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

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$20.39 +0.20 (+0.99 %)
(As of 11/16/2018 11:07 AM ET)
Previous Close$20.19
Today's Range$20.02 - $20.39
52-Week Range$18.32 - $24.51
Volume2,290 shs
Average Volume51,275 shs
Market Capitalization$557.68 million
P/E Ratio16.75
Dividend Yield7.00%
Beta1.17
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio0.94
Quick Ratio1.18

Price-To-Earnings

Trailing P/E Ratio16.75
Forward P/E Ratio16.06
P/E Growth1.46

Sales & Book Value

Annual Sales$565.80 million
Price / Sales0.98
Cash Flow$14.5643 per share
Price / Cash1.40
Book Value$98.46 per share
Price / Book0.21

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$284.80 million
Net Margins10.53%
Return on Equity2.58%
Return on Assets2.49%

Miscellaneous

Employees176
Outstanding Shares27,300,000
Market Cap$557.68 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 paid a dividend of $0.3575 per share on Tuesday, November 13th. This represents a $1.43 dividend on an annualized basis and a yield of 7.01%. 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) posted its earnings results on Wednesday, October, 31st. The company reported $0.34 EPS for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.02. The firm had revenue of $169.50 million for the quarter, compared to the consensus estimate of $169.15 million. Hess Midstream Partners had a net margin of 10.53% and a return on equity of 2.58%. 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 Monday, February 4th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

5 analysts have issued 1-year price objectives for Hess Midstream Partners' shares. Their predictions range from $25.00 to $31.00. On average, they expect Hess Midstream Partners' stock price to reach $27.40 in the next year. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for Hess Midstream Partners.

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream Partners in the last year. There are currently 5 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 Friday, InfoTrie reports. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hess Midstream Partners earned a coverage optimism score of 2.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

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 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 FMR LLC (5.73%), Kayne Anderson Capital Advisors LP (2.61%), Dividend Assets Capital LLC (1.67%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (1.23%), Wells Fargo & Company MN (0.88%) and Virtus Alternative Investment Advisers Inc. (0.79%). 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 institutional investors are selling Hess Midstream Partners stock?

HESM stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Levin Capital Strategies L.P., BP Capital Fund Advisors LLC, GSA Capital Partners LLP, Brookfield Asset Management Inc. and Pinnacle Holdings 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 institutional investors are buying Hess Midstream Partners stock?

HESM stock was bought by a variety of institutional investors in the last quarter, including Virtus Alternative Investment Advisers Inc., Kayne Anderson Capital Advisors LP, Dividend Assets Capital LLC, Russell Investments Group Ltd., MetLife Investment Advisors LLC, Acadian Asset Management LLC, Castleark Management LLC and FMR 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 $20.39.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $557.68 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:  162 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  325
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 11/16/2018 by MarketBeat.com Staff

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