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NYSE:HESMHess Midstream Partners Stock Price, Forecast & News

+0.63 (+3.51 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $18.57
50-Day Range
MA: $17.73
52-Week Range
Now: $18.57
Volume86,500 shs
Average Volume283,859 shs
Market Capitalization$334.78 million
P/E Ratio14.86
Dividend Yield9.42%
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. Its gathering systems consists of approximately 1,200 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of up to 370 million cubic feet per day approximately, including an aggregate compression capacity of 190 million cubic feet per day; and crude oil gathering system comprises approximately 400 miles of crude oil gathering pipelines with capacity of up to 160 thousand barrels per day. The Processing and Storage segment operates Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, 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; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream Partners LP was founded in 2014 and is based in Houston, Texas.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 3.8 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.27 out of 5 stars

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Previous SymbolNASDAQ:HESM



Sales & Book Value

Annual Sales$848.30 million
Cash Flow$7.17 per share
Book Value$99.31 per share


Net Income$70.10 million


Market Cap$334.78 million
Next Earnings Date11/4/2020 (Estimated)
+0.63 (+3.51 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Hess Midstream Partners (NYSE:HESM) Frequently Asked Questions

How has Hess Midstream Partners' stock been impacted by COVID-19 (Coronavirus)?

Hess Midstream Partners' stock was trading at $10.92 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HESM stock has increased by 70.1% and is now trading at $18.57.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of 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 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Hess Midstream Partners

When is Hess Midstream Partners' next earnings date?

Hess Midstream Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Hess Midstream Partners

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) announced its quarterly earnings results on Wednesday, July, 29th. The company reported $0.29 EPS for the quarter, missing the Zacks' consensus estimate of $0.36 by $0.07. The firm had revenue of $269.80 million for the quarter, compared to analyst estimates of $168.76 million. Hess Midstream Partners had a net margin of 4.66% and a return on equity of 1.65%.
View Hess Midstream Partners' earnings history

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 Tuesday, July 28th. Stockholders of record on Thursday, August 6th will be given a dividend of $0.4363 per share on Friday, August 14th. This represents a $1.75 annualized dividend and a dividend yield of 9.40%. The ex-dividend date of this dividend is Wednesday, August 5th. This is an increase from Hess Midstream Partners's previous quarterly dividend of $0.43.
View Hess Midstream Partners' dividend history

What price target have analysts set for HESM?

6 brokers have issued 12-month target prices for Hess Midstream Partners' stock. Their forecasts range from $17.00 to $28.00. On average, they anticipate Hess Midstream Partners' share price to reach $22.00 in the next twelve months. This suggests a possible upside of 18.5% from the stock's current price.
View analysts' price targets for Hess Midstream Partners

Has Hess Midstream Partners been receiving favorable news coverage?

News stories about HESM stock have trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hess Midstream Partners earned a news impact score of -2.4 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Hess Midstream Partners

Are investors shorting Hess Midstream Partners?

Hess Midstream Partners saw a drop in short interest in May. As of May 15th, there was short interest totaling 246,600 shares, a drop of 29.3% from the April 30th total of 348,900 shares. Based on an average trading volume of 413,400 shares, the short-interest ratio is presently 0.6 days. Approximately 1.5% of the company's shares are short sold.
View Hess Midstream Partners' Short Interest

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 Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), AT&T (T), Apollo Global Management (APO), Omega Healthcare Investors (OHI), Bank of America (BAC), EPR Properties (EPR), General Electric (GE), Ares Capital (ARCC) and Intelsat (I).

Who are Hess Midstream Partners' key executives?

Hess Midstream Partners' management team includes the following 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 IPO 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.

What is Hess Midstream Partners' stock symbol?

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

Who are Hess Midstream Partners' major shareholders?

Hess Midstream Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Goldman Sachs Group Inc. (3.04%), FMR LLC (2.80%), UBS Group AG (2.76%), Dividend Assets Capital LLC (1.78%), Kayne Anderson Capital Advisors LP (1.70%) and Spirit of America Management Corp NY (1.18%). Company insiders that own Hess Midstream Partners stock include Gerald A Tamborski, John A Gatling, John B Hess, Jonathan C Stein and Stephen J J Letwin.
View institutional ownership trends for Hess Midstream Partners

Which institutional investors are selling Hess Midstream Partners stock?

HESM stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, FMR LLC, Goldman Sachs Group Inc., Miller Howard Investments Inc. NY, Dividend Assets Capital LLC, Spirit of America Management Corp NY, First Trust Advisors LP, and Rafferty Asset Management LLC.
View insider buying and selling activity for Hess Midstream Partners

Which institutional investors are buying Hess Midstream Partners stock?

HESM stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Teacher Retirement System of Texas, Cbre Clarion Securities LLC, Alps Advisors Inc., Raymond James Financial Services Advisors Inc., Virtu Financial LLC, Advisors Asset Management Inc., and State of Tennessee Treasury Department. Company insiders that have bought Hess Midstream Partners stock in the last two years include John A Gatling, John B Hess, and Stephen J J Letwin.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Hess Midstream Partners' stock price today?

One share of HESM stock can currently be purchased for approximately $18.57.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $334.78 million and generates $848.30 million in revenue each year. The company earns $70.10 million in net income (profit) each year or $1.20 on an earnings per share basis.

What is Hess Midstream Partners' official website?

The official website for Hess Midstream Partners is 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]

This page was last updated on 8/14/2020 by MarketBeat.com Staff

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