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

Company Overview

Hess Midstream Partners (NYSE: HESM) is a midstream energy partnership focused on providing gathering, compression, processing, transportation and storage services for crude oil, natural gas liquids (NGLs) and produced water. Established in 2014 as a strategic infrastructure platform of Hess Corporation, the partnership owns and operates an extensive network of pipelines, processing plants and storage facilities designed to support crude oil and gas production in key North American basins.

The partnership’s core assets are located in the Bakken and Three Forks plays of North Dakota and Montana, as well as the Delaware Basin in West Texas and southeastern New Mexico. In these regions, Hess Midstream Partners gathers crude oil and produced water from well sites, transports fluid streams via an integrated pipeline system, and provides processing and fractionation services to extract and separate NGLs. The partnership also offers saltwater disposal services and crude oil conditioning solutions to meet specifications for downstream markets and refineries.

Supported by Hess Corporation’s upstream operations, Hess Midstream Partners serves both its parent company and a diverse set of third-party producers. The partnership’s assets include compressor stations designed to maintain optimal flow rates, treaters and stabilizers for crude quality control, and fractionation plants capable of producing market-ready propane, butane and ethane. Its geographic footprint and interconnectivity to major export terminals and intrastate pipelines enhance the reliability and efficiency of midstream services in these prolific basins.

Governed by a board of directors with deep experience in energy infrastructure and operations, Hess Midstream Partners is led by a management team drawn from Hess Corporation and the broader midstream sector. The partnership benefits from operational oversight, technical expertise and financial support provided through its general partner, Hess Midstream GP LLC, which holds a controlling interest in the business and aligns long-term growth objectives with those of its unitholders.

Key Stats

• Today's Range: $38.32 to $38.84
• 50-Day Range: $36.85 to $39.51
• 52-Week Range: $33.59 to $44.05
• Volume: 1.06 million shs
• Average Volume: 1.05 million shs
• Market Capitalization: $8.28 billion
• P/E Ratio: 15.07
• Dividend Yield: 7.39%
• Price Target: $43.50
• Consensus Rating: Moderate Buy

Hess Midstream Partners Stock Analysis - MarketRank™

Hess Midstream Partners scored higher than 75% of companies evaluated by MarketBeat, and ranked 85th out of 267 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Hess Midstream Partners has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Hess Midstream Partners has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 17.20%

Earnings Growth

Earnings for Hess Midstream Partners are expected to grow by 17.20% in the coming year, from $2.50 to $2.93 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Hess Midstream Partners is 15.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hess Midstream Partners is 15.07, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 64.15.

Price to Book Value per Share Ratio

Hess Midstream Partners has a P/B Ratio of 18.05. 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

2.65% 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 4.7.

Change versus previous month

Short interest in Hess Midstream Partners has recently increased by 17.98%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Hess Midstream Partners is a leading dividend payer. It pays a dividend yield of 7.42%, 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 111.37%. 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 96.93% in the coming year. This indicates that Hess Midstream Partners may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.65% 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 4.7.

Change versus previous month

Short interest in Hess Midstream Partners has recently increased by 17.98%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 1.01

News Sentiment

Hess Midstream Partners has a news sentiment score of 1.01. 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 higher news sentiment than the 0.77 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Hess Midstream Partners this week, compared to 6 articles on an average week.

Search Interest

Only 5 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

9 people have added Hess Midstream Partners to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Hess Midstream Partners insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $553,857,013.00 in 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.

HESM Stock Analysis - Frequently Asked Questions

How have HESM shares performed this year?

Hess Midstream Partners' stock was trading at $37.03 at the beginning of the year. Since then, HESM shares have increased by 3.8% and is now trading at $38.44.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) announced its quarterly earnings data on Wednesday, April, 30th. The company reported $0.65 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.02. The company's revenue was up 7.4% on a year-over-year basis.
Read the conference call transcript.

When did Hess Midstream Partners IPO?

Hess Midstream Partners (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' top institutional investors include Miller Howard Investments Inc. NY (0.59%), Kingstone Capital Partners Texas LLC (0.37%), Cooper Investors PTY Ltd. (0.15%) and Fractal Investments LLC (0.14%). Insiders that own company stock include Jonathan C Stein, John A Gatling, Infrastructure Investor Global, Geurt G Schoonman, Corp Hess and Blackrock Portfolio Management.
View institutional ownership trends.

How do I buy shares of Hess Midstream Partners?

Shares of HESM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Hess Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hess Midstream Partners investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL) and e.l.f. Beauty (ELF).

Company Calendar

• Last Earnings: 4/30/2025
• Record date for 5/14 Dividend: 5/08/2025
• Ex-Dividend for 5/14 Dividend: 5/08/2025
• Dividend Payable: 5/14/2025
• Today: 7/12/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: E&P MLP
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:HESM
• Previous Symbol: NASDAQ:HESM
• CIK: 1789832
• Web: www.hessmidstream.com
• Phone: (713) 496-4200
• Fax: N/A
• Employees: 200
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Hess Midstream Partners: $43.50
• High Price Target: $45.00
• Low Price Target: $41.00
• Potential Upside/Downside: +13.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.55
• Trailing P/E Ratio: 15.07
• Forward P/E Ratio: 15.38
• P/E Growth: N/A
• Net Income: $223.10 million
• Net Margins: 16.43%
• Pretax Margin: 48.56%
• Return on Equity: 54.89%
• Return on Assets: 6.02%

Debt

• Debt-to-Equity Ratio: 6.92
• Current Ratio: 0.81
• Quick Ratio: 0.81

Sales & Book Value

• Annual Sales: $1.50 billion
• Price / Sales: 5.54
• Cash Flow: $2.01 per share
• Price / Cash Flow: 19.15
• Book Value: $2.13 per share
• Price / Book: 18.05

Miscellaneous

• Outstanding Shares: 215,480,000
• Free Float: N/A
• Market Cap: $8.28 billion
• Optionable: Optionable
• Beta: 0.63