Want to see HESM full AI Analyst Report?
HESM Stock Chart & Stats
$39.08
$0.16(0.40%)
At close: 4:00 PM EDT
$39.08
$0.16(0.40%)
Day’s Range― - ―
52-Week Range$31.63 - $41.44
Previous CloseN/A
Volume489.36K
Average Volume (3M)1.30M
Market Cap
$8.24B
Enterprise Value$8.38K
Total Cash (Recent Filing)$5.00M
Total Debt (Recent Filing)$3.68B
Price to Earnings (P/E)13.8
Beta0.22
Next Earnings
Oct 28, 2026EPS Estimate
0.73Next Dividend Ex-DateN/A
Dividend Yield7.72%
Share Statistics
EPS (TTM)2.90
Shares Outstanding128,350,880
10 Day Avg. Volume1,260,197
30 Day Avg. Volume1,303,519
Financial Highlights & Ratios
PEG Ratio0.84
Price to Book (P/B)7.47
Price to Sales (P/S)2.63
P/FCF Ratio5.83
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$36.75Price Target Upside-5.96% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering4
EPS Forecast (FY)2.92
Revenue Forecast (FY)$1.61B
Bulls Say, Bears Say
Bulls Say
Fee-Based Business ModelLong-term fee-based contracts reduce direct commodity-price exposure and support recurring cash flows. Integrated gas, crude and water infrastructure also embeds HESM in customer operations, making its services important to ongoing Bakken production.
Strong Cash GenerationStrong cash conversion indicates that reported earnings are supported by underlying operations rather than accounting effects. Improving free cash flow gives HESM capacity to fund distributions, reduce debt and maintain infrastructure investment.
High Margins And FCF GrowthVery high margins and operating leverage demonstrate an efficient infrastructure platform. If sustained, the margin profile and projected FCF growth can strengthen self-funding, support shareholder distributions and improve financial flexibility.
Bears Say
Elevated LeverageHigh leverage leaves HESM more exposed to refinancing risk and interest-cost increases, especially if operating conditions weaken. It can also constrain capital allocation by directing future cash toward debt reduction rather than growth or distributions.
Revenue And Volume Concentration RiskA TTM revenue decline raises questions about current throughput and fee stability. Dependence on a major customer and one primary producing region means lower development activity or customer changes could affect volumes and cash flow disproportionately.
Limited EBITDA GrowthFlat expected EBITDA limits near-term earnings expansion despite stronger projected free cash flow. Weather, maintenance timing and execution could further pressure results, making growth dependent on volume recovery and sustained cost efficiencies.
HESM FAQ
What was Hess Midstream Partners’s price range in the past 12 months?
Hess Midstream Partners lowest stock price was $31.63 and its highest was $41.44 in the past 12 months.
What is Hess Midstream Partners’s market cap?
Hess Midstream Partners’s market cap is $8.24B.
When is Hess Midstream Partners’s upcoming earnings report date?
Hess Midstream Partners’s upcoming earnings report date is Oct 28, 2026 which is in 44 days.
How were Hess Midstream Partners’s earnings last quarter?
Hess Midstream Partners released its earnings results on Aug 03, 2026. The company reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.672 by $0.078.
Is Hess Midstream Partners overvalued?
According to Wall Street analysts Hess Midstream Partners’s price is currently Overvalued.
Does Hess Midstream Partners pay dividends?
Hess Midstream Partners pays a Quarterly dividend of $0.789 which represents an annual dividend yield of 7.72%. See more information on Hess Midstream Partners dividends here
What is Hess Midstream Partners’s EPS estimate?
Hess Midstream Partners’s EPS estimate is 0.73.
How many shares outstanding does Hess Midstream Partners have?
Hess Midstream Partners has 128,350,880 shares outstanding.
What happened to Hess Midstream Partners’s price movement after its last earnings report?
Hess Midstream Partners reported an EPS of $0.75 in its last earnings report, beating expectations of $0.672. Following the earnings report the stock price went down -0.147%.
Which hedge fund is a major shareholder of Hess Midstream Partners?
Currently, no hedge funds are holding shares in HESM
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Hess Midstream Partners Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$36.75 (-5.96% Downside)
$36.75 (-5.96% Downside)
Blogger Sentiment
Bullish
HESM Sentiment 73%
Sector Average 60%
Sector Average 60%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 3.0%
Last 30 Days ▼ 3.0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
9.52%
12-Months-Change
Fundamentals
Return on Equity
7.72%
Trailing 12-Months
Asset Growth
-3.76%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Hess Midstream Partners
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.
HESM Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a generally positive operational and financial picture: strong margins (85%), reiterated robust adjusted free cash flow guidance (+20% YoY at midpoint), sequential net income and EBITDA improvement, active debt reduction and a clear plan to return excess cash to shareholders. Near-term headwinds include phased maintenance driving higher Q3 OpEx, a small sequential decline in adjusted free cash flow, and flat-to-lower oil throughput. Guidance is conservative on EBITDA due to weather and execution sensitivity, but capital efficiency and liquidity improvements underpin a constructive outlook.View all HESM earnings summariesHESM Stock 12 Month Forecast
Average Price Target
$36.75
▼(-5.96% Downside)
Technical Analysis
Western Midstream Partners
―
Summit Midstream
―
Antero Midstream
―
Kinetik
―
DT Midstream
―






