HESM—56

Hess Midstream LP

Oil & Gas Transportation ServicesVerified

Score breakdown

Profitability+35Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion82AI synthesis40Observations23

Hess Midstream LP (HESM.K) is currently classified as Energy - Fossil Fuels within Oil & Gas Transportation Services (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 4,388,300,000 USD, total equity 568,300,000, short-term debt 0, long-term debt 3,772,000,000. Net cash position is approximately -3,770,100,000 USD. Profitability profile: revenue 1,621,300,000, gross profit 0, operating income 1,008,100,000, net income 352,900,000. Return on equity ~62.1%. Return on assets ~8.0%. Operating-cash-flow to net-income ratio is 2.79. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

30-day price · HESM+1.71 (+4.5%)

Low$37.31High$39.93Close$39.52As of4 May, 00:00 UTC

Profile

CompanyHess Midstream LP

TickerHESM.K

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryOil & Gas Transportation Services

AI analysis

Business. Hess Midstream LP is classified under Energy / Oil & Gas Transportation Services and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Oil & Gas Transportation Services, Energy - Fossil Fuels, Energy.

Key takeaways

Return on equity is about 62.1%.
Debt to equity is about 6.64x.
Analyst estimate: Mean price target = 37.17 USD
Analyst estimate: Median price target = 37.00 USD

Financial snapshot

PeriodHA-latest

CurrencyUSD

Revenue$1.62B

Gross profit—

Operating income$1.01B

Net income$352.9M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$983.8M

CapEx-$255.6M

Free cash flow$292.9M

Total assets$4.39B

Total liabilities$3.82B

Total equity$568.3M

Cash & equivalents$1.9M

Long-term debt$3.77B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$568.3M

Net cash-$3.77B

Current ratio0.8

Debt/Equity6.6

ROA8.0%

ROE62.1%

Cash conversion2.8%

CapEx/Revenue-15.8%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Energy - Fossil Fuels · cohort 87 companies

MetricHESMActivity

Op margin62.2%23.2% medp25 15.8% · p75 28.2%top quartile

Net margin21.8%5.8% medp25 -2.3% · p75 11.7%top quartile

Gross margin—25.7% medp25 17.0% · p75 43.1%

R&D / revenue—1.3% medp25 1.0% · p75 1.6%

CapEx / revenue-15.8%-7.8% medp25 -17.3% · p75 -1.5%below median

Debt / equity664.0%58.5% medp25 38.7% · p75 89.0%top quartile

Observations

IR observations

Mean price target37.17 USD

Median price target37.00 USD

High price target42.00 USD

Low price target32.00 USD

Mean recommendation3.14 (1=strong buy, 5=strong sell)

Strong-buy count0.00

Buy count0.00

Hold count6.00

Sell count1.00

Strong-sell count0.00

Mean EPS estimate2.90 USD

Last actual EPS2.86 USD

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-06 11:21 UTC#1c3132ba

Source: analysis-pipeline (hybrid)Generated: 2026-05-06 11:30 UTCJob: 662dc9e7