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

$20.80 +0.20 (+0.97 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$20.60
Today's Range$20.40 - $21.09
52-Week Range$18.32 - $26.78
Volume393,425 shs
Average Volume165,471 shs
Market Capitalization$564.42 million
P/E RatioN/A
Dividend Yield6.22%
BetaN/A

About Hess Midstream Partners (NYSE:HESM)

Hess Midstream Partners logoHess Midstream Partners LP is a fee-based, traditional master limited partnership formed to own, operate, develop and acquire a set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. The Company's assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota (collectively referred as the Bakken). It operates its business through three segments: gathering; processing and storage; and terminaling and export. The Company’s gathering business consisted of its 20% controlling economic interest in Gathering Opco, which owns North Dakota natural gas, natural gas liquids and crude oil gathering systems. The Company’s processing and storage business consisted of its 20% controlling economic interest in the Tioga Gas Plant and its 100% interest in the Mentor Storage Terminal. The Company’s terminaling and export business consisted of its 20% controlling economic interest in Logistics Opco.

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Industry, Sector and Symbol

Industry LNG Transportation & Storage
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:HESM
CUSIPN/A
Phone713-496-4200

Debt

Debt-to-Equity RatioN/A
Current Ratio2.14%
Quick Ratio2.14%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio17.48
P/E Growth1.33

Sales & Book Value

Annual Sales$509.80 million
Price / Sales1.11
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net Income$206.30 million
Net Margins18.29%
Return on Equity4.20%
Return on Assets3.97%

Miscellaneous

Employees186
Outstanding Shares27,280,000

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 declared a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Friday, February 2nd will be paid a dividend of $0.322 per share on Tuesday, February 13th. This represents a $1.29 dividend on an annualized basis and a dividend yield of 6.19%. The ex-dividend date of this dividend is Thursday, February 1st. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) issued its earnings results on Monday, February, 5th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.02. The firm earned $150.50 million during the quarter, compared to the consensus estimate of $146.60 million. Hess Midstream Partners had a return on equity of 4.20% and a net margin of 18.29%. View Hess Midstream Partners' Earnings History.

When will Hess Midstream Partners make its next earnings announcement?

Hess Midstream Partners is scheduled to release their next quarterly earnings announcement on Monday, May, 7th 2018. View Earnings Estimates for Hess Midstream Partners.

Where is Hess Midstream Partners' stock going? Where will Hess Midstream Partners' stock price be in 2018?

6 equities research analysts have issued twelve-month target prices for Hess Midstream Partners' shares. Their predictions range from $25.00 to $32.00. On average, they anticipate Hess Midstream Partners' stock price to reach $28.33 in the next year. 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:

  • John B. Hess Jr., Chairman of the Board, Chief Executive Officer of the General Partner (Age 62)
  • Jonathan C. Stein, Chief Financial Officer of the General Partner (Age 47)
  • John A. Gatling, Chief Operating Officer of the General Partner (Age 43)
  • Gerald A. Tamborski, Vice President - Operations of the General Partner (Age 62)
  • John P. Rielly, Vice President, Director of the General Partner (Age 54)
  • Timothy B. Goodell II, General Counsel, Secretary of the General Partner (Age 59)
  • William J. Brilliant, Director of the General Partner (Age 41)
  • Gregory P. Hill, Director of the General Partner (Age 56)
  • Stephen Joseph James Letwin, Director of the General Partner (Age 61)
  • William A. Woodburn, Director of the General Partner (Age 63)

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 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.

Who owns Hess Midstream Partners stock?

Hess Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Clearbridge Investments LLC (3.03%), OppenheimerFunds Inc. (2.55%), Kayne Anderson Capital Advisors LP (2.09%), NBW Capital LLC (1.24%), Goldman Sachs Group Inc. (0.72%) and BP Capital Fund Advisors LLC (0.62%). Company insiders that own Hess Midstream Partners stock include 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.

Who sold Hess Midstream Partners stock? Who is selling Hess Midstream Partners stock?

Hess Midstream Partners' stock was sold by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Goldman Sachs Group Inc., OppenheimerFunds Inc., NBW Capital LLC and AMP Capital Investors Ltd. View Insider Buying and Selling for Hess Midstream Partners.

