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Hess Midstream LP HESM

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Price alert · HESM

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32.44 USD -0.27 -0.83%

At close · Nov 2

32.58 +0.14 +0.43%

After hours · Nov 2, 5:56 PM ET

Bid
32.44 × 200
Ask
32.54 × 1,500
32.10 Day range 32.80
29.52 52-week range 41.44
YTD
-5.97%
1 year
-4.45%
Open
32.52
Prev close
32.71
Mkt cap
6.69B
Vol
2.72M
Avg vol
2.00M
EPS
2.92
P/E
11.11
Div yield
9.76%
More statistics
Low
32.10
High
32.80
Forward P/E
11.70
Beta
0.65
Short ratio
5.29
Inst. own
89.80%
Dividend
3.19
Ex-div date
Nov 4, 2026
Earnings
Feb 1, 2027
50-d avg
36.52
200-d avg
37.97
1y target
33.43

3M chart

Chart tools
Interval

Events in this range
  • Aug 3, 2026Earnings: 0.75; estimate 0.672; surprise 11.61%
  • Aug 6, 2026Dividend: 0.7888
  • Oct 2, 2026Downgrade: JP Morgan · Neutral → Underweight
  • Oct 13, 2026Rating: Morgan Stanley · Underweight → Underweight
  • Oct 13, 2026Rating: UBS · Neutral → Neutral
  • Oct 13, 2026Rating: Citigroup · Neutral → Neutral
  • Oct 23, 2026Rating: Raymond James · Market Perform → Outperform
  • Oct 30, 2026Earnings: 0.77; estimate 0.716; surprise 7.54%
Signals (24)
NameDateAgo
MACD: Buy SignalOct 27, 20266 days ago
RSI: OversoldOct 7, 20263 weeks ago
RSI: OversoldSep 30, 20261 month ago
SMA: BearishSep 21, 20261 month ago
SMA: BearishSep 21, 20261 month ago
SMA: BullishSep 17, 20261 month ago
SMA: BullishSep 17, 20261 month ago
MACD: Sell SignalSep 15, 20261 month ago
SMA: BearishSep 14, 20261 month ago
SMA: BearishSep 11, 20261 month ago
SMA: BullishSep 8, 20261 month ago
SMA: BearishSep 3, 20262 months ago
MACD: Buy SignalSep 1, 20262 months ago
SMA: BullishAug 31, 20262 months ago
SMA: BearishAug 27, 20262 months ago
SMA: BullishAug 26, 20262 months ago
SMA: BullishAug 26, 20262 months ago
SMA: BearishAug 20, 20262 months ago
SMA: BearishAug 19, 20262 months ago
SMA: BullishAug 18, 20262 months ago
SMA: BearishAug 17, 20262 months ago
SMA: BullishAug 14, 20262 months ago
SMA: BearishAug 13, 20262 months ago
MACD: Sell SignalAug 4, 20263 months ago

Key statistics

Market cap
6.69B
Enterprise value
7.75B
Trailing P/E
11.11
Forward P/E
11.70
PEG ratio
0.00
Price / sales
4.14
Price / book
8.09
EPS (TTM)
2.92
Beta
0.65
Dividend yield
9.76%
Payout ratio
104.66%
Profit margin
23.23%
Revenue (TTM)
1.61B
Revenue growth
-3.70%
Free cash flow
499.41M
Total cash
5.00M
Total debt
3.68B
Return on equity
150.71%
Shares outstanding
128.35M
Short % of float
13.09%
50-day average
36.52
200-day average
37.97

Analyst view

Consensus: underperform

Underperform
Price target (mean) 33.43 +3.0% upside
Target (low)
30.00
Target (mean)
33.43
Target (high)
40.00
Ratings (0m) 7 1 buy · 3 hold · 3 sell
  • Strong buy1
  • Buy0
  • Hold3
  • Sell2
  • Strong sell1

Next earnings

Feb 1, 2027

Expected Feb 1, 2027. Consensus EPS estimate 0.94876.

Earnings history

Financials — quick view

All financials
HESM Revenue — quarterly 399.00M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
HESM Net income — quarterly 96.40M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
HESM EPS — quarterly 0.75
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

HESM recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Feb 1, 2027Dec 30, 20260.906———
Oct 30, 2026Sep 30, 20260.7160.77+0.05+7.54%
Aug 3, 2026Jun 30, 20260.6720.75+0.08+11.61%
May 4, 2026Mar 31, 20260.650.68+0.03+4.62%
Feb 2, 2026Dec 31, 20250.7230.720.00-0.41%
Nov 3, 2025Sep 30, 20250.7310.75+0.02+2.60%

Upgrades / downgrades

HESM analyst upgrades and downgrades
DateFirmActionFromTo
Oct 23, 2026Raymond JamesupMarket PerformOutperform
Oct 13, 2026CitigroupmainNeutralNeutral
Oct 13, 2026UBSmainNeutralNeutral
Oct 13, 2026Morgan StanleymainUnderweightUnderweight
Oct 2, 2026JP MorgandownNeutralUnderweight
Jun 10, 2026Morgan StanleydownEqual-WeightUnderweight

About Hess Midstream LP

Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson's Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Sector
Energy
Industry
Oil & Gas Midstream
Country
United States

News

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Insider holders

HESM insider holders
InsiderRelationLatest transactionDateShares held
BAST MICHAELPresidentConversion of Exercise of derivative securityMar 5, 20263,352
BLACKROCK PORTFOLIO MANAGEMENT LLCBeneficial Owner of more than 10% of a Class of SecuritySaleMay 29, 20250
GATLING JOHN APresidentConversion of Exercise of derivative securitySep 25, 202513,904
LETWIN STEPHEN J JDirectorConversion of Exercise of derivative securityMar 5, 202632,423
NIEMIEC DAVID WDirectorConversion of Exercise of derivative securityMar 5, 202650,527
REDDY JOHN PATRICKDirectorConversion of Exercise of derivative securityMar 5, 202624,437

Institution ownership

HESM institution ownership
Holder% heldSharesValueReported
Alps Advisors Inc.22.79%29,254,074949.29MJun 29, 2026
Goldman Sachs Group Inc6.54%8,389,537272.24MJun 29, 2026
Invesco Ltd.5.87%7,535,978244.54MJun 29, 2026
Mirae Asset Global ETFs Holdings Ltd.5.50%7,055,800228.96MJun 29, 2026
Blackstone Inc4.51%5,786,130187.76MJun 29, 2026
Bank Of New York Mellon Corporation3.68%4,720,992153.20MJun 29, 2026

Fund ownership

HESM fund ownership
Holder% heldSharesValueReported
ALPS ETF TRUST-ALERIAN MLP ETF23.11%29,658,269962.41MAug 30, 2026
GLOBAL X FUNDS-Global X MLP ETF4.25%5,449,040176.82MSep 29, 2026
BNY Mellon ETF Trust-BNY Mellon Global Infrastructure Income ETF3.01%3,860,293125.27MSep 29, 2026
GOLDMAN SACHS TRUST-Goldman Sachs MLP Energy Infrastructure Fund2.79%3,582,817116.26MAug 30, 2026
AIM Investment Fd.s -Invesco SteelPath MLP Income Fd.2.57%3,300,000107.09MMay 30, 2026
AIM Investment Fd.s -Invesco SteelPath MLP Select 40 Fd.1.40%1,794,35558.23MMay 30, 2026
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