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

$19.99
+0.45 (+2.30 %)
(As of 09/22/2019 02:28 PM ET)
Today's Range
$19.53
Now: $19.99
$20.20
50-Day Range
$17.98
MA: $18.90
$20.21
52-Week Range
$16.17
Now: $19.99
$23.77
Volume121,010 shs
Average Volume111,133 shs
Market Capitalization$546.53 million
P/E Ratio15.51
Dividend Yield8.13%
Beta1.46
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 is involved in the natural gas and crude oil gathering and compression activities located primarily in McKenzie, Williams and Mountrail Counties, and North Dakota. Read More…

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$7.2428 per share
Book Value$99.31 per share

Profitability

Net Income$372.30 million

Miscellaneous

EmployeesN/A
Market Cap$546.53 million
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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, July 25th. Investors of record on Monday, August 5th will be given a dividend of $0.397 per share on Tuesday, August 13th. This represents a $1.59 annualized dividend and a yield of 7.94%. The ex-dividend date is Friday, August 2nd. View Hess Midstream Partners' Dividend History.

How were Hess Midstream Partners' earnings last quarter?

Hess Midstream Partners LP (NYSE:HESM) released its earnings results on Wednesday, July, 31st. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.03. The company had revenue of $172.80 million for the quarter, compared to analyst estimates of $178.55 million. Hess Midstream Partners had a return on equity of 2.54% and a net margin of 10.16%. 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, October 30th 2019. View Earnings Estimates for Hess Midstream Partners.

What price target have analysts set for HESM?

8 equities research analysts have issued 12 month price objectives for Hess Midstream Partners' stock. Their predictions range from $24.00 to $27.00. On average, they expect Hess Midstream Partners' share price to reach $25.1429 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price. View Analyst Price Targets for Hess Midstream Partners.

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

8 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 6 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 been trending somewhat negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hess Midstream Partners earned a news impact score of -1.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Hess Midstream Partners.

Are investors shorting Hess Midstream Partners?

Hess Midstream Partners saw a increase in short interest in the month of August. As of August 15th, there was short interest totalling 92,400 shares, an increase of 11.5% from the July 15th total of 82,900 shares. Based on an average trading volume of 142,000 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the company's shares are short sold. View Hess Midstream Partners' Current Options Chain.

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 Omega Healthcare Investors (OHI), Bank of America (BAC), Apollo Global Management (APO), Enterprise Products Partners (EPD), New Mountain Finance (NMFC), WP Carey (WPC), AGNC Investment (AGNC), General Electric (GE), Intelsat (I) and AT&T (T).

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 of 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 initial public offering (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 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 a variety of of retail and institutional investors. Top institutional shareholders include Kayne Anderson Capital Advisors LP (4.80%), Morgan Stanley (4.05%), Tortoise Capital Advisors L.L.C. (3.43%), Invesco Ltd. (1.74%), Dividend Assets Capital LLC (1.46%) and JPMorgan Chase & Co. (1.33%). Company insiders that own Hess Midstream Partners stock include Gerald A Tamborski, John A Gatling and Jonathan C Stein. 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 Wells Fargo & Company MN, JPMorgan Chase & Co., Cohen & Steers Inc., Dividend Assets Capital LLC, Acadian Asset Management LLC, Natixis, Natixis and Spirit of America Management Corp NY. 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 acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Invesco Ltd., Morgan Stanley, Marshall Wace LLP, Allianz Asset Management GmbH, Eagle Global Advisors LLC and Renaissance Technologies LLC. 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, Robinhood, Fidelity and Charles Schwab.

What is Hess Midstream Partners' stock price today?

One share of HESM stock can currently be purchased for approximately $19.99.

How big of a company is Hess Midstream Partners?

Hess Midstream Partners has a market capitalization of $546.53 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. View Additional Information About Hess Midstream Partners.

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:  207 (Vote Outperform)
Underperform Votes:  214 (Vote Underperform)
Total Votes:  421
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 9/22/2019 by MarketBeat.com Staff

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