NYSE:HESM - Hess Midstream Partners Stock Price, News & Analysis

$18.18
-0.23 (-1.25 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$18.42
Now: $18.18
$18.48
50-Day Range
$17.98
MA: $19.56
$20.98
52-Week Range
$16.17
Now: $18.18
$23.80
Volume98,762 shs
Average Volume112,796 shs
Market Capitalization$497.04 million
P/E Ratio14.92
Dividend Yield8.45%
Beta1.46
Hess Midstream Partners LP owns, operates, develops, and acquires midstream assets to provide 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 is involved in the natural gas and crude oil gathering and compression activities located primarily in McKenzie, Williams and Mountrail Counties, and North Dakota. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Previous SymbolNASDAQ:HESM
CUSIPN/A
Phone713-496-4200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$662.40 million
Cash Flow$6.8346 per share
Book Value$103.03 per share

Profitability

Net Income$372.30 million

Miscellaneous

EmployeesN/A
Market Cap$497.04 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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Hess Midstream Partners (NYSE:HESM) Frequently Asked Questions

What is Hess Midstream Partners' stock symbol?

Hess Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "HESM."

How often does Hess Midstream Partners pay dividends? What is the dividend yield for Hess Midstream Partners?

Hess Midstream Partners announced a quarterly dividend on Thursday, July 25th. Shareholders of record on Monday, August 5th will be given a dividend of $0.397 per share on Tuesday, August 13th. This represents a $1.59 annualized dividend and a yield of 8.73%. The ex-dividend date of this dividend is Friday, August 2nd. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) released its quarterly earnings results on Wednesday, July, 31st. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The company earned $172.80 million during the quarter, compared to analysts' expectations of $178.55 million. Hess Midstream Partners had a return on equity of 2.54% and a net margin of 10.16%. View Hess Midstream Partners' Earnings History.

When is Hess Midstream Partners' next earnings date?

Hess Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

6 Wall Street analysts have issued twelve-month target prices for Hess Midstream Partners' shares. Their predictions range from $24.00 to $27.00. On average, they anticipate Hess Midstream Partners' stock price to reach $25.60 in the next year. This suggests a possible upside of 40.8% from the stock's current price. View Analyst Price Targets for Hess Midstream Partners.

What is the consensus analysts' recommendation for Hess Midstream Partners?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream Partners in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Hess Midstream Partners.

Has Hess Midstream Partners been receiving favorable news coverage?

News stories about HESM stock have trended positive on Saturday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hess Midstream Partners earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Hess Midstream Partners.

Are investors shorting Hess Midstream Partners?

Hess Midstream Partners saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 92,400 shares, an increase of 11.5% from the June 30th total of 82,900 shares. Based on an average daily volume of 142,000 shares, the short-interest ratio is presently 0.7 days. Currently, 0.6% of the company's stock are sold short. View Hess Midstream Partners' Current Options Chain.

Who are some of Hess Midstream Partners' key competitors?

What other stocks do shareholders of Hess Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream Partners investors own include Omega Healthcare Investors (OHI), Bank of America (BAC), Apollo Global Management (APO), Enterprise Products Partners (EPD), New Mountain Finance (NMFC), WP Carey (WPC), AGNC Investment (AGNC), Apple Hospitality REIT (APLE), Intelsat (I) and AT&T (T).

Who are Hess Midstream Partners' key executives?

Hess Midstream Partners' management team includes the folowing people:
  • Mr. Jonathan C. Stein, Chief Financial Officer of Hess Midstream Partners GP LLC (Age 50)
  • Mr. John A. Gatling, Chief Operating Officer of Hess Midstream Partners GP LLC (Age 45)
  • Mr. John B. Hess, Chairman & CEO of Hess Midstream Partners GP LLC (Age 65)
  • Jennifer Gordon, Director of Investor Relations
  • Mr. Timothy B. Goodell, Gen. Counsel & Sec. of Hess Midstream Partners GP LLC (Age 62)

When did Hess Midstream Partners IPO?

(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' stock is owned by many different of retail and institutional investors. Top institutional investors include Kayne Anderson Capital Advisors LP (4.80%), Morgan Stanley (4.05%), Tortoise Capital Advisors L.L.C. (3.43%), Invesco Ltd. (1.74%), Dividend Assets Capital LLC (1.46%) and JPMorgan Chase & Co. (1.33%). Company insiders that own Hess Midstream Partners stock include Gerald A Tamborski, John A Gatling and Jonathan C Stein. View Institutional Ownership Trends for Hess Midstream Partners.

Which major investors are selling Hess Midstream Partners stock?

HESM stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, JPMorgan Chase & Co., Cohen & Steers Inc., Dividend Assets Capital LLC, Acadian Asset Management LLC, Natixis, Natixis and Spirit of America Management Corp NY. Company insiders that have sold Hess Midstream Partners company stock in the last year include Gerald A Tamborski and Jonathan C Stein. View Insider Buying and Selling for Hess Midstream Partners.

Which major investors are buying Hess Midstream Partners stock?

HESM stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Invesco Ltd., Morgan Stanley, Marshall Wace LLP, Allianz Asset Management GmbH, Eagle Global Advisors LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Hess Midstream Partners.

How do I buy shares of Hess Midstream Partners?

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

What is Hess Midstream Partners' stock price today?

One share of HESM stock can currently be purchased for approximately $18.18.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $497.04 million and generates $662.40 million in revenue each year. The company earns $372.30 million in net income (profit) each year or $1.27 on an earnings per share basis. View Additional Information About Hess Midstream Partners.

What is Hess Midstream Partners' official website?

The official website for Hess Midstream Partners is http://www.hessmidstream.com/.

How can I contact Hess Midstream Partners?

Hess Midstream Partners' mailing address is 1501 MCKINNEY STREET, HOUSTON TX, 77010. The company can be reached via phone at 713-496-4200 or via email at [email protected]


MarketBeat Community Rating for Hess Midstream Partners (NYSE HESM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  200 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  410
MarketBeat's community ratings are surveys of what our community members think about Hess Midstream Partners and other stocks. Vote "Outperform" if you believe HESM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HESM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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