hess midstream partners lp - HESM

HESM

Close Chg Chg %
40.64 0.07 0.16%

Closed Market

40.70

+0.07 (0.16%)

Volume: 793.92K

Last Updated:

Mar 13, 2025, 3:59 PM EDT

Company Overview: hess midstream partners lp - HESM

HESM Key Data

Open

$40.92

Day Range

40.49 - 41.26

52 Week Range

32.75 - 42.31

Market Cap

$4.74B

Shares Outstanding

116.74M

Public Float

115.12M

Beta

1.44

Rev. Per Employee

N/A

P/E Ratio

16.21

EPS

$2.49

Yield

665.79%

Dividend

$0.70

EX-DIVIDEND DATE

Feb 6, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

1.27M

 

HESM Performance

1 Week
 
0.87%
 
1 Month
 
2.01%
 
3 Months
 
10.84%
 
1 Year
 
15.63%
 
5 Years
 
279.83%
 

HESM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 4
Full Ratings ➔

About hess midstream partners lp - HESM

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded in 2014 and is headquartered in Houston, TX.

HESM At a Glance

Hess Midstream LP
1501 McKinney Street
Houston, Texas 77010
Phone 1-713-496-4200 Revenue 1.50B
Industry Integrated Oil Net Income 223.10M
Sector Energy Minerals 2024 Sales Growth 10.893%
Fiscal Year-end 12 / 2025 Employees 220
View SEC Filings

HESM Valuation

P/E Current 16.209
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 14.772
Price to Sales Ratio 2.204
Price to Book Ratio 7.263
Price to Cash Flow Ratio 3.505
Enterprise Value to EBITDA 5.969
Enterprise Value to Sales 4.479
Total Debt to Enterprise Value 0.518

HESM Efficiency

Revenue/Employee 6,797,727.273
Income Per Employee 1,014,090.909
Receivables Turnover 10.767
Total Asset Turnover 0.377

HESM Liquidity

Current Ratio 0.681
Quick Ratio 0.681
Cash Ratio 0.02

HESM Profitability

Gross Margin 63.196
Operating Margin 61.451
Pretax Margin 48.867
Net Margin 14.918
Return on Assets 5.619
Return on Equity 51.234
Return on Total Capital 5.574
Return on Invested Capital 5.934

HESM Capital Structure

Total Debt to Total Equity 654.211
Total Debt to Total Capital 86.741
Total Debt to Total Assets 83.64
Long-Term Debt to Equity 649.972
Long-Term Debt to Total Capital 86.179
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hess Midstream Partners Lp - HESM

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
1.20B 1.28B 1.35B 1.50B
Sales Growth
+10.25% +5.93% +5.76% +10.89%
Cost of Goods Sold (COGS) incl D&A
453.90M 460.90M 505.50M 550.40M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
165.60M 181.30M 192.50M 203.10M
Depreciation
165.60M 181.30M 192.50M 203.10M
Amortization of Intangibles
- - - -
-
COGS Growth
-8.17% +1.54% +9.68% +8.88%
Gross Income
749.90M 814.30M 843.10M 945.10M
Gross Income Growth
+25.49% +8.59% +3.54% +12.10%
Gross Profit Margin
+62.29% +63.86% +62.52% +63.20%
2021 2022 2023 2024 5-year trend
SG&A Expense
22.70M 23.10M 26.20M 26.10M
Research & Development
- - - -
-
Other SG&A
22.70M 23.10M 26.20M 26.10M
SGA Growth
+7.58% +1.76% +13.42% -0.38%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
727.20M 791.20M 816.90M 919.00M
Non Operating Income/Expense
10.60M 5.30M 7.70M 14.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
10.60M 5.30M 7.70M 14.00M
Interest Expense
105.40M 149.30M 179.00M 202.20M
Interest Expense Growth
+11.30% +41.65% +19.89% +12.96%
Gross Interest Expense
105.40M 149.30M 179.00M 202.20M
Interest Capitalized
- - - -
-
Pretax Income
632.40M 647.20M 645.60M 730.80M
Pretax Income Growth
+28.48% +2.34% -0.25% +13.20%
Pretax Margin
+52.53% +50.75% +47.87% +48.87%
Income Tax
14.60M 26.60M 37.90M 71.80M
Income Tax - Current - Domestic
2.10M 3.80M 6.70M 12.70M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
12.50M 22.80M 31.20M 59.10M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
10.60M 5.30M 7.70M 14.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
617.80M 620.60M 607.70M 659.00M
Minority Interest Expense
571.40M 536.70M 489.10M 435.90M
Net Income
46.40M 83.90M 118.60M 223.10M
Net Income Growth
+93.33% +80.82% +41.36% +88.11%
Net Margin Growth
+3.85% +6.58% +8.79% +14.92%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
46.40M 83.90M 118.60M 223.10M
Preferred Dividends
- - - -
-
Net Income Available to Common
46.40M 83.90M 118.60M 223.10M
EPS (Basic)
1.8125 2.0315 2.1103 2.5067
EPS (Basic) Growth
+35.94% +12.08% +3.88% +18.78%
Basic Shares Outstanding
25.60M 41.30M 56.20M 89.00M
EPS (Diluted)
1.8054 2.0266 2.1066 2.5067
EPS (Diluted) Growth
+36.15% +12.25% +3.95% +18.99%
Diluted Shares Outstanding
25.70M 41.40M 56.30M 89.00M
EBITDA
892.80M 972.50M 1.01B 1.12B
EBITDA Growth
+21.73% +8.93% +3.79% +11.17%
EBITDA Margin
+74.17% +76.26% +74.85% +75.03%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 43.60
Number of Ratings 4 Current Quarters Estimate 0.626
FY Report Date 03 / 2025 Current Year's Estimate 2.877
Last Quarter’s Earnings 0.68 Median PE on CY Estimate N/A
Year Ago Earnings 2.49 Next Fiscal Year Estimate 3.369
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 6 6 6 6
Mean Estimate 0.63 0.71 2.88 3.37
High Estimates 0.79 0.83 3.51 4.01
Low Estimate 0.22 0.35 1.29 1.38
Coefficient of Variance 32.84 25.49 28.07 30.22

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 1 1 1
HOLD 1 2 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Hess Midstream Partners Lp - HESM

Date Name Shares Transaction Value
Mar 12, 2025 David W. Niemiec Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO 6,199 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 John A. Gatling President and COO 4,757 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO 2,948 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO 62,457 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $40.6 per share 2,535,754.20
Mar 12, 2025 John A. Gatling President and COO 64,544 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO 62,166 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John A. Gatling President and COO 59,218 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 Jonathan C. Stein Chief Financial Officer 6,199 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Stephen J. J. Letwin Director 1,612 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 Stephen J. J. Letwin Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 Stephen J. J. Letwin Director 30,811 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John Patrick Reddy Director 1,612 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 John Patrick Reddy Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 John Patrick Reddy Director 22,825 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 12, 2025 David W. Niemiec Director 1,612 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2025 David W. Niemiec Director 48,915 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 20, 2025 Hess Infrastructure Partners GP LLC 1,650,000 Conversion of derivative security 0.00
Feb 20, 2025 Hess Infrastructure Partners GP LLC N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $39.11 per share 0.00

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