NYSE:HESM Hess Midstream - HESM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hess Midstream LP Please log in to your account or sign up in order to add this asset to your watchlist. $29.76 -0.54 (-1.78%) (As of 02/1/2023 12:00 AM ET) Add Compare Share Share Today's Range$29.34▼$30.3650-Day Range$27.95▼$32.0652-Week Range$24.33▼$35.71Volume721,940 shsAverage Volume388,897 shsMarket Capitalization$1.31 billionP/E Ratio14.81Dividend Yield7.37%Price Target$34.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Hess Midstream MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside14.2% Upside$34.00 Price TargetShort InterestBearish10.18% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth8.52%From $2.23 to $2.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.11 out of 5 starsOils/Energy Sector147th out of 247 stocksCrude Petroleum & Natural Gas Industry56th out of 76 stocks 2.2 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.00, Hess Midstream has a forecasted upside of 14.2% from its current price of $29.76.Amount of Analyst CoverageHess Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted10.18% of the outstanding shares of Hess Midstream have been sold short.Short Interest Ratio / Days to CoverHess Midstream has a short interest ratio ("days to cover") of 11.7, which indicates bearish sentiment.Change versus previous monthShort interest in Hess Midstream has recently decreased by 0.88%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream has been increasing its dividend for 6 years.Dividend CoverageThe dividend payout ratio of Hess Midstream is 111.94%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hess Midstream will have a dividend payout ratio of 92.98% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HESM. Previous Next 2.3 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 0.13. 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 lower news sentiment than the 0.48 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Hess Midstream this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows12 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have not sold or bought any company stock.Percentage Held by Institutions87.59% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 8.52% in the coming year, from $2.23 to $2.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 14.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 14.81, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.13. Previous Next See Top Rated MarketRank™ Stocks Here About Hess Midstream (NYSE:HESM) StockHess 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 the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture and mentor storage terminal. The Terminaling and Export segment consists of the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars and Johnson's corner header system. The company was founded on January 1, 2014 and is headquartered in Houston, TX.Read More Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address HESM Stock News HeadlinesFebruary 1, 2023 | 247wallst.comHess Midstream Partners Declares $0.57 DividendJanuary 31, 2023 | americanbankingnews.comHess Midstream LP (NYSE:HESM) Raises Dividend to $0.57 Per ShareFebruary 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 30, 2023 | nasdaq.comHess Midstream Partners (HESM) Declares $0.57 DividendJanuary 27, 2023 | msn.comTuesday Is Your Last Chance To Buy Hess Midstream Before The Dividend PayoutJanuary 27, 2023 | finance.yahoo.comHess Midstream (NYSE:HESM) Is Increasing Its Dividend To $0.5696January 25, 2023 | seekingalpha.comHess Midstream LP (HESM) Q4 2022 Earnings Call TranscriptJanuary 25, 2023 | finance.yahoo.comHess Midstream LP Announces 2023 Guidance and Return of Capital Framework Through 2025February 2, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.January 13, 2023 | seekingalpha.comHess Midstream: High Risk, Decent RewardJanuary 9, 2023 | seekingalpha.comHess Midstream: Top Performing Pipeline Stock Over The Last 5 YearsNovember 30, 2022 | finance.yahoo.comHess Midstream LP to Participate in Wells Fargo Midstream & Utilities SymposiumNovember 30, 2022 | finance.yahoo.comInvestors in Hess Midstream (NYSE:HESM) have made a decent return of 88% over the past three yearsNovember 30, 2022 | finance.yahoo.comHess Midstream LP Publishes Sustainability ReportNovember 10, 2022 | finance.yahoo.comHess Midstream LP to Participate in Scotiabank Energy Infrastructure ConferenceNovember 9, 2022 | finance.yahoo.comHess Midstream Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS In LineOctober 28, 2022 | msn.comHess Midstream: Dividend InsightsOctober 28, 2022 | finance.yahoo.comHess Midstream's (NYSE:HESM) Shareholders Will Receive A Bigger Dividend Than Last YearOctober 26, 2022 | seekingalpha.comHess Midstream LP (HESM) Q3 2022 Earnings Call TranscriptOctober 26, 2022 | finance.yahoo.comHess Midstream LP Reports Estimated Results for the Third Quarter of 2022October 14, 2022 | seekingalpha.comHess Midstream: Punching Above Their WeightOctober 8, 2022 | msn.comMegan Hess Illustrates Audrey Hepburn’s Fashionable and Philanthropic LifeSeptember 27, 2022 | finanznachrichten.deHess Corporation: Hess to Participate in Barclays CEO Energy-Power ConferenceSeptember 26, 2022 | theglobeandmail.comHess Midstream is Appealing to Value Buyers with Its 9.0% Yield and BuybacksSeptember 23, 2022 | nasdaq.comHess Midstream Stock Getting Very OversoldSeptember 21, 2022 | seekingalpha.comHESM Hess Midstream LPSeptember 20, 2022 | nasdaq.comFirst Week of May 2023 Options Trading For Hess Midstream (HESM)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address HESM Company Calendar Last Earnings10/27/2021Ex-Dividend for 11/14 Dividend11/02/2022Dividend Payable11/14/2022Today2/01/2023Ex-Dividend for 2/13 Dividend2/01/2023Dividend Payable2/13/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees196Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.00 High Stock Price Forecast$35.00 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+14.