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Hess Midstream LP

HESM · NYSE

$30.67+$0.44 (+1.46%)TodayMarket closed ·
Prev close $30.23

About HESM

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 195 full-time employees. The company went IPO on 2017-04-05. The company owns oil, gas and produces water handling assets that are located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Its gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Its processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM4 Joint Venture, and mentor storage terminal. Its terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars, Johnson's Corner Header System, and other DAPL connections.

Employees
195
Headquarters
Houston, Texas
Listed
Apr 5, 2017
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Website
hessmidstream.gcs-web.com

HESM key statistics

Market cap
6.23B
Price-earnings ratio
10.42
Dividend yield
6.29%
Average volume
2.66M
Volume
2.12M
Open price
$30.44
High today
$30.78
Low today
$30.35
52 Week high
$41.44
52 Week low
$29.85

Hess Midstream LP (HESM) at a glance

Hess Midstream LP (HESM) last traded at $30.67, with a market cap of 6.23B, a price-to-earnings ratio of 10.42 and a dividend yield of 6.29%.

Today the stock has traded between $30.35 and $30.78. The current price is 1.1% above the day's low and 0.4% below its high.

Volume so far is 2.12M shares, below the average of 2.66M shares a day.

Over the past year Hess Midstream LP has ranged from $29.85 to $41.44, and now sits 7% of the way up that range.

Hess Midstream LP met or beat analyst EPS estimates in 5 of the last 8 quarters. In Q2 FY26 it reported $0.75 per share against an estimate of $0.6851.

The average analyst price target is $37.94, 23.7% above the current price, from 7 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

0%of 7 analyst ratings say Buy
  • Buy0.0%
  • Hold57.1%
  • Sell42.9%
Price target · 8 analystsAvg $37.94
Low
$33.33
Now
$30.67
High
$42.00

HESM earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 5 of the last 8 quarters, by 7.0% on average.

  1. Q3 FY24: reported $0.63 per share against an estimate of $0.6715
  2. Q4 FY24: reported $0.68 per share against an estimate of $0.6926
  3. Q1 FY25: reported $0.65 per share against an estimate of $0.6311
  4. Q2 FY25: reported $0.74 per share against an estimate of $0.679
  5. Q3 FY25: reported $0.75 per share against an estimate of $0.6815
  6. Q4 FY25: reported $0.72 per share against an estimate of $0.7289
  7. Q1 FY26: reported $0.68 per share against an estimate of $0.6586
  8. Q2 FY26: reported $0.75 per share against an estimate of $0.6851

HESM news

  • Kaustubh Bagalkote

    Why Is Chevron Stock Surging on Thursday?

  • Lekha Gupta

    Chevron Swaps Hess Midstream Stake for 50% Lower Bakken Costs — and a $200 Million Payment

  • Press releaseBusiness Wire

    Hess Midstream LP Announces Transformative Transaction Leading to New Independent Multi-basin Midstream Company

  • Press releaseBusiness Wire

    Chevron to Divest its Ownership Interests in Hess Midstream and DJ Basin Crude Midstream Assets

  • Avi Kapoor

    Jim Cramer Says Buy Carpenter Technology, Calls This IT Services Stock a 'Value Trap'

  • Press releaseBusiness Wire

    Hess Midstream LP Reports Estimated Results for the Second Quarter of 2026

  • Press releaseBusiness Wire

    Hess Midstream LP Announces Distribution Per Share Level Increase

  • Press releaseBusiness Wire

    Hess Midstream LP Schedules Earnings Release Conference Call

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.