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

Key Points

• Hess Midstream Partners is expected to report Q3 2026 results before the market opens Monday, November 2. Analysts project earnings of $0.716 per share and revenue of $404.67 million.
• The company exceeded expectations in its latest quarter, reporting $0.75 EPS versus the $0.67 consensus and $399 million in revenue, although revenue declined 3.7% year over year.
• Analyst sentiment has weakened: HESM carries a consensus “Reduce” rating and a $34 price target, while shares recently traded at $30.61, near their 52-week low of $29.52.

Hess Midstream Partners (NYSE:HESM - Get Free Report) is projected to post its Q3 2026 results before the market opens on Monday, November 2nd. Analysts expect the company to announce earnings of $0.7160 per share and revenue of $404.67 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Monday, November 2, 2026 at 10:00 AM ET.

Hess Midstream Partners (NYSE:HESM - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The company reported $0.75 EPS for the quarter, topping analysts' consensus estimates of $0.67 by $0.08. The company had revenue of $399.00 million for the quarter, compared to analyst estimates of $395.96 million. Hess Midstream Partners had a return on equity of 92.18% and a net margin of 23.23%. The business's revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.74 earnings per share. On average, analysts expect Hess Midstream Partners to post $3.29 EPS for the current fiscal year and $3.06 EPS for the next fiscal year.

Hess Midstream Partners Price Performance

Hess Midstream Partners stock opened at $30.61 on Monday. The business's fifty day moving average is $37.31 and its two-hundred day moving average is $38.34. The company has a debt-to-equity ratio of 9.39, a quick ratio of 0.77 and a current ratio of 0.77. The firm has a market cap of $6.31 billion, a P/E ratio of 10.56 and a beta of 0.58. Hess Midstream Partners has a 52 week low of $29.52 and a 52 week high of $41.44.

Analysts Set New Price Targets

A number of research analysts recently issued reports on HESM shares. JPMorgan Chase & Co. cut Hess Midstream Partners from a "neutral" rating to an "underweight" rating and set a $39.00 price target for the company. in a report on Friday, October 2nd. Citigroup reduced their price target on shares of Hess Midstream Partners from $37.00 to $33.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 13th. Weiss Ratings lowered shares of Hess Midstream Partners from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday. Barclays set a $32.00 price objective on shares of Hess Midstream Partners in a research report on Friday. Finally, Morgan Stanley lowered their price objective on shares of Hess Midstream Partners from $39.00 to $30.00 and set an "underweight" rating for the company in a research report on Tuesday, October 13th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $34.00.

Hess Midstream Partners Company Profile

Hess Midstream Partners LP NYSE: HESM is a midstream energy company that owns and operates infrastructure supporting oil and gas production, primarily in the Bakken and Three Forks shale plays of North Dakota. The company provides essential services between the wellhead and downstream markets rather than exploring for or producing hydrocarbons itself.

Its operations include gathering, processing, storage and transportation services for crude oil, natural gas and natural gas liquids. Hess Midstream also provides produced-water gathering and disposal services, helping manage water generated during oil and gas production.

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