Hess Midstream Partners LP owns, operates, develops, and acquires midstream assets to provide 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 include natural gas and crude oil gathering and compression systems located primarily in McKenzie, Williams and Mountrail Counties, and North Dakota. Its gathering systems consists of approximately 1,200 miles of high and low pressure natural gas and NGL gathering pipelines with capacity of up to 345 MMcf/d, including an aggregate compression capacity of 174 MMcf/d; and crude oil gathering system comprises approximately 400 miles of crude oil gathering pipelines with capacity of up to 161 MBbl/d. The Processing and Storage segment consists of Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, 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; and crude oil rail cars, as well as Johnson's Corner Header System. The company was founded in 2014 and is based in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:HESM
CUSIPN/A
Phone713-496-4200
Debt
Debt-to-Equity RatioN/A
Current Ratio1.18
Quick Ratio1.18
Price-To-Earnings
Trailing P/E Ratio20.04
Forward P/E Ratio18.70
P/E Growth1.4
Sales & Book Value
Annual Sales$565.80 million
Price / Sales1.15
Cash Flow$15.0316 per share
Price / Cash1.58
Book Value$93.67 per share
Price / Book0.25
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$284.80 million
Net Margins10.34%
Return on Equity2.48%
Return on Assets2.40%
Miscellaneous
Employees176
Outstanding Shares27,300,000
Market Cap$629.20 million
Hess Midstream Partners (NYSE:HESM) Frequently Asked Questions
What is Hess Midstream Partners' stock symbol?
Hess Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HESM."
How often does Hess Midstream Partners pay dividends? What is the dividend yield for Hess Midstream Partners?
Hess Midstream Partners declared a quarterly dividend on Monday, July 23rd. Shareholders of record on Thursday, August 2nd will be paid a dividend of $0.345 per share on Monday, August 13th. This represents a $1.38 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date is Wednesday, August 1st. This is an increase from Hess Midstream Partners's previous quarterly dividend of $0.33. View Hess Midstream Partners' Dividend History.
How were Hess Midstream Partners' earnings last quarter?
Hess Midstream Partners LP (NYSE:HESM) posted its quarterly earnings results on Wednesday, July, 25th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.02. The company earned $164.70 million during the quarter, compared to the consensus estimate of $159.10 million. Hess Midstream Partners had a net margin of 10.34% and a return on equity of 2.48%. View Hess Midstream Partners' Earnings History.
When is Hess Midstream Partners' next earnings date?
What price target have analysts set for HESM?
3 brokerages have issued twelve-month target prices for Hess Midstream Partners' stock. Their predictions range from $25.00 to $31.00. On average, they anticipate Hess Midstream Partners' stock price to reach $27.3333 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Hess Midstream Partners.
What is the consensus analysts' recommendation for Hess Midstream Partners?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream Partners in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hess Midstream Partners.
Who are some of Hess Midstream Partners' key competitors?
Some companies that are related to Hess Midstream Partners include QEP Resources (QEP), Denbury Resources (DNR), Tellurian (TELL), Petrobras Argentina (PZE), Wildhorse Resource Development (WRD), DELEK Grp Ltd/ADR (DGRLY), Carrizo Oil & Gas (CRZO), Laredo Petroleum (LPI), California Resources (CRC), Gulfport Energy (GPOR), Extraction Oil & Gas (XOG), Talos Energy (TALO), Unit (UNT), Penn Virginia (PVAC) and Enbridge Energy Management (EEQ).
Who are Hess Midstream Partners' key executives?
Hess Midstream Partners' management team includes the folowing people:
- Mr. John B. Hess, Chairman & CEO of Hess Midstream Partners GP LLC (Age 64)
- Mr. Jonathan C. Stein, Chief Financial Officer of Hess Midstream Partners GP LLC (Age 49)
- Mr. John A. Gatling, Chief Operating Officer of Hess Midstream Partners GP LLC (Age 44)
- Jennifer Gordon, Director, Investor Relations
- Mr. Timothy B. Goodell, Gen. Counsel & Sec. of Hess Midstream Partners GP LLC (Age 61)
When did Hess Midstream Partners IPO?
(HESM) raised $250 million in an initial public offering (IPO) on Wednesday, April 5th 2017. The company issued 12,500,000 shares at $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.
Has Hess Midstream Partners been receiving favorable news coverage?
Media coverage about HESM stock has been trending somewhat positive on Thursday, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hess Midstream Partners earned a news impact score of 0.18 on Accern's scale. They also assigned headlines about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Hess Midstream Partners.
Who are Hess Midstream Partners' major shareholders?
Hess Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (5.68%), Kayne Anderson Capital Advisors LP (2.24%), HITE Hedge Asset Management LLC (1.99%), OppenheimerFunds Inc. (1.78%), Dividend Assets Capital LLC (1.42%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.22%). Company insiders that own Hess Midstream Partners stock include Gerald A Tamborski, Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. View Institutional Ownership Trends for Hess Midstream Partners.
Which institutional investors are selling Hess Midstream Partners stock?
HESM stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, OppenheimerFunds Inc., Bank of America Corp DE, HITE Hedge Asset Management LLC and Cbre Clarion Securities LLC. Company insiders that have sold Hess Midstream Partners company stock in the last year include Gerald A Tamborski and Jonathan C Stein. View Insider Buying and Selling for Hess Midstream Partners.
Which institutional investors are buying Hess Midstream Partners stock?
HESM stock was bought by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Dividend Assets Capital LLC, GSA Capital Partners LLP, Duff & Phelps Investment Management Co., Acadian Asset Management LLC, Kayne Anderson Capital Advisors LP, Renaissance Technologies LLC and Raymond James Financial Services Advisors Inc.. Company insiders that have bought Hess Midstream Partners stock in the last two years include Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. View Insider Buying and Selling for Hess Midstream Partners.
How do I buy shares of Hess Midstream Partners?
Shares of HESM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hess Midstream Partners' stock price today?
One share of HESM stock can currently be purchased for approximately $23.75.
How big of a company is Hess Midstream Partners?
Hess Midstream Partners has a market capitalization of $629.20 million and generates $565.80 million in revenue each year. Hess Midstream Partners employs 176 workers across the globe.
How can I contact Hess Midstream Partners?
Hess Midstream Partners' 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]
MarketBeat Community Rating for Hess Midstream Partners (NYSE HESM)
MarketBeat's community ratings are surveys of what our community members think about Hess Midstream Partners and other stocks. Vote "Outperform" if you believe HESM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HESM will underperform the S&P 500 over the long term. You may vote once every thirty days.
