Hess Midstream LP (HESM)

NYSE: HESM · USD

$31.7

+0.03 (+0.1%)· Recorded snapshot

Market cap	6.5B
Revenue (ttm)	1.6B
Net income (ttm)	375M
EPS (ttm)	$2.90
Shares out	206.2M
P/E (trailing)	10.9x
P/E (forward)	10.6x
Dividend	$3.16 (9.91%)
Volume	1,797,337
Beta	0.56

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 1.6B
Net income (ttm): 375M
EPS (ttm): $2.90
P/E (trailing): 10.9x
P/E (forward): 10.6x
Market cap: 6.5B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
BKR	Baker Hughes Company	54.3B	18.8x	1.9x	11.7%	+7.0%	+20.1%	Sprzedaj
COP	ConocoPhillips	179B	19.8x	2.8x	11.6%	+16.8%	+73.8%	Trzymaj
CVX	Chevron Corporation	448.9B	22.0x	2.2x	8.2%	+12.6%	+54.1%	Redukuj

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E10.6

P25 n/aP50 n/aP75 n/a

Trailing P/E10.9

P25 n/aP50 n/aP75 n/a

ROE150.7

P25 n/aP50 n/aP75 n/a

ROIC20.7

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HESM indicators

Market & fundamental data

Available fields

275

Groups with data

Currency

USD

Showing 275 of 275 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001789832
Company name	Hess Midstream LP
Country	United States
Country code	US
CUSIP number	428103105
Earnings date	2026-10-30
Earnings time	bmo
Employees	195
Employees change	-25
Employees growth	-11.36%
Enterprise value	$10.2B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	2014
Industry	Oil & Gas Midstream
Is primary listing	Yes
Is SPAC	No
ISIN number	US4281031058
Last 10-K release date	2026-02-25
Last earnings date	2026-08-03
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$6.5B
Market cap category	Mid-Cap
Next earnings date	2026-10-30
Options	Yes
Price	$31.71
Price currency	USD
Sector	Energy
SIC code	1311
Stock price date	2026-10-28
Symbol	HESM
U.S. state	Texas
Website	https://www.hessmidstream.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	10.93x
Average P/E ratio (10Y)	15.83x
Average P/E ratio (3Y)	16.83x
Average P/E ratio (5Y)	17.13x
Earnings yield	9.13%
EV/Earnings	27.38x
EV/EBIT	10.25x
EV/EBITDA	8.38x
EV/FCF	12.26x
EV/Sales	6.36x
FCF / EV yield	8.16%
FCF yield	12.71%
Forward EV/Sales	7x
Forward P/E	10.59x
Forward P/S	4.5x
Graham number	16.16305
Graham upside	-49.46%
Industry forward P/E	15.26x
Industry P/E	17.69x
Lynch fair value	$72.40
Lynch upside	126.39%
P/(FCF - SBC) ratio	7.88x
P/(OCF - SBC) ratio	6.37x
P/B ratio	7.9x
P/E ratio	10.95x
P/FCF ratio	7.87x
P/OCF ratio	6.36x
P/S ratio	4.08x
Price / tangible book value	12.81x
Price/EBITDA ratio	5.38x
Sector forward P/E	10.06x
Sector P/E	15.08x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	62.06%
EBITDA margin	75.92%
Effective tax rate	15.2%
FCF margin	51.9%
Gross margin	77.55%
Operating margin	62.06%
Pretax margin	49.31%
Profit margin	23.23%
Profit per employee	$1.9M
Profitable quarters	42
Profitable years	11
Revenue per employee	$8.3M
ROA	14.43%
ROA (5Y)	14.06%
ROCE	24.72%
ROE	150.71%
ROE (5Y)	120.63%
ROIC	20.71%
ROIC (5Y)	21.92%
SBC / revenue	0.08%
Tax / revenue	7.5%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	7.75%
EPS growth (Q)	1.35%
EPS growth (QoQ)	10.62%
EPS growth 3Y	13.39%
EPS growth 5Y	13.16%
EPS growth quarters	12
EPS growth years	6
FCF growth	25.72%
FCF growth (Q)	19.67%
FCF growth (QoQ)	13.81%
FCF growth 3Y	10.21%
FCF growth 5Y	10.55%
Gross profit growth	3.52%
Gross profit growth (Q)	-2.19%
Gross profit growth 3Y	7.86%
Gross profit growth 5Y	8.28%
Net income growth	28.91%
Net income growth (Q)	6.76%
Net income growth (QoQ)	10.05%
Net income growth 3Y	60.44%
Net income growth 5Y	63.8%
Net income growth quarters	22
Net income growth years	5
OCF growth	7.66%
OCF growth (Q)	0.61%
OCF growth (QoQ)	9.99%
OCF growth 10Y	7.14%
OCF growth 3Y	6.39%
OCF growth 5Y	7.73%
Operating income growth	3.03%
Operating income growth (Q)	-2.69%
Operating income growth 3Y	8.37%
Operating income growth 5Y	8.7%
Revenue growth	2.78%
Revenue growth (Q)	-3.67%
Revenue growth (QoQ)	2.28%
Revenue growth 10Y	10.16%
Revenue growth 3Y	8.08%
Revenue growth 5Y	7.68%
Revenue growth years	9

