HESM Stock: Price, Forecast, Financials & AI Analysis

High

Open

VWAP

Vol

Mkt Cap

Low

Amount

EV/EBITDA(TTM)

Total Shares

EV/OCF(TTM)

P/S(TTM)

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

420.07M

+6.1%

0.724

+6.46%

405.57M

+6.17%

0.668

+2.8%

409.92M

-1.03%

0.713

-3.66%

Estimates Revision

The market is revising Downward the revenue expectations for Hess Midstream LP (HESM) for FY2025, with the revenue forecasts being adjusted by -0.92% over the past three months. During the same period, the stock price has changed by 6.99%.

Revenue Estimates for FY2025

Revise Downward

-0.92%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+2.25%

In Past 3 Month

Stock Price

Go Up

+6.99%

In Past 3 Month

7 Analyst Rating

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 37.43 USD with a low forecast of 34.00 USD and a high forecast of 43.00 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.

1 Buy

6 Hold

0 Sell

Hold

Current: 0.000

Low

34.00

Averages

37.43

High

43.00

Current: 0.000

Low

34.00

Averages

37.43

High

43.00

Raymond James

J.R. Weston

Outperform

downgrade

$48 -> $35

2025-10-24

Reason

Raymond James

J.R. Weston

Price Target

$48 -> $35

2025-10-24

downgrade

Outperform

Reason

Raymond James analyst J.R. Weston lowered the firm's price target on Hess Midstream LP to $35 from $48 and keeps an Outperform rating on the shares. The firm adjusted targets in the midstream suppliers group ahead of the Q3 reports. Midstream is showing "stability" for investors as strong diesel margins and a consensus view that oil markets are oversupplied have pushed refiners to the center of generalist attention in the energy sector, the analyst tells investors in a research note. Raymond James does not major changes to the group's 2025 outlooks.

Goldman Sachs

Neutral

maintain

$36

2025-09-29

Reason

Goldman Sachs

Price Target

$36

2025-09-29

maintain

Neutral

Reason

Goldman Sachs reinstated coverage of Hess Midstream LP with a Neutral rating and $36 price target. The firm sees the stock as fully valued, noting that growth expectations for the company have been reset to reflect the softer oil outlook and strong contracts limit near-term downside, but it still believes that consensus is \"too high\". Goldman adds that while Hess Midstream's capital return potential is compelling given low capex needs, the range of outcomes for the CVX Bakken review \"offers both upside and downside risks\".

Wells Fargo

Praneeth Satish

Overweight -> Equal Weight

downgrade

$48 -> $39

2025-09-19

Reason

Wells Fargo

Praneeth Satish

Price Target

$48 -> $39

2025-09-19

downgrade

Overweight -> Equal Weight

Reason

Wells Fargo analyst Praneeth Satish downgraded Hess Midstream LP to Equal Weight from Overweight with a price target of $39, down from $48.

Wells Fargo

Overweight -> Equal Weight

downgrade

$48 -> $39

2025-09-19

Reason

Wells Fargo

Price Target

$48 -> $39

2025-09-19

downgrade

Overweight -> Equal Weight

Reason

Wells Fargo downgraded Hess Midstream LP (HESM) to Equal Weight from Overweight with a price target of $39, down from $48. Chevron's (CVX) decision to move to three rigs in the Bakken from group significantly reduces Hess Midstream's EBITDA growth and capital return, the analyst tells investors in a research note. Wells believes a buyout of the company remains possible, but says the standalone Hess Midstream \"now looks less compelling.\"

UBS

Buy -> Neutral

downgrade

$45 -> $43

2025-09-10

Reason

UBS

Price Target

$45 -> $43

2025-09-10

downgrade

Buy -> Neutral

Reason

UBS downgraded Hess Midstream LP to Neutral from Buy with a price target of $43, down from $45. While the company's direct commodity exposure is limited due to minimum volume commitments, there could be a pull back in activity in the Bakken if prices remain low, the analyst tells investors in a research note. UBS believes a pullback in rigs would create downside risk to Hess Midstream's estimates for the outer years and drive a de-rating of the shares.

JPMorgan

Jeremy Tonet

Neutral

maintain

$44 -> $46

2025-08-22

Reason

JPMorgan

Jeremy Tonet

Price Target

$44 -> $46

2025-08-22

maintain

Neutral

Reason

JPMorgan analyst Jeremy Tonet raised the firm's price target on Hess Midstream LP to $46 from $44 and keeps a Neutral rating on the shares. The firm updated the company's model post the Q2 report.

Valuation Metrics

The current forward P/E ratio for Hess Midstream LP (HESM.N) is 12.26, compared to its 5-year average forward P/E of 12.43. For a more detailed relative valuation and DCF analysis to assess Hess Midstream LP 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

5Y Average PE

12.43

Current PE

12.26

Overvalued PE

13.98

Undervalued PE

10.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

5Y Average EV/EBITDA

4.93

Current EV/EBITDA

6.47

Overvalued EV/EBITDA

5.78

Undervalued EV/EBITDA

4.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

5Y Average PS

1.46

Current PS

2.72

Overvalued PS

2.28

Undervalued PS

0.65

Financials

Annual

Quarterly

N/A

Total Revenue

N/A

Operating Profit

N/A

Net Income after Tax

N/A

EPS - Diluted

N/A

Free Cash Flow

N/A

Gross Profit Margin - %

N/A

FCF Margin - %

N/A

Net Margin - %

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 1944.46% over the last month.

Sold

Bought

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 1799.42% over the last quarter.

Sold

Bought

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

Bought

Insider

Insiders areSelling! The selling amount has increased 1944.46% over the last month.

Sold

Bought

HESM News & Events

Events Timeline

No data

News

8.0

2025-11-04NASDAQ.COM

Upcoming Ex-Dividend Dates for Armstrong World Industries, Crown Holdings, and Hess Midstream

7.0

2025-11-03SeekingAlpha

Hess Midstream aims for 5% yearly distribution increase by 2027 while adjusting capital plan to reduce expenditures.

3.0

2025-10-31SeekingAlpha

Hess Midstream Partners Set to Report Q3 2025 Earnings

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Frequently Asked Questions

What is Hess Midstream LP (HESM) stock price today?

The current price of HESM is 33.96 USD — it has increased 1.1 % in the last trading day.

What is Hess Midstream LP (HESM)'s business?

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.

What is the price predicton of HESM Stock?

What is Hess Midstream LP (HESM)'s revenue for the last quarter?

Hess Midstream LP revenue for the last quarter amounts to 420.90M USD, increased 11.20 % YoY.

What is Hess Midstream LP (HESM)'s earnings per share (EPS) for the last quarter?

Hess Midstream LP. EPS for the last quarter amounts to 0.75 USD, increased 19.05 % YoY.

What changes have occurred in the market's expectations for Hess Midstream LP (HESM)'s fundamentals?

How many employees does Hess Midstream LP (HESM). have?

Hess Midstream LP (HESM) has 220 emplpoyees as of January 10 2026.

What is Hess Midstream LP (HESM) market cap?

Today HESM has the market capitalization of 7.05B USD.