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Hess Midstream Partners LP

Energy US HESM

38.84USD
-0.08(0.21%)

Last update at 2026-03-10T20:20:00Z

Day Range

38.4539.16
LowHigh

52 Week Range

24.1433.32
LowHigh

Fundamentals

  • Previous Close 38.92
  • Market Cap7654.42M
  • Volume1334777
  • P/E Ratio15.42
  • Dividend Yield7.62%
  • EBITDA991.70M
  • Revenue TTM1306.70M
  • Revenue Per Share TTM26.09
  • Gross Profit TTM 995.60M
  • Diluted EPS TTM2.03

Source: TradingView
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Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 647.20M 632.40M 492.10M 317.60M 325.50M
Minority interest -536.70000M -571.40000M 1201.00M 1200.60M 2209.00M
Net income 620.60M 617.80M 484.80M 317.70M 70.80M
Selling general administrative 23.10M 22.70M 21.10M 52.40M 14.10M
Selling and marketing expenses - - - - -
Gross profit 1093.90M 1038.20M 935.00M 705.80M 585.80M
Reconciled depreciation 181.30M 165.60M 156.90M 142.50M 123.00M
Ebit 615.20M 727.20M 429.90M 237.50M 378.20M
Ebitda 796.50M 903.40M 586.80M 380.00M 505.10M
Depreciation and amortization 181.30M 176.20M 156.90M 142.50M 126.90M
Non operating income net other - - - - -
Operating income 615.20M 727.20M 429.90M 237.50M 378.20M
Other operating expenses 484.00M 476.60M 515.40M 471.70M 334.50M
Interest expense 149.30M 105.40M 94.70M 62.40M 53.30M
Tax provision 26.60M 14.60M 7.30M -0.10000M -
Interest income - - - 59.00M 53.30M
Net interest income -149.30000M -105.40000M -94.70000M -62.40000M -1.30000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 26.60M 14.60M 7.30M -0.10000M 308.00M
Total revenue 1275.20M 1203.80M 1091.90M 848.30M 712.70M
Total operating expenses 302.70M 311.00M 358.50M 329.20M 207.60M
Cost of revenue 181.30M 165.60M 156.90M 142.50M 126.90M
Total other income expense net 32.00M -94.80000M 62.20M 80.10M 0.60M
Discontinued operations - - - - -
Net income from continuing ops 620.60M 617.80M 484.90M 317.70M 372.30M
Net income applicable to common shares 83.90M 46.40M 24.00M 66.70M 69.10M
Preferred stock and other adjustments - - - - 1.70M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 3588.20M 3485.60M 3374.50M 3277.70M 2991.20M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 6.20M 10.60M 5.60M 4.70M 3.30M
Total liab 3059.20M 2732.50M 2048.50M 1945.60M 1115.10M
Total stockholder equity 529.00M 753.10M 1326.00M 0.40M 3438.70M
Deferred long term liab 9.50M 6.90M 9.30M 12.20M 6.90M
Other current liab 114.70M 10.20M 9.90M 97.60M 6.80M
Common stock 245.10M 204.10M 125.00M 131.10M 501.90M
Capital stock - - - - -
Retained earnings 179.70M 95.80M - - -
Other liab 16.60M 18.10M 22.50M 16.00M 7.20M
Good will - - - - -
Other assets 189.20M 125.90M 162.00M 63.90M 8.20M
Cash 3.10M 2.20M 2.60M 3.30M 109.30M
Cash and equivalents - - - - -
Total current liabilities 159.50M 170.90M 125.00M 176.10M 138.10M
Current deferred revenue 7.30M 76.20M 54.10M - 85.60M
Net debt 2882.50M 2561.30M 1907.50M 1750.20M 871.80M
Short term debt 2.50M 20.00M 10.00M - 11.30M
Short long term debt 2.50M 20.00M 10.00M - 11.30M
Short long term debt total 2885.60M 2563.50M 1910.10M 1753.50M 981.10M
Other stockholder equity 529.00M 753.10M 1326.00M -0.40000M -1.20000M
Property plant equipment 3172.80M 3125.00M 3111.30M 3010.10M 2735.30M
Total current assets 132.30M 133.10M 101.40M 95.90M 180.40M
Long term investments 93.90M 101.60M 108.40M 107.80M 67.30M
Net tangible assets 245.10M 135.70M 125.00M 131.50M -332.90000M
Short term investments - - 108.00M - -
Net receivables 123.00M 120.30M 93.20M 87.90M 67.80M
Long term debt 2883.10M 2543.50M 1900.10M 1753.50M 969.80M
Inventory - - - - -
Accounts payable 35.00M 64.50M 51.00M 78.50M 34.40M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - 0.40M 1.20M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 12.00M 7.80M 10.00M 12.90M 8.20M
Deferred long term asset charges - - - - -
Non current assets total 3455.90M 3352.50M 3273.10M 3181.80M 2810.80M
Capital lease obligations - - - - -
Long term debt total - - - 1753.50M 969.80M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -238.20000M -163.20000M -301.00000M -33.00000M -302.90000M
Change to liabilities 2.30M 6.60M -0.50000M 15.20M -2.40000M
Total cashflows from investing activities -238.20000M -163.20000M -301.00000M -497.50000M -307.60000M
Net borrowings 324.00M 660.00M 152.00M 784.50M -2.50000M
Total cash from financing activities -622.00000M -632.70000M -341.40000M -79.20000M -405.70000M
Change to operating activities 14.80M 2.40M -8.80000M 16.60M 18.30M
Net income 620.60M 617.80M 484.90M 317.70M 325.50M
Change in cash 0.90M -0.40000M -0.70000M -106.00000M -246.40000M
Begin period cash flow 2.20M 2.60M 3.30M 109.30M 355.70M
End period cash flow 3.10M 2.20M 2.60M 3.30M 109.30M
Total cash from operating activities 861.10M 795.50M 641.70M 470.70M 466.90M
Issuance of capital stock - - - 0.00000M 0.00000M
Depreciation 181.30M 165.60M 156.90M 142.50M 126.90M
Other cashflows from investing activities - - - -191.10000M -65.70000M
Dividends paid -91.00000M -49.40000M -31.60000M -85.40000M 396.10M
Change to inventory - - - - 19.50M
Change to account receivables -2.60000M -27.00000M -5.00000M -19.50000M -6.30000M
Sale purchase of stock -400.00000M -750.00000M - - -
Other cashflows from financing activities -121.00000M -493.30000M -157.80000M 13.70M -7.10000M
Change to netincome 572.60M 594.20M 468.60M 244.10M 256.30M
Capital expenditures 238.20M 163.20M 301.10M 306.40M 241.90M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - 448.00M
Change in working capital 14.50M -18.00000M -14.30000M 12.30M 9.60M
Stock based compensation 1.60M 1.40M 1.50M 1.50M 0.90M
Other non cash items 16.50M 14.10M 5.40M -3.20000M 5.00M
Free cash flow 622.90M 632.30M 340.60M 164.30M 225.00M