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-198.6M
Depreciation and amortization	$223.7M
EBIT	$1B
EBITDA	$1.2B
EPS	$2.90
FCF per share	$4.06
Financing cash flow	$-837.3M
Free cash flow	$837.8M
Free cash flow minus SBC	$836.5M
Gross profit	$1.3B
Income taxes	$121M
Investing cash flow	$-198.6M
Net borrowing	$-44.5M
Net cash flow	$500,000
Net income	$375M
Operating cash flow minus SBC	$1B
Operating income	$1B
Revenue	$1.6B
Stock-based compensation	$1.3M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$4.01
Debt / EBITDA	3
Debt / equity	9.48
Debt / FCF	4.39
Interest coverage	4.48
Long-term assets	$4.1B
Long-term liabilities	$3.7B
Net cash (debt)	$-3.7B
Net cash / market cap	-55.74%
Net debt / EBITDA	3
Net debt / equity	9.47
Net debt / FCF	4.39
Piotroski F-Score	8
Property, plant and equipment	$3.3B
Shareholders' equity	$388M
Tangible book value	$514.6M
Tangible book value per share	$4.01
Total assets	$4.3B
Total cash	$5M
Total debt	$3.7B
Total liabilities	$3.9B
WACC	6.55%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.37
Current assets	$157.2M
Current liabilities	$204M
Current ratio	0.77
Net working capital	$-14.3M
Quick ratio	0.77
Working capital	$-46.8M
Working capital turnover	-29.51

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-20.44%
Dividend growth	7.85%
Dividend growth (3Y)	9.67%
Dividend growth (5Y)	10.34%
Dividend growth years	8
Dividend payment date	2026-11-13
Dividend payment years	10
Dividend payout frequency	Quarterly
Dividend per share	$3.16
Dividend yield	9.91%
Ex-dividend date	2026-11-05
FCF payout ratio	77.04%
Last dividend	$0.80
Payout ratio	108.1%
Shareholder yield	-10.57%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$38.23
1D price change	0.11%
1M price change	-16.65%
1M total return	-16.65%
1W price change	3.95%
1W total return	3.95%
1Y price change	-5.46%
1Y return CAGR	2.88%
1Y total return	2.87%
20-day SMA	$32.75
200-day SMA	$38.00
3M price change	-19.92%
3M total return	-18.31%
3Y price change	6.91%
3Y return CAGR	10.61%
3Y total return	35.33%
50-day SMA	$36.80
50-day SMA vs 200-day SMA	50under200
52-week high	$41.44
52-week high date	2026-08-03
52-week low	$29.52
52-week low date	2026-10-22
5Y price change	25.96%
5Y return CAGR	13.17%
5Y total return	85.6%
6M price change	-13.88%
6M total return	-10.33%
All-time high	$44.14
All-time high date	2025-07-31
All-time low	$5.70
All-time low date	2020-03-18
Average true range (ATR)	$1.04
Average volume	3.2M
Beta (1Y)	-0.43
Beta (2Y)	0.21
Beta (5Y)	0.56
Change from 52-week high	-23.49%
Change from 52-week low	7.4%
Change from all-time high	-27.78%
Change from all-time low	459.3%
Change from open	-0.77%
Day's gap	0.88%
Dollar volume	$57M
High price	$32.26
Low price	$31.63
Monthly RSI	40.71
Open price	$31.95
Position in 52-week range	11.9%
Premarket change	0.98%
Premarket close	$31.67
Premarket price	$31.98
Premarket volume	7.1K
Previous close	$31.67
Price vs 150-day SMA	-16.61%
Price vs 20-day SMA	-2.66%
Price vs 200-day SMA	-16.1%
Price vs 50-day SMA	-13.36%
Relative volume	0.57
RSI	39.17
Sharpe ratio	0.09
Sharpe ratio (3Y)	0.36
Sharpe ratio (5Y)	0.4
Sortino ratio	0.3
Sortino ratio (3Y)	0.68
Sortino ratio (5Y)	0.75
Volume	1.8M
Weekly RSI	32.29
YTD price change	-7.59%
YTD total return	-1.7%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	127.6M
Float percentage	61.88%
Shares change (QoQ)	-0.62%
Shares change (YoY)	20.44%
Shares held by insiders	0.17%
Shares held by institutions	95.52%
Shares outstanding	206.2M
Short % of float	6.03%
Short % of shares	3.73%
Short ratio	5.3 days

Other indicators

Additional ticker metrics that do not fit the primary research groupings.

Metric	Value
Page views	122

Deeper analysis on HESM

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

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Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this HESM report

Is a complete HESM research report available?

No complete published report is available for Hess Midstream LP (HESM) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Hess Midstream LP (HESM)

Price

Financial snapshot

Fair-value bridge

Latest news · HESM

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All HESM indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Other indicators

Deeper analysis on HESM

Frequently asked questions