NYSE:HESM - Hess Midstream Partners Stock Price, News, & Analysis

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$22.06 +0.23 (+1.05 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$22.06
Today's Range$21.81 - $22.17
52-Week Range$16.17 - $24.51
Volume41,948 shs
Average Volume85,309 shs
Market Capitalization$602.24 million
P/E Ratio17.37
Dividend Yield6.78%
Beta1.62
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Previous SymbolNASDAQ:HESM
CUSIPN/A
Phone713-496-4200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$662.40 million
Cash Flow$14.8054 per share
Book Value$93.67 per share

Profitability

Net Income$69.10 million

Miscellaneous

Employees176
Market Cap$602.24 million
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Thursday, January 24th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.3701 per share on Wednesday, February 13th. This represents a $1.48 annualized dividend and a yield of 6.71%. The ex-dividend date is Friday, February 1st. This is a positive change from Hess Midstream Partners's previous quarterly dividend of $0.36. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) announced its quarterly earnings data on Wednesday, January, 30th. The company reported $0.31 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.01. The company earned $171.20 million during the quarter, compared to analyst estimates of $171.85 million. Hess Midstream Partners had a return on equity of 2.65% and a net margin of 10.54%. View Hess Midstream Partners' Earnings History.

When is Hess Midstream Partners' next earnings date?

Hess Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

3 analysts have issued 1 year price objectives for Hess Midstream Partners' stock. Their forecasts range from $24.00 to $27.00. On average, they anticipate Hess Midstream Partners' stock price to reach $25.6667 in the next year. This suggests a possible upside of 16.3% 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.

Has Hess Midstream Partners been receiving favorable news coverage?

Media coverage about HESM stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hess Midstream Partners earned a news impact score of -1.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future.

Who are some of Hess Midstream Partners' key competitors?

What other stocks do shareholders of Hess Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream Partners investors own include Intelsat (I), Bank of America (BAC), Apollo Global Management (APO), Edison International (EIX), Fossil Group (FOSL), Omega Healthcare Investors (OHI), Chaarat Gold (CGH), Antero Midstream GP (AMGP), First Data (FDC) and General Electric (GE).

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 65)
  • Mr. Jonathan C. Stein, Chief Financial Officer of Hess Midstream Partners GP LLC (Age 50)
  • Mr. John A. Gatling, Chief Operating Officer of Hess Midstream Partners GP LLC (Age 45)
  • Jennifer Gordon, Director, Investor Relations
  • Mr. Timothy B. Goodell, Gen. Counsel & Sec. of Hess Midstream Partners GP LLC (Age 62)

When did Hess Midstream Partners IPO?

(HESM) raised $250 million in an initial public offering 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.

Who are Hess Midstream Partners' major shareholders?

Hess Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Harvest Fund Advisors LLC (11.39%), Kayne Anderson Capital Advisors LP (3.62%), HITE Hedge Asset Management LLC (1.93%), Dividend Assets Capital LLC (1.62%), Cohen & Steers Inc. (1.17%) and NBW Capital LLC (1.05%). 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 major investors are selling Hess Midstream Partners stock?

HESM stock was sold by a variety of institutional investors in the last quarter, including Cohen & Steers Inc., NBW Capital LLC, GSA Capital Partners LLP, Harvest Fund Advisors LLC, Bank of America Corp DE, BP Capital Fund Advisors LLC, HITE Hedge Asset Management LLC and Dividend Assets Capital 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 major investors are buying Hess Midstream Partners stock?

HESM stock was acquired by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Citigroup Inc., First Trust Advisors LP, Raymond James Financial Services Advisors Inc., GoodHaven Capital Management LLC, Virtu Financial LLC, Jane Street Group LLC and Castleark Management LLC. 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 $22.06.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $602.24 million and generates $662.40 million in revenue each year. The company earns $69.10 million in net income (profit) each year or $1.27 on an earnings per share basis. Hess Midstream Partners employs 176 workers across the globe.

What is Hess Midstream Partners' official website?

The official website for Hess Midstream Partners is http://www.hessmidstream.com.

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)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  172 (Vote Outperform)
Underperform Votes:  174 (Vote Underperform)
Total Votes:  346
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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