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HESM

HESM - Hess Midstream Partners LP Stock Price, Fair Value and News

36.71USD+0.71 (+1.97%)Market Closed

Market Summary

HESM
USD36.71+0.71
Market Closed
1.97%

HESM Alerts

  • 1 major insider sales recently.
  • Big jump in Earnings (Y/Y)

HESM Stock Price

View Fullscreen

HESM RSI Chart

HESM Valuation

Market Cap

2.9B

Price/Earnings (Trailing)

14.39

Price/Sales (Trailing)

2.1

EV/EBITDA

7.19

Price/Free Cashflow

4.59

HESM Price/Sales (Trailing)

HESM Profitability

EBT Margin

48.11%

Return on Assets

5.28%

Free Cashflow Yield

21.78%

HESM Fundamentals

HESM Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

16.59%

Rev. Growth (Qtr)

-0.25%

HESM Earnings

Earnings (TTM)

203.9M

Earnings Growth (Yr)

115.46%

Earnings Growth (Qtr)

286.61%

Breaking Down HESM Revenue

Last 7 days

4.0%

Last 30 days

3.5%

Last 90 days

3.5%

Trailing 12 Months

25.3%

How does HESM drawdown profile look like?

HESM Financial Health

Current Ratio

0.89

Debt/Cashflow

0.26

HESM Investor Care

Shares Dilution (1Y)

81.25%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.4B000
20231.3B1.3B1.3B1.3B
20221.2B1.2B1.3B1.3B
20211.1B1.1B1.2B1.2B
2020949.5M1.0B1.1B1.1B
2019735.8M749.6M780.7M848.3M
2018612.8M646.1M679.4M712.7M
2017000579.5M
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Tracking the Latest Insider Buys and Sells of Hess Midstream Partners LP

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 03, 2024
hess infrastructure partners gp llc
sold
-
-
-3,000,000
-
Jun 03, 2024
global infrastructure investors ii, llc
acquired
-
-
1,500,000
-
Jun 03, 2024
global infrastructure investors ii, llc
sold
-51,037,500
34.025
-1,500,000
-
Jun 03, 2024
global infrastructure investors ii, llc
sold
-
-
-1,500,000
-
May 31, 2024
hess infrastructure partners gp llc
sold
-
-
-20,000,000
-
May 31, 2024
global infrastructure investors ii, llc
acquired
-
-
10,000,000
-
May 31, 2024
global infrastructure investors ii, llc
sold
-340,250,000
34.025
-10,000,000
-
May 31, 2024
global infrastructure investors ii, llc
sold
-
-
-10,000,000
-
Mar 14, 2024
hess infrastructure partners gp llc
sold
-
-
-3,515,020
-
Mar 14, 2024
global infrastructure investors ii, llc
sold
-
-
-3,515,020
-

1–10 of 50

Which funds bought or sold HESM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 13, 2024
NBW CAPITAL LLC
reduced
-3.93
313,139
3,529,470
0.72%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
25.99
9,413,000
30,844,000
0.24%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
606
312,000
356,000
-%
May 31, 2024
Granite Group Advisors, LLC
added
5.57
17,789
256,740
0.17%
May 24, 2024
Cetera Investment Advisers
new
-
696,126
696,126
-%
May 20, 2024
Virtu Financial LLC
new
-
442,000
442,000
0.03%
May 17, 2024
Plato Investment Management Ltd
reduced
-50.84
-120,788
154,709
0.02%
May 16, 2024
COMERICA BANK
added
7.45
37,170
200,648
-%
May 16, 2024
CASTLEARK MANAGEMENT LLC
unchanged
-
145,553
1,168,620
0.05%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
15.72
620,085
2,546,480
-%

1–10 of 46

Are Funds Buying or Selling HESM?

Are funds buying HESM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HESM
No. of Funds

Unveiling Hess Midstream Partners LP's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 03, 2024
gip ii blue holding, l.p.
35.1%
48,950,600
SC 13D/A
May 31, 2024
gip ii blue holding, l.p.
36.2%
50,450,600
SC 13D/A
May 31, 2024
hess investments north dakota llc
-
0
SC 13D/A
Mar 15, 2024
gip ii blue holding, l.p.
43.3%
60,450,600
SC 13D/A
Mar 15, 2024
hess investments north dakota llc
1.1%
898,000
SC 13D/A
Mar 13, 2024
gip ii blue holding, l.p.
-
0
SC 13D/A
Mar 13, 2024
hess investments north dakota llc
-
0
SC 13D/A
Feb 14, 2024
energy income partners, llc
3.1%
2,145,054
SC 13G/A
Feb 14, 2024
ci investments inc.
2.87%
1,961,745
SC 13G/A
Feb 09, 2024
invesco ltd.
5.7%
3,927,068
SC 13G/A

