Energy -
Oil & Gas Midstream - NYSE - US
$ 37.19
-9.56 %
$ 8.48 B
Market Cap
14.94
P/E
1. INTRINSIC VALUE
Balance Sheet
Hess Midstream LP
| Current Assets | 149 M |
| Cash & Short-Term Investments | 4.3 M |
| Receivables | 3.6 M |
| Other Current Assets | 142 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 | 0 |
| Others | 4.8 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
-8.58%
HESM Average Price Target
Wall Street Target
34.3 USD
-7.68%
HESM Highest Price Target
Wall Street Target
35 USD
-5.89%
4. DIVIDEND
ANALYSIS
2.17%
DIVIDEND YIELD
0.701 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Hess Midstream LP
Sold
0-3 MONTHS
495 M USD 2
3-6 MONTHS
280 K USD 1
6-9 MONTHS
444 M USD 1
9-12 MONTHS
51 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
Dividends Are The Future - Why I'm Betting Big On These Value Plays
I expect a market rotation from growth to value stocks, driven by inflation stability, fading AI tailwinds, and attractive valuations in value sectors. Dividend stocks, especially in energy and REITs, offer diversification and strong risk/reward potential, with consistent cash flow and growth opportunities. While risks like rate cuts or a recession exist, my picks are positioned to perform well even if growth outperforms.
seekingalpha.com
- 1 month ago
Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Filing of 2024 Annual Report on Form 10-K.
businesswire.com
- 1 month ago
4 High-Yield Dividend Energy Services Giants Could Explode With the ‘Drill Baby Drill' Mandate
With the changing of the guard in Washington, D.C., one thing is for sure.
247wallst.com
- 1 month ago
Hess Midstream LP to Participate in Morgan Stanley Energy & Power Conference
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN MORGAN STANLEY ENERGY & POWER CONFERENCE.
businesswire.com
- 1 month ago
Hess Midstream LP Announces Pricing of Upsized Secondary Public Offering of Class A Shares
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF UPSIZED 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
4 Dividend Stocks To Help You Reach Your Retirement Goals
Dividend income is key to financial security in retirement. I focus on stocks with strong yields, reliable growth, and long-term resilience. These picks offer a mix of stability, compounding potential, and inflation protection - essential traits for a lasting, stress-free income stream. My selections are built for both income and peace of mind. No guesswork, just proven dividend power to help secure a lifetime of financial freedom.
seekingalpha.com
- 1 month ago
Worried About The Trump Trade Tariffs? Buy US-Based High-Yield Dividend Energy MLPs
The stock market has always been known to shoot first and ask questions later, and that's precisely what happened when President Trump's tariffs on China, Mexico, and Canada kicked in.
247wallst.com
- 2 months ago
Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2028
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRICING OF PRIVATE OFFERING OF SENIOR NOTES DUE 2028.
businesswire.com
- 2 months ago
Hess Midstream Operations LP Announces Private Offering of Senior Notes Due 2028
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM OPERATIONS LP ANNOUNCES PRIVATE OFFERING OF SENIOR NOTES DUE 2028.
businesswire.com
- 2 months ago
16 Upcoming Dividend Increases
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth.
seekingalpha.com
- 2 months ago
Hess Midstream LP (HESM) Q4 2024 Earnings Call Transcript
Hess Midstream LP (NYSE:HESM ) Q4 2024 Earnings Conference Call January 29, 2025 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference Call Participants Naomi Marfatia - UBS Doug Irwin - Citi Jackie Koletas - Goldman Sachs Noah Katz - JPMorgan Operator Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2024 Hess Midstream Conference Call. My name is Gigi, and I'll be your operator for today.
seekingalpha.com
- 2 months ago
8. Profile
Summary
Hess Midstream LP HESM
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 8.48 B
Dividend Yield
2.17%
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. 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
Mr. John A. Gatling
President & Chief Operating Officer of Hess Midstream GP LLC