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.01 Trailing P/E Ratio14.81 Forward P/E Ratio13.35 P/E GrowthN/ANet Income$83.90 million Net Margins6.58% Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$1.28 billion Price / Sales1.03 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares44,000,000Free FloatN/AMarket Cap$1.31 billion OptionableOptionable Beta1.62 Key ExecutivesJohn B. HessChairman & Chief Executive OfficerJohn A. GatlingPresident & Chief Operating OfficerJonathan C. SteinChief Financial OfficerDan FarlerVice President-Engineering & ProjectsJohn P. RiellyDirector & Vice PresidentKey CompetitorsVista EnergyNYSE:VISTDorchester MineralsNASDAQ:DMLPPar PacificNYSE:PARRKimbell Royalty PartnersNYSE:KRPGrey Rock Energy ManagementNYSE:GRNTView All CompetitorsInsiders & InstitutionsBay Colony Advisory Group Inc d b a Bay Colony AdvisorsBought 11,445 shares on 2/1/2023Ownership: 0.026%Groesbeck Investment Management Corp NJSold 1,558 shares on 2/1/2023Ownership: 0.020%AE Wealth Management LLCBought 10,734 shares on 1/31/2023Ownership: 0.095%Geneos Wealth Management Inc.Bought 500 shares on 1/31/2023Ownership: 0.003%Fort Washington Investment Advisors Inc. OHBought 12,300 shares on 1/30/2023Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions HESM Stock - Frequently Asked Questions Should I buy or sell Hess Midstream stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HESM shares. 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 HESM analyst ratings or view top-rated stocks. What is Hess Midstream's stock price forecast for 2023? 3 equities research analysts have issued 12 month price objectives for Hess Midstream's stock. Their HESM share price forecasts range from $33.00 to $35.00. On average, they expect the company's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 14.2% from the stock's current price. View analysts price targets for HESM or view top-rated stocks among Wall Street analysts. How have HESM shares performed in 2023? Hess Midstream's stock was trading at $29.92 on January 1st, 2023. Since then, HESM stock has decreased by 0.5% and is now trading at $29.76. View the best growth stocks for 2023 here. Are investors shorting Hess Midstream? Hess Midstream saw a decrease in short interest during the month of December. As of December 30th, there was short interest totaling 4,520,000 shares, a decrease of 7.4% from the December 15th total of 4,880,000 shares. Based on an average trading volume of 405,500 shares, the days-to-cover ratio is presently 11.1 days. View Hess Midstream's Short Interest. When is Hess Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our HESM earnings forecast. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its quarterly earnings data on Wednesday, October, 27th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.01. The firm earned $303.90 million during the quarter. During the same period in the prior year, the business earned $0.31 EPS. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream announced a quarterly dividend on Monday, January 23rd. Investors of record on Thursday, February 2nd will be paid a dividend of $0.57 per share on Monday, February 13th. This represents a $2.28 dividend on an annualized basis and a yield of 7.66%. The ex-dividend date of this dividend is Wednesday, February 1st. This is a boost from the stock's previous quarterly dividend of $0.56. Read our dividend analysis for HESM. Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.25 per share and currently has a dividend yield of 7.37%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 111.94%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HESM will have a dividend payout ratio of 92.98% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for HESM. 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 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. 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 institutional and retail investors. Top institutional shareholders include Stokes Capital Advisors LLC (0.24%), Naples Global Advisors LLC (0.12%), AE Wealth Management LLC (0.10%), Teamwork Financial Advisors LLC (0.06%), Jenkins Wealth (0.05%) and GraniteShares Advisors LLC (0.05%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, John A Gatling, John B Hess, John B Hess, Jonathan C Stein and Stephen J J Letwin. View institutional ownership trends. How do I buy shares of Hess Midstream? Shares of HESM stock 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 $29.76. How much money does Hess Midstream make? Hess Midstream (NYSE:HESM) has a market capitalization of $1.31 billion and generates $1.28 billion in revenue each year. The company earns $83.90 million in net income (profit) each year or $2.01 on an earnings per share basis. How many employees does Hess Midstream have? The company employs 196 workers across the globe. How can I contact Hess Midstream? Hess Midstream's mailing address is 1501 MCKINNEY STREET, HOUSTON TX, 77010. The official website for the company is www.hessmidstream.com. The company can be reached via phone at (713) 496-4200 or via email at hessmidstreampartners@hess.com. This page (NYSE:HESM) was last updated on 2/2/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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