HESM Share Price | Hess Midstream LP Stock Analysis & Recommendation

Q: What does Hess Midstream LP do?

Overview:Hess Midstream LP is a fee-based midstream company in the oil industry, operating within the mid-cap market segment.Financial Snapshot:- Most recent Net Sales: 382 Million (Quarterly Results - Mar 2025)- Most recent Net Profit: 161 Million (Quarterly Results - Mar 2025)- Market-cap: USD 8,181.98 Million (Mid Cap)Key Metrics:- P/E: 12.00- Dividend Yield: 0.00%- Debt Equity: 5.93- Return on Equity: 109.51%- Price to Book: 13.61Contact Details:- Address: 1501 Mckinney Street, HOUSTON TX: 77010- Tel: ['1 212 5368039', '1 212 5368244']- Fax: 1 302 6555049

Q: Is Hess Midstream LP overvalued or undervalued?

As of 25 April 2018, the valuation grade for Hess Midstream LP moved from expensive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a P/E ratio of 12, an EV to EBITDA of 10.32, and a remarkable ROE of 109.51%. In comparison to its peers, Hess Midstream LP's P/E ratio is more favorable than Permian Resources Corp., which has a P/E of 9.23, and National Fuel Gas Co., which is rated very expensive with a P/E of 11.42. Additionally, the company's EV to EBITDA ratio of 10.32 is lower than that of National Fuel Gas Co. at 8.28, further supporting its attractive valuation. Despite recent underperformance against the S&P 500 over the past week and month, Hess Midstream LP has shown strong returns over the longer term, with a 5-year return of 136.27% compared to the S&P 500's 96.61%, reinforcing its potential as a valuable investment.

Q: Is Hess Midstream LP technically bullish or bearish?

As of 19 September 2025, the technical trend for Hess Midstream LP has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across various indicators. The weekly MACD is bearish, while the monthly MACD is mildly bearish. Bollinger Bands are bearish on both weekly and monthly time frames. The daily moving averages show a mildly bullish trend, but the KST is mildly bearish on both weekly and monthly charts. Dow Theory indicates a mildly bearish stance weekly and bullish monthly. In terms of returns, Hess Midstream has underperformed the S&P 500 across multiple periods, notably with a 1-week return of -10.45% compared to the S&P 500's 1.22%, and a year-to-date return of -5.10% versus the S&P 500's 13.31%. Overall, the technical indicators suggest a cautious approach as the stock is currently in a sideways trend with bearish influences.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

388.07 k

Shareholding (Sep 2025)

FII

14.25%

Held by 91 FIIs

DII

28.34%

Held by 71 DIIs

Promoter

0.39%

How big is Hess Midstream LP?

22-Jun-2025

As of Jun 18, Hess Midstream LP has a market capitalization of $8.18 billion, with net sales of $1.52 billion and a net profit of $658.5 million for the latest four quarters. The balance sheet shows shareholder's funds of $530.7 million and total assets of $4.15 billion.

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What does Hess Midstream LP do?

22-Jun-2025

Hess Midstream LP is a fee-based midstream oil company with a market cap of approximately $8.18 billion, reporting net sales of $382 million and a net profit of $161 million for Q1 2025. Key metrics include a P/E ratio of 12.00 and a return on equity of 109.51%.

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Is Hess Midstream LP overvalued or undervalued?

20-Sep-2025

As of April 25, 2018, Hess Midstream LP is considered undervalued with a P/E ratio of 12 and an EV to EBITDA of 10.32, showing strong long-term returns of 136.27% over five years, despite recent underperformance against the S&P 500.

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Is Hess Midstream LP technically bullish or bearish?

23-Sep-2025

As of September 19, 2025, Hess Midstream LP's technical trend has shifted to sideways with mixed signals, showing bearish indicators and underperforming the S&P 500, suggesting a cautious investment approach.

