Positive News SentimentPositive NewsNYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis $35.89 -0.20 (-0.55%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$35.62▼$36.4150-Day Range$34.89▼$38.6152-Week Range$27.57▼$39.11Volume555,950 shsAverage Volume903,795 shsMarket Capitalization$8.02 billionP/E Ratio16.24Dividend Yield7.44%Price Target$37.20 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Hess Midstream alerts: Email Address Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside3.7% Upside$37.20 Price TargetShort InterestBearish2.04% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.59Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth19.14%From $2.09 to $2.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.80 out of 5 starsOils/Energy Sector192nd out of 239 stocksCrude Petroleum & Natural Gas Industry68th out of 79 stocks 1.3 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHess Midstream has only been the subject of 2 research reports in the past 90 days.Read more about Hess Midstream's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.04% of the outstanding shares of Hess Midstream have been sold short.Short Interest Ratio / Days to CoverHess Midstream has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Hess Midstream has recently increased by 14.90%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hess Midstream is 120.81%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hess Midstream will have a dividend payout ratio of 107.23% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend.Read more about Hess Midstream's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HESM. Previous Next 3.1 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 1.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Hess Midstream this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -77% compared to the previous 30 days.MarketBeat Follows6 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have not sold or bought any company stock.Percentage Held by Institutions92.41% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hess Midstream's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 19.14% in the coming year, from $2.09 to $2.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 16.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.02.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 16.24, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.67.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 19.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Hess Midstream's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Hess Midstream Stock (NYSE:HESM)Hess Midstream LP owns, develops, operates, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States. It 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 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 660 million cubic feet per day; crude oil gathering system comprises approximately 570 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 300 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; crude oil rail cars; and other Dakota access pipeline connections, 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.Read More HESM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HESM Stock News HeadlinesAugust 31, 2024 | americanbankingnews.comShort Interest in Hess Midstream LP (NYSE:HESM) Rises By 14.9%August 26, 2024 | nz.finance.yahoo.comHESM Sep 2024 32.000 putSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 15, 2024 | incomeinvestors.comHess Midstream Stock: Shares of High-Yielder Hit Record LevelsAugust 12, 2024 | markets.businessinsider.comHess Maintains Hold Rating Amid Solid Production and Stable Financial OutlookAugust 11, 2024 | investing.comHess Midstream Partners (HESM) Earnings Dates & ReportsAugust 10, 2024 | investorplace.com3 Energy Stocks Positioned for Major Breakthroughs in 2024August 1, 2024 | insidermonkey.comHess Midstream LP (NYSE:HESM) Q2 2024 Earnings Call TranscriptSeptember 7, 2024 | Porter & Company (Ad)The death of Nvidia?Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 1, 2024 | seekingalpha.comHess Midstream LP (HESM) Q2 2024 Earnings Call TranscriptJuly 26, 2024 | money.usnews.comHess Midstream LP - Ordinary Shares - Class AJune 25, 2024 | businesswire.comHess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit RepurchaseJune 23, 2024 | 247wallst.com6 Ultra-High Yield Energy MLPs to Buy Now and One Yields Over 15%June 6, 2024 | businesswire.comHess Midstream LP to Participate in J.P. Morgan Energy, Power & Renewables ConferenceMay 29, 2024 | businesswire.comHess Midstream LP Announces Pricing of Secondary Public Offering of Class A SharesMay 29, 2024 | businesswire.comHess Midstream LP Announces Secondary Public Offering of Class A SharesMay 23, 2024 | finance.yahoo.comThose who invested in Hess Midstream (NYSE:HESM) five years ago are up 172%May 19, 2024 | benzinga.comHess Midstream Stock (NYSE:HESM), Quotes and News SummarySee More Headlines Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/31/2024Ex-Dividend for 8/14 Dividend8/08/2024Dividend Payable8/14/2024Today9/07/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryPetroleum And Natural Gas Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees200Year FoundedN/APrice Target and Rating Average Stock Price Target$37.20 High Stock Price Target$40.00 Low Stock Price Target$32.00 Potential Upside/Downside+3.7%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio16.24 Forward P/E Ratio17.17 P/E GrowthN/ANet Income$118.60 million Net Margins11.59% Pretax Margin48.13% Return on Equity41.91% Return on Assets4.31% Debt Debt-to-Equity Ratio8.55 Current Ratio1.11 Quick Ratio1.11 Sales & Book Value Annual Sales$1.44 billion Price / Sales5.58 Cash Flow$1.36 per share Price / Cash Flow26.46 Book Value$1.82 per share Price / Book19.72Miscellaneous Outstanding Shares223,546,000Free FloatN/AMarket Cap$8.02 billion OptionableOptionable Beta1.52 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)Chairman & CEO of Hess Midstream GP LLC Mr. John A. Gatling (Age 50)President & COO of Hess Midstream GP LLC Mr. Jonathan C. Stein (Age 55)Chief Financial Officer of Hess Midstream GP LLC Mr. Timothy B. Goodell (Age 67)General Counsel & Secretary of Hess Midstream GP LLC Mr. John P. Rielly (Age 62)VP & Director of Hess Midstream GP LLC Jennifer GordonDirector of Investor RelationsMore ExecutivesKey CompetitorsCenovus EnergyNYSE:CVEPembina PipelineNYSE:PBAEcopetrolNYSE:ECCoterra EnergyNYSE:CTRAWoodside Energy GroupNYSE:WDSView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 12,197 shares on 9/5/2024Ownership: 0.005%Clearbridge Investments LLCSold 1,286,000 shares on 8/27/2024Ownership: 0.595%Point72 Asset Management L.P.Sold 414,640 shares on 8/19/2024Ownership: 0.008%Duff & Phelps Investment Management Co.Bought 20,429 shares on 8/16/2024Ownership: 0.009%Algert Global LLCBought 9,055 shares on 8/16/2024Ownership: 0.004%View All Insider TransactionsView All Institutional Transactions HESM Stock Analysis - Frequently Asked Questions How have HESM shares performed this year? Hess Midstream's stock was trading at $31.63 at the beginning of the year. Since then, HESM shares have increased by 13.5% and is now trading at $35.89. View the best growth stocks for 2024 here. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its quarterly earnings data on Wednesday, July, 31st. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.05. The business's revenue for the quarter was up 12.8% on a year-over-year basis. When did Hess Midstream IPO? Hess Midstream (HESM) raised $250 million in an initial public offering on Wednesday, April 5th 2017. The company issued 12,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities served as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers. Who are Hess Midstream's major shareholders? Top institutional shareholders of Hess Midstream include Tortoise Capital Advisors L.L.C. (3.32%), TD Asset Management Inc (1.54%), Epoch Investment Partners Inc. (1.32%) and Westwood Holdings Group Inc. (0.87%). Insiders that own company stock include John A Gatling, Jonathan C Stein, Corp Hess and Infrastructure Investor Global. View institutional ownership trends. How do I buy shares of Hess Midstream? Shares of HESM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Hess Midstream own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hess Midstream investors own include Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), ONEOK (OKE), Energy Transfer (ET), Kinder Morgan (KMI) and Omega Healthcare Investors (OHI). 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