HESM

Hess Midstream LP

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Advanced Chart

39.470

+0.51(1.309%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

39.480

Open

38.950

VWAP

39.22

Vol

2.08M

Mkt Cap

8.29B

Low

38.550

Amount

81.57M

EV/EBITDA(TTM)

10.24

Total Shares

91.42M

11.66B

EV/OCF(TTM)

12.18

P/S(TTM)

2.51

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

405.08M

+10.83%

0.779

+32.01%

428.40M

+13.18%

0.830

+31.74%

443.69M

+12.07%

0.900

+32.39%

Estimates Revision

The market is revising Upward the revenue expectations for Hess Midstream LP (HESM) for FY2025, with the revenue forecasts being adjusted by 0.22% over the past three months. During the same period, the stock price has changed by 1.78%.

Revenue Estimates for FY2025

Revise Upward

+0.22%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.44%

In Past 3 Month

Stock Price

Go Up

+1.78%

In Past 3 Month

1 Analyst Rating

3.88% Upside

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 41.00 USD with a low forecast of 41.00 USD and a high forecast of 41.00 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.

0 Buy

1 Hold

0 Sell

Hold

3.88% Upside

Current: 39.470

Low

41.00

Averages

41.00

High

41.00

3.88% Upside

Current: 39.470

Low

41.00

Averages

41.00

High

41.00

JP Morgan

Jeremy Tonet

Hold

Maintains

$39 → $44

2025-03-27

Reason

JP Morgan

Jeremy Tonet

Price Target

$39 → $44

2025-03-27

Maintains

Hold

Reason

Citigroup

Spiro Dounis

Strong Buy

Maintains

$41 → $44

2025-02-18

Reason

Citigroup

Spiro Dounis

Price Target

$41 → $44

2025-02-18

Maintains

Strong Buy

Reason

Wells Fargo

Praneeth Satish

Hold

Maintains

$40 → $42

2025-02-04

Reason

Wells Fargo

Praneeth Satish

Price Target

$40 → $42

2025-02-04

Maintains

Hold

Reason

Raymond James

JR Weston

Buy

Reiterates

$45 → $48

2025-01-30

Reason

Raymond James

JR Weston

Price Target

$45 → $48

2025-01-30

Reiterates

Buy

Reason

Raymond James analyst J.R. Weston raised the firm's price target on Hess Corp. (HESM) to $48 from $45 and keeps an Outperform rating on the shares. Hess Midstream's story is fairly simple, in that it is uniquely midstream-friendly and still possesses a differentiated combination of operating leverage, contractual support, valuation, and financial optionality, the analyst tells investors in a research note. While these characteristics haven't changed, the firm says Hess Midstream's fate remains unclear as Chevron (CVX) seeks to buy sponsor-partner Hess (HES).

Raymond James

JR Weston

Buy

Maintains

$42 → $45

2025-01-28

Reason

Raymond James

JR Weston

Price Target

$42 → $45

2025-01-28

Maintains

Buy

Reason

JP Morgan

Jeremy Tonet

Hold

Maintains

$38 → $39

2024-08-21

Reason

JP Morgan

Jeremy Tonet

Price Target

$38 → $39

2024-08-21

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Hess Midstream LP (HESM.N) is 11.86, compared to its 5-year average forward P/E of 12.07. 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.

Fair

5Y Average PE

12.07

Current PE

11.86

Overvalued PE

14.16

Undervalued PE

9.97

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.

Strongly Overvalued

5Y Average EV/EBITDA

4.72

Current EV/EBITDA

6.61

Overvalued EV/EBITDA

5.43

Undervalued EV/EBITDA

4.01

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.

Strongly Overvalued

5Y Average PS

1.23

Current PS

2.97

Overvalued PS

2.00

Undervalued PS

0.47

Financials

Annual

Quarterly

FY2025Q1

YoY :

+7.42%

382.00M

Total Revenue

FY2025Q1

YoY :

+6.94%

237.40M

Operating Profit

FY2025Q1

YoY :

-0.31%

161.40M

Net Income after Tax

FY2025Q1

YoY :

+10.17%

0.65

EPS - Diluted

FY2025Q1

YoY :

+20.23%

156.90M

Free Cash Flow

FY2025Q1

YoY :

0.00%

100.00

Gross Profit Margin - %

FY2025Q1

YoY :

-4.95%

43.41

FCF Margin - %

FY2025Q1

YoY :

-7.20%

42.25

Net Margin - %

FY2025Q1

YoY :

+26.78%

11.22

ROIC

Trading Trends

Insider

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

Sold

0-3

Months

553.9M

USD

3-6

Months

430.3M

USD

6-9

Months

279.8K

USD

0-12

Months

444.3M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

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

Sold

0-3

Months

0.0

Volume

3-6

Months

299.2K

Volume

6-9

Months

2.4M

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

5.2M

Volume

Months

6-9

273.0K

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

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

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

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

Sold

0-3

Months

553.9M

USD

3-6

Months

430.3M

USD

6-9

Months

279.8K

USD

0-12

Months

444.3M

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

HESM News & Events

Events Timeline

2025-07-18 (ET)

2025-07-18

09:05:42

Hess Midstream appoints Jonathan Stein CEO, Michael Chadwick CFO

2025-06-02 (ET)

2025-06-02

08:08:46

Hes Midstream announces updated governance

2025-05-29 (ET)

2025-05-29

06:17:51

Hess Midstream LP 15M share Spot Secondary priced at $37.25

News

8.0

07-21CNBC

Trading this fintech giant using options ahead of earnings

8.0

07-20Yahoo Finance

How VICI Properties, Open Text, And Hess Midstream Can Put Cash In Your Pocket

5.0

07-18Newsfilter

Hess Midstream LP Announces Changes to the Board of Directors and Leadership Transition

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FAQ

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

The current price of HESM is 39.47 USD — it has increased 1.31 % in the last trading day.

HESM

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

HESM News & Events

Events Timeline

News

People Also Watch

FAQ

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

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

What is the price predicton of HESM Stock?

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

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

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?

What is Hess Midstream LP (HESM) market cap?