S&P 500   4,701.21 (+0.31%)
DOW   35,754.75 (+0.10%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
S&P 500   4,701.21 (+0.31%)
DOW   35,754.75 (+0.10%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
S&P 500   4,701.21 (+0.31%)
DOW   35,754.75 (+0.10%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
S&P 500   4,701.21 (+0.31%)
DOW   35,754.75 (+0.10%)
QQQ   399.61 (+0.45%)
AAPL   175.08 (+2.28%)
MSFT   334.97 (+0.01%)
FB   330.56 (+2.40%)
GOOGL   2,963.73 (+0.62%)
AMZN   3,523.16 (+0.00%)
TSLA   1,068.96 (+1.64%)
NVDA   318.26 (-1.85%)
BABA   125.08 (-0.37%)
NIO   35.05 (+5.83%)
CGC   10.94 (+2.82%)
AMD   145.24 (+0.27%)
GE   98.28 (+0.75%)
MU   86.02 (+0.22%)
T   23.17 (+0.39%)
F   19.81 (-0.75%)
DIS   153.34 (+1.68%)
PFE   51.40 (-0.62%)
AMC   32.35 (+4.22%)
ACB   6.57 (+2.98%)
BA   211.03 (+1.05%)
NYSE:HESM

Hess Midstream Stock Forecast, Price & News

$26.39
+0.25 (+0.96%)
(As of 12/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$26.00
$26.47
50-Day Range
$23.88
$29.04
52-Week Range
$18.88
$30.34
Volume
455,274 shs
Average Volume
266,241 shs
Market Capitalization
$888.37 million
P/E Ratio
16.39
Dividend Yield
7.80%
Beta
2
30 days | 90 days | 365 days | Advanced Chart
Receive HESM 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.


Hess Midstream logo

About Hess Midstream

Hess Midstream LP engages in the ownership, development and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage and Terminaling and Export. The Gathering segment consists of natural gas and crude oil gathering and compression. The Processing and Storage segment includes Tioga gas plant, equity investment in Little Missouri (LM4) joint venture and mentor storage terminal. The Terminaling and Export segment comprises of ramberg terminal facility, Tioga rail terminal, crude oil rail cars and Johnson's corner header system. The company was founded on January 17, 2014 and is headquartered in Houston, TX.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Previous Symbol
NASDAQ:HESM
Fax
N/A
Employees
196
Year Founded
N/A

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$7.50 per share

Profitability

Net Income
$24 million
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$888.37 million
Optionable
Optionable

Company Calendar

Last Earnings
10/27/2021
Ex-Dividend
11/03/2021
Dividend Payable
11/12/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

MarketRank

Overall MarketRank

2.21 out of 5 stars

Oils/Energy Sector

105th out of 358 stocks

Crude Petroleum & Natural Gas Industry

46th out of 113 stocks

Analyst Opinion: 2.3Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 5 -4 -3 -2 -1 -












Hess Midstream (NYSE:HESM) Frequently Asked Questions

Is Hess Midstream a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Hess Midstream stock.
View analyst ratings for Hess Midstream
or view top-rated stocks.

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

Hess Midstream's stock was trading at $10.92 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HESM shares have increased by 141.7% and is now trading at $26.39.
View which stocks have been most impacted by COVID-19
.

When is Hess Midstream's next earnings date?

Hess Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Hess Midstream
.

How were Hess Midstream's earnings last quarter?

Hess Midstream LP (NYSE:HESM) released its quarterly earnings data on Wednesday, October, 27th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.01. During the same period in the prior year, the business posted $0.31 earnings per share.
View Hess Midstream's earnings history
.

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

Hess Midstream announced a quarterly dividend on Monday, October 25th. Shareholders of record on Thursday, November 4th will be paid a dividend of $0.51 per share on Friday, November 12th. This represents a $2.04 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Wednesday, November 3rd. This is an increase from Hess Midstream's previous quarterly dividend of $0.50.
View Hess Midstream's dividend history
.

Is Hess Midstream a good dividend stock?

Hess Midstream pays an annual dividend of $2.04 per share and currently has a dividend yield of 7.80%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Hess Midstream has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Hess Midstream is 126.71%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Hess Midstream will have a dividend payout ratio of 86.08% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend.
View Hess Midstream's dividend history.

What price target have analysts set for HESM?

7 brokerages have issued 1 year target prices for Hess Midstream's shares. Their forecasts range from $27.00 to $31.00. On average, they expect Hess Midstream's stock price to reach $29.29 in the next year. This suggests a possible upside of 11.0% from the stock's current price.
View analysts' price targets for Hess Midstream
or view top-rated stocks among Wall Street analysts.

Who are Hess Midstream's key executives?

Hess Midstream's management team includes the following people:
  • John B. Hess, Chairman & Chief Executive Officer
  • John A. Gatling, President & Chief Operating Officer
  • Jonathan C. Stein, Chief Financial Officer
  • John P. Rielly, Director & Vice President
  • Jennifer Gordon, Investor relations Contact

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?

(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.

What is Hess Midstream's stock symbol?

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

Who are Hess Midstream's major shareholders?

Hess Midstream's stock is owned by a variety of retail and institutional investors. Top institutional investors include Invesco Ltd. (8.34%), CI Investments Inc. (6.49%), Cushing Asset Management LP (4.17%), Allianz Asset Management GmbH (3.90%), Goldman Sachs Group Inc. (3.27%) and Tortoise Capital Advisors L.L.C. (2.59%). Company insiders that own Hess Midstream stock include Corp Hess, John A Gatling, John B Hess, Jonathan C Stein and Stephen J J Letwin.
View institutional ownership trends for Hess Midstream
.

Which institutional investors are selling Hess Midstream stock?

HESM stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Allianz Asset Management GmbH, Marshall Wace LLP, NBW Capital LLC, Goldman Sachs Group Inc., Invesco Ltd., Schroder Investment Management Group, and Morgan Stanley. Company insiders that have sold Hess Midstream company stock in the last year include Corp Hess, John A Gatling, John B Hess, and Jonathan C Stein.
View insider buying and selling activity for Hess Midstream
or view top insider-selling stocks.

Which institutional investors are buying Hess Midstream stock?

HESM stock was purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, U.S. Capital Wealth Advisors LLC, CI Investments Inc., Bramshill Investments LLC, Assenagon Asset Management S.A., Citigroup Inc., CFM Wealth Partners LLC, and CastleArk Alternatives LLC. Company insiders that have bought Hess Midstream 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
or or view top insider-buying stocks.

How do I buy shares of Hess Midstream?

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

What is Hess Midstream's stock price today?

One share of HESM stock can currently be purchased for approximately $26.39.

How much money does Hess Midstream make?

Hess Midstream has a market capitalization of $888.37 million and generates $1.09 billion in revenue each year. The company earns $24 million in net income (profit) each year or $1.61 on an earnings per share basis.

How many employees does Hess Midstream have?

Hess Midstream employs 196 workers across the globe.

What is Hess Midstream's official website?

The official website for Hess Midstream is www.hessmidstream.com.

Where are Hess Midstream's headquarters?

Hess Midstream is headquartered at 1501 MCKINNEY STREET, HOUSTON TX, 77010.

How can I contact Hess Midstream?

Hess Midstream's 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 12/8/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.