Energy -
Oil & Gas Midstream - NYSE - US
$ 41.63
-0.24 %
$ 9.43 B
Market Cap
16.72
P/E
1. INTRINSIC VALUE
Balance Sheet
Hess Midstream LP
| Current Assets | 137 M |
| Cash & Short-Term Investments | 5.4 M |
| Receivables | 124 M |
| Other Current Assets | 7 M |
| Non-Current Assets | 3.65 B |
| Long-Term Investments | 90.2 M |
| PP&E | 3.23 B |
| Other Non-Current Assets | 333 M |
| Current Liabilities | 210 M |
| Accounts Payable | 79.7 M |
| Short-Term Debt | 12.5 M |
| Other Current Liabilities | 118 M |
| Non-Current Liabilities | 3.22 B |
| Long-Term Debt | 3.2 B |
| Other Non-Current Liabilities | 17.2 M |
EFFICIENCY
Earnings Waterfall
Hess Midstream LP
| Revenue | 1.35 B |
| Cost Of Revenue | 313 M |
| Gross Profit | 1.04 B |
| Operating Expenses | 219 M |
| Operating Income | 817 M |
| Other Expenses | 698 M |
| Net Income | 119 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Hess Midstream LP
| Net Income | 119 M |
| Depreciation & Amortization | 192 M |
| Capital Expenditures | -224 M |
| Stock-Based Compensation | 1.7 M |
| Change in Working Capital | 14.5 M |
| Others | 503 M |
| Free Cash Flow | 643 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
-18.33%
HESM Average Price Target
Wall Street Target
34.3 USD
-17.53%
HESM Highest Price Target
Wall Street Target
35 USD
-15.93%
4. DIVIDEND
ANALYSIS
1.86%
DIVIDEND YIELD
0.701 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Hess Midstream LP
Sold
0-3 MONTHS
495 M USD 1
3-6 MONTHS
445 M USD 2
6-9 MONTHS
51 M USD 1
9-12 MONTHS
79.8 K 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
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
1 week ago
Feb 19, 2025
|
Sell 64.5 M
USD
|
BlackRock Portfolio Management LLC
10 percent owner
|
- 1650000
|
39.11 USD |
|
2 weeks ago
Feb 12, 2025
|
Sell 430 M
USD
|
BlackRock Portfolio Management LLC
10 percent owner
|
- 11000000
|
39.11 USD |
|
3 months ago
Nov 11, 2024
|
Sell 280 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 7923
|
35.32 USD |
|
5 months ago
Sep 20, 2024
|
Sell 444 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 12650000
|
35.12 USD |
|
8 months ago
Jun 03, 2024
|
Sell 51 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 1500000
|
34.025 USD |
|
11 months ago
Mar 13, 2024
|
Sell 79.8 K
USD
|
Gatling John A.
President and COO
|
- 2231
|
35.78 USD |
|
1 year ago
Feb 08, 2024
|
Sell 378 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 11500000
|
32.83 USD |
|
1 year ago
Aug 22, 2023
|
Sell 42.9 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 1500000
|
28.59 USD |
|
1 year ago
Aug 17, 2023
|
Sell 286 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 10000000
|
28.59 USD |
|
1 year ago
May 19, 2023
|
Sell 167 M
USD
|
HESS CORP
director, 10 percent owner:
|
- 6382500
|
26.12 USD |
|
1 year ago
May 19, 2023
|
Sell 167 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 6382500
|
26.12 USD |
|
1 year ago
Mar 13, 2023
|
Sell 83.8 K
USD
|
Gatling John A.
President and COO
|
- 3062
|
27.38 USD |
|
1 year ago
Mar 13, 2023
|
Sell 109 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 3973
|
27.38 USD |
|
1 year ago
Mar 09, 2023
|
Sell 63.3 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 2239
|
28.26 USD |
|
1 year ago
Mar 09, 2023
|
Sell 42.7 K
USD
|
Gatling John A.
