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

35.42+0.31 (+0.88%)Market Closed

Market Summary

35.42+0.31

Market Closed

0.88%

HESM Alerts

Big fall in earnings (Y/Y)

HESM Stock Price

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HESM RSI Chart

HESM Valuation

Market Cap

2.8B

Price/Earnings (Trailing)

19.78

Price/Sales (Trailing)

2.02

EV/EBITDA

7.09

Price/Free Cashflow

4.43

HESM Price/Sales (Trailing)

HESM Profitability

EBT Margin

48.11%

Return on Assets

3.71%

Free Cashflow Yield

22.57%

HESM Fundamentals

HESM Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

16.59%

Rev. Growth (Qtr)

-0.25%

HESM Earnings

Earnings (TTM)

143.2M

Earnings Growth (Yr)

-68.64%

Earnings Growth (Qtr)

152.69%

Breaking Down HESM Revenue

Last 7 days

0.9%

Last 30 days

2.0%

Last 90 days

6.5%

Trailing 12 Months

28.7%

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

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Net sales

Year	Q1	Q2	Q3	Q4
2024	1.4B	0	0	0
2023	1.3B	1.3B	1.3B	1.3B
2022	1.2B	1.2B	1.3B	1.3B
2021	1.1B	1.1B	1.2B	1.2B
2020	949.5M	1.0B	1.1B	1.1B
2019	735.8M	749.6M	780.7M	848.3M
2018	612.8M	646.1M	679.4M	712.7M
2017	0	0	0	579.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Hess Midstream Partners LP

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 14, 2024	hess infrastructure partners gp llc	sold	-	-	-3,515,020	-
Mar 14, 2024	global infrastructure investors ii, llc	sold	-	-	-3,515,020	-
Mar 14, 2024	hess corp	sold	-	-	-1,757,510	-
Mar 13, 2024	gatling john a.	sold	-79,825	35.78	-2,231	president and coo
Mar 08, 2024	gatling john a.	acquired	-	-	9,154	president and coo
Mar 08, 2024	letwin stephen j j	acquired	-	-	2,299	-
Mar 08, 2024	reddy j patrick	acquired	-	-	2,299	-
Mar 08, 2024	niemiec david w	acquired	-	-	2,299	-
Feb 08, 2024	global infrastructure investors ii, llc	sold	-	-	-11,500,000	-
Feb 08, 2024	global infrastructure investors ii, llc	sold	-377,545,000	32.83	-11,500,000	-

Which funds bought or sold HESM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 17, 2024	Plato Investment Management Ltd	reduced	-50.84	-120,788	154,709	0.02%
May 16, 2024	Tidal Investments LLC	reduced	-41.19	-123,835	253,416	-%
May 16, 2024	Clear Point Advisors Inc.	new	-	49,114	49,114	0.04%
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	-%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-58.65	-1,271,020	1,137,480	-%
May 15, 2024	Tudor Investment Corp Et Al	reduced	-23.17	-1,035,110	7,423,200	0.05%
May 15, 2024	MORGAN STANLEY	reduced	-7.52	2,444,000	45,779,000	-%
May 15, 2024	BARCLAYS PLC	added	68.86	9,099,000	18,893,000	0.01%

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

HESM Alerts

Big fall in earnings (Y/Y)

Unveiling Hess Midstream Partners LP's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
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
Feb 09, 2024	tortoise capital advisors, l.l.c.	6.4%	4,390,759	SC 13G
Feb 08, 2024	gip ii blue holding, l.p.	44.1%	62,208,111	SC 13D/A
Feb 07, 2024	gip ii blue holding, l.p.	-	0	SC 13D/A

Recent SEC filings of Hess Midstream Partners LP

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 16, 2024	8-K	Current Report
May 07, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 15, 2024	SC 13D/A	13D - Major Acquisition
Mar 15, 2024	SC 13D/A	13D - Major Acquisition
Mar 14, 2024	8-K	Current Report

