Hess Midstream Partners (HESM) Stock Price, News & Analysis

Company Overview

Hess Midstream Partners LP (NYSE:HESM) is a fee-based midstream energy company that owns and operates infrastructure supporting crude oil, natural gas and produced-water production in the Bakken Shale of North Dakota. The partnership primarily serves Hess Corp. and other producers operating in the region.

Its assets include systems for gathering and processing natural gas, gathering and transporting crude oil, and handling and disposing of produced water. Hess Midstream also provides storage, terminal and transportation services, helping connect production sites with downstream pipelines, rail facilities and other market outlets.

The company was formed to own midstream assets previously developed or operated by Hess and began trading publicly in 2017. Its operations are concentrated in the Bakken, where it provides integrated infrastructure services under long-term commercial arrangements. Hess Midstream is managed by an experienced executive team with backgrounds in midstream operations and energy infrastructure.

Key Stats

• Today's Range: $30.49 to $31.29
• 50-Day Range: $30.65 to $40.98
• 52-Week Range: $30.49 to $41.44
• Volume: 2.76 million shs
• Average Volume: 2.42 million shs
• Market Capitalization: $6.32 billion
• P/E Ratio: 10.57
• Dividend Yield: 10.31%
• Price Target: $34.71
• Consensus Rating: Reduce

Hess Midstream Partners Stock Analysis - MarketRank™

Hess Midstream Partners scored higher than 68% of companies evaluated by MarketBeat, and ranked 111th out of 247 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Hess Midstream Partners has received a consensus rating of Reduce. The company's average rating score is 1.78, and is based on no strong buy ratings, 1 buy rating, 5 hold ratings, and 3 sell ratings.

Upside Potential

Hess Midstream Partners has a consensus price target of $34.71, representing about 13.3% upside from its current price of $30.65.

Amount of Analyst Coverage

Hess Midstream Partners has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 3.39%

Earnings Growth

Earnings for Hess Midstream Partners are expected to grow by 3.39% in the coming year, from $2.95 to $3.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hess Midstream Partners is 10.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.75.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hess Midstream Partners is 10.57, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.08.

Price to Book Value per Share Ratio

Hess Midstream Partners has a P/B Ratio of 14.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.73% of the float of Hess Midstream Partners has been sold short.

Short Interest Ratio / Days to Cover

Hess Midstream Partners has a short interest ratio ("days to cover") of 4.94.

Change versus previous month

Short interest in Hess Midstream Partners has recently increased by 4.46%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hess Midstream Partners is a leading dividend payer. It pays a dividend yield of 9.75%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Hess Midstream Partners has been increasing its dividend for 8 years.

Dividend Coverage

The dividend payout ratio of Hess Midstream Partners is 108.97%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Hess Midstream Partners will have a dividend payout ratio of 103.61% in the coming year. This indicates that Hess Midstream Partners may not be able to sustain their current dividend.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.24

News Sentiment

Hess Midstream Partners has a news sentiment score of 0.24. 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 0.72 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Hess Midstream Partners this week, compared to 1 article on an average week.

Search Interest

44 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.

MarketBeat Follows

6 people have added Hess Midstream Partners to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hess Midstream Partners insiders have not sold or bought any company stock.

Percentage Held by Institutions

98.97% of the stock of Hess Midstream Partners is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/03/2026
• Record date for 8/14 Dividend: 8/06/2026
• Ex-Dividend for 8/14 Dividend: 8/06/2026
• Dividend Payable: 8/14/2026
• Today: 10/14/2026
• Next Earnings (Estimated): 11/02/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:HESM
• Previous Symbol: NASDAQ:HESM
• CIK: 1789832
• Web: www.hessmidstream.com
• Phone: (832) 854-1000
• Fax: N/A
• Employees: 195
• Year Founded: 2014

Price Target and Rating

• Average Price Target for Hess Midstream Partners: $34.71
• High Price Target: $40.00
• Low Price Target: $30.00
• Potential Upside/Downside: +13.3%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.78
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.90
• Trailing P/E Ratio: 10.57
• Forward P/E Ratio: 10.39
• P/E Growth: N/A
• Net Income: $352.90 million
• Net Margins: 23.23%
• Pretax Margin: 49.31%
• Return on Equity: 92.18%
• Return on Assets: 8.62%

Debt

• Debt-to-Equity Ratio: 9.39
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $1.62 billion
• Price / Sales: 3.90
• Cash Flow: $2.65 per share
• Price / Cash Flow: 11.57
• Book Value: $2.11 per share
• Price / Book: 14.53

Miscellaneous

• Outstanding Shares: 206,180,000
• Free Float: N/A
• Market Cap: $6.32 billion
• Optionable: Optionable
• Beta: 0.58