NYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis → This Apple-like Innovator is Revolutionizing Healthcare (From Wall Street Star) (Ad) Free HESM Stock Alerts $34.94 -0.69 (-1.94%) (As of 02:33 PM ET) Add Compare Share Share Today's Range$34.56▼$35.7150-Day Range$33.24▼$36.4952-Week Range$26.86▼$36.84Volume756,481 shsAverage Volume895,325 shsMarket Capitalization$7.91 billionP/E Ratio16.72Dividend Yield7.27%Price Target$35.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Hess Midstream alerts: Email Address Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.1% Upside$35.67 Price TargetShort InterestBearish2.16% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based on 15 Articles This WeekInsider TradingSelling Shares$377.55 M Sold Last QuarterProj. Earnings Growth16.54%From $2.54 to $2.96 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.84 out of 5 starsOils/Energy Sector134th out of 234 stocksCrude Petroleum & Natural Gas Industry46th out of 73 stocks 1.3 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageHess Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.16% 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 5.4.Change versus previous monthShort interest in Hess Midstream has recently increased by 11.93%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.18%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Hess Midstream is 121.53%. 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 85.81% 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 3.3 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 0.99. 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 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Hess Midstream this week, compared to 2 articles on an average week.Search InterestOnly 16 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat Follows13 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $377,545,000.00 in company stock.Percentage Held by Institutions92.41% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 16.54% in the coming year, from $2.54 to $2.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 16.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 16.89, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.13.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 22.06. 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 Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About Hess Midstream Stock (NYSE:HESM)Hess Midstream LP owns, develops, operates, and acquires midstream assets and provide fee-based 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 owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 660 million cubic feet per day; crude oil gathering system comprises approximately 570 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 300 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; crude oil rail cars; and other Dakota access pipeline connections, 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 HeadlinesApril 25, 2024 | investorplace.comHESM Stock Earnings: Hess Midstream Misses EPS, Beats Revenue for Q1 2024April 25, 2024 | finance.yahoo.comHess Reports Estimated Results for the First Quarter of 2024April 25, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 25, 2024 | msn.comHess Midstream Partners reports mixed Q1 results; reaffirms FY24 outlookApril 25, 2024 | businesswire.comHess Midstream LP Reports Estimated Results for the First Quarter of 2024April 24, 2024 | finance.yahoo.comHess Midstream LP (NYSE:HESM) Shares Could Be 26% Below Their Intrinsic Value EstimateApril 24, 2024 | markets.businessinsider.comHess Midstream LP Registered A earnings: here's what to expectApril 22, 2024 | businesswire.comHess Midstream LP Announces Distribution Per Share Level IncreaseApril 25, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 19, 2024 | thestreet.comHess Midstream LP Class A ShareApril 18, 2024 | americanbankingnews.comHess Midstream (HESM) to Release Earnings on ThursdayApril 17, 2024 | americanbankingnews.comHess Midstream (NYSE:HESM) Price Target Increased to $38.00 by Analysts at JPMorgan Chase & Co.April 12, 2024 | 247wallst.comHess Midstream LP - Class AApril 12, 2024 | 247wallst.comWant $27,000 In Passive Income? Invest $50,000 In These Dividend StocksApril 11, 2024 | businesswire.comHess Midstream LP Schedules Earnings Release Conference CallApril 5, 2024 | nasdaq.comHESM Factor-Based Stock AnalysisApril 4, 2024 | finance.yahoo.comHess Midstream LP (HESM)March 25, 2024 | seekingalpha.comTYG: Performance Laggard With No Near-Term CatalystMarch 17, 2024 | finance.yahoo.comHESM Apr 2024 30.000 putMarch 16, 2024 | ca.finance.yahoo.comHESM Aug 2024 37.000 putMarch 16, 2024 | finance.yahoo.comHESM Apr 2024 29.000 putMarch 16, 2024 | ca.finance.yahoo.comHESM Aug 2024 37.000 callMarch 16, 2024 | ca.finance.yahoo.comHESM Apr 2024 34.000 putMarch 16, 2024 | finance.yahoo.comHESM Apr 2024 37.000 callMarch 12, 2024 | msn.comHess Midstream (NYSE:HESM): A Solid Option for Income InvestorsMarch 10, 2024 | finance.yahoo.comHESM May 2024 35.000 putFebruary 29, 2024 | businesswire.comHess Midstream LP Announces Filing of 2023 Annual Report on Form 10-KSee 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 Earnings1/31/2024Ex-Dividend for 2/14 Dividend2/07/2024Dividend Payable2/14/2024Today4/25/2024Next Earnings (Confirmed)4/25/2024Ex-Dividend for 5/14 Dividend5/01/2024Dividend Payable5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A 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$35.67 High Stock Price Target$38.00 Low Stock Price Target$32.00 Potential Upside/Downside+0.