Recent SEC filings of Hess Midstream Partners LP

View All Filings
Date Filed Form Type Document
Jun 03, 2024
SC 13D/A
13D - Major Acquisition
Jun 03, 2024
4
Insider Trading
Jun 03, 2024
4
Insider Trading
May 31, 2024
SC 13D/A
13D - Major Acquisition
May 31, 2024
SC 13D/A
13D - Major Acquisition
May 31, 2024
8-K
Current Report
May 30, 2024
424B7
Prospectus Filed
May 29, 2024
424B7
Prospectus Filed
May 16, 2024
8-K
Current Report
May 16, 2024
8-K
Current Report

Peers (Alternatives to Hess Midstream Partners LP)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
74.6B
42.6B
-3.15% -3.01%
12.68
1.75
-15.26% 110.89%
62.9B
52.0B
2.73% 12.41%
11.25
1.21
-9.70% 0.25%
53.6B
81.2B
3.04% 27.28%
13.2
0.66
-8.10% -11.70%
44.6B
15.3B
5.40% 23.16%
18.15
2.92
-18.66% -3.98%
38.0B
17.3B
5.72% 11.71%
7.68
2.19
-47.73% -35.95%
12.3B
48.4B
2.99% 32.03%
11.46
0.25
-13.61% -15.57%
MID-CAP
7.1B
1.1B
1.66% 36.50%
18.13
6.65
10.45% 16.98%
6.1B
6.8B
3.95% 37.64%
37.27
0.89
-25.02% -57.72%
5.8B
1.4B
-3.58% 48.89%
12.9
4.22
-0.72% 272.22%
3.0B
1.1B
-7.52% 60.78%
5.63
2.81
0.83% -7.88%
2.9B
1.4B
3.47% 25.25%
14.39
2.1
10.36% 150.95%
SMALL-CAP
1.7B
3.2B
7.17% 48.26%
12.75
0.53
7.09% 65.33%
1.6B
16.6B
3.54% 53.12%
13.17
0.09
-9.78% -67.33%
286.4M
82.4M
-4.55% -4.48%
7.48
3.48
5.74% -6.51%
129.5M
734.3M
6.75% 61.95%
33.99
0.18
-25.40% 114.16%

Hess Midstream Partners LP News

Latest updates
Yahoo Finance Australia21 Jun 202405:38 pm
Yahoo Lifestyle Singapore18 Jun 202410:12 am
Yahoo Finance UK17 Jun 202412:11 pm
Income Investors03 May 202407:00 am
StockNews.com5 months ago

Hess Midstream Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.3%356357363324305315335313312316304295289267265270291254215190190
Costs and Expenses-8.7%13414614312611611813111811711614510910611212813813816311699.0094.00
Operating Expenses-11.2%78.0088.0089.0073.0063.0066.0080.0068.0067.0067.0098.0064.0060.0067.0084.0095.0092.0093.0072.0058.0054.00
  S&GA Expenses-28.7%6.008.006.006.006.006.006.005.006.006.005.005.006.005.004.004.008.0033.008.006.006.00
EBITDA Margin-0.2%0.62*0.62*0.63*0.64*0.64*0.65*0.66*0.64*0.66*0.66*0.66*0.66*---------
Income Taxes20.2%14.0012.0011.008.007.007.008.007.005.005.003.004.003.002.002.002.002.00----
Earnings Before Taxes7.0%17616517615614915716715916517113416616213411811013175.0087.0074.0081.00
EBT Margin0.5%0.48*0.48*0.49*0.49*0.50*0.51*0.52*0.50*0.52*0.53*0.52*0.52*---------
Net Income286.6%45.00-23.9035.0014821.00-11423.00152160-13410.00162160-1056.0010812916.0019.0074.0081.00
Net Income Margin9.2%0.15*0.13*0.16*0.16*0.16*0.17*0.16*0.15*0.16*0.16*0.20*0.20*---------
Free Cashflow-29.1%131184163162134161169157136180115199---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42018Q4
Assets1.9%3,8633,7903,7763,6603,5793,5883,6023,5993,4833,4863,4563,3863,3893,3753,3723,3243,3153,2782,991
  Current Assets1.8%13913713811411713214715814713315211011410110488.0011396.00180
    Cash Equivalents-22.2%4.005.003.003.004.003.003.002.003.002.003.004.002.003.003.003.003.003.00109
  Net PPE-0.4%3,2153,2293,2083,1883,1833,1733,1603,1453,1183,1253,1183,1013,0953,1113,1033,0693,0293,0102,735
Liabilities1.6%3,4813,4263,3303,2253,1403,0593,0883,1112,7012,7332,7871,9682,0042,0492,0531,9961,9741,9461,115
  Current Liabilities-25.2%15721017414913916015815314417116912794.00125132158146176138
  Long Term Debt3.5%3,3103,1993,1383,0612,9852,8832,9092,9372,5382,5442,5951,8171,8861,9001,8961,8231,8121,754970
    LT Debt, Current20.0%15.0013.0010.008.005.003.00--23.0020.0018.0015.0013.0010.008.005.003.00-11.00
    LT Debt, Non Current3.5%3,3103,1993,1383,0612,9852,8832,9092,9372,5382,5442,5951,8171,8861,9001,8961,8231,8121,754970
Float----1,700---1,200---591---303---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-25.2%185,300247,600215,500204,600198,700222,600234,700213,200190,600223,500182,000224,600165,400174,500149,600177,400140,200136,30083,400149,200101,800
  Share Based Compensation25.0%500400300400600300400400500300400300400300400300500400500300300
Cashflow From Investing13.7%-54,800-63,500-52,700-43,000-64,300-61,600-65,900-55,900-54,800-43,200-67,300-26,000-26,700-55,100-98,900-68,900-78,100-111,500-84,700-75,900-225,400
Cashflow From Financing27.6%-131,700-182,000-162,500-162,200-133,900-160,500-168,600-157,900-135,000-180,700-115,900-196,300-139,800-119,800-50,200-109,100-62,300-28,600-8,300-62,50020,200
  Buy Backs0%100,000100,000100,000100,000100,000-----750,000----------
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HESM Income Statement

