NYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis $37.32 +0.11 (+0.30%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$37.05▼$37.6050-Day Range$34.19▼$38.6152-Week Range$27.57▼$39.11Volume558,340 shsAverage Volume915,502 shsMarket Capitalization$8.34 billionP/E Ratio16.89Dividend Yield6.99%Price Target$36.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Hess Midstream alerts: Email Address Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.3% Downside$36.83 Price TargetShort InterestBearish2.25% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.59Based on 5 Articles This WeekInsider TradingSelling Shares$391.23 M Sold Last QuarterProj. Earnings Growth10.18%From $2.26 to $2.49 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.1.69 out of 5 starsOils/Energy Sector199th out of 248 stocksCrude Petroleum & Natural Gas Industry68th out of 80 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.Read more about Hess Midstream's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.25% 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 5.3.Change versus previous monthShort interest in Hess Midstream has recently increased by 9.11%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 6.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hess Midstream is 118.10%. 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 104.82% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend.Read more about Hess Midstream's 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 3.1 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Hess Midstream this week, compared to 3 articles on an average week.Search Interest9 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows5 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 150% 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 $391,230,000.00 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.Read more about Hess Midstream's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 10.18% in the coming year, from $2.26 to $2.49 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 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 16.89, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.53.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 23.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Hess Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 26 at 2:27 AM | money.usnews.comHess Midstream LP - Ordinary Shares - Class AJuly 17, 2024 | americanbankingnews.comHess Midstream (NYSE:HESM) Hits New 52-Week High at $38.16July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.June 25, 2024 | businesswire.comHess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit RepurchaseJune 23, 2024 | 247wallst.com6 Ultra-High Yield Energy MLPs to Buy Now and One Yields Over 15%June 6, 2024 | businesswire.comHess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables ConferenceMay 29, 2024 | businesswire.comHess Midstream LP Announces Pricing of Secondary Public Offering of Class A SharesMay 29, 2024 | businesswire.comHess Midstream LP Announces Secondary Public Offering of Class A SharesJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 23, 2024 | finance.yahoo.comThose who invested in Hess Midstream (NYSE:HESM) five years ago are up 172%May 19, 2024 | benzinga.comHess Midstream Stock (NYSE:HESM), Quotes and News SummaryMay 8, 2024 | finance.yahoo.comHess Midstream Subsidiary Plans Private Offering of Senior NotesMay 8, 2024 | businesswire.comHess Midstream Operations LP Announces Private Offering of Senior Notes Due 2029May 2, 2024 | msn.comPTEN Stock Earnings: Patterson-UTI Energy Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | businesswire.comHess Midstream LP to Participate in Investor ConferencesApril 27, 2024 | seekingalpha.comHess Midstream LP (HESM) Q1 2024 Earnings Call TranscriptApril 26, 2024 | finance.yahoo.comHess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.6516April 26, 2024 | finanznachrichten.deHess Corporation: Hess Reports Estimated Results for the First Quarter of 2024See 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 5/14 Dividend5/01/2024Dividend Payable5/14/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees200Year FoundedN/APrice Target and Rating Average Stock Price Target$36.83 High Stock Price Target$40.00 Low Stock Price Target$32.00 Potential Upside/Downside-1.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio16.84 Forward P/E Ratio16.46 P/E GrowthN/ANet Income$118.60 million Net Margins10.18% Pretax Margin48.11% Return on Equity35.08% Return on Assets3.78% Debt Debt-to-Equity Ratio8.67 Current Ratio0.89 Quick Ratio0.89 Sales & Book Value Annual Sales$1.35 billion Price / Sales6.17 Cash Flow$1.40 per share Price / Cash Flow26.57 Book Value$1.60 per share Price / Book23.26Miscellaneous Outstanding Shares223,550,000Free FloatN/AMarket Cap$8.32 billion OptionableOptionable Beta1.52 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsDevon EnergyNYSE:DVNCoterra EnergyNYSE:CTRAMarathon OilNYSE:MROEQTNYSE:EQTOvintivNYSE:OVVView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpSold 7,557 shares on 7/26/2024Ownership: 0.306%Catalyst Capital Advisors LLCBought 3,744 shares on 7/26/2024Ownership: 0.075%Cambridge Investment Research Advisors Inc.Bought 11,788 shares on 7/26/2024Ownership: 0.039%Spirit of America Management Corp NYSold 9,000 shares on 7/25/2024Ownership: 0.082%Fullcircle Wealth LLCBought 7,000 shares on 7/25/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions HESM Stock Analysis - Frequently Asked Questions How have HESM shares performed this year? Hess Midstream's stock was trading at $31.63 at the beginning of the year. Since then, HESM stock has increased by 18.0% and is now trading at $37.32. View the best growth stocks for 2024 here. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its quarterly earnings data on Wednesday, January, 31st. The company reported $0.55 EPS for the quarter, missing analysts' consensus estimates of $0.60 by $0.05. The business's quarterly revenue was up 13.3% compared to the same quarter last year. When did Hess Midstream IPO? Hess Midstream (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. Who are Hess Midstream's major shareholders? Hess Midstream's top institutional shareholders include Bank of New York Mellon Corp (0.31%), Artemis Investment Management LLP (0.29%), Spirit of America Management Corp NY (0.08%) and SG Americas Securities LLC (0.08%). Insiders that own company stock include John A Gatling, Jonathan C Stein, Infrastructure Investor Global and Corp Hess. 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. What other stocks do shareholders of Hess Midstream own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hess Midstream investors own include Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), ONEOK (OKE), Energy Transfer (ET), Kinder Morgan (KMI) and Omega Healthcare Investors (OHI). 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