Energy -
Oil & Gas Midstream - NYSE - US
$ 38.21
-0.417 %
$ 8.03 B
Market Cap
14.98
P/E
1. INTRINSIC VALUE
Balance Sheet
Hess Midstream LP
| Current Assets | 149 M |
| Cash & Short-Term Investments | 4.3 M |
| Receivables | 139 M |
| Other Current Assets | 6.2 M |
| Non-Current Assets | 4 B |
| Long-Term Investments | 87 M |
| PP&E | 3.33 B |
| Other Non-Current Assets | 589 M |
| Current Liabilities | 219 M |
| Accounts Payable | 55.9 M |
| Short-Term Debt | 22.5 M |
| Other Current Liabilities | 141 M |
| Non-Current Liabilities | 3.47 B |
| Long-Term Debt | 3.45 B |
| Other Non-Current Liabilities | 17 M |
EFFICIENCY
Earnings Waterfall
Hess Midstream LP
| Revenue | 1.5 B |
| Cost Of Revenue | 203 M |
| Gross Profit | 1.29 B |
| Operating Expenses | 370 M |
| Operating Income | 919 M |
| Other Expenses | 260 M |
| Net Income | 659 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Hess Midstream LP
| Net Income | 659 M |
| Depreciation & Amortization | 203 M |
| Capital Expenditures | -306 M |
| Stock-Based Compensation | 1.8 M |
| Change in Working Capital | -8 M |
| Others | 12.8 M |
| Free Cash Flow | 634 M |
Wall Street Analysts Price Targets
Hess Midstream LP
Wall Street analysts predict an average 1-year price target for HESM of $34.3 , with forecasts ranging from
a
low of
$34 to a high of $35 .
HESM Lowest Price Target
Wall Street Target
34 USD
-11.02%
HESM Average Price Target
Wall Street Target
34.3 USD
-10.15%
HESM Highest Price Target
Wall Street Target
35 USD
-8.40%
4. DIVIDEND
ANALYSIS
1.66%
DIVIDEND YIELD
0.71 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Hess Midstream LP
Sold
0-3 MONTHS
554 M USD 2
3-6 MONTHS
495 M USD 2
6-9 MONTHS
280 K USD 1
9-12 MONTHS
444 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
3 Big Dividend Income Machines Printing Cash For Retirement
Living on dividend income is a great way to retire. However, maintaining a proper balance between yield and growth, as well as sufficient sector diversification, is essential. I share three big dividend income machines that can help create a complete dividend income portfolio.
seekingalpha.com
- 4 weeks ago
Golden Buying Opportunity For Big Dividend Investors: 8-9% Yields Set To Soar
High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms.
seekingalpha.com
- 1 month ago
Hess Midstream LP Announces Updated Governance
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES UPDATED GOVERNANCE.
businesswire.com
- 1 month ago
Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
businesswire.com
- 1 month ago
Hess Midstream LP Announces Secondary Public Offering of Class A Shares
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES.
businesswire.com
- 1 month ago
Markets Could Retest the April Lows: 4 High-Yield 7% Dividend Stocks That Win Either Way
President Trump has set the stage for the end of the world's major countries taking advantage of unlimited largess and trade considerations from the United States, a practice that began after World War II and has been in place in some form or another ever since.
247wallst.com
- 2 months ago
3 Under-the-Radar Dividend Stocks Yielding Over 5% Right Now
The stock market has endless opportunities, but most of them lie beyond the headlines.
247wallst.com
- 2 months ago
Hess Midstream LP to Participate in May and June Conferences
HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP TO PARTICIPATE IN MAY AND JUNE CONFERENCES.
businesswire.com
- 2 months ago
7%+ Yields With Stress-Free Dividend Growth For An Early Retirement
These 2 blue-chip dividend monsters yield 7–8% and just keep growing. Retire richer with these ultra-safe, high-yield stocks that many investors overlook. Why we're backing up the truck on these inflation-resistant dividend giants.
seekingalpha.com
- 2 months ago
Oil Crash in April Worst Since 2021: 4 High-Yield Passive Income MLPs Are On Sale
The April meltdown in the oil patch was likely a scenario many top analysts and most of Wall Street did not see coming.
247wallst.com
- 2 months ago
Hess Midstream LP (HESM) Q1 2025 Earnings Conference Call Transcript
Hess Midstream LP (NYSE:HESM ) Q1 2025 Earnings Conference Call April 30, 2025 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President and COO Jonathan Stein - CFO Conference Call Participants Elias Jossen - JPMorgan Naomi Marfatia - UBS Praneeth Satish - Wells Fargo Doug Irwin - Citi John Mackay - Goldman Sachs Operator Good day, ladies and gentlemen, and welcome to the First Quarter 2025 Hess Midstream Conference Call. My name is Kevin and I'll be your operator for today.
seekingalpha.com
- 2 months ago
Hess Midstream LP Reports Estimated Results for the First Quarter of 2025
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “company”) today reported first quarter 2025 net income of $161.4 million compared with net income of $161.9 million for the first quarter of 2024. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $71.6 million, or $0.65 basic earnings per Class A share, compared with $0.60 basic earnings per Class A share in the first quarter of 2024. Hess Midstream generated Adjusted EB.
businesswire.com
- 2 months ago
8. Profile
Summary
Hess Midstream LP HESM
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 8.03 B
Dividend Yield
1.66%
Description
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.
Contact
1501 McKinney Street, Houston, TX, 77010
https://www.hessmidstream.com
IPO
Date
April 5, 2017
Employees
176
Officers
Jennifer Gordon
Vice President of Investor Relations
Mr. John A. Gatling
President & Chief Operating Officer of Hess Midstream GP LLC
Mr. Michael Frailey
Vice President & Chief Commercial Officer of Hess Midstream GP LLC
Mr. John P. Rielly CPA
Vice President & Director of Hess Midstream GP LLC
Mr. John B. Hess
Chairman & Chief Executive Officer of Hess Midstream GP LLC
Mr. Jonathan C. Stein
Chief Financial Officer of Hess Midstream GP LLC
Mr. Timothy B. Goodell J.D.
General Counsel & Secretary of Hess Midstream GP LLC