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    Hess Midstream Partners LP (HESM)

    Official site

    ENERGY • OIL & GAS MIDSTREAM • NYSE

    $30.62
    -0.03 (-0.10%)

    Market Cap: $6.40B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    53%(20/38)
    Avg Surprise
    +9.05%
    Streak
    5 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.73
    Range$0.64 - $0.81
    4 analysts
    EPS Revisions
    1
    0
    7d
    3
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$0.68+6.6%
    60d ago$0.70+3.3%
    30d ago$0.72+0.8%
    7d ago$0.72+0.8%
    Current$0.73
    Revenue Consensus
    $411M
    Range$406M - $417M
    4 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.79
    Range$0.36 - $1.07
    4 analysts
    Revenue Consensus
    $414M
    Range$393M - $430M
    6 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.79---
    Sep 26EST
    		-$0.73---
    Jun 26
    Reported Aug 3
    		$0.75$0.69+8.70%Beat+1.4%
    Mar 26
    Reported May 4
    		$0.68$0.67+1.49%Beat+4.6%
    Dec 25
    Reported Feb 2
    		$0.72$0.72+0.00%Beat+5.9%
    Sep 25
    Reported Nov 3
    		$0.75$0.73+2.74%Beat+19.0%
    Jun 25
    Reported Jul 30
    		$0.74$0.72+2.78%Beat+25.4%
    Mar 25
    Reported Apr 30
    		$0.65$0.69-5.80%Miss+10.2%
    Dec 24
    Reported Jan 29
    		$0.68$0.68+0.00%Beat+23.6%
    Sep 24
    Reported Oct 30
    		$0.63$0.66-4.55%Miss+10.5%
    Jun 24
    Reported Jul 31
    		$0.59$0.56+5.36%Beat+18.0%
    Mar 24
    Reported Apr 25
    		$0.59$0.63-6.35%Miss+25.5%
    Dec 23
    Reported Jan 31
    		$0.55$0.61-9.84%Miss+12.2%
    Sep 23
    Reported Oct 25
    		$0.57$0.52+9.62%Beat+7.5%
    Jun 23
    Reported Jul 26
    		$0.50$0.49+2.04%Beat+0.0%
    Mar 23
    Reported Apr 26
    		$0.47$0.52-9.62%Miss-4.1%
    Dec 22
    Reported Jan 25
    		$0.49$0.54-9.26%Miss-3.9%
    Sep 22
    Reported Oct 26
    		$0.53$0.52+1.92%Beat+39.5%
    Jun 22
    Reported Jul 27
    		$0.50$0.50+0.00%Beat+13.6%
    Mar 22
    Reported Apr 27
    		$0.49$0.52-5.77%Miss+14.0%
    Dec 21
    Reported Jan 26
    		$0.51$0.54-5.56%Miss+41.7%
    Sep 21
    Reported Oct 27
    		$0.38N/A-50.65%Miss+22.6%
    Jun 21
    Reported Jul 28
    		$0.44$0.41+7.32%Beat+51.7%
    Mar 21
    Reported Apr 28
    		$0.43$0.40+7.50%Beat+22.9%
    Dec 20
    Reported Jan 27
    		$0.36$0.36+0.00%Beat-59.1%
    Sep 20
    Reported Oct 28
    		$0.31$0.35-11.43%Miss-6.1%
    Jun 20
    Reported Jul 29
    		$0.29$0.37-21.62%Miss+0.0%
    Mar 20
    Reported May 7
    		$0.35$0.42-16.67%Miss+9.4%
    Dec 19
    Reported Jan 29
    		$0.88$0.16+450.00%Beat+183.9%
    Sep 19
    Reported Oct 30
    		$0.33$0.34-2.94%Miss-2.9%
    Jun 19
    Reported Jul 31
    		$0.29$0.32-9.38%Miss-9.4%
    Mar 19
    Reported Apr 25
    		$0.32$0.33-3.03%Miss+6.7%
    Dec 18
    Reported Jan 30
    		$0.31$0.32-3.13%Miss+19.2%
    Sep 18
    Reported Oct 31
    		$0.34$0.31+9.68%Beat+25.9%
    Jun 18
    Reported Jul 25
    		$0.32$0.30+6.67%Beat+52.4%
    Mar 18
    Reported Apr 25
    		$0.30$0.29+3.45%Beat+30.3%
    Dec 17
    Reported Feb 5
    		$0.26$0.27-3.70%Miss-
    Sep 17
    Reported Oct 26
    		$0.27$0.24+12.50%Beat-
    Jun 17
    Reported Jul 27
    		$0.21$0.23-8.70%Miss-
    Mar 17
    Reported Apr 6
    		$0.23$0.23+0.13%Beat-

