Hess Midstream Partners LP (HESM)

Currency in USD
39.81
-0.83(-2.04%)
Closed·
40.29+0.48(+1.21%)
·
Earnings results expected in 6 days
High dividend Yield
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Fair Value
Day's Range
39.6740.36
52 wk Range
31.6344.14
Key Statistics
Prev. Close
40.64
Open
40.01
Day's Range
39.67-40.36
52 wk Range
31.63-44.14
Volume
827.7K
Average Volume (3m)
1.65M
1-Year Change
-1.3138%
Book Value / Share
4
Fair Value
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Fair Value Upside
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HESM Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
37.33
Downside
-6.22%
Members' Sentiments
Bearish
Bullish
ProTips
5 analysts have revised their earnings downwards for the upcoming period

Hess Midstream Partners LP News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Sell
Technical Indicators
Strong Sell
Moving Averages
Sell

Analyst Ratings

0 Buy
5 Hold
2 Sell
Ratings:
7 analysts
Overall Consensus
Sell

Analysts 12-Month Price Target:

Average 37.33
(-6.22% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Morgan Stanley
Sell39.00-2.03%38.00MaintainJul 21, 2026
Morgan Stanley
Hold38.00-4.55%42.00MaintainMay 12, 2026
Goldman Sachs
Sell32.00-19.62%-DowngradeApr 20, 2026
Morgan Stanley
Hold42.00+5.50%38.00MaintainApr 01, 2026
Wells Fargo
Hold40.00+0.48%39.00MaintainMar 13, 2026

Hess Midstream Partners LP Earnings Call Summary for Q1/2026

  • Hess Midstream Q1 2026 EPS of $0.68 beat forecast by $0.01; revenue of $390.1M slightly exceeded expectations at $389.88M.
  • Stock rose 2.94% to $38.88 in pre-market trading; adjusted free cash flow increased 14% sequentially to $237M despite weather challenges.
  • Company maintained full-year guidance: net income $650M-$700M, adjusted EBITDA $1,225M-$1,275M; reduced capex guidance to $105M.
  • Completed second compressor station and infrastructure enhancements; strategic alignment with Chevron bolstered operational capacity.
  • Severe winter weather impacted early Q1 operations but recovery observed by March; volume growth expected in second half of 2026.
Last Updated: 2026-05-04, 10:38 a/m
Read Full Transcript

Earnings

Latest Release
May 04, 2026
EPS / Forecast
0.68 / 0.67
Revenue / Forecast
390.1M / 389.88M
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.88%
Dividend Yield
7.70%
Industry Median 4.09%
Annualized payout
3.12
Paid quarterly
5-Years Growth
+11.29%
Growth Streak

HESM Income Statement

Compare HESM to Peers and Sector

Metrics to compare
HESM
Peers
Sector
Relationship
P/E Ratio
13.9x22.3x5.4x
PEG Ratio
1.08−1.770.00
Price/Book
16.0x4.2x1.1x
Price / LTM Sales
5.1x4.5x1.4x
Upside (Analyst Target)
−6.5%11.5%29.5%
Fair Value Upside
Unlock6.2%7.6%Unlock

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 gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson’s Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
73.77M57.47%3.00B
Other Institutional Investors
44.26M34.49%1.80B
Public Companies & Retail Investors
10.32M8.04%419.40M
Total
128.35M100.00%5.22B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
ALPS Advisors, Inc.22.79%29,254,0741,188,886
ALPS ETF Trust - Alerian MLP ETF22.58%28,983,4251,177,886

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FAQ

What Is the Hess Midstream Partners (HESM) Stock Price Today?

The Hess Midstream Partners stock price today is 39.81 USD.

What Stock Exchange Does Hess Midstream Partners Trade On?

Hess Midstream Partners is listed and trades on the New York Stock Exchange.

What Is the Stock Symbol for Hess Midstream Partners?

The stock symbol for Hess Midstream Partners is "HESM."

Does Hess Midstream Partners Pay Dividends? What’s The Current Dividend Yield?

The Hess Midstream Partners dividend yield is 7.7%.

What Is the Hess Midstream Partners Market Cap?

As of today, Hess Midstream Partners market cap is 8.21B USD.

What Is Hess Midstream Partners's Earnings Per Share (TTM)?

The Hess Midstream Partners EPS (TTM) is 2.88.

When Is the Next Hess Midstream Partners Earnings Date?

Hess Midstream Partners will release its next earnings report on Aug 03, 2026.

From a Technical Analysis Perspective, Is HESM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Buy.

How Many Times Has Hess Midstream Partners Stock Split?

Hess Midstream Partners has split 0 times.

What is the current trading status of Hess Midstream Partners (HESM)?

As of Jul 28, 2026, Hess Midstream Partners (HESM) is trading at a price of 39.81 USD, with a previous close of 40.64 USD. The stock has fluctuated within a day range of 39.67 USD to 40.36 USD, while its 52-week range spans from 31.63 USD to 44.14 USD.

What Is Hess Midstream Partners (HESM) Price Target According to Analysts?

The average 12-month price target for Hess Midstream Partners is 37.33 USD, with a high estimate of 40 USD and a low estimate of 32 USD. 0 analysts recommend buying the stock, while 2 suggest selling, leading to an overall rating of Sell. The stock has an -6.22% Downside potential.

What Is the HESM Premarket Price?

HESM's last pre-market stock price is 40.04 USD. The pre-market share volume is 1,640.00, and the stock has decreased by -0.60, or -1.48%.

What Is the HESM After Hours Price?

HESM's last after hours stock price is 40.29 USD, the stock has decreased by 0.48, or 1.21%.
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