HESM 📈 Hess Midstream Partners - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US4281031058
HESM: Natural Gas, Crude Oil, Water, Propane
Hess Midstream Partners LP is a master limited partnership that focuses on owning, operating, and acquiring midstream energy infrastructure assets in the United States. The company provides a range of fee-based services to its parent company, Hess Corporation, as well as to third-party customers. Its operations are divided into three main segments: Gathering, Processing and Storage, and Terminaling and Export. This diversified approach allows Hess Midstream to generate revenue from various streams, including natural gas and crude oil gathering, processing, and transportation.
The Gathering segment is a critical component of Hess Midstream's operations, comprising an extensive network of pipelines and facilities that collect and transport natural gas, crude oil, and produced water from wells to processing plants and other destinations. The company's gathering systems include approximately 1,410 miles of natural gas and natural gas liquids pipelines, with a capacity of around 660 million cubic feet per day. Additionally, its crude oil gathering system spans about 570 miles, while the produced water gathering system covers around 300 miles. This infrastructure enables Hess Midstream to efficiently collect and transport hydrocarbons from the wellhead to processing facilities, refineries, or export terminals.
The Processing and Storage segment is another key area of focus for Hess Midstream, featuring a range of assets that process, fractionate, and store natural gas and natural gas liquids. The Tioga Gas Plant, located in North Dakota, is a major processing and fractionation facility that can handle significant volumes of natural gas and liquids. The company also has a 50% interest in the Little Missouri 4 gas processing plant, which provides additional processing capacity. Furthermore, the Mentor Storage Terminal in Minnesota offers propane storage and rail, truck loading, and unloading capabilities, allowing Hess Midstream to store and distribute liquefied petroleum gases to customers across the region.
The Terminaling and Export segment is responsible for the transportation and export of crude oil and other petroleum products. Hess Midstream owns the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars, which enable the company to efficiently transport oil from the Bakken shale play to refineries, pipelines, and export terminals. The Johnson's Corner Header System, a crude oil pipeline header system, also plays a crucial role in this segment, allowing Hess Midstream to gather and transport crude oil from various sources to destinations such as refineries, pipelines, or export terminals. With its diversified portfolio of midstream assets, Hess Midstream is well-positioned to capitalize on the growing demand for energy infrastructure services in the United States.
As a publicly traded company, Hess Midstream Partners LP is listed on the New York Stock Exchange (NYSE) under the ticker symbol HESM. The company was founded in 2014 and is headquartered in Houston, Texas, with its website available at https://www.hessmidstream.com. With an ISIN of US4281031058 and classified as a common stock, Hess Midstream operates in the Oil & Gas Storage & Transportation sub-industry, providing essential services to the energy sector. The company's commitment to safety, reliability, and customer satisfaction has established it as a trusted partner for energy producers, refiners, and other industry stakeholders.
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HESM Stock Overview
Market Cap in USD | 7,898m |
Sector | Energy |
Industry | Oil & Gas Midstream |
GiC Sub-Industry | Oil & Gas Storage & Transportation |
IPO / Inception | 2017-04-05 |
HESM Stock Ratings
Growth 5y | 87.5% |
Fundamental | 35.4% |
Dividend | 93.7% |
Rel. Strength Industry | 1086 |
Analysts | 4/5 |
Fair Price Momentum | 42.03 USD |
Fair Price DCF | 162.80 USD |
HESM Dividends
Dividend Yield 12m | 7.29% |
Yield on Cost 5y | 17.60% |
Annual Growth 5y | 8.72% |
Payout Consistency | 100.0% |
HESM Growth Ratios
Growth Correlation 3m | 63.9% |
Growth Correlation 12m | 83.7% |
Growth Correlation 5y | 96.4% |
CAGR 5y | 19.24% |
CAGR/Mean DD 5y | 1.72 |
Sharpe Ratio 12m | 1.00 |
Alpha | 0.23 |
Beta | 0.85 |
Volatility | 21.01% |
Current Volume | 4899.9k |
Average Volume 20d | 974.5k |
As of December 21, 2024, the stock is trading at USD 36.20 with a total of 4,899,888 shares traded.
Over the past week, the price has changed by -1.36%, over one month by +0.36%, over three months by +3.75% and over the past year by +25.40%.
Partly, yes. Based on ValueRay Fundamental Analyses, Hess Midstream Partners (NYSE:HESM) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 35.37 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of HESM as of December 2024 is 42.03. This means that HESM is currently undervalued and has a potential upside of +16.1% (Margin of Safety).
Hess Midstream Partners has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy HESM.
- Strong Buy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, HESM Hess Midstream Partners will be worth about 45.7 in December 2025. The stock is currently trading at 36.20. This means that the stock has a potential upside of +26.35%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 40.8 | 12.7% |
Analysts Target Price | 34.3 | -5.3% |
ValueRay Target Price | 45.7 | 26.4% |