Who bought Hess Midstream Partners stock? Who is buying Hess Midstream Partners stock?

Hess Midstream Partners' stock was purchased by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Renaissance Technologies LLC, Allianz Asset Management GmbH, BP Capital Fund Advisors LLC, Levin Capital Strategies L.P., Center Coast Capital Advisors LP, Brookfield Asset Management Inc. and Franklin Square Holdings L.P.. 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 Hess Midstream Partners stock?

Shares of Hess Midstream Partners 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 Hess Midstream Partners stock can currently be purchased for approximately $20.80.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $564.42 million and generates $509.80 million in revenue each year. Hess Midstream Partners employs 186 workers across the globe.

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 (HESM)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  81 (Vote Outperform)
Underperform Votes:  87 (Vote Underperform)
Total Votes:  168
MarketBeat's community ratings are surveys of what our community members think about Hess Midstream Partners and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Hess Midstream Partners (NYSE:HESM) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyBuy
Consensus Rating Score: 3.003.003.002.80
Ratings Breakdown: 0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $28.33$28.33$28.80$28.80
Price Target Upside: 34.73% upside34.73% upside46.27% upside53.19% upside

Hess Midstream Partners (NYSE:HESM) Consensus Price Target History

Price Target History for Hess Midstream Partners (NYSE:HESM)

Hess Midstream Partners (NYSE:HESM) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/11/2018Wells Fargo & CoUpgradeMarket Perform -> Outperform$24.00 -> $26.00HighView Rating Details
12/4/2017ScotiabankSet Price TargetBuy$31.00MediumView Rating Details
8/30/2017Morgan StanleyUpgradeEqual Weight -> Overweight$25.00 -> $26.00HighView Rating Details
8/11/2017CitigroupUpgradeNeutral -> Buy$28.00 -> $25.00HighView Rating Details
5/1/2017Goldman Sachs GroupInitiated CoverageBuy$32.00HighView Rating Details
5/1/2017JPMorgan Chase & Co.Initiated CoverageOverweight$30.00LowView Rating Details
(Data available from 2/24/2016 forward)

Earnings

Hess Midstream Partners (NYSE:HESM) Earnings History and Estimates Chart

Earnings by Quarter for Hess Midstream Partners (NYSE:HESM)

Hess Midstream Partners (NYSE HESM) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/7/2018        
2/5/2018Y 2017$0.28$0.26$146.60 million$150.50 millionViewListenView Earnings Details
10/26/2017Q3 2017$0.24$0.27$116.27 million$146.70 millionViewN/AView Earnings Details
7/27/2017Q2 2017$0.23$0.21$111.37 million$138.30 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Hess Midstream Partners (NYSE:HESM) Earnings Estimates

Current Year EPS Consensus Estimate: $1.19 EPS
Next Year EPS Consensus Estimate: $1.46 EPS

Dividends

Hess Midstream Partners (NYSE:HESM) Dividend Information

Most Recent Dividend:2/13/2018
Annual Dividend:$1.29
Dividend Yield:6.20%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:108.40% (Based on This Year's Estimates)
88.36% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Hess Midstream Partners (NYSE:HESM)

Hess Midstream Partners (NYSE:HESM) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2018Quarterly$0.320.0148114075436983%2/1/20182/2/20182/13/2018
10/25/2017quarterly$0.316.01%11/2/201711/3/201711/13/2017
7/26/2017special$0.278/2/20178/4/20178/14/2017
(Data available from 1/1/2013 forward)

Insider Trades

Hess Midstream Partners (NYSE HESM) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 57.61%
Insider Trades by Quarter for Hess Midstream Partners (NYSE:HESM)
Insider Trades by Quarter for Hess Midstream Partners (NYSE:HESM)

