Hess Midstream (HESM) Stock Price

Hess Midstream Price

NYSE·CLOSED
32.31
​
Market closed

Revenue has compounded at 18.9% per year over the past 13 years to 1.62 B USD. Earnings per share have grown at 14.7% per year over the last 11 years. Hess Midstream's net margin stands at 21.8%, up from 3.9% several years earlier. Hess Midstream currently offers a dividend yield of about 8.98%. The payout ratio is around 106% of earnings. The dividend has grown at 22.3% per year over the past 8 years. Analysts set a median price target of 35.50 USD, implying 9.9% above the current price. Of 12 analysts, 1 rate the stock a buy — an overall Sell consensus.

Hess Midstream stock price

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Hess Midstream business model & stock analysis

Hess Midstream LP is an oil service company that was founded in 2015 and is headquartered in Houston, Texas. The company is a wholly-owned subsidiary of Hess Corporation and employs approximately 225 employees in the United States. The history of Hess Midstream LP begins with the founding of Hess Corporation in 1933. Since then, the company has grown to become one of the largest independent oil and gas producers in the world. In 2015, Hess Corporation decided to spin off its midstream activities into a separate company and founded Hess Midstream LP. This was done to strengthen Hess Corporation's core business by freeing up resources for the exploration and development of new oil and gas fields. The business model of Hess Midstream LP is based on expertise in the planning, construction, and operation of pipeline systems for natural gas, oil pipelines, and water infrastructure to optimize Hess Corporation's resources. The company supports Hess Corporation by transporting oil and gas from production facilities in the Bakken region and other oil fields in the United States to major refineries and end users. The use of pipelines for oil and gas transportation is more reliable and efficient compared to the use of tank trucks and ships. The various segments of Hess Midstream LP are pipeline transportation, access services, and system optimization. The pipeline transportation segment is responsible for the construction and operation of major oil and gas pipeline systems. It also provides a service team for the professional support of customer installations. The access services segment is responsible for the operation of fuel stations, terminals, shipping channels, and airports. The system optimization segment analyzes pipeline systems and optimizes them to improve efficiency and capacity and reduce operating costs. The products offered by Hess Midstream LP include oil and gas pipelines, water supply systems, fuel stations, terminals, and ship facilities to improve logistics. The company also provides third parties with access to its pipelines and terminals. Hess Midstream LP ultimately sells transportation services to end users who are trying to operate crude oil and gas facilities in an energy-efficient manner. The company has a successful traditional corporate history and has established its market value in the midstream business field.

Frequently asked questions about Hess Midstream

The business model of Hess Midstream LP revolves around operating, developing, and acquiring midstream assets that support the exploration, production, and transportation of oil and natural gas resources. As an MLP, Hess Midstream focuses on gathering, processing, and storing these resources in strategically located infrastructure. By providing essential services to Hess Corporation, a leading energy company, Hess Midstream ensures the efficient delivery and distribution of hydrocarbons. The company's business model is centered on generating stable cash flows through long-term contracts, fee-based structures, and the potential for expansion. Hess Midstream LP plays a vital role in the oil and gas industry by facilitating the movement of energy resources from production sites to end markets.

Hess Midstream LP is primarily active in the energy industry. As a leading midstream company, it focuses on the gathering, processing, and storage of natural gas and crude oil. Hess Midstream LP operates a network of pipelines and facilities that support the transportation and delivery of energy products in North Dakota's Bakken shale region. With a strong emphasis on reliability and efficiency, Hess Midstream LP plays a crucial role in the oil and gas supply chain, providing essential infrastructure to its partners in the energy sector.

The main competitors of Hess Midstream LP in the market are Energy Transfer LP, MPLX LP, and Targa Resources Corp.

Hess Midstream LP is an energy infrastructure company specializing in the gathering, processing, and transportation of natural gas and crude oil. Established in 2014, Hess Midstream LP operates as a subsidiary of Hess Corporation, a leading global independent energy company. With a strong focus on asset optimization and strategic partnerships, Hess Midstream LP has achieved significant growth and expansion within the energy sector. Leveraging its extensive pipeline network and state-of-the-art facilities, the company plays a crucial role in supporting the efficient and reliable delivery of energy resources. Hess Midstream LP continues to demonstrate its commitment to sustainable operations while providing reliable services to its customers.

