Hess Midstream Financials

HESM Stock  USD 42.98  0.23  0.54%   
Hess Midstream Partners may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Hess Midstream's Accumulated Other Comprehensive Income is very stable compared to the past year. As of the 24th of March 2025, Current Deferred Revenue is likely to grow to about 141.8 M, while Short and Long Term Debt Total is likely to drop about 2.1 B. Key indicators impacting Hess Midstream's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio7.097.4616
Notably Down
Very volatile
Current Ratio0.460.6813
Way Down
Slightly volatile
The financial analysis of Hess Midstream is a critical element in measuring its lifeblood. Investors should not minimize Hess Midstream's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

227.57 Million

  
Understanding current and past Hess Midstream Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hess Midstream's financial statements are interrelated, with each one affecting the others. For example, an increase in Hess Midstream's assets may result in an increase in income on the income statement.

Hess Midstream Stock Summary

Hess Midstream competes with MPLX LP, Western Midstream, Plains All, Antero Midstream, and Kinetik Holdings. Hess Midstream LP owns, develops, operates, and acquires midstream assets. Hess Midstream LP was founded in 2014 and is based in Houston, Texas. Hess Midstream is traded on New York Stock Exchange in the United States.
Specialization
Energy, Oil & Gas Midstream
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4281031058
CUSIP428103105 428104103
LocationTexas; U.S.A
Business Address1501 McKinney Street,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.hessmidstream.com
Phone713 496 4200
CurrencyUSD - US Dollar

Hess Midstream Key Financial Ratios

Hess Midstream Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets3.4B3.5B3.6B3.8B4.2B3.0B
Other Current Liab85M113.9M111.3M106.5M127.5M108.9M
Net Debt1.9B2.6B2.9B3.2B3.5B1.9B
Accounts Payable30M26.9M35M79.7M55.9M56.1M
Net Receivables93.2M120.3M123M124.4M3.6M3.4M
Total Liab2.0B2.7B3.1B3.4B3.7B3.9B
Total Current Assets101.4M133.1M132.3M136.8M149.4M100.8M
Other Liab16M22.5M18.1M16.6M19.1M11.8M
Net Tangible Assets131.5M125M135.7M245.1M220.6M209.6M
Other Assets63.9M162M125.9M189.2M217.6M228.5M
Other Current Assets5.6M10.6M6.2M7M141.5M148.6M
Short Term Debt10M20M2.5M12.5M22.5M21.4M
Common Stock125M204.1M245.1M340.2M306.2M533.2M
Cash2.6M2.2M3.1M5.4M4.3M4.1M
Long Term Debt1.9B2.5B2.9B3.2B3.4B2.3B
Net Invested Capital2.0B2.8B3.1B3.6B4.0B2.5B
Net Working Capital(23.6M)(37.8M)(27.2M)(73.4M)(69.9M)(66.4M)

Hess Midstream Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense94.7M105.4M149.3M179M202.2M212.3M
Total Revenue1.1B1.2B1.3B1.3B1.5B872.5M
Gross Profit935M1.0B1.1B1.0B1.3B708.6M
Operating Income429.9M727.2M615.2M816.9M919M965.0M
Ebit576.5M737.8M791.2M824.6M933M979.7M
Ebitda733.4M903.4M972.5M1.0B1.1B1.2B
Cost Of Revenue156.9M165.6M181.3M313M203.1M163.9M
Income Before Tax492.1M632.4M647.2M645.6M730.8M767.3M
Net Income484.8M617.8M620.6M118.6M223.1M227.6M
Income Tax Expense7.3M14.6M26.6M37.9M71.8M59.7M
Minority Interest1.2B(571.4M)(536.7M)(501.8M)(435.9M)(414.1M)
Net Interest Income(94.7M)(105.4M)(149.3M)(171.9M)(202.2M)(192.1M)
Tax Provision7.3M14.6M26.6M33M71.8M75.4M

Hess Midstream Key Cash Accounts

202020212022202320242025 (projected)
Free Cash Flow340.6M632.3M622.9M642.9M634.2M665.9M
Depreciation156.9M165.6M181.3M192.5M203.1M130.2M
Other Non Cash Items5.4M14.1M16.5M501.2M4.8M4.6M
Capital Expenditures301.1M163.2M238.2M223.5M306.1M218.5M
Net Income484.9M617.8M620.6M118.6M659M692.0M
Change In Cash(700K)(400K)900K2.3M(1.1M)(1.2M)
Net Borrowings784.5M152M660M324M372.6M272.6M
Dividends Paid31.6M49.4M91M127.5M235.3M157.6M
Change To Netincome244.1M468.6M594.2M572.6M658.5M368.6M
Investments(301M)(163.2M)(238.2M)(221.6M)(306.1M)(321.4M)
End Period Cash Flow2.6M2.2M3.1M5.4M4.3M4.1M

Hess Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Hess Midstream's current stock value. Our valuation model uses many indicators to compare Hess Midstream value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hess Midstream competition to find correlations between indicators driving Hess Midstream's intrinsic value. More Info.
Hess Midstream Partners is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about  0.09  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hess Midstream Partners is roughly  10.99 . At this time, Hess Midstream's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Hess Midstream by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Hess Midstream Partners Systematic Risk

Hess Midstream's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hess Midstream volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Hess Midstream Partners correlated with the market. If Beta is less than 0 Hess Midstream generally moves in the opposite direction as compared to the market. If Hess Midstream Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hess Midstream Partners is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hess Midstream is generally in the same direction as the market. If Beta > 1 Hess Midstream moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Hess Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hess Midstream's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Hess Midstream growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.82

At this time, Hess Midstream's Price Earnings To Growth Ratio is very stable compared to the past year.

Hess Midstream March 24, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Hess Midstream help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hess Midstream Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hess Midstream Partners based on widely used predictive technical indicators. In general, we focus on analyzing Hess Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hess Midstream's daily price indicators and compare them against related drivers.
When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.23
Dividend Share
2.705
Earnings Share
2.49
Revenue Per Share
16.803
Quarterly Revenue Growth
0.111
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.