Hess Midstream Stock Price, News & Analysis (NYSE:HESM) $32.56 +0.02 (+0.06%) (As of 11:39 AM ET) Add Compare Share Share Today's Range$32.42▼$32.7650-Day Range$27.95▼$32.5552-Week Range$25.63▼$33.32Volume162,249 shsAverage Volume653,554 shsMarket Capitalization$2.23 billionP/E Ratio16.04Dividend Yield7.59%Price Target$34.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside6.1% Upside$34.67 Price TargetShort InterestHealthy4.24% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth36.32%From $2.01 to $2.74 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.1.80 out of 5 starsOils/Energy Sector176th out of 242 stocksCrude Petroleum & Natural Gas Industry62nd out of 75 stocks 1.3 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.67, Hess Midstream has a forecasted upside of 6.1% from its current price of $32.67.Amount of Analyst CoverageHess Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.24% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hess Midstream has recently increased by 2.84%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.59%, 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 121.68%. 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 90.15% 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 0.0 News and Social Media Coverage Search InterestOnly 6 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% 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 Institutions86.34% 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 36.32% in the coming year, from $2.01 to $2.74 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 16.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 16.09, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.45.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 5.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hess Midstream Stock (NYSE:HESM)Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company 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 1,380 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 590 million cubic feet per day; crude oil gathering system comprises approximately 560 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 290 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; and crude oil rail cars, 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.Read More HESM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HESM Stock News HeadlinesNovember 24, 2023 | americanbankingnews.comHess Midstream LP (NYSE:HESM) Given Consensus Rating of "Moderate Buy" by AnalystsNovember 21, 2023 | americanbankingnews.comHead-To-Head Contrast: Hess Midstream (NYSE:HESM) & Avance Gas (OTCMKTS:AVACF)December 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 16, 2023 | finance.yahoo.com20 Biggest Midstream Companies Heading into 2024November 10, 2023 | morningstar.comHess Midstream LP Class AOctober 27, 2023 | markets.businessinsider.comHold Rating on Hess Midstream Amid Strong Performance and Merger UncertaintiesOctober 25, 2023 | finance.yahoo.comHess Midstream LP (HESM) Reports Strong Q3 2023 Earnings and Raises Full Year GuidanceOctober 25, 2023 | finance.yahoo.comChevron-Hess Deal Leaves Midstream Firm’s Future in QuestionDecember 1, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. October 25, 2023 | finance.yahoo.comHess Midstream LP Reports Estimated Results for the Third Quarter of 2023October 24, 2023 | forbes.comChevron Deal Makes Billionaire Hess Family Even RicherOctober 23, 2023 | finance.yahoo.comHess Midstream LP Announces Distribution Per Share Level IncreaseOctober 19, 2023 | msn.comRaymond James Maintains Hess Midstream LP - (HESM) Outperform RecommendationSeptember 27, 2023 | msn.comHess Midstream: Best In Class With A Reliable DividendAugust 26, 2023 | seekingalpha.comHess Midstream: An 8.3% Dividend Yield Is A Gift For Value InvestorsAugust 23, 2023 | benzinga.comDirector of Hess Midstream Sold $42.88M In StockAugust 10, 2023 | seekingalpha.comHess Midstream LP 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | msn.comHess Midstream LP - (HESM) Declares $0.60 DividendAugust 2, 2023 | msn.comMorgan Stanley Reiterates Hess Midstream LP - (HESM) Equal-Weight RecommendationJuly 29, 2023 | finance.yahoo.comRead This Before Considering Hess Midstream LP (NYSE:HESM) For Its Upcoming US$0.60 DividendJuly 29, 2023 | msn.comWells Fargo Maintains Hess Midstream LP - (HESM) Equal-Weight RecommendationJuly 27, 2023 | finance.yahoo.comHess Midstream LP Reports Estimated Results for the Second Quarter of 2023June 27, 2023 | finance.yahoo.comWith 50% stake, Hess Midstream LP (NYSE:HESM) seems to have captured institutional investors' interestJune 27, 2023 | msn.comHess Midstream signs $100M sponsor unit repurchaseJune 22, 2023 | msn.comHess Midstream: Growing Value Through Dividend Increases And Share RepurchasesJune 8, 2023 | fool.comHess Midstream (NYSE: HESM)June 5, 2023 | incomeinvestors.comHess Midstream Stock: 8.3%-Yielder Raises Payout for 26 Straight QuartersSee More Headlines 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 Company Calendar Last Earnings10/25/2023Ex-Dividend for 11/14 Dividend11/01/2023Dividend Payable11/14/2023Today12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/24/2024Get 