Peers (Alternatives to Hess Midstream Partners LP)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ENB	78.1B	42.6B	10.26%	-0.81%	13.27	1.83	-15.26%	110.89%
EPD	62.0B	52.0B	0.60%	9.51%	11.08	1.19	-9.70%	0.25%
ET	53.8B	81.2B	4.79%	25.47%	13.24	0.66	-8.10%	-11.70%
KMI	43.7B	15.3B	10.92%	19.25%	17.79	2.86	-18.66%	-3.98%
LNG	36.7B	17.4B	2.16%	12.87%	7.41	2.1	-47.07%	-35.95%
PAA	12.2B	48.4B	0.06%	28.76%	11.34	0.25	-13.61%	-15.57%
MID-CAP
AM	7.2B	1.1B	9.30%	40.89%	18.45	6.77	10.45%	16.98%
ENLC	6.2B	6.8B	1.79%	38.22%	37.97	0.91	-24.85%	-57.72%
ETRN	6.0B	1.4B	13.37%	134.57%	13.33	4.37	-0.72%	272.22%
INSW	3.1B	1.1B	20.13%	66.90%	5.92	2.95	0.83%	-7.88%
HESM	2.8B	1.4B	1.99%	28.65%	19.78	2.02	10.36%	-29.40%
SMALL-CAP
GEL	1.6B	3.2B	11.30%	26.94%	12.27	0.51	7.09%	65.33%
GLP	1.5B	16.6B	-2.05%	39.57%	12.83	0.09	-9.78%	-67.33%
GPP	286.4M	82.4M	-4.55%	-4.48%	7.48	3.48	5.74%	-6.51%
MMLP	116.6M	734.3M	9.12%	26.69%	30.61	0.16	-25.40%	114.16%

Hess Midstream Partners LP News

Latest updates

Hess Midstream Partners LP Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.3%	356	357	363	324	305	315	335	313	312	316	304	295	289	267	265	270	291	254	215	190	190
Costs and Expenses	-8.7%	134	146	143	126	116	118	131	118	117	116	145	109	106	112	128	138	138	163	116	99.00	94.00
Operating Expenses	-11.2%	78.00	88.00	89.00	73.00	63.00	66.00	80.00	68.00	67.00	67.00	98.00	64.00	60.00	67.00	84.00	95.00	92.00	93.00	72.00	58.00	54.00
S&GA Expenses	-100.0%	-	8.00	6.00	6.00	6.00	6.00	6.00	5.00	6.00	6.00	5.00	5.00	6.00	5.00	4.00	4.00	8.00	33.00	8.00	6.00	6.00
EBITDA Margin	-0.5%	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 Taxes	20.2%	14.00	12.00	11.00	8.00	7.00	7.00	8.00	7.00	5.00	5.00	3.00	4.00	3.00	2.00	2.00	2.00	2.00	-	-	-	-
Earnings Before Taxes	7.0%	176	165	176	156	149	157	167	159	165	171	134	166	162	134	118	110	131	75.00	87.00	74.00	81.00
EBT Margin	0.5%	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 Income	152.7%	45.00	-84.65	35.00	148	142	-114	23.00	152	160	-134	10.00	162	160	-105	6.00	108	129	16.00	19.00	74.00	81.00
Net Income Margin	-42.7%	0.10*	0.18*	0.16*	0.16*	0.16*	0.17*	0.16*	0.15*	0.16*	0.16*	0.20*	0.20*	-	-	-	-	-	-	-	-	-
Free Cashflow	-29.1%	131	184	163	162	134	161	169	157	136	180	115	199	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																			(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Assets	1.9%	3,863	3,790	3,776	3,660	3,579	3,588	3,602	3,599	3,483	3,486	3,456	3,386	3,389	3,375	3,372	3,324	3,315	3,278	2,991
Current Assets	1.8%	139	137	138	114	117	132	147	158	147	133	152	110	114	101	104	88.00	113	96.00	180
Cash Equivalents	-22.2%	4.00	5.00	3.00	3.00	4.00	3.00	3.00	2.00	3.00	2.00	3.00	4.00	2.00	3.00	3.00	3.00	3.00	3.00	109
Net PPE	-0.4%	3,215	3,229	3,208	3,188	3,183	3,173	3,160	3,145	3,118	3,125	3,118	3,101	3,095	3,111	3,103	3,069	3,029	3,010	2,735
Liabilities	1.6%	3,481	3,426	3,330	3,225	3,140	3,059	3,088	3,111	2,701	2,733	2,787	1,968	2,004	2,049	2,053	1,996	1,974	1,946	1,115
Current Liabilities	-25.2%	157	210	174	149	139	160	158	153	144	171	169	127	94.00	125	132	158	146	176	138
Long Term Debt	3.5%	3,310	3,199	3,138	3,061	2,985	2,883	2,909	2,937	2,538	2,544	2,595	1,817	1,886	1,900	1,896	1,823	1,812	1,754	970
LT Debt, Current	20.0%	15.00	13.00	10.00	8.00	5.00	3.00	-	-	23.00	20.00	18.00	15.00	13.00	10.00	8.00	5.00	3.00	-	11.00
LT Debt, Non Current	-100.0%	-	3,199	3,138	3,061	2,985	2,883	2,909	2,937	2,538	2,544	2,595	1,817	1,886	1,900	1,896	1,823	1,812	1,754	970
Float	-	-	-	-	1,700	-	-	-	1,200	-	-	-	591	-	-	-	303	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-25.2%	185,300	247,600	215,500	204,600	198,700	222,600	234,700	213,200	190,600	223,500	182,000	224,600	165,400	174,500	149,600	177,400	140,200	136,300	83,400	149,200	101,800
Share Based Compensation	25.0%	500	400	300	400	600	300	400	400	500	300	400	300	400	300	400	300	500	400	500	300	300
Cashflow From Investing	13.7%	-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 Financing	27.6%	-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	-62,500	20,200
Buy Backs	0%	100,000	100,000	100,000	100,000	100,000	-	-	-	-	-	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:ServiceMember	us-gaap:ServiceMember
Other income	$ 0.9	$ 0.7
Total revenues	355.6	305.0
Costs and expenses
Operating and maintenance expenses (exclusive of depreciation shown separately below)	78.1	62.5
Depreciation expense	49.8	47.4
General and administrative expenses	5.7	6.4
Total operating costs and expenses	133.6	116.3
Income from operations	222.0	188.7
Income from equity investments	2.7	1.6
Interest expense, net	48.5	41.6
Income before income tax expense	176.2	148.7
Income tax expense	14.3	6.5
Net income	161.9	142.2
Less: Net income attributable to noncontrolling interest	117.3	121.5
Net income attributable to Hess Midstream LP	44.6	20.7
Affiliate services
Revenues
Revenues	349.4	303.4
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, Basic	75.1	44.0
Weighted average Class A shares outstanding, Diluted	75.2	44.1

