Hess Midstream Partners (HESM) Expected to Release Earnings on Monday

Key Points

• Hess Midstream Partners is expected to report Q2 2026 earnings before the market opens on August 3. Analysts forecast earnings of $0.672 per share on revenue of approximately $396 million.
• In the previous quarter, the company reported $0.68 EPS and $390.1 million in revenue, exceeding analyst estimates; revenue increased 2.1% year over year.
• Analyst sentiment remains cautious, with a consensus “Reduce” rating and an average price target of $38.86, below the stock’s recent $40.67 price.

Hess Midstream Partners (NYSE:HESM - Get Free Report) will likely be posting its Q2 2026 results before the market opens on Monday, August 3rd. Analysts expect the company to post earnings of $0.6720 per share and revenue of $395.9590 million for the quarter. Individuals can check the company's upcoming Q2 2026 earning report for the latest details on the call scheduled for Monday, August 3, 2026 at 10:00 AM ET.

Hess Midstream Partners (NYSE:HESM - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.65 by $0.03. The company had revenue of $390.10 million for the quarter, compared to analysts' expectations of $389.51 million. Hess Midstream Partners had a return on equity of 84.47% and a net margin of 22.64%.Hess Midstream Partners's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.65 EPS. On average, analysts expect Hess Midstream Partners to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Hess Midstream Partners Stock Performance

NYSE:HESM opened at $40.67 on Monday. The business has a 50 day moving average of $38.77 and a 200 day moving average of $37.98. The company has a market capitalization of $8.38 billion, a price-to-earnings ratio of 14.07 and a beta of 0.53. Hess Midstream Partners has a 1-year low of $31.63 and a 1-year high of $44.14. The company has a debt-to-equity ratio of 9.97, a current ratio of 0.92 and a quick ratio of 0.92.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HESM. Geneos Wealth Management Inc. raised its holdings in Hess Midstream Partners by 14.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company's stock worth $92,000 after purchasing an additional 300 shares in the last quarter. Larson Financial Group LLC boosted its stake in shares of Hess Midstream Partners by 668.5% during the 3rd quarter. Larson Financial Group LLC now owns 3,074 shares of the company's stock valued at $106,000 after purchasing an additional 2,674 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Hess Midstream Partners during the third quarter valued at about $160,000. US Bancorp DE purchased a new position in shares of Hess Midstream Partners during the third quarter valued at about $173,000. Finally, Kestra Advisory Services LLC bought a new position in Hess Midstream Partners in the fourth quarter worth about $174,000. 98.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have commented on HESM shares. Weiss Ratings reissued a "buy (b)" rating on shares of Hess Midstream Partners in a research note on Wednesday, June 24th. Morgan Stanley reaffirmed an "underweight" rating and set a $39.00 target price on shares of Hess Midstream Partners in a report on Tuesday, July 21st. Finally, The Goldman Sachs Group cut shares of Hess Midstream Partners from a "neutral" rating to a "sell" rating and set a $32.00 target price on the stock. in a research report on Monday, April 20th. One research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Hess Midstream Partners has a consensus rating of "Reduce" and an average price target of $38.86.

Hess Midstream Partners Company Profile

Hess Midstream Partners LP, formerly traded on the New York Stock Exchange under the ticker HESM, is a midstream energy partnership that owns, operates and develops crude oil, natural gas and produced water infrastructure in the Williston Basin. The company’s assets include crude oil gathering and transportation systems, saltwater disposal wells, natural gas processing and fractionation plants, and associated pipeline and storage facilities. Its integrated network is designed to support upstream production by providing gathering, processing, storage and marketing services for hydrocarbons and produced water.

Headquartered in Houston, Texas, Hess Midstream Partners primarily serves producers operating in North Dakota and Montana’s Bakken Shale region.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.