Hess Midstream Partners (HESM) Projected to Post Earnings on Monday

Key Points

• Hess Midstream Partners will report Q1 2026 results before the market opens on Monday, May 4, with analysts expecting $0.67 EPS and $389.88 million in revenue; the earnings call is scheduled for 10:00 AM ET.
• In the prior quarter the company posted $0.72 EPS on $374.5 million in revenue, with a net margin of 21.77% and ROE of 74.89%; analysts forecast about $3.00 EPS for both the current and next fiscal years.
• Analysts' consensus rating is Hold with an average target of $40.14, though opinions diverge — Goldman Sachs downgraded to a "sell" with a $32 target while Weiss Ratings upgraded to a "buy."

Hess Midstream Partners (NYSE:HESM - Get Free Report) is projected to release its Q1 2026 results before the market opens on Monday, May 4th. Analysts expect Hess Midstream Partners to post earnings of $0.67 per share and revenue of $389.8830 million for the quarter. Interested persons can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Monday, May 4, 2026 at 10:00 AM ET.

Hess Midstream Partners (NYSE:HESM - Get Free Report) last released its quarterly earnings results on Monday, February 2nd. The company reported $0.72 earnings per share for the quarter, hitting the consensus estimate of $0.72. Hess Midstream Partners had a net margin of 21.77% and a return on equity of 74.89%. The firm had revenue of $374.50 million during the quarter, compared to the consensus estimate of $419.16 million. During the same quarter in the prior year, the firm earned $0.68 EPS. The company's revenue for the quarter was up 2.1% on a year-over-year basis. 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 Down 0.0%

HESM opened at $37.34 on Monday. Hess Midstream Partners has a twelve month low of $31.63 and a twelve month high of $44.14. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 8.54. The company has a 50-day moving average price of $38.67 and a 200 day moving average price of $35.71. The company has a market cap of $7.75 billion, a PE ratio of 13.05 and a beta of 0.58.

Analysts Set New Price Targets

Several research firms recently weighed in on HESM. Weiss Ratings upgraded shares of Hess Midstream Partners from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, March 2nd. The Goldman Sachs Group downgraded shares of Hess Midstream Partners from a "neutral" rating to a "sell" rating and set a $32.00 price target for the company. in a research report on Monday, April 20th. Wells Fargo & Company upped their price target on shares of Hess Midstream Partners from $39.00 to $40.00 and gave the stock an "equal weight" rating in a research report on Friday, March 13th. Raymond James Financial downgraded shares of Hess Midstream Partners from an "outperform" rating to a "market perform" rating in a research report on Monday, January 5th. Finally, Zacks Research upgraded shares of Hess Midstream Partners from a "strong sell" rating to a "hold" rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Hess Midstream Partners presently has a consensus rating of "Hold" and an average target price of $40.14.

Institutional Trading of Hess Midstream Partners

A number of hedge funds have recently bought and sold shares of HESM. Adage Capital Partners GP L.L.C. acquired a new stake in Hess Midstream Partners in the 4th quarter valued at about $92,288,000. Balyasny Asset Management L.P. raised its holdings in Hess Midstream Partners by 179.8% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,209,075 shares of the company's stock valued at $46,561,000 after acquiring an additional 776,924 shares during the last quarter. Invesco Ltd. raised its holdings in Hess Midstream Partners by 10.7% in the 4th quarter. Invesco Ltd. now owns 6,619,868 shares of the company's stock valued at $228,385,000 after acquiring an additional 641,092 shares during the last quarter. Tudor Investment Corp ET AL raised its holdings in Hess Midstream Partners by 107.1% in the 4th quarter. Tudor Investment Corp ET AL now owns 912,515 shares of the company's stock valued at $31,482,000 after acquiring an additional 471,890 shares during the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in Hess Midstream Partners by 56.0% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,009,871 shares of the company's stock valued at $38,890,000 after acquiring an additional 362,376 shares during the last quarter. Institutional investors and hedge funds own 98.97% of the company's stock.

About Hess Midstream Partners

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.

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