Hess Midstream Partners (NYSE HESM) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/10/2017Gregory P HillDirectorBuy4,350$23.00$100,050.004,350View SEC Filing  
4/10/2017John A GatlingCOOBuy15,000$23.00$345,000.0015,000View SEC Filing  
4/10/2017John B HessChairmanBuy206,550$23.00$4,750,650.0032,625View SEC Filing  
4/10/2017John P RiellyVPBuy20,000$23.00$460,000.0020,000View SEC Filing  
4/10/2017Jonathan C SteinCFOBuy8,700$23.00$200,100.008,700View SEC Filing  
4/10/2017Timothy B GoodellGeneral CounselBuy12,500$23.00$287,500.0012,500View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Hess Midstream Partners (NYSE HESM) News Headlines

Source:
DateHeadline
Hess Midstream Partners LP (HESM) Given Consensus Rating of "Buy" by AnalystsHess Midstream Partners LP (HESM) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - February 20 at 3:42 PM
NuStar, other energy partnerships simplify business models to spur growthNuStar, other energy partnerships simplify business models to spur growth
finance.yahoo.com - February 20 at 8:42 AM
Hess Midstream Partners LP to Participate in Morgan Stanley Midstream Energy ConferenceHess Midstream Partners LP to Participate in Morgan Stanley Midstream Energy Conference
finance.yahoo.com - February 14 at 5:08 PM
1 Fast-Growing Dividend Stock You've Probably Never Heard About1 Fast-Growing Dividend Stock You've Probably Never Heard About
finance.yahoo.com - February 11 at 9:25 AM
Hess Midstream Partners (HESM) Lowered to "Sell" at Zacks Investment ResearchHess Midstream Partners (HESM) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - February 10 at 1:26 PM
Hess Midstream Partners LP Reports Estimated Results for the Fourth Quarter of 2017Hess Midstream Partners LP Reports Estimated Results for the Fourth Quarter of 2017
www.bizjournals.com - February 6 at 9:30 AM
Hess Midstream Partners LP Reports Estimated Results for the Fourth Quarter of 2017Hess Midstream Partners LP Reports Estimated Results for the Fourth Quarter of 2017
finance.yahoo.com - February 6 at 9:30 AM
Hess Midstream Partners (HESM) Posts Quarterly  Earnings ResultsHess Midstream Partners (HESM) Posts Quarterly Earnings Results
www.americanbankingnews.com - February 5 at 8:32 PM
Hess Midstream Partners LP Announces 2018 Guidance and 2018 Capital BudgetHess Midstream Partners LP Announces 2018 Guidance and 2018 Capital Budget
finance.yahoo.com - January 31 at 9:58 AM
Hess Midstream Partners (HESM) to Release Earnings on MondayHess Midstream Partners (HESM) to Release Earnings on Monday
www.americanbankingnews.com - January 29 at 5:10 AM
Hess Midstream Partners LP (HESM) to Issue Quarterly Dividend of $0.32Hess Midstream Partners LP (HESM) to Issue Quarterly Dividend of $0.32
www.americanbankingnews.com - January 27 at 8:54 AM
Hess Midstream Partners LP (HESM) Receives Average Recommendation of "Buy" from AnalystsHess Midstream Partners LP (HESM) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - January 26 at 1:40 PM
Houston midstream cos. form JV to build gas processing plantHouston midstream cos. form JV to build gas processing plant
finance.yahoo.com - January 26 at 9:41 AM
Hess Midstream Partners Announces Strategic Joint Venture to Build New Gas Processing Plant in North DakotaHess Midstream Partners Announces Strategic Joint Venture to Build New Gas Processing Plant in North Dakota
finance.yahoo.com - January 25 at 9:33 AM
Navigator (NVGS) & Hess Midstream Partners (HESM) Financial AnalysisNavigator (NVGS) & Hess Midstream Partners (HESM) Financial Analysis
www.americanbankingnews.com - January 16 at 7:34 AM
Hess Midstream Partners (HESM) Downgraded to Hold at Zacks Investment ResearchHess Midstream Partners (HESM) Downgraded to Hold at Zacks Investment Research
www.americanbankingnews.com - January 12 at 11:50 PM
Golar LNG (GLNG) and Hess Midstream Partners (HESM) Critical SurveyGolar LNG (GLNG) and Hess Midstream Partners (HESM) Critical Survey
