Hess Midstream Partners Stock Analysis
HESM Stock | USD 37.31 0.18 0.48% |
Hess Midstream Partners is fairly valued with Real Value of 36.45 and Target Price of 34.29. The main objective of Hess Midstream stock analysis is to determine its intrinsic value, which is an estimate of what Hess Midstream Partners is worth, separate from its market price. There are two main types of Hess Midstream's stock analysis: fundamental analysis and technical analysis.
The Hess Midstream stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hess Midstream is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Hess Stock trading window is adjusted to America/New York timezone.
Hess |
Hess Stock Analysis Notes
About 93.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.57. Hess Midstream Partners last dividend was issued on the 7th of November 2024. The entity had 1:1 split on the 17th of December 2019. 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. To learn more about Hess Midstream Partners call John Hess at 713 496 4200 or check out https://www.hessmidstream.com.Hess Midstream Quarterly Total Revenue |
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Hess Midstream Partners Investment Alerts
Hess Midstream Partners currently holds 3.21 B in liabilities with Debt to Equity (D/E) ratio of 6.03, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hess Midstream Partners has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hess Midstream's use of debt, we should always consider it together with its cash and equity. | |
Over 93.0% of Hess Midstream shares are owned by institutional investors | |
On 14th of November 2024 Hess Midstream paid $ 0.6846 per share dividend to its current shareholders | |
Latest headline from kalkinemedia.com: Swiss National Bank Increases Stake in Hess Midstream |
Hess Midstream Partners Upcoming and Recent Events
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
31st of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Hess Largest EPS Surprises
Earnings surprises can significantly impact Hess Midstream's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2017-10-26 | 2017-09-30 | 0.24 | 0.27 | 0.03 | 12 | ||
2020-10-28 | 2020-09-30 | 0.35 | 0.31 | -0.04 | 11 | ||
2020-05-07 | 2020-03-31 | 0.41 | 0.35 | -0.06 | 14 |
Hess Midstream Environmental, Social, and Governance (ESG) Scores
Hess Midstream's ESG score is a quantitative measure that evaluates Hess Midstream's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Hess Midstream's operations that may have significant financial implications and affect Hess Midstream's stock price as well as guide investors towards more socially responsible investments.
Hess Stock Institutional Investors
Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Ci Investments Inc | 2024-06-30 | 1.6 M | Clearbridge Advisors, Llc | 2024-09-30 | 1.6 M | Citadel Advisors Llc | 2024-09-30 | 1.5 M | Ubs Group Ag | 2024-06-30 | 1.4 M | Swank Energy Income Advisors, Lp | 2024-09-30 | 1.3 M | Yaupon Capital Management Lp | 2024-09-30 | 1.2 M | Eagle Global Advisors, Llc | 2024-09-30 | 1.2 M | Brookfield Corp | 2024-09-30 | 1.1 M | Renaissance Technologies Corp | 2024-09-30 | 1.1 M | Alps Advisors Inc | 2024-09-30 | 16.4 M | Tortoise Midstream Energy Fund, Inc. | 2024-09-30 | 7.5 M |
Hess Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 8.13 B.Hess Profitablity
The company has Profit Margin (PM) of 0.13 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.61 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.61.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.04 | |
Return On Capital Employed | 0.23 | 0.24 | |
Return On Assets | 0.03 | 0.04 | |
Return On Equity | 0.35 | 0.33 |
Management Efficiency
Hess Midstream Partners has return on total asset (ROA) of 0.1398 % which means that it generated a profit of $0.1398 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.4422 %, meaning that it created $1.4422 on every $100 dollars invested by stockholders. Hess Midstream's management efficiency ratios could be used to measure how well Hess Midstream manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hess Midstream's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Capital Employed is likely to grow to 0.24, while Return On Equity is likely to drop 0.33. At this time, Hess Midstream's Non Currrent Assets Other are very stable compared to the past year. As of the 29th of November 2024, Other Assets is likely to grow to about 228.5 M, while Non Current Assets Total are likely to drop about 2.8 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 6.46 | 6.14 | |
Tangible Book Value Per Share | 6.46 | 6.13 | |
Enterprise Value Over EBITDA | 4.90 | 5.14 | |
Price Book Value Ratio | 5.23 | 4.96 | |
Enterprise Value Multiple | 4.90 | 5.14 | |
Price Fair Value | 5.23 | 4.96 | |
Enterprise Value | 1.6 B | 2 B |
Leadership at Hess Midstream emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield 0.0734 | Operating Margin 0.6122 | Profit Margin 0.1306 | Forward Dividend Yield 0.0734 | Beta 1.483 |
