NYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis → $5,000 Gold? (From Stansberry Research) (Ad) Free HESM Stock Alerts $33.93 +0.45 (+1.34%) (As of 05/2/2024 ET) Add Compare Share Share Today's Range$33.53▼$34.0050-Day Range$33.48▼$36.4952-Week Range$26.86▼$36.84Volume643,495 shsAverage Volume905,183 shsMarket Capitalization$7.68 billionP/E Ratio15.35Dividend Yield7.49%Price Target$36.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Hess Midstream alerts: Email Address Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside7.6% Upside$36.50 Price TargetShort InterestBearish2.16% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.50Based on 12 Articles This WeekInsider TradingSelling Shares$377.55 M Sold Last QuarterProj. Earnings Growth13.93%From $2.44 to $2.78 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.16 out of 5 starsOils/Energy Sector172nd out of 233 stocksCrude Petroleum & Natural Gas Industry57th out of 73 stocks 1.3 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageHess Midstream has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.16% of the outstanding shares of Hess Midstream have been sold short.Short Interest Ratio / Days to CoverHess Midstream has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in Hess Midstream has recently increased by 11.93%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.44%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Hess Midstream is 114.93%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hess Midstream will have a dividend payout ratio of 91.37% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HESM. Previous Next 2.5 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Hess Midstream this week, compared to 2 articles on an average week.Search Interest22 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 83% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $377,545,000.00 in company stock.Percentage Held by Institutions92.41% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 13.93% in the coming year, from $2.44 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 15.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 15.35, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.13.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 21.21. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad StockEarningsThe AI Stock that’s Disrupting Every IndustryMove over Nvidia. There’s a new hot AI play that has soared 960% in the past year. One high-flying artificial intelligence stock has soared 960% over the past year and may soon become as familiar as Nvidia…Here's the Ticker >>> About Hess Midstream Stock (NYSE:HESM)Hess Midstream LP owns, develops, operates, and acquires midstream assets and provide fee-based 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 owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 660 million cubic feet per day; crude oil gathering system comprises approximately 570 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 300 miles of pipelines in gathering systems. 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; crude oil rail cars; and other Dakota access pipeline connections, 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.Read More HESM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HESM Stock News HeadlinesMay 2, 2024 | msn.comPTEN Stock Earnings: Patterson-UTI Energy Beats EPS, Misses Revenue for Q1 2024May 1, 2024 | businesswire.comHess Midstream LP to Participate in Investor ConferencesMay 3, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.May 1, 2024 | americanbankingnews.comReviewing Northern Oil and Gas (NYSE:NOG) and Hess Midstream (NYSE:HESM)May 1, 2024 | americanbankingnews.comAnalyzing Hess Midstream (NYSE:HESM) & Glori Energy (OTCMKTS:GLRI)April 30, 2024 | americanbankingnews.comHess Midstream (NYSE:HESM) Given New $37.00 Price Target at Wells Fargo & CompanyApril 27, 2024 | seekingalpha.comHess Midstream LP (HESM) Q1 2024 Earnings Call TranscriptApril 27, 2024 | americanbankingnews.comHess Midstream LP (NYSE:HESM) Receives Average Rating of "Moderate Buy" from AnalystsMay 3, 2024 | Paradigm Press (Ad)Biden replacement revealed?A former CIA insider just announced a disturbing prediction… Biden will withdraw as the Democrat nominee on June 13.April 26, 2024 | finance.yahoo.comHess Midstream's (NYSE:HESM) Dividend Will Be Increased To $0.6516April 26, 2024 | finanznachrichten.deHess Corporation: Hess Reports Estimated Results for the First Quarter of 2024April 25, 2024 | investorplace.comHESM Stock Earnings: Hess Midstream Misses EPS, Beats Revenue for Q1 2024April 25, 2024 | finance.yahoo.comHess Reports Estimated Results for the First Quarter of 2024April 25, 2024 | msn.comHess Midstream Partners reports mixed Q1 results; reaffirms FY24 outlookApril 25, 2024 | businesswire.comHess Midstream LP Reports Estimated Results for the First Quarter of 2024April 24, 2024 | finance.yahoo.comHess Midstream LP (NYSE:HESM) Shares Could Be 26% Below Their Intrinsic Value EstimateApril 24, 2024 | markets.businessinsider.comHess Midstream LP Registered A earnings: here's what to expectApril 22, 2024 | businesswire.comHess Midstream LP Announces Distribution Per Share Level IncreaseApril 19, 2024 | thestreet.comHess Midstream LP Class A ShareApril 12, 2024 | 247wallst.comHess Midstream LP - Class AApril 12, 2024 | 247wallst.comWant $27,000 In Passive Income? Invest $50,000 In These Dividend StocksApril 11, 2024 | businesswire.comHess Midstream LP Schedules Earnings Release Conference CallApril 5, 2024 | nasdaq.comHESM Factor-Based Stock AnalysisApril 4, 2024 | finance.yahoo.comHess Midstream LP (HESM)March 25, 2024 | seekingalpha.comTYG: Performance Laggard With No Near-Term CatalystMarch 17, 2024 | finance.yahoo.comHESM Apr 2024 30.000 putMarch 16, 2024 | ca.finance.yahoo.comHESM Aug 2024 37.000 putSee 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. Email Address Company Calendar Last Earnings1/31/2024Ex-Dividend for 2/14 Dividend2/07/2024Dividend Payable2/14/2024Ex-Dividend for 5/14 Dividend5/01/2024Today5/03/2024Dividend Payable5/14/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees196Year FoundedN/APrice Target and Rating Average Stock Price Target$36.50 High Stock Price Target$38.00 Low Stock Price Target$32.00 Potential Upside/Downside+7.