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-trade	2.8	1.9
Accounts receivable-affiliate	$ 127.8	$ 122.5
Accounts Receivable, after Allowance for Credit Loss, Current, Related Party, Name [Extensible Enumeration]	us-gaap:RelatedPartyMember	us-gaap:RelatedPartyMember
Other current assets	$ 4.5	$ 7.0
Total current assets	139.3	136.8
Equity investments	89.4	90.2
Property, plant and equipment, net	3,215.0	3,229.2
Long-term receivable—affiliate	0.2	0.3
Deferred tax asset	410.5	324.4
Other noncurrent assets	8.4	8.6
Total assets	3,862.8	3,789.5
Liabilities
Accounts payable—trade	31.2	38.5
Accounts payable-affiliate	$ 21.2	$ 41.2
Accounts Payable, Current, Related Party, Name [Extensible Enumeration]	us-gaap:RelatedPartyMember	us-gaap:RelatedPartyMember
Accrued liabilities	$ 86.1	$ 105.9
Current maturities of long-term debt	15.0	12.5
Other current liabilities	3.7	12.1
Total current liabilities	157.2	210.2
Long-term debt	3,310.4	3,198.9
Deferred tax liability	0.4	0.5
Other noncurrent liabilities	13.1	16.7
Total liabilities	3,481.1	3,426.3
Partners' capital
Total Class A and Class B partners' capital	404.3	340.2
Noncontrolling interest	(22.6)	23.0
Total partners' capital	381.7	363.2
Total liabilities and partners' capital	3,862.8	3,789.5
Class A Shares
Partners' capital
Common unitholders	$ 404.3	$ 340.2

About Hess Midstream Partners LP

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.

CEO	Mr. John B. Hess
WEBSITE	hessmidstream.com
INDUSTRY	Oil - 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 Fri May 17 2024, market cap of Hess Midstream Partners LP is 2.83 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 Fri May 17 2024, HESM's PE ratio (Price to Earnings) is 19.78 and Price to Sales (PS) ratio is 2.02. 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.