Energy
Hess Midstream LP(HESM)
Live Price
Offline$37.21
+1.14% today
1Y Change
-1.51%
Window
Jun 25, 2025 โ Jun 22, 2026
- Market Cap
- $8.15B
- Revenue Growth
- +8.7%
- EPS Growth
- +14.3%
- Dividend Yield
- 7.6%
Coverage: 248 bars ยท Jun 25, 2025 โ Jun 22, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Hess Midstream LP (HESM) is a Energy stock with a market cap of $8.15B and listed on NYSE. The stock last traded around $37.21 and down 1.5% across the available one-year price window (Jun 25, 2025 โ Jun 22, 2026). Baseline metrics include revenue growth of +8.7%, EPS growth of +14.3%, a dividend yield of 7.6%. What stands out right now is revenue +8.7%, EPS +14.3%, free cash flow +14.8% with operating margin 62.2% and ROIC 20.4%. The dividend matters to the case here, with a current yield around 7.6%. Valuation is more restrained than many high-expectation growth names at P/E 14.3 and price/sales 5.0. Overall, the current profile looks closer to a quality compounder than a generic broad-market placeholder. Stock Foundry combines HESM price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Energy peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Below sector median
+8.7% vs +11.2% peer median
Operating Margin
Above sector median
+62.2% vs +8.6% peer median
P/E
Above sector median
14.3 vs 7.9 peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report is on the board
2026 was reported on Apr 29, 2026, but the surprise data is still limited.
The operating story is still moving forward
Revenue is running at +8.7% and EPS at +14.3%, with operating margin around 62.2%.
Shareholder return is still part of the story
The stock is still offering a dividend yield around 7.6%, which matters if the thesis depends on income as much as growth.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged +0.3% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 Apr 29, 2026 | โ | +2.0% | -0.3% | +0.1% |
2026 Feb 2, 2026 | -0.4% | +0.5% | +3.6% | +12.9% |
2025 Nov 3, 2025 | +2.6% | -1.6% | -2.5% | -3.7% |
Benchmark Edge
HESM vs SPY, QQQ, and Sector ETFs
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
HESM
โ
Normalized return
SPY
--
S&P 500
Excess Return
--
Relative to SPY
HESM Max Drawdown
-27.08%
Trailing 1Y
SPY Max Drawdown
โ
Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for HESM and SPY.
Company Overview
Hess Midstream LP
New York Stock Exchange
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.
- Leadership
- Jonathan C. Stein
- IPO Date
- Apr 5, 2017
- Employees
- 176
- Street Address
- 1501 McKinney Street
- Mailing
- Houston, TX, 77010
- Region
- Houston, TX, US
- Reporting Currency
- USD
- Investor Line
- 713 496 4200
- Last Updated
- Apr 29, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 14.3
- EV/EBITDA
- 9.6
- Price/Sales
- 5.0
- Price/Book
- 8.9
Growth
- Revenue
- +8.7%
- EPS
- +14.3%
- Free Cash Flow
- +14.8%
Profitability
- Gross Margin
- 75.0%
- Operating Margin
- 62.2%
- Net Margin
- 21.8%
- ROE
- 59.4%
- ROIC
- 20.4%
Balance Sheet
- Debt/Equity
- 6.64
- Current Ratio
- 0.85
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.