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 37.30 USD for the Hess Midstream stock (median: 37.74 USD), implying -7.5 % versus the latest price. The consensus is based on 12 analyst ratings.

Hess Midstream Analyst Price Targets 2026

12 analysts currently rate the Hess Midstream stock: 0 recommend buying, 9 holding and 3 selling. For 2026, analysts expect Hess Midstream to generate revenue of 1.65 B USD and earnings per share of 2.87 USD.

Hess Midstream Analyst Price Targets 2026

Converted at the current exchange rate, the Hess Midstream share trades at 35.21 EUR (40.20 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 1.65 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Hess Midstream is 352.76 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 14.03. 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 3.00. 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 7/10.

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.

Over the past 12 months, Hess Midstream paid a dividend of 2.90 USD . This corresponds to a dividend yield of about 7.22 %. For the coming 12 months, Hess Midstream is expected to pay a dividend of 3.42 USD.

The current dividend yield of Hess Midstream is 7.22 %.

Hess Midstream pays a dividend, distributed in the months of , , , .

Hess Midstream paid dividends every year for the past 9 years.

For the upcoming 12 months, dividends amounting to 3.42 USD are expected. This corresponds to a dividend yield of 8.51 %.

Hess Midstream is assigned to the 'Energy' sector.

In the year 2025, Hess Midstream distributed 2.64 USD as dividends.

The dividends of Hess Midstream are distributed in USD.