Hess Midstream LP has achieved several significant milestones throughout its history. Some notable achievements include the successful completion of the Dakota Access Pipeline, a major infrastructure project that facilitates the transportation of crude oil from North Dakota to refining markets. Additionally, the company has expanded its portfolio with the acquisition of Tioga Gas Plant and the completion of the Bakken Crude Express Pipeline. These developments position Hess Midstream LP as a key player in the midstream sector, ensuring efficient and reliable transportation of energy resources while contributing to the growth and sustainability of the industry.

Hess Midstream LP primarily operates in the United States.

Hess Midstream LP represents strong values and a clear corporate philosophy. As an energy infrastructure company, Hess Midstream LP is focused on providing reliable and efficient midstream services to support the oil and gas industry. The company's philosophy revolves around employing innovative technologies, maintaining a commitment to safety and environmental stewardship, and fostering strong relationships with its customers. With a dedication to operational excellence and a focus on long-term sustainability, Hess Midstream LP strives to create value for its shareholders while contributing to the overall growth and success of the energy sector.

Analysts currently set an average price target of 35.50 USD for the Hess Midstream stock (median: 35.50 USD), implying +8.6 % versus the latest price. The consensus is based on 12 analyst ratings.

12 analysts currently rate the Hess Midstream stock: 1 recommend buying, 5 holding and 6 selling. For 2026, analysts expect Hess Midstream to generate revenue of 1.60 B USD and earnings per share of 2.96 USD.

Converted at the current exchange rate, the Hess Midstream share trades at 28.87 EUR (32.31 USD).

The Hess Midstream share (HESM) is listed on 3 stock exchanges, including: NYSE (HESM), Frankfurt (5HMA.F), München (5HMA.MU).

Hess Midstream LP is a leading provider of midstream services and solutions based in Houston, Texas. The company operates a wide range of midstream businesses, including transportation, processing, and storage of natural gas and oil. Hess Midstream owns and operates a variety of infrastructure assets, from pipelines and terminals to processing plants and compression stations. With a strong focus on technological innovation, sustainability, and customer orientation, Hess Midstream is well positioned to capitalize on the growth of the energy midstream market.

The expected revenue of Hess Midstream is 1.60 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Hess Midstream is 383.00 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Hess Midstream is currently 10.92. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Hess Midstream stock.

The price-to-sales ratio (P/S) of Hess Midstream is currently 2.61. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Hess Midstream stock.

The Eulerpool Quality Score for Hess Midstream is 9/10.

The ISIN of Hess Midstream is US4281031058. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Hess Midstream is A2PW8P. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Hess Midstream is HESM. The ticker symbol is used to trade Hess Midstream shares on the stock exchange.

Fair ValueTerminal
32.63 USD
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Oil, Gas & Consumable Fuels
Number of shares
Employees
Revenue per Employee
8.29 M USD
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website
Currency
USD
Initial public offering
Apr 5, 2017
ISIN
US4281031058
Cusip
428103105
Sedol
BKPK695
Market capitalization
3.98 B USDMid Cap
52-Week Range
PEG
-5.16
P/E ratio
P/Ee 2026
10.38
P/Ee 2027
11.72
P/Ee 2028
11.93
P/Ee 2029
11.88
P/Ee 2030
11.66
P/S
P/Se
2.61
EV/EBIT
6.28
P/B Ratio
7.00
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
8.13 %
Dividend
Dividend yield
8.98 %
Est. Dividend Yield
9.62 %
Payout Ratio
106.44 %
Dividend growth Ø5Y
8.68 %
Dividend payments per year
4
Dividend paid since
9 years
Dividend not reduced since
9 years
Dividend increased since
9 years
Dividend withholding tax
30.00 %
Last updated Nov 4, 2026, 8:00 PM

Hess Midstream Ticker

FRANKFURT · 5HMA.FMUNICH · 5HMA.MUNEW YORK · HESM

Hess Midstream FIGI

HESM:US · BBG00R02H8D5HESM:UA · BBG00R02JC71HESM:UC · BBG00R02JC80HESM:UN · BBG00R02JCB6HESM:UP · BBG00R02JCC5HESM:UB · BBG00R02JCF2HESM:UT · BBG00R02JCG1HESM:UM · BBG00R02JCH0HESM:UX · BBG00R02JCJ8HESM:UD · BBG00R02JCP1HESM:UF · BBG00R02JCS8HESM:VY · BBG00R02JCT7