S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
S&P 500   4,577.11
DOW   35,368.47
QQQ   370.55
NYSE:HESM

Hess Midstream Stock Forecast, Price & News

$30.40
+0.18 (+0.60%)
(As of 01/18/2022 12:00 AM ET)
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Today's Range
$30.08
$30.62
50-Day Range
$23.88
$30.40
52-Week Range
$20.36
$30.71
Volume
482,114 shs
Average Volume
494,274 shs
Market Capitalization
$1.02 billion
P/E Ratio
18.88
Dividend Yield
6.75%
Beta
2.01
30 days | 90 days | 365 days | Advanced Chart
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Hess Midstream logo

About Hess Midstream

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. It operates through the following segments: Gathering, Processing and Storage and Terminaling and Export. The Gathering segment consists of natural gas and crude oil gathering and compression. The Processing and Storage segment includes Tioga gas plant, equity investment in Little Missouri (LM4) joint venture and mentor storage terminal. The Terminaling and Export segment comprises of ramberg terminal facility, Tioga rail terminal, crude oil rail cars and Johnson's corner header system. The company was founded on January 17, 2014 and is headquartered in Houston, TX.

Headlines

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Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:HESM
Fax
N/A
Employees
196
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.09 billion

Profitability

Net Income
$24 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.02 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 11/12 Dividend
11/03/2021
Dividend Payable
11/12/2021
Today
1/19/2022
Next Earnings (Confirmed)
1/26/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

1.83 out of 5 stars

Oils/Energy Sector

184th out of 361 stocks

Crude Petroleum & Natural Gas Industry

64th out of 114 stocks

Analyst Opinion: 1.2Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












Hess Midstream (NYSE:HESM) Frequently Asked Questions

Is Hess Midstream a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Hess Midstream stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HESM, but not buy additional shares or sell existing shares.
View analyst ratings for Hess Midstream
or view top-rated stocks.

How has Hess Midstream's stock price been impacted by Coronavirus?

Hess Midstream's stock was trading at $10.92 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HESM stock has increased by 178.4% and is now trading at $30.40.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Hess Midstream?

Hess Midstream saw a increase in short interest in December. As of December 31st, there was short interest totaling 1,740,000 shares, an increase of 18.4% from the December 15th total of 1,470,000 shares. Based on an average daily trading volume, of 445,700 shares, the days-to-cover ratio is currently 3.9 days.
View Hess Midstream's Short Interest
.

When is Hess Midstream's next earnings date?

Hess Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Hess Midstream
.

How can I listen to Hess Midstream's earnings call?

Hess Midstream will be holding an earnings conference call on Wednesday, January 26th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "5556718".

How were Hess Midstream's earnings last quarter?

Hess Midstream LP (NYSE:HESM) posted its quarterly earnings data on Wednesday, October, 27th. The company reported $0.38 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.37 by $0.01. The company earned $303.90 million during the quarter. During the same quarter last year, the business posted $0.31 earnings per share.
View Hess Midstream's earnings history
.

How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream?

Hess Midstream declared a quarterly dividend on Monday, October 25th. Stockholders of record on Thursday, November 4th will be paid a dividend of $0.51 per share on Friday, November 12th. This represents a $2.04 annualized dividend and a dividend yield of 6.71%. The ex-dividend date is Wednesday, November 3rd. This is a positive change from Hess Midstream's previous quarterly dividend of $0.50.
View Hess Midstream's dividend history
.

Is Hess Midstream a good dividend stock?

Hess Midstream pays an annual dividend of $2.04 per share and currently has a dividend yield of 6.75%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Hess Midstream has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Hess Midstream is 126.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Hess Midstream will have a dividend payout ratio of 86.08% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend.
View Hess Midstream's dividend history.

What price target have analysts set for HESM?

7 brokers have issued 1-year price targets for Hess Midstream's shares. Their forecasts range from $27.00 to $32.00. On average, they expect Hess Midstream's share price to reach $29.57 in the next year. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Hess Midstream
or view top-rated stocks among Wall Street analysts.

Who are Hess Midstream's key executives?

Hess Midstream's management team includes the following people:
  • John B. Hess, Chairman & Chief Executive Officer
  • John A. Gatling, President & Chief Operating Officer
  • Jonathan C. Stein, Chief Financial Officer
  • John P. Rielly, Director & Vice President
  • Jennifer Gordon, Investor relations Contact

What other stocks do shareholders of Hess Midstream own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream investors own include Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), ONEOK (OKE), Energy Transfer (ET), Kinder Morgan (KMI), Omega Healthcare Investors (OHI), Apollo Global Management (APO), Bank of America (BAC) and General Electric (GE).

When did Hess Midstream IPO?

(HESM) raised $250 million in an initial public offering (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 served as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers.

What is Hess Midstream's stock symbol?

Hess Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "HESM."

Who are Hess Midstream's major shareholders?

Hess Midstream's stock is owned by many different retail and institutional investors. Top institutional investors include Penbrook Management LLC (0.10%) and Patriot Financial Group Insurance Agency LLC (0.00%). Company insiders that own Hess Midstream stock include Corp Hess, John A Gatling, John B Hess, Jonathan C Stein and Stephen J J Letwin.
View institutional ownership trends for Hess Midstream
.

Which institutional investors are buying Hess Midstream stock?

HESM stock was acquired by a variety of institutional investors in the last quarter, including Patriot Financial Group Insurance Agency LLC, and Penbrook Management LLC. Company insiders that have bought Hess Midstream stock in the last two years include John A Gatling, John B Hess, and Stephen J J Letwin.
View insider buying and selling activity for Hess Midstream
or or view top insider-buying stocks.

How do I buy shares of Hess Midstream?

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

What is Hess Midstream's stock price today?

One share of HESM stock can currently be purchased for approximately $30.40.

How much money does Hess Midstream make?

Hess Midstream has a market capitalization of $1.02 billion and generates $1.09 billion in revenue each year. The company earns $24 million in net income (profit) each year or $1.61 on an earnings per share basis.

How many employees does Hess Midstream have?

Hess Midstream employs 196 workers across the globe.

What is Hess Midstream's official website?

The official website for Hess Midstream is www.hessmidstream.com.

Where are Hess Midstream's headquarters?

Hess Midstream is headquartered at 1501 MCKINNEY STREET, HOUSTON TX, 77010.

How can I contact Hess Midstream?

Hess Midstream's mailing address is 1501 MCKINNEY STREET, HOUSTON TX, 77010. The company can be reached via phone at (713) 496-4200 or via email at [email protected].


This page was last updated on 1/19/2022 by MarketBeat.com Staff

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