Hess Midstream LP is an oil & gas midstream business based in the US. Hess Midstream shares (HESM) are listed on the NYSE and all prices are listed in US Dollars.
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- Research the stock. Find the stock by name or ticker symbol – HESM – and research it before deciding if it's a good investment for you.
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What's in this guide?
Hess Midstream stock price (NYSE: HESM)Use our graph to track the performance of HESM stocks over time.
Hess Midstream shares at a glance
|Latest market close||$25.47|
|52-week range||$13.62 - $27.62|
|50-day moving average||$24.86|
|200-day moving average||$23.17|
|Wall St. target price||$26.71|
|Dividend yield||$1.846 (7.05%)|
|Earnings per share (TTM)||$1.56|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Hess Midstream stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Hess Midstream price performance over time
|1 week (2021-07-23)||N/A|
|1 month (2021-07-02)||0.79%|
|3 months (2021-05-03)||14.11%|
|6 months (2021-01-30)||N/A|
|1 year (2020-07-30)||N/A|
|2 years (2019-07-30)||N/A|
|3 years (2018-07-30)||N/A|
|5 years (2016-07-30)||N/A|
Is Hess Midstream under- or over-valued?
Valuing Hess Midstream stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hess Midstream's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hess Midstream's P/E ratio
Hess Midstream's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Hess Midstream shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Hess Midstream's PEG ratio
Hess Midstream's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.57. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hess Midstream's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Hess Midstream's EBITDA
Hess Midstream's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $819.9 million.
The EBITDA is a measure of a Hess Midstream's overall financial performance and is widely used to measure a its profitability.
Hess Midstream financials
|Revenue TTM||$1.1 billion|
|Operating margin TTM||59.2%|
|Gross profit TTM||$754.5 million|
|Return on assets TTM||11.3%|
|Return on equity TTM||37.83%|
|Market capitalisation||$648 million|
TTM: trailing 12 months
Shorting Hess Midstream shares
There are currently 1.1 million Hess Midstream shares held short by investors – that's known as Hess Midstream's "short interest". This figure is 38.7% up from 819,426 last month.
There are a few different ways that this level of interest in shorting Hess Midstream shares can be evaluated.
Hess Midstream's "short interest ratio" (SIR)
Hess Midstream's "short interest ratio" (SIR) is the quantity of Hess Midstream shares currently shorted divided by the average quantity of Hess Midstream shares traded daily (recently around 155296.8579235). Hess Midstream's SIR currently stands at 7.32. In other words for every 100,000 Hess Midstream shares traded daily on the market, roughly 7320 shares are currently held short.
However Hess Midstream's short interest can also be evaluated against the total number of Hess Midstream shares, or, against the total number of tradable Hess Midstream shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hess Midstream's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Hess Midstream shares in existence, roughly 50 shares are currently held short) or 0.0466% of the tradable shares (for every 100,000 tradable Hess Midstream shares, roughly 47 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Hess Midstream.
Find out more about how you can short Hess Midstream stock.
Hess Midstream share dividends
Dividend payout ratio: 1.68% of net profits
Recently Hess Midstream has paid out, on average, around 1.68% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hess Midstream shareholders could enjoy a 7.7% return on their shares, in the form of dividend payments. In Hess Midstream's case, that would currently equate to about $1.846 per share.
While Hess Midstream's payout ratio might seem low, this can signify that Hess Midstream is investing more in its future growth.
Hess Midstream's most recent dividend payout was on 12 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 5 August 2021 (the "ex-dividend date").
Hess Midstream share price volatility
Over the last 12 months, Hess Midstream's shares have ranged in value from as little as $13.6195 up to $27.62. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Hess Midstream's is 2.233. This would suggest that Hess Midstream's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Hess Midstream overview
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 crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. 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.
Stocks similar to Hess Midstream
Hess Midstream in the news
Here's What Could Help Hess Midstream Partners LP (HESM) Maintain Its Recent Price Strength
Dividend Champions For August 2021
Hess Midstream Operations LP Announces Pricing of Private Offering of Senior Notes Due 2030
Frequently asked questionsWhat percentage of Hess Midstream is owned by insiders or institutions?
Currently 10.318% of Hess Midstream shares are held by insiders and 66.674% by institutions. When does the fiscal year end for Hess Midstream?
Hess Midstream's fiscal year ends in December. Where is Hess Midstream based?
Hess Midstream's address is: 1501 McKinney Street, Houston, TX, United States, 77010 What is Hess Midstream's ISIN number?
Hess Midstream's international securities identification number is: US4281031058 What is Hess Midstream's CUSIP number?
Hess Midstream's Committee on Uniform Securities Identification Procedures number is: 428103105
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