HESM - NYSE
Hess Midstream LP
$38.47
-0.59%Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. 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; and crude oil rail cars, 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.
At a Glance
Live SnapshotHess Midstream LP Dividend History
HESM Dividend Payment History
Total Payments
36
Latest Dividend
$0.7790
Annual Amount
$3.7449
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
Apr 27, 2026 | May 7, 2026 | May 14, 2026 | $0.7790 | $0.7790 | Quarterly | +1.96% |
Jan 26, 2026 | Feb 5, 2026 | Feb 13, 2026 | $0.7640 | $0.7640 | Quarterly | +1.19% |
Oct 27, 2025 | Nov 6, 2025 | Nov 14, 2025 | $0.7550 | $0.7550 | Quarterly | +2.44% |
Jul 28, 2025 | Aug 7, 2025 | Aug 14, 2025 | $0.7370 | $0.7370 | Quarterly | +3.80% |
Apr 28, 2025 | May 8, 2025 | May 14, 2025 | $0.7100 | $0.7100 | Quarterly | +1.28% |
Jan 27, 2025 | Feb 6, 2025 | Feb 14, 2025 | $0.7010 | $0.7010 | Quarterly | +2.34% |
Oct 28, 2024 | Nov 7, 2024 | Nov 14, 2024 | $0.6850 | $0.6850 | Quarterly | +2.54% |
Jul 29, 2024 | Aug 8, 2024 | Aug 14, 2024 | $0.6680 | $0.6680 | Quarterly | +2.45% |
Apr 22, 2024 | May 2, 2024 | May 14, 2024 | $0.6520 | $0.6520 | Quarterly | +2.84% |
Jan 29, 2024 | Feb 8, 2024 | Feb 14, 2024 | $0.6340 | $0.6340 | Quarterly | +2.59% |
Oct 23, 2023 | Nov 2, 2023 | Nov 14, 2023 | $0.6180 | $0.6180 | Quarterly | +2.83% |
Jul 24, 2023 | Aug 3, 2023 | Aug 14, 2023 | $0.6010 | $0.6010 | Quarterly | +2.74% |
Apr 24, 2023 | May 4, 2023 | May 12, 2023 | $0.5850 | $0.5850 | Quarterly | +2.63% |
Jan 23, 2023 | Feb 2, 2023 | Feb 13, 2023 | $0.5700 | $0.5700 | Quarterly | +1.24% |
Oct 24, 2022 | Nov 3, 2022 | Nov 14, 2022 | $0.5630 | $0.5630 | Quarterly | +1.26% |
Jul 25, 2022 | Aug 4, 2022 | Aug 12, 2022 | $0.5560 | $0.5560 | Quarterly | +1.28% |
Apr 25, 2022 | May 5, 2022 | May 13, 2022 | $0.5490 | $0.5490 | Quarterly | +6.19% |
Jan 24, 2022 | Feb 3, 2022 | Feb 14, 2022 | $0.5170 | $0.5170 | Quarterly | +1.37% |
Oct 25, 2021 | Nov 4, 2021 | Nov 12, 2021 | $0.5100 | $0.5100 | Quarterly | +1.19% |
Jul 28, 2021 | Aug 9, 2021 | Aug 13, 2021 | $0.5040 | $0.5040 | Quarterly | +11.26% |
Apr 23, 2021 | May 3, 2021 | May 13, 2021 | $0.4530 | $0.4530 | Quarterly | +1.34% |
Jan 25, 2021 | Feb 4, 2021 | Feb 12, 2021 | $0.4470 | $0.4470 | Quarterly | +1.13% |
Oct 26, 2020 | Nov 5, 2020 | Nov 13, 2020 | $0.4420 | $0.4420 | Quarterly | +1.38% |
Jul 27, 2020 | Aug 6, 2020 | Aug 14, 2020 | $0.4360 | $0.4360 | Quarterly | +1.16% |
Apr 23, 2020 | May 4, 2020 | May 14, 2020 | $0.4310 | $0.4310 | Quarterly | +1.17% |
Jan 27, 2020 | Feb 6, 2020 | Feb 14, 2020 | $0.4260 | $0.4260 | Quarterly | +3.65% |
Oct 24, 2019 | Nov 4, 2019 | Nov 13, 2019 | $0.4110 | $0.4110 | Quarterly | +3.53% |
Jul 25, 2019 | Aug 5, 2019 | Aug 13, 2019 | $0.3970 | $0.3970 | Quarterly | +3.66% |
Apr 23, 2019 | May 3, 2019 | May 14, 2019 | $0.3830 | $0.3830 | Quarterly | +3.51% |
Jan 24, 2019 | Feb 4, 2019 | Feb 13, 2019 | $0.3700 | $0.3700 | Quarterly | +3.35% |
Oct 25, 2018 | Nov 5, 2018 | Nov 13, 2018 | $0.3580 | $0.3580 | Quarterly | +3.77% |
Jul 23, 2018 | Aug 2, 2018 | Aug 13, 2018 | $0.3450 | $0.3450 | Quarterly | +3.60% |
Apr 24, 2018 | May 4, 2018 | May 14, 2018 | $0.3330 | $0.3330 | Quarterly | +3.42% |
Jan 23, 2018 | Feb 2, 2018 | Feb 13, 2018 | $0.3220 | $0.3220 | Quarterly | +3.54% |
Oct 24, 2017 | Nov 3, 2017 | Nov 13, 2017 | $0.3110 | $0.3110 | Quarterly | +15.19% |
Jul 28, 2017 | Aug 4, 2017 | Aug 14, 2017 | $0.2700 | $0.2700 | Quarterly | - |
Hess Midstream LP Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.
Sustainability
Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.
Key Insight
Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.
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