Next earnings date: 28 Oct 2025

Hess Midstream LP – NYSE:HESM

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$41.25

+4.71

+12.89%

Market closed

Open in about 1 hour

-4.09%

month

-4.09%

quarter

+14.91%

year

Market Cap	7.88B
Enterprise value	11.44B

P/E	17.86
EV/Sales	7.86
EV/EBITDA	10.44
Price/Sales	5.47
Price/Book	7.69
PEG ratio	-0.43
EPS	2.2

Revenue	1.39B
EBITDA	954.1M
Income	142.5M
Revenue Q/Q	16.59%
Revenue Y/Y	10.22%

Profit margin	13.06%
Oper. margin	60.85%
Gross margin	62.59%
EBIT margin	60.85%
EBITDA margin	68.28%

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10 years history
Forward ratios (Analysts estimates)

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Hess Midstream LP (NYSE:HESM): Profit margin
Jun 2023	324M	25.1M	7.75%
Sep 2023	361.3M	35.3M	9.77%
Dec 2023	356.5M	37.5M	10.52%
Mar 2024	355.6M	44.6M	12.54%

Hess Midstream LP Financials Estimate

Q Y

Hess Midstream LP (NYSE:HESM): Analyst Estimates
Sep 2025	433.14M	54.05M	12.48%
Oct 2025	424.23M	59.29M	13.98%
Dec 2025	434.64M	60.94M	14.02%
Mar 2026	444.59M	74.76M	16.82%

Analysts Price target
Financials & Ratios estimates

Hess Midstream LP (NYSE:HESM): Earnings per share (EPS)
2024-10-30	0.66	0.63

Dividends

Paying a dividend greater than earnings.

Hess Midstream LP (NYSE:HESM): Payout ratio
Payout ratio	108.41%

Hess Midstream LP (NYSE:HESM): Dividend Yield
2019	6.9%
2020	8.97%
2021	6.98%
2022	7.36%
2023	7.17%

HESM dividends history

Hess Midstream LP (NYSE:HESM): Debt to assets
Jun 2023	3659700000	3.22B	88.12%
Sep 2023	3775500000	3.33B	88.21%
Dec 2023	3789500000	3.42B	90.42%
Mar 2024	3862800000	3.48B	90.12%

Hess Midstream LP (NYSE:HESM): Cash Flow
Jun 2023	204.6M	-43M	-162.2M
Sep 2023	215.5M	-52.7M	-162.5M
Dec 2023	247.6M	-63.5M	-182M
Mar 2024	185.3M	-54.8M	-131.69M

Hess Midstream LP alternative data

Hess Midstream LP (NYSE:HESM): Employee count
Aug 2023	176
Sep 2023	176
Oct 2023	176
Nov 2023	176
Dec 2023	176
Jan 2024	176
Feb 2024	176
Mar 2024	176
Apr 2024	176
May 2024	176
Jun 2024	176
Jul 2024	176

Hess Midstream LP
Insider Trading

Hess Midstream LP (NYSE:HESM): Insider trades (number of shares)
Period	Buy	Sel
Aug 2023	0	11500000
Feb 2024	0	11500000
Mar 2024	0	2231
Jun 2024	0	1500000

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	3 Jun 2024	GLOBAL INFRASTRUCTURE INVESTORS II, LLC director, 10 perce.. director, 10 percent owner:	Class A Shares	1,500,000	$34.03	$51,037,500
Sale	13 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	Class A Shares	2,231	$35.78	$79,825
Option	8 Mar 2024	LETWIN STEPHEN J J director director	Class A Shares	2,299	N/A	N/A
Option	8 Mar 2024	LETWIN STEPHEN J J director director	2023 Phantom Shares	2,299	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	Class A Shares	2,947	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	Class A Shares	2,486	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	Class A Shares	3,721	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	2023 Phantom Shares	2,947	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	2022 Phantom Shares	2,486	N/A	N/A
Option	8 Mar 2024	GATLING JOHN A. officer: President and COO officer: President and COO	2021 Phantom Shares	3,721	N/A	N/A

HESM insider trading transactions

Hess Midstream LP
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 25 Apr 2024	Q1 2024 Earnings Call Transcript
Q4 2023 31 Jan 2024	Q4 2023 Earnings Call Transcript
Q2 2023 26 Jul 2023	Q2 2023 Earnings Call Transcript
Q1 2023 26 Apr 2023	Q1 2023 Earnings Call Transcript