    Dividends

    Dividend Metrics

    Forward Yield10.30%
    Forward Annual Dividend$3.16
    Payout Ratio38.24%
    FrequencyQuarterly
    Pay MonthsFeb, May, Aug, Nov

    Growth

    3Y CAGR+9.94%
    5Y CAGR+10.84%
    HESM dividend history and ex-dividend datesRun HESM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio10.56EV/EBITDA6.15x
    Price/FCF4.69xFCF Yield21.31%
    Profitability
    Profit Margin23.20%Operating Margin63.50%
    ROE150.70%ROIC20.25%
    Financial Health
    Debt/Equity7.15xInterest CoverageN/A
    Current Ratio0.77xQuick Ratio0.77x
    Trading Statistics
    Beta0.56Avg Volume2.48M
    52-Week High$41.3252-Week Low$29.82

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$33.90
    SMA 20$36.25
    SMA 50$38.46
    SMA 200$37.36
    EMA 10$33.27
    EMA 20$35.27
    EMA 50$37.33
    EMA 200$37.28

    MACD

    Line: -2.20Signal: -1.47Hist: -0.73

    ADX

    ADX: 41.0+DI: 6.1-DI: 47.6

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down100.0
    PSAR$37.57

    Bollinger Bands

    Upper Band$42.89
    Lower Band$29.61
    %B Position3664%(Upper)
    Band Width0.08

    RSI (14-Day)

    Oversold
    21.9

    Momentum Oscillators

    Stoch %K4.6
    Stoch %D4.0
    Williams %R-91.4
    ROC (10d)-19.5%
    Momentum-7.43
    CCI (20d)-135.8
    MFI (14d)25.8

    Volatility Measures

    ATR (14d)$1.27(4.2%)
    StdDev (20d)3.32
    Hist Vol57.7%(High)

    Volume Flow

    VWAP$30.53
    OBV-3.8M
    AD Line-2.5B
    CMF (20d)-0.292

    Volume Metrics

    Avg Vol (20d)2.6M
    Vol Ratio1.3x
    VWMA (20d)$34.63

    Pivot Points

    R3$31.94
    R2$31.62
    R1$31.13
    Pivot Point$30.81
    S1$30.33
    S2$30.01
    S3$29.52

    Advanced Oscillators

    TSI-46.82
    Ultimate Osc28.4
    KST-132.37

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$399.00M$390.10M$404.20M$420.90M$414.20M$382.00M$395.90M$378.50M$365.50M$355.60M$356.50M$363.10M
    Cost of Revenue$0$0$147.00M$0$0$0$51.30M$0$0$0$50.40M$0
    Gross Profit$399.00M$390.10M$404.20M$420.90M$414.20M$382.00M$395.90M$378.50M$365.50M$355.60M$356.50M$363.10M
    Operating Expenses$145.80M$152.00M$152.60M$162.00M$154.00M$144.60M$152.90M$146.80M$143.20M$133.60M$146.40M$143.10M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$91.40M$93.50M$98.40M$105.40M$102.20M$93.10M$101.60M$95.30M$92.70M$83.80M$96.00M$95.40M
    Operating Income$253.20M$238.10M$251.60M$258.90M$260.20M$237.40M$243.00M$231.70M$222.30M$222.00M$210.10M$220.00M
    Interest Income$-48,400,000$-52,200,000$-53,400,000$-51,900,000$-51,400,000$-53,000,000$-48,300,000$-48,100,000$-46,000,000$-45,800,000$-45,400,000$-43,800,000
    Interest Expense$48.40M$52.20M$53.40M$51.90M$51.40M$53.00M$48.30M$48.10M$46.00M$45.80M$45.40M$43.80M
    Income Before Tax$204.80M$185.90M$198.20M$207.00M$208.80M$184.40M$194.70M$183.60M$176.30M$176.20M$164.70M$176.20M
    Income Tax Expense$31.10M$28.20M$30.20M$31.50M$29.10M$23.00M$22.60M$18.90M$16.00M$14.30M$11.90M$11.40M
    Net Income$173.70M$157.70M$168.00M$175.50M$179.70M$161.40M$172.10M$164.70M$160.30M$161.90M$152.80M$164.80M
    EBITDA$310.60M$299.60M$308.80M$318.50M$315.20M$293.80M$296.90M$285.80M$275.10M$273.90M$262.60M$269.80M
    EBIT$253.20M$238.10M$251.60M$258.90M$260.20M$237.40M$243.00M$231.70M$222.30M$222.00M$210.10M$220.00M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Hess Midstream Partners LP (HESM) stock price, news, quote and history

    This article provides detailed financial information for Hess Midstream Partners LP (HESM), including its stock price, trading data, and key financial metrics. It presents a snapshot of the company's performance...

