HESM.N Hits 20-Day Low Amid Market Volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 24 Nov 25
Source: Coinmarketcap
Shares of HESM.N declined sharply today, reaching a 20-day low as investors reacted to ongoing market volatility. The stock's recent performance indicates a bearish trend, with the price breaking below critical support levels, signaling increased selling pressure. Analysts suggest that the decline may be attributed to broader economic concerns, including rising interest rates and inflationary pressures, which have led to a cautious sentiment among traders. As HESM navigates this challenging environment, market participants will be closely monitoring any potential catalysts that could influence a reversal in its price trajectory.
Analyst Views on HESM
Wall Street analysts forecast HESM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HESM is 36.50 USD with a low forecast of 34.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 36.040
Low
34.00
Averages
36.50
High
39.00
Current: 36.040
Low
34.00
Averages
36.50
High
39.00
About HESM
Hess Midstream LP is a midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to the Company and third-party customers. It owns oil, gas and produces water handling assets that are located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Its gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Its processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM4 Joint Venture, and mentor storage terminal. Its terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars, Johnson's Corner Header System, and other DAPL connections.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