HESM earnings call transcripts

Hess Midstream LP
Latest News

Thursday, 19 December 2024
16:15	Hess Midstream LP to Participate in Investor Conferences	businesswire.com
Monday, 9 December 2024
17:21	Hess Midstream LP Publishes Sustainability Report	businesswire.com
08:20	Why 5 Ultra-High-Yield Dividend Energy MLPs Could Be Biggest Trump Trade Winners	247wallst.com
Tuesday, 3 December 2024
16:15	Hess Midstream LP to Participate in Wells Fargo Annual Midstream, Energy & Utilities Symposium	businesswire.com
Thursday, 31 October 2024
13:17	16 Upcoming Dividend Increases	seekingalpha.com
Wednesday, 30 October 2024
15:20	Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript	seekingalpha.com
08:00	Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024	businesswire.com
Monday, 28 October 2024
16:15	Hess Midstream LP Announces Distribution Per Share Level Increase	businesswire.com
Friday, 18 October 2024
09:59	October's 5 Dividend Growth Stocks With 5.10%+ Yields	seekingalpha.com
Friday, 11 October 2024
12:51	3 Midstream Stocks Poised to Benefit as Geopolitical Tensions Rise	zacks.com
Wednesday, 9 October 2024
16:15	Hess Midstream LP Schedules Earnings Release Conference Call	businesswire.com
Friday, 4 October 2024
07:37	Midstream Energy - Relative Quality	seekingalpha.com
Wednesday, 25 September 2024
08:19	Oil Near 18-Month Low and Ultra-High-Yield Energy MLPs Are On Sale	247wallst.com
Wednesday, 18 September 2024
22:31	Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares	businesswire.com
16:17	Hess Midstream LP Announces Secondary Public Offering of Class A Shares	businesswire.com
Tuesday, 10 September 2024
08:00	Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase	businesswire.com
Saturday, 10 August 2024
06:58	3 Energy Stocks Positioned for Major Breakthroughs in 2024	investorplace.com
Friday, 26 July 2024
11:27	7 Upcoming Dividend Increases Including A King	seekingalpha.com
Saturday, 13 July 2024
09:00	Our Top 10 Dividend Growth Stocks: July 2024	seekingalpha.com
Tuesday, 9 July 2024
10:41	Is Hess Midstream Partners (HESM) Stock Outpacing Its Oils-Energy Peers This Year?	zacks.com
Tuesday, 25 June 2024
08:00	Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase	businesswire.com
Sunday, 23 June 2024
07:20	6 Ultra-High Yield Energy MLPs to Buy Now and One Yields Over 15%	247wallst.com
Tuesday, 18 June 2024
12:02	June's 5 Dividend Growth Stocks With 5.02%+ Yields	seekingalpha.com
Sunday, 16 June 2024
09:00	Our Top 10 Dividend Growth Stocks - June 2024	seekingalpha.com
Thursday, 6 June 2024
16:15	Hess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables Conference	businesswire.com
Wednesday, 29 May 2024
22:00	Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares	businesswire.com
16:27	Hess Midstream LP Announces Secondary Public Offering of Class A Shares	businesswire.com
Saturday, 18 May 2024
09:00	Our Top 10 Dividend Growth Stocks - May 2024	seekingalpha.com
Wednesday, 8 May 2024
07:36	Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2029	businesswire.com
Wednesday, 1 May 2024
18:30	Hess Midstream LP to Participate in Investor Conferences	Business Wire

Ideas & Opinions

Seeking Alpha 3 Jul 2025

Hess Midstream: Deal Or No Deal, Shareholders Win
Seeking Alpha 29 Jan 2025

MoneyShow's Best Investment Ideas For 2025: Part 7
Seeking Alpha 29 Jan 2024

Hess Midstream: A 7%-Yielding Billionaire-Like Income Play
Seeking Alpha 24 Oct 2023

Chevron: Hess Deal Is A Smart Move
Seeking Alpha 4 Oct 2023

Hess Midstream Looks Well Positioned For 2024
Seeking Alpha 26 Aug 2023

Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors
Seeking Alpha 22 Jun 2023

Hess Midstream: Growing Value Through Dividend Increases And Share Repurchases
Seeking Alpha 27 Apr 2023

Hess: The Ship Has Arrived
Seeking Alpha 9 Feb 2023

Hess Midstream: There For The Cash
Seeking Alpha 9 Jan 2023

Hess Midstream: Top Performing Pipeline Stock Over The Last 5 Years

Frequently Asked Questions (FAQ)

What's the price of Hess Midstream LP stock today?

One share of Hess Midstream LP stock can currently be purchased for approximately $41.25.
When is Hess Midstream LP's next earnings date?

Hess Midstream LP is estimated to report earnings on Tuesday, 28 Oct 2025.
Does Hess Midstream LP pay dividends?

Yes, Hess Midstream LP pays dividends and its trailing 12-month yield is 7.22% with 108% payout ratio.It means that the company is paying a dividend greater than earnings. The last Hess Midstream LP stock dividend of $0.52 was paid on 14 Feb 2022.
How much money does Hess Midstream LP make?

Hess Midstream LP has a market capitalization of 7.88B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5.76% to 1.35B US dollars. Hess Midstream LP earned 118.6M US dollars in net income (profit) last year or $0.63 on an earnings per share basis.
What is Hess Midstream LP's stock symbol?

Hess Midstream LP is traded on the NYSE under the ticker symbol "HESM".
What is Hess Midstream LP's primary industry?

Company operates in the Energy sector and Oil & Gas Midstream industry.
How do i buy shares of Hess Midstream LP?

Shares of Hess Midstream LP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
How many employees does Hess Midstream LP have?

As Jul 2024, Hess Midstream LP employs 176 workers.
When Hess Midstream LP went public?

Hess Midstream LP is publicly traded company for more then 8 years since IPO on 5 Apr 2017.
What is Hess Midstream LP's official website?

The official website for Hess Midstream LP is hessmidstream.com.
Where are Hess Midstream LP's headquarters?

Hess Midstream LP is headquartered at 1501 McKinney Street, Houston, TX.
How can i contact Hess Midstream LP?

Hess Midstream LP's mailing address is 1501 McKinney Street, Houston, TX and company can be reached via phone at +7 134964200.

Hess Midstream LP

hessmidstream.com

Exchange:

NYSE

Full time employees:

176

Industry:

Oil & Gas Midstream

Sector:

Energy

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

+7 134964200

1501 McKinney Street
Houston, TX 77010

CIK: 0001789832
ISIN: US4281031058
CUSIP: 428103105