    Yahoo Finance UK•10/10/26•Somewhat-Bearish

    Hess Midstream to Acquire Chevron's DJ Basin Midstream Assets in $200M Deal Closing by End of 2026

    Hess Midstream LP announced it has entered into a Purchase and Sale Agreement with Chevron Corporation subsidiaries to acquire Chevron's DJ Basin midstream assets for $200 million. The deal...

    Kalkine Media•10/8/26•Somewhat-Bullish

    Chevron subsidiaries to sell basin assets in a deal expected to cut Hess Midstream (HESM)'s share count.

    Hess Midstream LP and Hess Midstream Operations LP are set to acquire interests from Chevron subsidiaries, a transaction expected to close by year-end 2026. This deal will lead to a nearly 40% decrease in HESM's...

    Stock Titan•10/8/26•Neutral

    Hess Midstream to cut share count nearly 40% in Chevron deal

    Hess Midstream LP (HESM) plans to reduce its outstanding share count by nearly 40% by year-end 2026 through an agreement with Chevron Corporation (CVX). This deal involves Hess Midstream acquiring Chevron's DJ Basin...

    Mugglehead Investment Magazine•10/7/26•Neutral

    Hess Midstream stock trades above intrinsic value as dividend growth continues

    Hess Midstream stock is trading above its estimated intrinsic value despite consistent dividend growth. The company has increased its quarterly distribution for seven consecutive quarters...

    AD HOC NEWS•9/19/26•Somewhat-Bearish

    HESM Valuation and Fair Value

    P/E
    10.6x
    Forward P/E
    9.9x
    EV/EBITDA
    6.1x
    P/FCF
    4.7x
    PEG
    1.6x
    P/B
    7.6x
    See GNG's fair value

    HESM Profitability: Margins, ROIC and FCF

    Gross margin
    100.0%
    Operating margin
    63.5%
    Net margin
    23.2%
    ROIC
    20.3%
    ROE
    150.7%
    FCF margin
    51.9%
    FCF yield
    21.3%

    HESM Competitors

    CompanyTicker
    NOV Inc.NOV
    CVR Energy IncCVI
    LandBridge Company LLCLB
    Plains GP Holdings LPPAGP
    Noble Corporation plcNE
    Transocean LtdRIG
    Matador Resources CompanyMTDR
    International Seaways IncINSW

    Sector: Energy

    HESM Analyst Ratings

    Consensus
    Hold
    Analysts
    7
    Strong Buy
    0
    Buy
    0
    Hold
    5
    Sell
    2
    Strong Sell
    0

    HESM Bull Case vs Bear Case

    Bull case

    • HESM earns a 20.3% return on invested capital.
    • HESM converts 51.9% of revenue into free cash flow.
    • HESM has a 23.2% net profit margin.

    Bear case

    • HESM's quarterly revenue changed -3.7% year over year.
    • HESM has a debt-to-equity ratio of 7.2x.

    HESM Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    0.7%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.73
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    3 up, 0 down

    HESM Dividend

    Forward yield
    10.3%
    Payout ratio
    38.2%
    3Y DPS growth
    9.9%
    5Y DPS growth
    10.8%
    Pay months
    Feb, May, Aug, Nov
    HESM dividend history

    Frequently Asked Questions About HESM

    What is HESM's current dividend yield?

    Hess Midstream Partners LP (HESM) has a forward dividend yield of 10.30%.

    Does HESM pay dividends?

    Yes, Hess Midstream Partners LP pays dividends with a forward dividend yield of 10.30%.

    What is HESM's P/E ratio?

    Hess Midstream Partners LP has a price-to-earnings (P/E) ratio of 10.56.

    What is HESM's market cap?

    Hess Midstream Partners LP (HESM) has a market capitalization of $6.40B with a current stock price of $30.62.

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