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NYSE:HESM

Hess Midstream (HESM) Stock Price, News & Analysis

Hess Midstream logo
$37.12 -1.39 (-3.61%)
As of 03:59 PM Eastern

About Hess Midstream Stock (NYSE:HESM)

Key Stats

Today's Range
$36.68
$38.48
50-Day Range
$35.23
$43.87
52-Week Range
$32.75
$44.05
Volume
1.09 million shs
Average Volume
994,313 shs
Market Capitalization
$8.09 billion
P/E Ratio
14.91
Dividend Yield
7.54%
Price Target
$43.00
Consensus Rating
Moderate Buy

Company Overview

Hess Midstream LP owns, develops, operates, 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 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 660 million cubic feet per day; crude oil gathering system comprises approximately 570 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 300 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; crude oil rail cars; and other Dakota access pipeline connections, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Hess Midstream Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

HESM MarketRank™: 

Hess Midstream scored higher than 79% of companies evaluated by MarketBeat, and ranked 123rd out of 271 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Hess Midstream has only been the subject of 3 research reports in the past 90 days.

  • Read more about Hess Midstream's stock forecast and price target.
  • Earnings Growth

    Earnings for Hess Midstream are expected to grow by 17.20% in the coming year, from $2.50 to $2.93 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hess Midstream is 14.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.72.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hess Midstream is 14.94, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 49.16.

  • Price to Book Value per Share Ratio

    Hess Midstream has a P/B Ratio of 23.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Hess Midstream's valuation and earnings.
  • Percentage of Shares Shorted

    2.44% of the float of Hess Midstream has been sold short.
  • Short Interest Ratio / Days to Cover

    Hess Midstream has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Hess Midstream has recently decreased by 11.33%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Hess Midstream is a leading dividend payer. It pays a dividend yield of 7.23%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Hess Midstream does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Hess Midstream is 112.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Hess Midstream will have a dividend payout ratio of 95.56% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend.

  • Read more about Hess Midstream's dividend.
  • Percentage of Shares Shorted

    2.44% of the float of Hess Midstream has been sold short.
  • Short Interest Ratio / Days to Cover

    Hess Midstream has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in Hess Midstream has recently decreased by 11.33%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Hess Midstream has a news sentiment score of 1.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Hess Midstream this week, compared to 5 articles on an average week.
  • Search Interest

    10 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 43% compared to the previous 30 days.
  • MarketBeat Follows

    Only 4 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $430,210,000.00 in company stock.

  • Percentage Held by Institutions

    98.97% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Hess Midstream's insider trading history.
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HESM Stock News Headlines

Secret financial plot unfolding in Washington DC… [DEVELOPING]
What stocks are next up to soar in 2025? I believe I’ve found the answer - and it might surprise you. You see, I’ve recently uncovered a secret financial plot unfolding in Washington DC…
2HESM : Earnings Outlook For Hess Midstream
Hess Midstream (HESM) Projected to Post Earnings on Wednesday
See More Headlines

HESM Stock Analysis - Frequently Asked Questions

Hess Midstream's stock was trading at $37.03 at the start of the year. Since then, HESM stock has increased by 0.5% and is now trading at $37.21.
View the best growth stocks for 2025 here
.

Hess Midstream LP (NYSE:HESM) released its earnings results on Wednesday, April, 30th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.12. Hess Midstream's revenue was up 7.4% on a year-over-year basis.
Read the conference call transcript
.

Hess Midstream (HESM) raised $250 million in an IPO on Wednesday, April 5th 2017. The company issued 12,500,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities acted as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers.

Top institutional shareholders of Hess Midstream include Artemis Investment Management LLP (0.90%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.84%), Miller Howard Investments Inc. NY (0.60%) and Bank of New York Mellon Corp (0.46%). Insiders that own company stock include Jonathan C Stein, John A Gatling, Blackrock Portfolio Management, Corp Hess and Infrastructure Investor Global.
View institutional ownership trends
.

Shares of HESM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hess Midstream investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL) and e.l.f. Beauty (ELF).

Company Calendar

Last Earnings
1/29/2025
Record date for 2/14 Dividend
2/06/2025
Ex-Dividend for 2/14 Dividend
2/06/2025
Dividend Payable
2/14/2025
Today
4/30/2025
Next Earnings (Estimated)
4/30/2025
Record date for 5/14 Dividend
5/08/2025
Ex-Dividend for 5/14 Dividend
5/08/2025
Dividend Payable
5/14/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSE:HESM
Previous Symbol
NASDAQ:HESM
Fax
N/A
Employees
200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$43.00
High Stock Price Target
$45.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+12.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Trailing P/E Ratio
15.42
Forward P/E Ratio
15.36
P/E Growth
N/A
Net Income
$223.10 million
Pretax Margin
48.13%

Debt

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$1.31 per share
Price / Cash Flow
29.23
Book Value
$1.60 per share
Price / Book
24.00

Miscellaneous

Free Float
N/A
Market Cap
$8.37 billion
Optionable
Optionable
Beta
1.14
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This page (NYSE:HESM) was last updated on 4/30/2025 by MarketBeat.com Staff
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