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio15.35 Forward P/E Ratio13.91 P/E GrowthN/ANet Income$118.60 million Net Margins10.18% Pretax Margin47.87% Return on Equity34.38% Return on Assets3.81% Debt Debt-to-Equity Ratio8.81 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$1.35 billion Price / Sales5.69 Cash Flow$1.40 per share Price / Cash Flow24.15 Book Value$1.60 per share Price / Book21.21Miscellaneous Outstanding Shares226,310,000Free FloatN/AMarket Cap$7.68 billion OptionableOptionable Beta1.51 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)Chairman & CEO of Hess Midstream GP LLC Mr. John A. Gatling (Age 50)President & COO of Hess Midstream GP LLC Mr. Jonathan C. Stein (Age 55)Chief Financial Officer of Hess Midstream GP LLC Mr. Timothy B. Goodell (Age 67)General Counsel & Secretary of Hess Midstream GP LLC Mr. John P. Rielly (Age 62)VP & Director of Hess Midstream GP LLC Jennifer GordonDirector of Investor RelationsMore ExecutivesKey CompetitorsMatador ResourcesNYSE:MTDRChord EnergyNASDAQ:CHRDSouthwestern EnergyNYSE:SWNMurphy OilNYSE:MURViper EnergyNASDAQ:VNOMView All CompetitorsInsiders & InstitutionsMirae Asset Global Investments Co. Ltd.Sold 1,138,959 shares on 5/1/2024Ownership: 0.897%Capstone Investment Advisors LLCBought 87,806 shares on 5/1/2024Ownership: 0.048%Naples Global Advisors LLCBought 1,825 shares on 4/30/2024Ownership: 0.027%Allspring Global Investments Holdings LLCBought 828 shares on 4/30/2024Ownership: 0.000%Kercheville Advisors LLCSold 302 shares on 4/25/2024Ownership: 0.089%View All Insider TransactionsView All Institutional Transactions HESM Stock Analysis - Frequently Asked Questions Should I buy or sell Hess Midstream stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HESM shares. View HESM analyst ratings or view top-rated stocks. What is Hess Midstream's stock price target for 2024? 6 analysts have issued 12 month price objectives for Hess Midstream's stock. Their HESM share price targets range from $32.00 to $38.00. On average, they predict the company's stock price to reach $36.50 in the next year. This suggests a possible upside of 7.6% 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 2024? Hess Midstream's stock was trading at $31.63 on January 1st, 2024. Since then, HESM stock has increased by 7.3% and is now trading at $33.93. View the best growth stocks for 2024 here. Are investors shorting Hess Midstream? Hess Midstream saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 4,880,000 shares, an increase of 11.9% from the March 31st total of 4,360,000 shares. Based on an average daily volume of 902,700 shares, the days-to-cover ratio is currently 5.4 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, July 24th 2024. View our HESM earnings forecast. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its quarterly earnings results on Wednesday, January, 31st. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.60 by $0.05. The company earned $356.50 million during the quarter, compared to the consensus estimate of $358.86 million. Hess Midstream had a net margin of 10.18% and a trailing twelve-month return on equity of 34.38%. The firm's quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 earnings per share. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream announced a quarterly dividend on Monday, April 22nd. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.6516 per share on Tuesday, May 14th. This represents a $2.61 annualized dividend and a yield of 7.68%. The ex-dividend date of this dividend is Wednesday, May 1st. This is a boost from the stock's previous quarterly dividend of $0.63. Read our dividend analysis for HESM. Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.54 per share and currently has a dividend yield of 7.44%. 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 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 114.93%. 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 91.37% 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 ETFs hold Hess Midstream's stock? ETFs with the largest weight of Hess Midstream (NYSE:HESM) stock in their portfolio include Global X MLP ETF (MLPA), Alerian MLP ETF (AMLP), BNY Mellon Global Infrastructure Income ETF (BKGI), First Trust Natural Gas ETF (FCG), InfraCap MLP ETF (AMZA), Pacer American Energy Independence ETF (USAI), VanEck Energy Income ETF (EINC) and USCF Midstream Energy Income Fund (UMI). 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? Hess Midstream (HESM) raised $250 million in an 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's major shareholders? Hess Midstream's stock is owned by a number of institutional and retail investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.90%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.59%), Miller Howard Investments Inc. NY (0.30%), Artemis Investment Management LLP (0.26%), Kercheville Advisors LLC (0.09%) and Raymond James Financial Services Advisors Inc. (0.08%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, Infrastructure Investor Global, John A Gatling, John B Hess and Jonathan C Stein. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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