Technical Drivers
As of the 29th of November, Hess Midstream retains the Downside Deviation of 1.14, risk adjusted performance of 0.0358, and Market Risk Adjusted Performance of 0.1076. Hess Midstream technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Hess Midstream Partners variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hess Midstream is priced fairly, providing market reflects its last-minute price of 37.31 per share. Given that Hess Midstream Partners has jensen alpha of (0.01), we strongly advise you to confirm Hess Midstream Partners's regular market performance to make sure the company can sustain itself at a future point.Hess Midstream Partners Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hess Midstream middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hess Midstream Partners. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hess Midstream Partners Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hess Midstream insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hess Midstream's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hess Midstream insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hess Midstream Outstanding Bonds
Hess Midstream issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hess Midstream Partners uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hess bonds can be classified according to their maturity, which is the date when Hess Midstream Partners has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
HESS MIDSTREAM PARTNERS Corp BondUS428104AA14 | View | |
HESS MIDSTREAM OPERATIONS Corp BondUS428102AC14 | View | |
HESM 55 15 OCT 30 Corp BondUS428102AF45 | View | |
US428102AE79 Corp BondUS428102AE79 | View |
Hess Midstream Predictive Daily Indicators
Hess Midstream intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hess Midstream stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hess Midstream Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 8th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
24th of September 2024 Other Reports | ViewVerify | |
8K | 20th of September 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
19th of September 2024 Other Reports | ViewVerify |
Hess Midstream Forecast Models
Hess Midstream's time-series forecasting models are one of many Hess Midstream's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hess Midstream's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hess Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hess Midstream prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hess shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hess Midstream. By using and applying Hess Stock analysis, traders can create a robust methodology for identifying Hess entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.48 | 0.50 | |
Operating Profit Margin | 0.61 | 0.64 | |
Net Profit Margin | 0.09 | 0.13 | |
Gross Profit Margin | 0.77 | 0.59 |
Current Hess Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hess analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hess analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
34.29 | Buy | 5 | Odds |
Most Hess analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hess stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hess Midstream Partners, talking to its executives and customers, or listening to Hess conference calls.
Hess Stock Analysis Indicators
Hess Midstream Partners stock analysis indicators help investors evaluate how Hess Midstream stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hess Midstream shares will generate the highest return on investment. By understating and applying Hess Midstream stock analysis, traders can identify Hess Midstream position entry and exit signals to maximize returns.
Begin Period Cash Flow | 3.1 M | |
Total Stockholder Equity | 340.2 M | |
Property Plant And Equipment Net | 3.2 B | |
Cash And Short Term Investments | 5.4 M | |
Cash | 5.4 M | |
50 Day M A | 35.616 | |
Net Interest Income | -171.9 M | |
Total Current Liabilities | 210.2 M | |
Forward Price Earnings | 8.726 | |
Investments | -221.6 M | |
Interest Expense | 179 M | |
Stock Based Compensation | 1.7 M | |
Long Term Debt | 3.2 B | |
Common Stock Shares Outstanding | 56.3 M | |
Tax Provision | 33 M | |
Quarterly Earnings Growth Y O Y | 0.115 | |
Free Cash Flow | 642.9 M | |
Other Current Assets | 7 M | |
Accounts Payable | 79.7 M | |
Net Debt | 3.2 B | |
Other Operating Expenses | 531.7 M | |
Non Current Assets Total | 3.7 B | |
Liabilities And Stockholders Equity | 3.8 B | |
Non Currrent Assets Other | 8.9 M |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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 0.115 | Dividend Share 2.638 | Earnings Share 2.36 | Revenue Per Share 18.19 | Quarterly Revenue Growth 0.042 |
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.