 6.08
Debt / FCF 5.00
Interest Coverage 1.87

Financial Efficiency

Return on equity (ROE) is 38.30% and return on invested capital (ROIC) is 17.43%.

Return on Equity (ROE) 38.30%
Return on Assets (ROA) 3.20%
Return on Capital (ROIC) 17.43%
Revenue Per Employee $6.39M
Profits Per Employee $562,085
Employee Count 211
Asset Turnover 0.36
Inventory Turnover n/a

Taxes

In the past 12 months, HESM has paid $37.90 million in taxes.

Income Tax 37.90M
Effective Tax Rate 24.22%

Stock Price Statistics

The stock price has increased by +20.76% in the last 52 weeks. The beta is 1.49, so HESM's price volatility has been higher than the market average.

Beta (1Y) 1.49
52-Week Price Change +20.76%
50-Day Moving Average 34.78
200-Day Moving Average 31.74
Relative Strength Index (RSI) 35.92
Average Volume (30 Days) 943,501

Short Selling Information

The latest short interest is 4.36 million, so 1.83% of the outstanding shares have been sold short.

Short Interest 4.36M
Short Previous Month 4.66M
Short % of Shares Out 1.83%
Short % of Float 5.61%
Short Ratio (days to cover) 5.27

Income Statement

In the last 12 months, HESM had revenue of $1.35 billion and earned $118.60 million in profits. Earnings per share was $2.08.

Revenue 1.35B
Gross Profit 1.04B
Operating Income 816.90M
Pretax Income 156.50M
Net Income 118.60M
EBITDA 528.00M
EBIT 335.50M
Earnings Per Share (EPS) $2.08
Full Income Statement

Balance Sheet

The company has $5.40 million in cash and $3.21 billion in debt, giving a net cash position of -$3.21 billion or -$13.48 per share.

Cash & Cash Equivalents 5.40M
Total Debt 3.21B
Net Cash -3.21B
Net Cash Per Share -$13.48
Equity / Book Value 340.20M
Book Value Per Share 1.43
Working Capital -73.40M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $866.40 million and capital expenditures -$223.50 million, giving a free cash flow of $642.90 million.

Operating Cash Flow 866.40M
Capital Expenditures -223.50M
Free Cash Flow 642.90M
FCF Per Share $11.44
Full Cash Flow Statement

Margins

Gross margin is 76.79%, with operating and profit margins of 60.57% and 8.79%.

Gross Margin 76.79%
Operating Margin 60.57%
Pretax Margin 11.60%
Profit Margin 8.79%
EBITDA Margin 39.15%
EBIT Margin 24.88%
FCF Margin 47.67%

Dividends & Yields

This stock pays an annual dividend of $2.54, which amounts to a dividend yield of 7.39%.

Dividend Per Share $2.54
Dividend Yield 7.39%
Dividend Growth (YoY) 8.97%
Years of Dividend Growth 7
Payout Ratio 121.98%
Buyback Yield -35.99%
Shareholder Yield -28.58%
Earnings Yield 1.46%
FCF Yield 7.90%
Dividend Details

Analyst Forecast

The average price target for HESM is $35.57, which is 3.64% higher than the current price. The consensus rating is "Buy".

Price Target $35.57
Price Target Difference 3.64%
Analyst Consensus Buy
Analyst Count 7
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 10.83%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date Dec 17, 2019
Split Type n/a
Split Ratio 1:1

Scores

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