www.americanbankingnews.com - January 9 at 1:42 PM
Reviewing Hess Midstream Partners (HESM) & Navigator (NVGS)Reviewing Hess Midstream Partners (HESM) & Navigator (NVGS)
www.americanbankingnews.com - January 8 at 5:06 PM
Hess Midstream Partners (HESM) Downgraded by Zacks Investment ResearchHess Midstream Partners (HESM) Downgraded by Zacks Investment Research
www.americanbankingnews.com - January 5 at 9:50 PM
Hess Midstream Partners LP to Participate in UBS MLP ConferenceHess Midstream Partners LP to Participate in UBS MLP Conference
www.businesswire.com - January 4 at 10:30 AM
Analyzing Golar LNG (GLNG) & Hess Midstream Partners (HESM)Analyzing Golar LNG (GLNG) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - January 3 at 5:36 PM
Hess Midstream Partners LP (HESM) Receives Average Recommendation of "Buy" from BrokeragesHess Midstream Partners LP (HESM) Receives Average Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - January 1 at 2:10 PM
Hess Midstream Partners LP breached its 50 day moving average in a Bearish Manner : HESM-US : December 25, 2017Hess Midstream Partners LP breached its 50 day moving average in a Bearish Manner : HESM-US : December 25, 2017
finance.yahoo.com - December 25 at 5:43 PM
Head-To-Head Survey: Navigator (NVGS) & Hess Midstream Partners (HESM)Head-To-Head Survey: Navigator (NVGS) & Hess Midstream Partners (HESM)
www.americanbankingnews.com - December 24 at 3:22 AM
Hess Midstream Partners LP :HESM-US: Earnings Analysis: Q3, 2017 By the Numbers : December 14, 2017Hess Midstream Partners LP :HESM-US: Earnings Analysis: Q3, 2017 By the Numbers : December 14, 2017
finance.yahoo.com - December 14 at 10:44 AM
Hess Midstream Partners LP breached its 50 day moving average in a Bullish Manner : HESM-US : December 12, 2017Hess Midstream Partners LP breached its 50 day moving average in a Bullish Manner : HESM-US : December 12, 2017
finance.yahoo.com - December 12 at 11:02 AM
Hess Midstream Partners LP (HESM) Given Average Recommendation of "Buy" by BrokeragesHess Midstream Partners LP (HESM) Given Average Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - December 7 at 1:38 PM
Hess Midstream Partners (HESM) Given a $31.00 Price Target at ScotiabankHess Midstream Partners (HESM) Given a $31.00 Price Target at Scotiabank
www.americanbankingnews.com - December 4 at 6:38 PM
Hess Midstream Partners LP – Value Analysis (NYSE:HESM) : December 4, 2017Hess Midstream Partners LP – Value Analysis (NYSE:HESM) : December 4, 2017
finance.yahoo.com - December 4 at 4:23 PM
Contrasting Hess Midstream Partners (HESM) and GasLog Partners (GLOP)Contrasting Hess Midstream Partners (HESM) and GasLog Partners (GLOP)
www.americanbankingnews.com - December 4 at 5:10 AM
Hess Midstream Partners LP breached its 50 day moving average in a Bullish Manner : HESM-US : December 1, 2017Hess Midstream Partners LP breached its 50 day moving average in a Bullish Manner : HESM-US : December 1, 2017
finance.yahoo.com - December 1 at 5:50 PM
Hess Midstream Partners (HESM) versus Golar LNG Partners (GMLP) Critical ComparisonHess Midstream Partners (HESM) versus Golar LNG Partners (GMLP) Critical Comparison
www.americanbankingnews.com - November 24 at 9:10 PM
Head-To-Head Comparison: Teekay LNG Partners L.P. (TGP) vs. Hess Midstream Partners (HESM)Head-To-Head Comparison: Teekay LNG Partners L.P. (TGP) vs. Hess Midstream Partners (HESM)
www.americanbankingnews.com - November 22 at 9:06 PM

SEC Filings

Hess Midstream Partners (NYSE:HESM) SEC Filings

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Social Media

Financials

Hess Midstream Partners (NYSE:HESM) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Hess Midstream Partners (NYSE HESM) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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