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 Target$34.67 High Stock Price Target$38.00 Low Stock Price Target$32.00 Potential Upside/Downside+6.5%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.03 Trailing P/E Ratio16.03 Forward P/E Ratio16.19 P/E GrowthN/ANet Income$620.60 million Net Margins7.87% Pretax Margin48.80% Return on Equity22.28% Return on Assets2.82% Debt Debt-to-Equity Ratio7.05 Current Ratio0.79 Quick Ratio0.79 Sales & Book Value Annual Sales$1.28 billion Price / Sales1.74 Cash Flow$6.22 per share Price / Cash Flow5.23 Book Value$6.51 per share Price / Book5.00Miscellaneous Outstanding Shares68,360,000Free FloatN/AMarket Cap$2.22 billion OptionableOptionable Beta1.60 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. John B. Hess (Age 69)Chairman & CEO of Hess Midstream GP LLC Mr. John A. Gatling (Age 49)President & COO of Hess Midstream GP LLC Mr. Jonathan C. Stein (Age 54)Chief Financial Officer of Hess Midstream GP LLC Mr. Timothy B. Goodell (Age 66)General Counsel & Secretary of Hess Midstream GP LLC Mr. John P. Rielly (Age 61)VP & Director of Hess Midstream GP LLC Jennifer GordonDirector of Investor RelationsMore ExecutivesKey CompetitorsCallon PetroleumNYSE:CPEPar PacificNYSE:PARRCrescent EnergyNYSE:CRGYVermilion EnergyNYSE:VETTalos EnergyNYSE:TALOView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 4,028 shares on 11/30/2023Ownership: 0.078%Graham Capital Management L.P.Bought 21,849 shares on 11/22/2023Ownership: 0.032%Walleye Capital LLCBought 65,583 shares on 11/21/2023Ownership: 0.096%Comerica BankBought 9,867 shares on 11/21/2023Ownership: 0.014%Walleye Trading LLCBought 7,253 shares on 11/21/2023Ownership: 0.011%View All Insider TransactionsView All Institutional Transactions HESM Stock Analysis - Frequently Asked Questions Should I buy or sell Hess Midstream stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" HESM shares. View HESM analyst ratings or view top-rated stocks. What is Hess Midstream's stock price target for 2024? 6 brokers have issued 1 year price targets for Hess Midstream's stock. Their HESM share price targets range from $32.00 to $38.00. On average, they predict the company's share price to reach $34.67 in the next year. This suggests a possible upside of 6.1% 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 at the beginning of the year. Since then, HESM stock has increased by 9.2% and is now trading at $32.67. View the best growth stocks for 2023 here. Are investors shorting Hess Midstream? Hess Midstream saw a drop in short interest in October. As of October 31st, there was short interest totaling 2,820,000 shares, a drop of 9.6% from the October 15th total of 3,120,000 shares. Based on an average daily trading volume, of 933,900 shares, the short-interest ratio is presently 3.0 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, January 24th 2024. View our HESM earnings forecast. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its earnings results on Wednesday, October, 25th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.02. The firm had revenue of $363.10 million for the quarter, compared to the consensus estimate of $342.22 million. Hess Midstream had a trailing twelve-month return on equity of 22.28% and a net margin of 7.87%. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream announced a quarterly dividend on Monday, October 23rd. Stockholders of record on Thursday, November 2nd will be given a dividend of $0.618 per share on Tuesday, November 14th. This represents a $2.47 dividend on an annualized basis and a dividend yield of 7.57%. The ex-dividend date is Wednesday, November 1st. This is a boost from the stock's previous quarterly dividend of $0.60. Read our dividend analysis for HESM. Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.47 per share and currently has a dividend yield of 7.59%. 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 121.68%. 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 90.15% 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 ETFs hold Hess Midstream's stock? ETFs with the largest weight of Hess Midstream (NYSE:HESM) stock in their portfolio include First Trust Natural Gas ETF (FCG), BNY Mellon Global Infrastructure Income ETF (BKGI), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), InfraCap MLP ETF (AMZA), Amplify Natural Resources Dividend Income ETF (NDIV), Pacer American Energy Independence ETF (USAI) and USCF Midstream Energy Income Fund (UMI). 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 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. Who are Hess Midstream's major shareholders? Hess Midstream's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (17.16%), Invesco Ltd. (5.23%), CI Investments Inc. (3.94%), Clearbridge Investments LLC (3.84%), Mirae Asset Global Investments Co. Ltd. (3.41%) and Morgan Stanley (1.81%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, Infrastructure Investor Global, John A Gatling, John B Hess and Jonathan C Stein. 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. This page (NYSE:HESM) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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