Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD
38.68
+0.07 (0.18%)
At close: Feb 27, 2026, 4:00 PM EST
38.17
-0.51 (-1.32%)
After-hours: Feb 27, 2026, 7:39 PM EST
0.18%
Market Cap 8.03B
Revenue (ttm) 1.62B
Net Income (ttm) 352.90M
Shares Out 207.69M
EPS (ttm) 2.86
PE Ratio 13.52
Forward PE 13.80
Dividend $3.06 (7.92%)
Ex-Dividend Date Feb 5, 2026
Volume 2,265,981
Open 38.84
Previous Close 38.61
Day's Range 38.35 - 38.95
52-Week Range 31.63 - 44.14
Beta 0.60
Analysts Hold
Price Target 41.43 (+7.11%)
Earnings Date Feb 2, 2026

About HESM

Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural ga... [Read more]

Sector Energy
Founded 2014
Employees 195
Stock Exchange NYSE
Ticker Symbol HESM
Full Company Profile

Financial Performance

In 2025, Hess Midstream LP's revenue was $1.62 billion, an increase of 8.41% compared to the previous year's $1.50 billion. Earnings were $352.90 million, an increase of 58.18%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for HESM stock is "Hold." The 12-month stock price target is $41.43, which is an increase of 7.11% from the latest price.

Price Target
$41.43
(7.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Hess Midstream LP Announces Filing of 2025 Annual Report on Form 10-K

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Announces Filing of 2025 Annual Report on Form 10-K.

2 days ago - Business Wire

Golden Buying Opportunity: 8-9% Yields The Market Is Completely Ignoring

These 8-9% yielders are hiding off the beaten path while Wall Street chases hype. Strong balance sheets, significant cash flow visibility, and major AI-driven tailwinds are aligning. I think significa...

Other symbols: ARLPCVX
8 days ago - Seeking Alpha

Hess Midstream LP (HESM) Q4 2025 Earnings Call Transcript

Hess Midstream LP (HESM) Q4 2025 Earnings Call Transcript

26 days ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the Fourth Quarter of 2025

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported fourth quarter 2025 net income of $168.0 million compared with net income of $172....

26 days ago - Business Wire

Hess Midstream: Solid Fundamentals And Low Valuation May Fuel Upside

Hess Midstream LP is reiterated as a buy, supported by resilient performance, robust fundamentals, and a reasonable valuation. HESM's fee-based, long-term contracts with minimum volume commitments dri...

4 weeks ago - Seeking Alpha

Hess Midstream LP Announces Distribution Per Share Level Increase

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.

4 weeks ago - Business Wire

2 Highest Yielding Quality MLPs To Include In Retirement Portfolios

Midstream MLPs offer high single-digit yields with strong defensive characteristics, making them attractive for retirement income portfolios. The yield-to-risk ratio in MLPs is compelling, even compar...

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4 weeks ago - Seeking Alpha

Hess Midstream: K-1-Free 8.8% Dividend Is Hard To Ignore, Yet Watch The Risks

Hess Midstream LP offers an attractive 8.8% yield with a C-corp structure, minimizing tax complexity for investors. HESM's near-term cash flows are protected by Minimum Volume Commitments with Chevron...

5 weeks ago - Seeking Alpha

Buy The Dip: Quality Dividend Growth Stocks Getting Way Too Cheap

The market is reacting to headlines, not fundamentals. Deep discounts are creating unusually asymmetric setups in quality dividend growth stocks. Patient income investors may be getting a rare gift to...

Other symbols: CVXINVH
6 weeks ago - Seeking Alpha

Hess Midstream LP Schedules Earnings Release Conference Call

HOUSTON--(BUSINESS WIRE)--Hess Midstream LP Schedules Earnings Release Conference Call.

6 weeks ago - Business Wire

Hess Midstream LP Announces 2026 Guidance, Extends Return of Capital Program

HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES 2026 GUIDANCE, EXTENDS RETURN OF CAPITAL PROGRAM.

2 months ago - Business Wire

Hess Midstream: A Compelling Idea For 2026

Hess Midstream (HESM) is rated a strong buy, offering an 8.8% yield, robust free cash flow, and downside protection via minimum volume commitments through 2033. HESM pivots from growth to maximizing s...

3 months ago - Seeking Alpha

PGIM Jennison Energy Infrastructure Fund Q3 2025 Contributors And Detractors

TC Energy benefited from positive results in 2Q25, beating estimates, with EBITDA guidance being modestly raised, and the current capex remaining static. Enbridge has vast scale across oil, gas, utili...

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3 months ago - Seeking Alpha

Buy The Dip: Giving Thanks For These Dirt Cheap Black Friday Bargains

I share two dirt-cheap high-quality dividend growth stocks with yields up to 9%. Strong dividends, buybacks, and deep discounts combine for a rare risk-reward setup. I detail why this Thanksgiving, I ...

3 months ago - Seeking Alpha

Hess Midstream: High-Yield Undervalued Midstream Play With Long-Term Gas Potential

Hess Midstream LP offers a compelling >9% yield, strong free cash flow, and resilient financials despite recent stock pressure and industry headwinds. HESM maintains a solid payout ratio, ongoing buyb...

3 months ago - Seeking Alpha

Hess Midstream LP (HESM) Q3 2025 Earnings Call Transcript

Hess Midstream LP ( HESM) Q3 2025 Earnings Call November 3, 2025 10:00 AM EST Company Participants Jennifer Gordon - Vice President of Investor Relations Jonathan Stein - Chief Executive Officer Mich...

4 months ago - Seeking Alpha

Hess Midstream LP Reports Estimated Results for the Third Quarter of 2025

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported third quarter 2025 net income of $175.5 million compared with net income of $164.7...

4 months ago - Business Wire

Why I'm Betting 75% Of My Portfolio On America's Future

The government is taking stakes in key US companies. This isn't a bailout but a strategic shift to secure vital supply chains and maintain a competitive edge against global rivals. This new reality ch...

Other symbols: AMAMDASTSCLFCPCSXEME
5 months ago - Seeking Alpha

Hess Midstream: I'm Still Cautious, But Valuation Makes Sense After The Selloff

Hess Midstream LP is upgraded from hold to buy, as valuation now prices in downside risks and offers an attractive entry point. HESM trades below historical P/E and EV/EBITDA averages, with fair value...

5 months ago - Seeking Alpha

Dividend Growth Stocks: 5 Massive Yields That Could Rise Within Weeks

Wall Street left these 8.5% to 16.6% yields for dead. But their next dividend raises may show that these patients have a pulse—and send these prices higher before year-end.

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5 months ago - Forbes

Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 8% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

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5 months ago - Benzinga

Hess Midstream: Growth Fears Create Opportunity

Hess Midstream LP shares plunged after Chevron reduced drilling, leading to lower growth guidance and a 10% stock drop. Despite muted growth, HESM's minimum volume commitments and strong contract stru...

5 months ago - Seeking Alpha

Hess Midstream Cuts Outlook As Chevron Scales Back Bakken Drilling

Hess Midstream LP HESM on Thursday, cut its financial and operational outlook for the coming years, citing a slowdown in drilling activity by Chevron Corp CVX in the Bakken beginning in the fourth qua...

Other symbols: CVX
5 months ago - Benzinga

Hess Midstream LP Announces Updated Guidance

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Updated Guidance.

5 months ago - Business Wire

August's 5 Dividend Growth Stocks With Yields Up To 8%

Every month, we screen for higher-yielding dividend-paying stocks, but also those that have a trend of generally growing dividends. Those include dividend payers that screen well based on quant grades...

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6 months ago - Seeking Alpha