NYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis $35.63 -0.37 (-1.03%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Hess Midstream Stock (NYSE:HESM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Hess Midstream alerts:Sign Up Key Stats Today's Range$35.63▼$36.1550-Day Range$34.89▼$37.5352-Week Range$29.20▼$39.11Volume508,760 shsAverage Volume908,939 shsMarket Capitalization$7.96 billionP/E Ratio15.49Dividend Yield7.49%Price Target$38.50Consensus RatingModerate Buy Company OverviewHess 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… The real reason Elon is fully endorsing Trump (Ad)Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump. Watch this new documentary and you’ll discover what Elon knows, Hess Midstream Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks66th Percentile Overall ScoreHESM MarketRank™: Hess Midstream scored higher than 66% of companies evaluated by MarketBeat, and ranked 131st out of 255 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHess Midstream has only been the subject of 1 research reports in the past 90 days.Read more about Hess Midstream's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth16.53% Earnings GrowthEarnings for Hess Midstream are expected to grow by 16.53% in the coming year, from $2.36 to $2.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 15.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 15.49, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.85.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 22.27. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted2.62% 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 6.7.Change versus previous monthShort interest in Hess Midstream has recently decreased by 3.30%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.45%, 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 97.09% 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted2.62% 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 6.7.Change versus previous monthShort interest in Hess Midstream has recently decreased by 3.30%, indicating that investor sentiment is improving. News and Social Media3.5 / 5News Sentiment1.30 News SentimentHess Midstream has a news sentiment score of 1.30. 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 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Hess Midstream this week, compared to 3 articles on an average week.Search Interest8 people have searched for HESM on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows9 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. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $444,268,000.00 in 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. 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 HESM Stock News HeadlinesHess Midstream LP (NYSE:HESM) Director Sells $444,268,000.00 in StockSeptember 21, 2024 | insidertrades.comHess Midstream LP Schedules Earnings Release Conference CallOctober 9, 2024 | businesswire.comThe most serious warning of my careerWith the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election. October 18, 2024 | Porter & Company (Ad)Hess Midstream (NYSE:HESM) Sees Unusually-High Trading Volume - Still a Buy?October 9, 2024 | americanbankingnews.comWells Fargo Sticks to Their Hold Rating for Hess (HES)September 27, 2024 | markets.businessinsider.comHess Midstream (NYSE:HESM) Stock, Short Interest ReportSeptember 26, 2024 | benzinga.comOil Near 18-Month Low and Ultra-High-Yield Energy MLPs Are On SaleSeptember 25, 2024 | 247wallst.comBiggest stock movers Thursday: NIO, SCS, and moreSeptember 21, 2024 | msn.comSee More Headlines 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 12.6% and is now trading at $35.63. View the best growth stocks for 2024 here. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) posted its quarterly earnings results on Wednesday, July, 31st. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.05. The company's quarterly revenue was up 12.8% compared to the same quarter last year. When did Hess Midstream IPO? Hess Midstream (HESM) raised $250 million in an IPO on Wednesday, April 5th 2017. The company issued 12,500,000 shares at a price of $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? Hess Midstream's top institutional shareholders include Artemis Investment Management LLP (0.34%), SG Americas Securities LLC (0.09%), Seven Grand Managers LLC (0.08%) and Exchange Traded Concepts LLC (0.05%). 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 NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL) and e.l.f. Beauty (ELF). Company Calendar Last Earnings7/31/2024Ex-Dividend for 8/14 Dividend8/08/2024Dividend Payable8/14/2024Today10/17/2024Next Earnings (Confirmed)10/30/2024Fiscal 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$38.50 High Stock Price Target$40.00 Low Stock Price Target$37.00 Potential Upside/Downside+8.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.21 Trailing P/E Ratio15.49 Forward P/E Ratio15.10 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 / Sales5.54 Cash Flow$1.40 per share Price / Cash Flow25.40 Book Value$1.60 per share Price / Book22.27Miscellaneous Outstanding Shares223,546,000Free FloatN/AMarket Cap$7.96 billion OptionableOptionable Beta1.51 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report This page (NYSE:HESM) was last updated on 10/18/2024 by MarketBeat.com Staff From Our PartnersTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock This $2 trillion D.C. shock is NOT abou...Timothy Sykes | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on Nov...Weiss Ratings | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredAdd $2T of Potential Magic to Your PortfolioRevolutionizing a whole $2T entertainment and licensing industry might sound like the stuff of fairytales. 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