2024-03-31
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Revenues$ 354.7$ 304.3
Type of Revenue [Extensible List]us-gaap:ServiceMemberus-gaap:ServiceMember
Other income$ 0.9$ 0.7
Total revenues355.6305.0
Costs and expenses  
Operating and maintenance expenses (exclusive of depreciation shown separately below)78.162.5
Depreciation expense49.847.4
General and administrative expenses5.76.4
Total operating costs and expenses133.6116.3
Income from operations222.0188.7
Income from equity investments2.71.6
Interest expense, net48.541.6
Income before income tax expense176.2148.7
Income tax expense14.36.5
Net income161.9142.2
Less: Net income attributable to noncontrolling interest117.3121.5
Net income attributable to Hess Midstream LP44.620.7
Affiliate services  
Revenues  
Revenues349.4303.4
Third-party services  
Revenues  
Revenues$ 5.3$ 0.9
Class A Shares  
Net income attributable to Hess Midstream LP per Class A share:  
Net income attributable to Hess Midstream LP per Class A share, Basic$ 0.60$ 0.47
Net income attributable to Hess Midstream LP per Class A share, Diluted$ 0.59$ 0.47
Weighted average Class A shares outstanding  
Weighted average Class A shares outstanding, Basic75.144.0
Weighted average Class A shares outstanding, Diluted75.244.1

HESM Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 4.2$ 5.4
Accounts receivable from contracts with customers:  
Accounts receivable-trade2.81.9
Accounts receivable-affiliate$ 127.8$ 122.5
Accounts Receivable, after Allowance for Credit Loss, Current, Related Party, Name [Extensible Enumeration]us-gaap:RelatedPartyMemberus-gaap:RelatedPartyMember
Other current assets$ 4.5$ 7.0
Total current assets139.3136.8
Equity investments89.490.2
Property, plant and equipment, net3,215.03,229.2
Long-term receivable—affiliate0.20.3
Deferred tax asset410.5324.4
Other noncurrent assets8.48.6
Total assets3,862.83,789.5
Liabilities  
Accounts payable—trade31.238.5
Accounts payable-affiliate$ 21.2$ 41.2
Accounts Payable, Current, Related Party, Name [Extensible Enumeration]us-gaap:RelatedPartyMemberus-gaap:RelatedPartyMember
Accrued liabilities$ 86.1$ 105.9
Current maturities of long-term debt15.012.5
Other current liabilities3.712.1
Total current liabilities157.2210.2
Long-term debt3,310.43,198.9
Deferred tax liability0.40.5
Other noncurrent liabilities13.116.7
Total liabilities3,481.13,426.3
Partners' capital  
Total Class A and Class B partners' capital404.3340.2
Noncontrolling interest(22.6)23.0
Total partners' capital381.7363.2
Total liabilities and partners' capital3,862.83,789.5
Class A Shares  
Partners' capital  
Common unitholders$ 404.3$ 340.2
HESM
Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,380 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 590 million cubic feet per day; crude oil gathering system comprises approximately 560 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 290 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.
0
 CEO
 WEBSITEhessmidstream.com
 INDUSTRYOil - Midstream

Hess Midstream Partners LP Frequently Asked Questions


What is the ticker symbol for Hess Midstream Partners LP? What does HESM stand for in stocks?

HESM is the stock ticker symbol of Hess Midstream Partners LP. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hess Midstream Partners LP (HESM)?

As of Mon Jun 24 2024, market cap of Hess Midstream Partners LP is 2.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HESM stock?

You can check HESM's fair value in chart for subscribers.

What is the fair value of HESM stock?

You can check HESM's fair value in chart for subscribers. The fair value of Hess Midstream Partners LP is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hess Midstream Partners LP is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HESM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hess Midstream Partners LP a good stock to buy?

The fair value guage provides a quick view whether HESM is over valued or under valued. Whether Hess Midstream Partners LP is cheap or expensive depends on the assumptions which impact Hess Midstream Partners LP's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HESM.

What is Hess Midstream Partners LP's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Jun 24 2024, HESM's PE ratio (Price to Earnings) is 14.39 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HESM PE ratio will change depending on the future growth rate expectations of investors.