Peer Comparison

Sector: Energy Industry: Oil & Gas Midstream

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
HESM
Hess Midstream Partners LP
-0.08 0.21% 38.84 15.42 9.84 5.86 5.79 4.06 5.28
ENB
Enbridge Inc
-0.24 0.44% 53.70 32.07 17.33 1.67 1.73 2.98 10.28
EBBNF
Enbridge Inc
0.03 0.12% 24.30 8.69 - 1.66 -
ET
Energy Transfer LP
-0.29 1.56% 18.30 13.60 10.88 0.75 1.74 1.48 7.82
EPD
Enterprise Products Partners LP
-0.37 1.00% 36.72 10.72 9.90 1.17 2.09 1.76 9.64

Reports Covered

Stock Research & News

Profile

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.

Hess Midstream Partners LP

1501 McKinney Street, Houston, TX, United States, 77010

Key Executives

Name Title Year Born
Mr. John B. Hess Chairman & CEO of Hess Midstream GP LLC 1954
Mr. John A. Gatling Pres & COO of Hess Midstream GP LLC 1974
Mr. Jonathan C. Stein Chief Financial Officer of Hess Midstream GP LLC 1969
Mr. Timothy B. Goodell Gen. Counsel & Sec. of Hess Midstream GP LLC 1957
Mr. John P. Rielly VP & Director of Hess Midstream GP LLC 1962
Jennifer Gordon Director of Investor Relations NA

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