QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
QQQ   280.53 (-0.41%)
AAPL   140.94 (-1.38%)
MSFT   244.37 (-0.31%)
META   113.93 (-0.17%)
GOOGL   94.94 (-2.10%)
AMZN   88.46 (+0.24%)
TSLA   174.04 (-3.21%)
NVDA   161.20 (+0.83%)
NIO   12.58 (-4.98%)
BABA   88.33 (-3.41%)
AMD   70.14 (-0.19%)
T   19.30 (+0.68%)
MU   53.82 (+0.26%)
CGC   3.24 (-10.25%)
F   13.10 (-1.36%)
GE   85.00 (-0.33%)
DIS   92.15 (-0.15%)
AMC   6.05 (-10.37%)
PYPL   74.42 (+3.03%)
PFE   50.24 (+1.07%)
NFLX   308.42 (+0.94%)
NYSE:HESM

Hess Midstream - HESM Stock Forecast, Price & News

$28.85
-0.55 (-1.87%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
$28.73
$29.46
50-Day Range
$25.52
$31.23
52-Week Range
$24.33
$35.71
Volume
292,059 shs
Average Volume
593,921 shs
Market Capitalization
$1.27 billion
P/E Ratio
14.21
Dividend Yield
7.65%
Price Target
$33.50

Hess Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.1% Upside
$33.50 Price Target
Short Interest
Bearish
11.89% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
15.66%
From $1.98 to $2.29 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.18 out of 5 stars

Oils/Energy Sector

135th out of 246 stocks

Crude Petroleum & Natural Gas Industry

56th out of 78 stocks

HESM stock logo

About Hess Midstream (NYSE:HESM) Stock

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, 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, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Receive HESM Stock 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.

HESM Stock News Headlines

Hess Midstream LP Publishes Sustainability Report
Hess Midstream: Dividend Insights
Hess Midstream: Punching Above Their Weight
Hess Midstream Stock Getting Very Oversold
HESM Hess Midstream LP
Hess Midstream: Financing Moves Rule
7 Best Mid-Cap Stocks to Buy Right Now
See More Headlines
Receive HESM Stock 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.

HESM Company Calendar

Last Earnings
10/26/2022
Ex-Dividend for 11/14 Dividend
11/02/2022
Dividend Payable
11/14/2022
Today
12/07/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/25/2023

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

Price Target and Rating

Average Stock Price Forecast
$33.50
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$33.00
Forecasted Upside/Downside
+16.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$46.40 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.20 billion

Miscellaneous

Free Float
N/A
Market Cap
$1.27 billion
Optionable
Optionable
Beta
1.64

Key Executives

  • Mr. John B. HessMr. John B. Hess (Age 68)
    Chairman & CEO of Hess Midstream GP LLC
  • Mr. John A. Gatling (Age 48)
    Pres & COO of Hess Midstream GP LLC
  • Mr. Jonathan C. SteinMr. Jonathan C. Stein (Age 53)
    Chief Financial Officer of Hess Midstream GP LLC
  • Mr. Timothy B. Goodell (Age 65)
    Gen. Counsel & Sec. of Hess Midstream GP LLC
  • Mr. John P. Rielly (Age 60)
    VP & Director of Hess Midstream GP LLC
  • Jennifer Gordon
    Director of Investor Relations













HESM Stock - Frequently Asked Questions

Should I buy or sell Hess Midstream stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HESM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HESM, but not buy additional shares or sell existing shares.
View HESM analyst ratings
or view top-rated stocks.

What is Hess Midstream's stock price forecast for 2023?

2 Wall Street research analysts have issued 12 month price objectives for Hess Midstream's stock. Their HESM share price forecasts range from $33.00 to $34.00. On average, they predict the company's share price to reach $33.50 in the next twelve months. This suggests a possible upside of 16.3% from the stock's current price.
View analysts price targets for HESM
or view top-rated stocks among Wall Street analysts.

How have HESM shares performed in 2022?

Hess Midstream's stock was trading at $27.63 at the beginning of the year. Since then, HESM shares have increased by 4.2% and is now trading at $28.80.
View the best growth stocks for 2022 here
.

Are investors shorting Hess Midstream?

Hess Midstream saw a increase in short interest in the month of October. As of October 31st, there was short interest totaling 4,880,000 shares, an increase of 7.7% from the October 15th total of 4,530,000 shares. Based on an average daily trading volume, of 460,100 shares, the short-interest ratio is currently 10.6 days.
View Hess Midstream's Short Interest
.

When is Hess Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our HESM earnings forecast
.

How were Hess Midstream's earnings last quarter?

Hess Midstream LP (NYSE:HESM) announced its quarterly earnings data on Wednesday, October, 26th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.02. The firm had revenue of $334.80 million for the quarter, compared to the consensus estimate of $285.34 million.

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

Hess Midstream declared a quarterly dividend on Monday, October 24th. Shareholders of record on Thursday, November 3rd will be given a dividend of $0.5627 per share on Monday, November 14th. This represents a $2.25 dividend on an annualized basis and a yield of 7.82%. The ex-dividend date of this dividend is Wednesday, November 2nd. This is a positive change from the stock's previous quarterly dividend of $0.56.
Read our dividend analysis for HESM
.

Is Hess Midstream a good dividend stock?

Hess Midstream (NYSE:HESM) pays an annual dividend of $2.25 per share and currently has a dividend yield of 7.40%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 110.84%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HESM will have a dividend payout ratio of 98.25% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for HESM.

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 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 many different retail and institutional investors. Top institutional investors include Energy Income Partners LLC (7.20%), CI Investments Inc. (6.55%), Tortoise Capital Advisors L.L.C. (4.43%), Bank of New York Mellon Corp (3.93%), First Trust Advisors LP (3.38%) and UBS Group AG (1.43%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, John A Gatling, John B Hess, John B Hess, Jonathan C Stein and Stephen J J Letwin.
View institutional ownership trends
.

How do I buy shares of Hess Midstream?

Shares of HESM stock 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 $28.80.

How much money does Hess Midstream make?

Hess Midstream (NYSE:HESM) has a market capitalization of $1.27 billion and generates $1.20 billion in revenue each year. The company earns $46.40 million in net income (profit) each year or $2.03 on an earnings per share basis.

How many employees does Hess Midstream have?

The company employs 196 workers across the globe.

How can I contact Hess Midstream?

Hess Midstream's mailing address is 1501 MCKINNEY STREET, HOUSTON TX, 77010. The official website for the company is www.hessmidstream.com. The company can be reached via phone at (713) 496-4200 or via email at hessmidstreampartners@hess.com.

This page (NYSE:HESM) was last updated on 12/7/2022 by MarketBeat.com Staff