Hess Midstream LP (HESM)
Full history for every metric is available with a Kvantra account
No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,092 | 1,204 | 1,273 | 1,346 | 1,492 | 1,617 | 1,610 | 1,611 |
| Operating profit | $m | 1,008 | 1,002 | ||||||
| Net profit | $m | 24 | 46 | 84 | 119 | 223 | 353 | 375 | 365 |
| EPS reported | $ | 2.86 | 2.90 | ||||||
| Operating cashflow per share | $ | 7.99 | 8.07 | ||||||
| Capex per share | $ | 2.08 | 2.66 | ||||||
| FCF per share | $ | 5.92 | 5.41 | ||||||
| Free cash flow | $m | 728 | 694 | ||||||
| Net debt | $m | 3,770 | 3,675 | ||||||
| Book value equity | $m | 568 | 515 | ||||||
| Book value per share | $ | 4.62 | 4.01 | ||||||
| Number of shares | m | 123.1 | 128.4 | ||||||
| DPS (TTM paid) | $ | 2.90 | 3.09 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 12.06 | 13.19 | ||||||
| P/B LTM | x | 7.47 | 8.25 | ||||||
| P/S LTM | x | 2.63 | 2.64 | ||||||
| P/FCF LTM | x | 5.83 | 6.12 | ||||||
| EV/EBITDA LTM | x | 6.48 | 6.51 | ||||||
| EV/Sales LTM | x | 4.96 | 7.48 | ||||||
| Earnings Yield LTM | % | +8.29% | +7.58% | ||||||
| FCF Yield | % | +17.15% | +16.35% | ||||||
| Quality | |||||||||
| ROE | % | +62.10% | +69.02% | ||||||
| ROIC | % | +20.42% | +20.77% | ||||||
| Operating margin | % | +62.34% | +62.21% | ||||||
| Gross margin | % | +86.76% | +80.77% | ||||||
| FCF/Sales | % | +45.03% | +43.12% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +14.86% | +16.47% | ||||||
| Sales Growth YoY | % | +8.40% | +7.94% | ||||||
| Net Income Growth YoY | % | +58.18% | +68.09% | ||||||
| FCF Growth | % | +14.82% | +9.49% | ||||||
| Operating Profit Growth | % | +9.70% | +9.01% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +8.25% | +7.62% | ||||||
| Dividend Growth | % | +10.03% | +17.01% | ||||||
| Payout Ratio | % | +99.47% | +104.81% | ||||||
| FCF/Debt | x | 0.19 | 0.19 | ||||||
| Net Debt/EBITDA | x | 3.05 | 2.99 | ||||||
| EBIT/Net interest | x | 4.47 | 4.48 | ||||||
| Net debt/market cap | % | +88.82% | +43.94% | ||||||
| Net debt/Equity | x | 6.63 | 7.14 | ||||||
| Gross debt/equity | x | 6.64 | 7.15 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.
Unlock all fundamental data
Sign up for FreeUnlock all fundamental data
Sign up for Free