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

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$22.88 -0.87 (-3.66 %)
(As of 09/23/2018 02:25 PM ET)
Previous Close$22.88
Today's Range$22.85 - $23.77
52-Week Range$18.32 - $24.51
Volume45,983 shs
Average Volume48,147 shs
Market Capitalization$624.56 million
P/E Ratio19.90
Dividend Yield6.03%
Beta1.99
Hess Midstream Partners logoHess 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

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:HESM
CUSIPN/A
Phone713-496-4200

Debt

Debt-to-Equity RatioN/A
Current Ratio1.18
Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio19.90
Forward P/E Ratio18.02
P/E Growth1.39

Sales & Book Value

Annual Sales$565.80 million
Price / Sales1.10
Cash Flow$14.5732 per share
Price / Cash1.57
Book Value$93.67 per share
Price / Book0.24

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$284.80 million
Net Margins10.34%
Return on Equity2.48%
Return on Assets2.40%

Miscellaneous

Employees176
Outstanding Shares27,300,000
Market Cap$624.56 million

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 Monday, July 23rd. Stockholders of record on Thursday, August 2nd will be paid a dividend of $0.345 per share on Monday, August 13th. This represents a $1.38 annualized dividend and a dividend yield of 6.03%. The ex-dividend date of this dividend is Wednesday, August 1st. This is a positive change from Hess Midstream Partners's previous quarterly dividend of $0.33. 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, 25th. The company reported $0.32 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.30 by $0.02. The company had revenue of $164.70 million for the quarter, compared to the consensus estimate of $159.10 million. Hess Midstream Partners had a return on equity of 2.48% and a net margin of 10.34%. 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 Thursday, October, 25th 2018. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

3 analysts have issued 1 year price targets for Hess Midstream Partners' shares. Their forecasts range from $25.00 to $31.00. On average, they anticipate Hess Midstream Partners' stock price to reach $27.3333 in the next year. This suggests a possible upside of 19.5% 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.

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 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 acted 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 number of of retail and institutional investors. Top institutional shareholders include FMR LLC (5.68%), Kayne Anderson Capital Advisors LP (2.24%), HITE Hedge Asset Management LLC (1.99%), OppenheimerFunds Inc. (1.78%), Dividend Assets Capital LLC (1.42%) and Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.22%). 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 FMR LLC, OppenheimerFunds Inc., Bank of America Corp DE, HITE Hedge Asset Management LLC and Cbre Clarion Securities LLC. 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 bought by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Dividend Assets Capital LLC, GSA Capital Partners LLP, Duff & Phelps Investment Management Co., Acadian Asset Management LLC, Kayne Anderson Capital Advisors LP, Renaissance Technologies LLC and Raymond James Financial Services Advisors Inc.. 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 $22.88.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $624.56 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:  2.4 out of 5 (star star)
Outperform Votes:  152 (Vote Outperform)
Underperform Votes:  160 (Vote Underperform)
Total Votes:  312
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 9/23/2018 by MarketBeat.com Staff

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