Hess Midstream LP (HESM)

NYSE: HESM · Real-Time Price · USD

37.81

+0.79 (2.13%)

At close: Apr 28, 2026, 4:00 PM EDT

37.81

0.00 (0.00%)

After-hours: Apr 28, 2026, 4:00 PM EDT

2.13% (1D)

Market Cap	7.84B
Revenue (ttm)	1.62B
Net Income (ttm)	352.90M
Shares Out	207.69M
EPS (ttm)	2.86
PE Ratio	13.21
Forward PE	13.01
Dividend	$3.06 (8.09%)
Ex-Dividend Date	Feb 5, 2026

Volume	2,713,172
Open	37.77
Previous Close	37.02
Day's Range	37.32 - 37.87
52-Week Range	31.63 - 44.14
Beta	0.55
Analysts	Hold
Price Target	41.00 (+8.55%)
Earnings Date	May 4, 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]

Industry Oil & Gas Midstream

Sector Energy

Founded 2014

Employees 195

Stock Exchange NYSE

Ticker Symbol HESM

Website https://www.hessmidstream.com

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 $41.0, which is an increase of 8.55% from the latest price.

Price Target

$41.0

(8.55% upside)

Analyst Consensus: Hold

Stock Forecasts

News

Hess Midstream LP Announces Distribution Per Share Level Increase

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

1 day ago - Business Wire

Hess Midstream LP Schedules Earnings Release Conference Call

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

21 days ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $60 Million Repurchase From Sponsor and the Public

HOUSTON--(BUSINESS WIRE)--HESS MIDSTREAM LP ANNOUNCES SIGNING OF ACCRETIVE $60 MILLION REPURCHASE FROM SPONSOR AND THE PUBLIC.

2 months ago - Business Wire

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 months ago - Business Wire

Hess Midstream LP Earnings Call Transcript: Q4 2025

Strong 2025 results with 9% Adjusted EBITDA growth and robust free cash flow. Capital spending to drop sharply, supporting 5% annual distribution growth and debt reduction. 2026 guidance is stable, with weather-related volume impacts mitigated by 95% MVC protection.

3 months ago - Transcripts

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....

3 months 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.

5 months ago - Business Wire

Hess Midstream LP Earnings Call Transcript: Q3 2025

Q3 2025 saw strong operational and financial results, with adjusted EBITDA up to $321 million and a $100 million share repurchase. Capital expenditures are reduced following the Capa gas plant suspension, supporting higher free cash flow and ongoing capital returns.

6 months ago - Transcripts

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...

6 months ago - Business Wire

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.

Other symbols: CCOI DKL DX RWT

7 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...

Other symbols: DKL WES

7 months ago - Benzinga

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

7 months ago - Benzinga

Hess Midstream LP Announces Updated Guidance

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

7 months ago - Business Wire

Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public

HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP Announces Signing of Accretive $100 Million Repurchase From Sponsor and the Public.

9 months ago - Business Wire

Top 2 Energy Stocks That May Fall Off A Cliff This Quarter

As of Aug. 1, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: TTI

9 months ago - Benzinga

Hess Midstream LP Earnings Call Transcript: Q2 2025

Q2 2025 saw record operational and financial performance, with net income and adjusted EBITDA rising sequentially. Guidance for 2025 remains strong, supported by robust throughput growth, disciplined capital allocation, and a focus on shareholder returns.

9 months ago - Transcripts