Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD
35.00
+0.14 (0.40%)
At close: Sep 26, 2025, 4:00 PM EDT
34.89
-0.11 (-0.31%)
After-hours: Sep 26, 2025, 7:34 PM EDT
0.40%
Market Cap 7.35B
Revenue (ttm) 1.57B
Net Income (ttm) 290.90M
Shares Out 210.06M
EPS (ttm) 2.69
PE Ratio 13.02
Forward PE 11.56
Dividend $2.95 (8.42%)
Ex-Dividend Date Aug 7, 2025
Volume 2,060,696
Open 34.85
Previous Close 34.86
Day's Range 34.81 - 35.38
52-Week Range 33.59 - 44.14
Beta 0.63
Analysts Hold
Price Target 43.14 (+23.26%)
Earnings Date Oct 29, 2025

About HESM

Hess Midstream LP owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess 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 systems consists of approximately 1,415 miles of high and low pressure natural gas and natural gas liquids gathering pi... [Read more]

Sector Energy
Founded 2014
Employees 220
Stock Exchange NYSE
Ticker Symbol HESM
Full Company Profile

Financial Performance

In 2024, Hess Midstream LP's revenue was $1.50 billion, an increase of 10.89% compared to the previous year's $1.35 billion. Earnings were $223.10 million, an increase of 88.11%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for HESM stock is "Hold." The 12-month stock price target is $43.14, which is an increase of 23.26% from the latest price.

Price Target
$43.14
(23.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hess Midstream: Growth Fears Create Opportunity

Hess Midstream LP shares plunged after Chevron reduced drilling, leading to lower growth guidance and a 10% stock drop. Despite muted growth, HESM's minimum volume commitments and strong contract stru...

7 days ago - Seeking Alpha

Hess Midstream Cuts Outlook As Chevron Scales Back Bakken Drilling

Hess Midstream LP HESM on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp CVX in the Bakken beginning in the fourth qua...

Other symbols: CVX
8 days ago - Benzinga

Hess Midstream LP Announces Updated Guidance

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Updated Guidance.

9 days ago - Business Wire

August's 5 Dividend Growth Stocks With Yields Up To 8%

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5 weeks ago - Seeking Alpha

Hess Midstream: Chevron Clarity Nears (Downgrade)

Hess Midstream continues to deliver strong financial results, with robust volume growth, high margins, and a reliable, inflation-linked contract structure. The recent Chevron acquisition of Hess incre...

6 weeks ago - Seeking Alpha

Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public.

7 weeks ago - Business Wire

Top 2 Energy Stocks That May Fall Off A Cliff This Quarter

As of Aug. 1, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: TTI
2 months ago - Benzinga

Hess Midstream LP (HESM) Q2 2025 Earnings Call Transcript

Hess Midstream LP (HESM) Q2 2025 Earnings Call Transcript

2 months ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the Second Quarter of 2025

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported second quarter 2025 net income of $179.7 million compared with net income of $160.3 million ...

2 months ago - Business Wire

Hess Midstream LP Announces Distribution Per Share Level Increase

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.

2 months ago - Business Wire

Hess Midstream LP Announces Changes to the Board of Directors and Leadership Transition

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES CHANGES TO THE BOARD OF DIRECTORS AND LEADERSHIP TRANSITION.

2 months ago - Business Wire

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Schedules Earnings Release Conference Call.

2 months ago - Business Wire

Hess Midstream LP Publishes Sustainability Report

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP PUBLISHES SUSTAINABILITY REPORT.

2 months ago - Business Wire

Golden Buying Opportunity For Big Dividend Investors: 8-9% Yields Set To Soar

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3 months ago - Seeking Alpha

Wall Street's Most Accurate Analysts Spotlight On 3 Energy Stocks With Over 7% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: ETMPLX
4 months ago - Benzinga

Hess Midstream LP Announces Updated Governance

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES UPDATED GOVERNANCE.

4 months ago - Business Wire

Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.

4 months ago - Business Wire

Hess Midstream LP Announces Secondary Public Offering of Class A Shares

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.

4 months ago - Business Wire

Hess Midstream LP to Participate in May and June Conferences

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN MAY AND JUNE CONFERENCES.

5 months ago - Business Wire

7%+ Yields With Stress-Free Dividend Growth For An Early Retirement

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Other symbols: CVXEPDHESXOM
5 months ago - Seeking Alpha

Hess Midstream LP Announces Signing of Accretive $200 Million Repurchase From Sponsors and the Public

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $200 MILLION REPURCHASE FROM SPONSORS AND THE PUBLIC.

5 months ago - Business Wire

Hess Midstream LP (HESM) Q1 2025 Earnings Conference Call Transcript

Hess Midstream LP (NYSE:HESM) Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President and COO Jonathan Stein - CFO Conferenc...

5 months ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the First Quarter of 2025

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “company”) today reported first quarter 2025 net income of $161.4 million compared with net income of $161.9...

5 months ago - Business Wire

Forget Gold, Buy Dividends - 3 Great Places To Buy Income

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5 months ago - Seeking Alpha

April's 5 Dividend Growth Stocks With Yields Up To 11.99%

With recent tariffs announced, it makes it a more interesting time to screen for dividend growth stocks, which can offer some stable returns during times of uncertainty. The screening we use looks at ...

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5 months ago - Seeking Alpha