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Compare Hess Midstream LP with Similar Stocks

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Score

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Dashboard

High Debt company with Weak Long Term Fundamental Strength

High Debt Company with a Debt to Equity ratio (avg) at times

The company has declared Positive results for the last 7 consecutive quarters

With ROCE of 22.42%, it has a very attractive valuation with a 2.82 Enterprise value to Capital Employed

High Institutional Holdings at 100%

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Industry

Oil

Market cap

USD 4,459 Million (Small Cap)

P/E

12.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

6.62

Return on Equity

120.30%

Price to Book

7.79

Revenue and Profits:

Net Sales:

414 Million

(Quarterly Results - Jun 2025)

Net Profit:

180 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-11.43%

6 Months

-0.61%

1 Year

2.09%

2 Years

24.06%

3 Years

8.21%

4 Years

38.01%

5 Years

84.56%

Hess Midstream LP for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

9.24%

EBIT Growth (5y)

14.15%

EBIT to Interest (avg)

5.39

Debt to EBITDA (avg)

2.94

Net Debt to Equity (avg)

5.93

Sales to Capital Employed (avg)

0.37

Tax Ratio

10.89%

Dividend Payout Ratio

105.25%

Pledged Shares

Institutional Holding

100.00%

ROCE (avg)

25.12%

ROE (avg)

222.51%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

13.62

EV to EBIT

12.58

EV to EBITDA

10.32

EV to Capital Employed

2.82

EV to Sales

7.72

PEG Ratio

Dividend Yield

ROCE (Latest)

22.42%

ROE (Latest)

109.51%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bullish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

No Trend

OBV

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 49 Schemes (56.98%)

Foreign Institutions

Held by 91 Foreign Institutions (14.25%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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          "val1": "55.40",
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          "val1": "202.20",
          "val2": "179.00",
          "chgp": "12.96%",
          "chgp_class": "negative"
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Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Jun'25

Mar'25

Change(%)

Net Sales

414.20

382.00

8.43%

Operating Profit (PBDIT) excl Other Income

312.00

288.90

8.00%

Interest

55.40

56.40

-1.77%

Exceptional Items

0.00

Consolidate Net Profit

179.70

161.40

11.34%

Operating Profit Margin (Excl OI)

628.20%

621.50%

0.67%

USD in Million.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Jun 2025 is 8.43% vs -3.51% in Mar 2025

Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is 11.34% vs -6.22% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

1,495.50

1,348.60

10.89%

Operating Profit (PBDIT) excl Other Income

1,122.10

1,009.40

11.17%

Interest

202.20

179.00

12.96%

Exceptional Items

0.00

Consolidate Net Profit

659.00

607.70

8.44%

Operating Profit Margin (Excl OI)

614.50%

605.70%

0.88%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is 10.89% vs 5.76% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 8.44% vs -2.08% in Dec 2023

All Annual Results

Company CV

About Hess Midstream LP

Hess Midstream LP

Oil

Hess Midstream LP is a fee-based, midstream company. The Company owns, operates, develops and acquires a set of midstream assets to provide services to Hess and third-party crude oil and natural gas producers. The Company's assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota (collectively referred as the Bakken). It operates its business through three segments: gathering; processing and storage; and terminaling and export. Its gathering business consists of its controlling economic interest in Gathering Opco, which owns North Dakota natural gas, natural gas liquids and crude oil gathering systems. Its processing and storage business consists of its controlling economic interest in the Tioga Gas Plant and its interest in the Mentor Storage Terminal. Its terminaling and export business consists of its controlling economic interest in Logistics Opco.

Company Coordinates

Company Details

1501 Mckinney Street , HOUSTON TX : 77010

Tel: 1 212 53680391 212 5368244

Registrar Details

Hess Midstream LP

1Day

52 Week

CASH

FII

DII

Promoter

How big is Hess Midstream LP?

Watch in Real-Time

What does Hess Midstream LP do?

Is Hess Midstream LP overvalued or undervalued?

Is Hess Midstream LP technically bullish or bearish?

Compare Hess Midstream LP with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

High Debt company with Weak Long Term Fundamental Strength

The company has declared Positive results for the last 7 consecutive quarters

With ROCE of 22.42%, it has a very attractive valuation with a 2.82 Enterprise value to Capital Employed

High Institutional Holdings at 100%

Consistent Underperformance against the benchmark over the last 3 years

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ

Annual Results Snapshot (Consolidated) - Dec'24

About Hess Midstream LP

Company Coordinates