President and COO
|
- 1512
|
28.26 USD |
|
2 years ago
May 06, 2022
|
Bought
100 K USD
|
Schoonman Geurt G
director:
|
+ 3249.493
|
30.77 USD |
|
2 years ago
Apr 04, 2022
|
Sell 146 M
USD
|
Hess Investments North Dakota LLC
director:
|
- 5117500
|
28.497 USD |
|
2 years ago
Apr 04, 2022
|
Sell 146 M
USD
|
Hess Investments North Dakota LLC
director:
|
- 5117500
|
28.497 USD |
|
2 years ago
Apr 04, 2022
|
Sell 146 M
USD
|
GIP II Blue Holding, L.P.
director:
|
- 5117500
|
28.497 USD |
|
2 years ago
Apr 04, 2022
|
Sell 146 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 5117500
|
28.497 USD |
|
2 years ago
Mar 13, 2022
|
Sell 124 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 3973
|
31.14 USD |
|
2 years ago
Mar 13, 2022
|
Sell 76.4 K
USD
|
Gatling John A.
President and COO
|
- 2453
|
31.14 USD |
|
2 years ago
Mar 08, 2022
|
Sell 122 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 3770
|
32.41 USD |
|
2 years ago
Mar 09, 2022
|
Sell 58.3 K
USD
|
Gatling John A.
President and COO
|
- 1798
|
32.41 USD |
|
2 years ago
Mar 08, 2022
|
Sell 989 K
USD
|
Gatling John A.
President and COO
|
- 30489
|
32.44 USD |
|
3 years ago
Oct 08, 2021
|
Sell 108 M
USD
|
HESS CORP
director, 10 percent owner:
|
- 4312500
|
25.116 USD |
|
3 years ago
Oct 08, 2021
|
Sell 108 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 4312500
|
25.116 USD |
|
3 years ago
May 14, 2021
|
Sell 1.53 M
USD
|
HESS JOHN B
Chairman and CEO
|
- 66009
|
23.17 USD |
|
3 years ago
May 13, 2021
|
Sell 754 K
USD
|
HESS JOHN B
Chairman and CEO
|
- 32625
|
23.1 USD |
|
3 years ago
May 13, 2021
|
Sell 1.01 M
USD
|
HESS JOHN B
Chairman and CEO
|
- 43500
|
23.11 USD |
|
3 years ago
May 17, 2021
|
Sell 2.74 M
USD
|
HESS JOHN B
Chairman and CEO
|
- 116416
|
23.55 USD |
|
3 years ago
Mar 15, 2021
|
Sell 69.9 M
USD
|
HESS CORP
director, 10 percent owner:
|
- 3450000
|
20.27 USD |
|
3 years ago
Mar 15, 2021
|
Sell 69.9 M
USD
|
Global Infrastructure Investors II, LLC
director, 10 percent owner:
|
- 3450000
|
20.27 USD |
|
3 years ago
Mar 16, 2021
|
Sell 79.8 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 3793
|
21.04 USD |
|
3 years ago
Mar 16, 2021
|
Sell 39.9 K
USD
|
Gatling John A.
President and COO
|
- 1895
|
21.04 USD |
|
3 years ago
Mar 09, 2021
|
Sell 60.1 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 2625
|
22.9 USD |
|
3 years ago
Mar 09, 2021
|
Sell 43.1 K
USD
|
Gatling John A.
President and COO
|
- 1882
|
22.9 USD |
|
4 years ago
Aug 14, 2020
|
Bought
20.1 K USD
|
Gatling John A.
President and COO
|
+ 1084
|
18.57 USD |
|
4 years ago
Apr 07, 2020
|
Sell 8.23 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 711
|
11.58 USD |
|
4 years ago
Mar 19, 2020
|
Bought
69.8 K USD
|
Letwin Stephen J J
Director
|
+ 10000
|
6.98 USD |
|
4 years ago
Mar 10, 2020
|
Sell 22.9 K
USD
|
Gatling John A.
