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HESM Stock Chart & Stats
$40.64
$0.16(0.40%)
At close: 4:00 PM EDT
$40.64
$0.16(0.40%)
Day’s Range― - ―
52-Week Range$31.63 - $42.22
Previous CloseN/A
Volume489.36K
Average Volume (3M)925.64K
Market Cap
$8.42B
Enterprise Value$8.38K
Total Cash (Recent Filing)$5.00M
Total Debt (Recent Filing)$3.68B
Price to Earnings (P/E)14.1
Beta0.29
Next Earnings
Oct 28, 2026EPS Estimate
0.73Next Dividend Ex-DateN/A
Dividend Yield7.43%
Share Statistics
EPS (TTM)2.90
Shares Outstanding128,350,880
10 Day Avg. Volume790,892
30 Day Avg. Volume925,644
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-9.57% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering4
EPS Forecast (FY)2.89
Revenue Forecast (FY)$1.61B
Bulls Say, Bears Say
Bulls Say
Fee‑based, Contract-driven Midstream ModelA predominately fee-based commercial model tied to gathering, processing, terminaling and water services creates durable, predictable cash flows less exposed to commodity price swings. Long-term contracts and minimum commitments support steady throughput fees and stable revenue over multi-year horizons.
High Margins And Strong Cash ConversionRobust operating cash flow that consistently outpaces net income and improving TTM free cash flow point to high-quality earnings and strong cash conversion. Combined with very high adjusted EBITDA margins noted by management, this underpins sustainable cash to fund distributions, capex and deleveraging.
Clear Cash-allocation Plan And Active Liquidity ManagementManagement has reiterated material adjusted FCF guidance and a framework prioritizing a 5% distribution increase plus ~$280M excess cash for shareholder returns and debt paydown. Active revolver drawdown and explicit allocation plans improve capital allocation visibility and support long-term leverage reduction goals.
Bears Say
Elevated Leverage And Refinancing ExposureHigh absolute debt and an elevated debt-to-equity ratio reduce financial flexibility and raise refinancing and interest‑rate risk if market conditions tighten. While cash flow is strong, elevated leverage limits capacity for growth investments and amplifies downside in periods of lower throughput or rising rates.
Customer And Regional Concentration RiskConcentration in the Bakken and a material commercial relationship with a single large upstream counterparty concentrate volume and counterparty credit risk. Sustained weakness or slower development in the region or by that customer would materially reduce contracted throughput and fee revenue over the medium term.
Flat Near-term EBITDA Guidance; Execution/weather SensitivityManagement's flat EBITDA guidance despite higher FCF highlights limited near-term growth in core earnings. Guidance sensitivity to weather, maintenance phasing and execution implies earnings volatility and constrained organic EBITDA expansion absent higher volumes or new fee contracts.
Hess Midstream Partners News
HESM FAQ
What was Hess Midstream Partners Lp’s price range in the past 12 months?
Hess Midstream Partners Lp lowest stock price was $31.63 and its highest was $42.22 in the past 12 months.
What is Hess Midstream Partners Lp’s market cap?
Hess Midstream Partners Lp’s market cap is $8.42B.
When is Hess Midstream Partners Lp’s upcoming earnings report date?
Hess Midstream Partners Lp’s upcoming earnings report date is Oct 28, 2026 which is in 80 days.
How were Hess Midstream Partners Lp’s earnings last quarter?
Hess Midstream Partners Lp 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 Lp overvalued?
According to Wall Street analysts Hess Midstream Partners Lp’s price is currently Overvalued.
Does Hess Midstream Partners Lp pay dividends?
Hess Midstream Partners Lp pays a Quarterly dividend of $0.789 which represents an annual dividend yield of 7.43%. See more information on Hess Midstream Partners Lp dividends here
What is Hess Midstream Partners Lp’s EPS estimate?
Hess Midstream Partners Lp’s EPS estimate is 0.73.
How many shares outstanding does Hess Midstream Partners Lp have?
Hess Midstream Partners Lp has 128,350,880 shares outstanding.
What happened to Hess Midstream Partners Lp’s price movement after its last earnings report?
Hess Midstream Partners Lp 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 Lp?
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
Outperform
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Analyst Consensus
Moderate Sell
Average Price Target:
$36.75 (-9.57% Downside)
$36.75 (-9.57% Downside)
Blogger Sentiment
Bullish
HESM Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 4.1M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.0%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
News Sentiment
Bullish
Bullish news 67%
Bearish news 33%
Bearish news 33%
Company Description
Hess Midstream Partners Lp
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
▼(-9.57% Downside)
Technical Analysis
Plains All American
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