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.09 Trailing P/E Ratio17.03 Forward P/E Ratio14.01 P/E GrowthN/ANet Income$118.60 million Net Margins8.79% Pretax Margin47.87% Return on Equity28.21% Return on Assets3.20% Debt Debt-to-Equity Ratio8.81 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$1.35 billion Price / Sales5.97 Cash Flow$1.42 per share Price / Cash Flow25.02 Book Value$1.60 per share Price / Book22.24Miscellaneous Outstanding Shares226,310,000Free FloatN/AMarket Cap$8.05 billion OptionableOptionable Beta1.50 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)Chairman & CEO of Hess Midstream GP LLC Mr. John A. Gatling (Age 50)President & COO of Hess Midstream GP LLC Mr. Jonathan C. Stein (Age 55)Chief Financial Officer of Hess Midstream GP LLC Mr. Timothy B. Goodell (Age 67)General Counsel & Secretary of Hess Midstream GP LLC Mr. John P. Rielly (Age 62)VP & Director of Hess Midstream GP LLC Jennifer GordonDirector of Investor RelationsMore ExecutivesKey CompetitorsSouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRChord EnergyNASDAQ:CHRDRange ResourcesNYSE:RRCViper EnergyNASDAQ:VNOMView All CompetitorsInsiders & InstitutionsKercheville Advisors LLCSold 302 shares on 4/25/2024Ownership: 0.089%Cambridge Investment Research Advisors Inc.Bought 3,725 shares on 4/25/2024Ownership: 0.034%CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENTSold 3,870 shares on 4/24/2024Ownership: 0.585%Raymond James Financial Services Advisors Inc.Bought 3,185 shares on 4/23/2024Ownership: 0.083%Venturi Wealth Management LLCSold 1,815 shares on 4/23/2024Ownership: 0.008%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research 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 12 month target prices for Hess Midstream's shares. Their HESM share price targets range from $32.00 to $38.00. On average, they predict the company's share price to reach $35.67 in the next twelve months. This suggests a possible upside of 1.1% 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 2024? Hess Midstream's stock was trading at $31.63 at the beginning of the year. Since then, HESM stock has increased by 11.6% and is now trading at $35.29. View the best growth stocks for 2024 here. Are investors shorting Hess Midstream? Hess Midstream saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 4,880,000 shares, an increase of 11.9% from the March 31st total of 4,360,000 shares. Based on an average trading volume of 902,700 shares, the short-interest ratio is presently 5.4 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 Thursday, April 25th 2024. View our HESM earnings forecast. How can I listen to Hess Midstream's earnings call? Hess Midstream will be holding an earnings conference call on Thursday, April 25th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its earnings results on Wednesday, January, 31st. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.60 by $0.05. The business had revenue of $356.50 million for the quarter, compared to the consensus estimate of $358.86 million. Hess Midstream had a trailing twelve-month return on equity of 28.21% and a net margin of 8.79%. Hess Midstream's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream declared a quarterly dividend on Monday, April 22nd. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.6516 per share on Tuesday, May 14th. This represents a $2.61 annualized dividend and a yield of 7.39%. The ex-dividend date is Wednesday, May 1st. This is a boost from the stock's previous quarterly dividend of $0.63. Read our dividend analysis for HESM. Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.54 per share and currently has a dividend yield of 7.18%. 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 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 121.53%. 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 85.81% 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 Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), BNY Mellon Global Infrastructure Income ETF (BKGI), InfraCap MLP ETF (AMZA), First Trust Natural Gas ETF (FCG), Pacer American Energy Independence ETF (USAI), VanEck Energy Income ETF (EINC) 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? Hess Midstream (HESM) raised $250 million in an initial public offering (IPO) 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 acted 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 institutional and retail investors. Top institutional shareholders include CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.59%), Miller Howard Investments Inc. NY (0.30%), Artemis Investment Management LLP (0.26%), Kercheville Advisors LLC (0.09%), Raymond James Financial Services Advisors Inc. (0.08%) and Stokes Capital Advisors LLC (0.06%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:HESM) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe A.I. story nobody is telling you (Read ASAP)TradeSmithRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyYour Money is Not SafeAmerican Alternative Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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