President and COO
|
- 2066
|
11.07 USD |
|
4 years ago
Mar 10, 2020
|
Sell 29.9 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 2625
|
11.4 USD |
|
5 years ago
Mar 03, 2020
|
Bought
534 K USD
|
HESS JOHN B
Chairman and CEO
|
+ 27000
|
19.77 USD |
|
5 years ago
Mar 02, 2020
|
Bought
489 K USD
|
HESS JOHN B
Chairman and CEO
|
+ 25000
|
19.56 USD |
|
5 years ago
Apr 08, 2019
|
Sell 15.2 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 710
|
21.39 USD |
|
5 years ago
Mar 11, 2019
|
Sell 31.3 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 1381
|
22.63 USD |
|
6 years ago
Dec 26, 2018
|
Bought
203 K USD
|
Gatling John A.
Chief Operating Officer
|
+ 12000
|
16.9 USD |
|
6 years ago
Apr 06, 2018
|
Sell 9.39 K
USD
|
Stein Jonathan C.
Chief Financial Officer
|
- 493
|
19.05 USD |
|
6 years ago
Mar 16, 2018
|
Bought
101 K USD
|
Gatling John A.
Chief Operating Officer
|
+ 5100
|
19.75 USD |
|
7 years ago
Apr 10, 2017
|
Bought
460 K USD
|
RIELLY JOHN P
Vice President
|
+ 20000
|
23 USD |
|
7 years ago
Apr 10, 2017
|
Bought
345 K USD
|
Gatling John A.
Chief Operating Officer
|
+ 15000
|
23 USD |
|
7 years ago
Apr 10, 2017
|
Bought
288 K USD
|
Goodell Timothy B.
General Counsel and Secretary
|
+ 12500
|
23 USD |
|
7 years ago
Apr 10, 2017
|
Bought
200 K USD
|
Stein Jonathan C.
Chief Financial Officer
|
+ 8700
|
23 USD |
7. News
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
- 2 weeks 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
- 2 weeks 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
- 3 weeks 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
- 3 weeks 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
- 3 weeks 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
- 4 weeks 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
- 1 month 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
- 1 month ago
MoneyShow's Best Investment Ideas For 2025: Part 7
MoneyShow presents top investment ideas for 2025 from their contributors. This year's edition presents a broad mix of theme-based stock picks, momentum-driven high-flyers and beaten-up stocks with turnaround potential, along with some speculative plays and ETFs. Part 7 includes Village Super Market, MARA Holdings, Hess Midstream, ASML Holding and Ares Capital, among others.
seekingalpha.com
- 1 month ago
Hess Midstream LP Announces 2025 Guidance, Extends Return of Capital Program Through 2027
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today provided financial and operational guidance and expectations. “We continue to successfully execute our strategy of focused investments to capture increasing volumes in the Bakken,” said John Gatling, President and Chief Operating Officer of Hess Midstream. "Our growth is underpinned by Hess' planned development activity and continuing to provide quality midstream services to our customers in the basin. We are star.
businesswire.com
- 1 month ago
Hess Midstream LP Announces Distribution Per Share Level Increase
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Distribution Per Share Level Increase.
businesswire.com
- 1 month ago
Hess Midstream LP Schedules Earnings Release Conference Call
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP SCHEDULES EARNINGS RELEASE CONFERENCE CALL.
businesswire.com
- 1 month ago
8. Profile
Summary
Hess Midstream LP HESM
COUNTRY
US
INDUSTRY
Oil & Gas Midstream
MARKET CAP
$ 9.43 B
Dividend Yield
1.86%
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 P. Rielly CPA
Vice President & Director of Hess Midstream GP LLC
Mr. Michael Frailey
Vice President & Chief Commercial 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
Mr. Jonathan C. Stein
Chief Financial Officer of Hess Midstream GP LLC
Mr. John B. Hess
Chairman & Chief Executive Officer of Hess Midstream GP LLC