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

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$19.87 +0.11 (+0.56 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$19.76
Today's Range$19.75 - $19.95
52-Week Range$16.17 - $24.51
Volume29,800 shs
Average Volume107,536 shs
Market Capitalization$530.93 million
P/E Ratio15.94
Dividend Yield7.07%
Beta1.08
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 include natural gas and crude oil gathering and compression systems 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 NGL gathering pipelines with capacity of up to 345 MMcf/d, including an aggregate compression capacity of 174 MMcf/d; and crude oil gathering system comprises approximately 400 miles of crude oil gathering pipelines with capacity of up to 161 MBbl/d. The Processing and Storage segment consists of 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. The company was founded in 2014 and is based in Houston, Texas.

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Industry, Sector and Symbol

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

Debt

Current Ratio0.94
Quick Ratio0.94

Price-To-Earnings

Sales & Book Value

Annual Sales$565.80 million
Price / Sales0.96
Cash Flow$14.9398 per share
Price / Cash Flow1.33
Book Value$93.67 per share
Price / Book0.21

Profitability

Net Income$284.80 million
Net Margins10.53%
Return on Assets2.49%

Miscellaneous

Employees176
Market Cap$530.93 million
OptionableOptionable

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, October 25th. Shareholders of record on Monday, November 5th will be given a dividend of $0.3575 per share on Tuesday, November 13th. This represents a $1.43 annualized dividend and a yield of 7.20%. The ex-dividend date is Friday, November 2nd. This is a positive change from Hess Midstream Partners's previous quarterly dividend of $0.35. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) issued its quarterly earnings results on Wednesday, October, 31st. The company reported $0.34 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.32 by $0.02. The business had revenue of $169.50 million for the quarter, compared to analysts' expectations of $169.15 million. Hess Midstream Partners had a return on equity of 2.58% and a net margin of 10.53%. 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, January 30th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

3 brokers have issued 12 month target prices for Hess Midstream Partners' stock. Their forecasts range from $24.00 to $27.00. On average, they anticipate Hess Midstream Partners' stock price to reach $25.6667 in the next year. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for Hess Midstream Partners.

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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream Partners in the last year. There are currently 3 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?

Press coverage about HESM stock has been trending positive on Wednesday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hess Midstream Partners earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Who are some of Hess Midstream Partners' key competitors?

Who are Hess Midstream Partners' key executives?

Hess Midstream Partners' management team includes the folowing people:
  • Mr. John B. Hess, Chairman & CEO of Hess Midstream Partners GP LLC (Age 64)
  • Mr. Jonathan C. Stein, Chief Financial Officer of Hess Midstream Partners GP LLC (Age 49)
  • Mr. John A. Gatling, Chief Operating Officer of Hess Midstream Partners GP LLC (Age 44)
  • Jennifer Gordon, Director, Investor Relations
  • Mr. Timothy B. Goodell, Gen. Counsel & Sec. of Hess Midstream Partners GP LLC (Age 61)

When did Hess Midstream Partners IPO?

(HESM) raised $250 million in an initial public offering (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.

Who are Hess Midstream Partners' major shareholders?

Hess Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Spirit of America Management Corp NY (0.93%) and Virtu Financial LLC (0.04%). Company insiders that own Hess Midstream Partners stock include Gerald A Tamborski, Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. 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 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 Virtu Financial LLC. Company insiders that have bought Hess Midstream Partners stock in the last two years include Gregory P Hill, John A Gatling, John B Hess, John P Rielly, Jonathan C Stein and Timothy B Goodell. 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 $19.87.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $530.93 million and generates $565.80 million in revenue each year. Hess Midstream Partners employs 176 workers across the globe.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  170 (Vote Outperform)
Underperform Votes:  170 (Vote Underperform)
Total Votes:  340
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 1/16/2019 by MarketBeat.com Staff

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