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

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$21.87 -0.64 (-2.84 %)
(As of 03/25/2019 03:25 AM ET)
Previous Close$21.87
Today's Range$21.72 - $22.4931
52-Week Range$16.17 - $24.51
Volume49,668 shs
Average Volume84,341 shs
Market Capitalization$597.05 million
P/E Ratio17.22
Dividend Yield6.77%
Beta1.63
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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$662.40 million
Cash Flow$7.0777 per share
Book Value$99.31 per share

Profitability

Net Income$372.30 million

Miscellaneous

EmployeesN/A
Market Cap$597.05 million
Next Earnings Date4/24/2019 (Estimated)
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 declared a quarterly dividend on Thursday, January 24th. Stockholders of record on Monday, February 4th will be paid a dividend of $0.3701 per share on Wednesday, February 13th. This represents a $1.48 annualized dividend and a dividend yield of 6.77%. The ex-dividend date of this dividend is Friday, February 1st. This is an increase from Hess Midstream Partners's previous quarterly dividend of $0.36. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) announced its earnings results on Wednesday, January, 30th. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.01. The company had revenue of $171.20 million for the quarter, compared to analysts' expectations of $171.85 million. Hess Midstream Partners had a return on equity of 2.63% and a net margin of 10.54%. 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 Wednesday, April 24th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

5 brokerages have issued 1 year target prices for Hess Midstream Partners' stock. Their predictions range from $24.00 to $27.00. On average, they anticipate Hess Midstream Partners' stock price to reach $25.60 in the next twelve months. This suggests a possible upside of 17.1% 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 2 hold ratings and 3 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?

News coverage about HESM stock has trended neutral this week, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing 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 positive five, with scores closest to five being the most favorable. Hess Midstream Partners earned a news impact score of 0.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the next few days.

Who are some of Hess Midstream Partners' key competitors?

What other stocks do shareholders of Hess Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream Partners investors own include Intelsat (I), Bank of America (BAC), Apollo Global Management (APO), Omega Healthcare Investors (OHI), Fossil Group (FOSL), Chaarat Gold (CGH), Edison International (EIX), Associated British Foods (ABF), Ciena (CIEN) and First Data (FDC).

Who are Hess Midstream Partners' key executives?

Hess Midstream Partners' management team includes the folowing people:
  • Mr. Jonathan C. Stein, Chief Financial Officer of Hess Midstream Partners GP LLC (Age 50)
  • Mr. John A. Gatling, Chief Operating Officer of Hess Midstream Partners GP LLC (Age 45)
  • Mr. John B. Hess, Chairman & CEO of Hess Midstream Partners GP LLC (Age 65)
  • Jennifer Gordon, Director, Investor Relations
  • Mr. Timothy B. Goodell, Gen. Counsel & Sec. of Hess Midstream Partners GP LLC (Age 62)

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 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 are Hess Midstream Partners' major shareholders?

Hess Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Harvest Fund Advisors LLC (11.39%), FMR LLC (6.19%), Kayne Anderson Capital Advisors LP (3.62%), HITE Hedge Asset Management LLC (1.93%), Dividend Assets Capital LLC (1.62%) and Cohen & Steers Inc. (1.17%). 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 Cohen & Steers Inc., NBW Capital LLC, GSA Capital Partners LLP, Harvest Fund Advisors LLC, Bank of America Corp DE, BP Capital Fund Advisors LLC, HITE Hedge Asset Management LLC and Dividend Assets Capital 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 purchased by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, FMR LLC, Citigroup Inc., First Trust Advisors LP, Raymond James Financial Services Advisors Inc., GoodHaven Capital Management LLC, American Century Companies Inc. and Virtu Financial 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 $21.87.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $597.05 million and generates $662.40 million in revenue each year. The company earns $372.30 million in net income (profit) each year or $1.27 on an earnings per share basis.

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:  177 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  359
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 3/25/2019 by MarketBeat.com Staff

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