NYSE:HESM Hess Midstream (HESM) Stock Price, News & Analysis → A lot of people are making this costly mistake (From WealthPress) (Ad) Free HESM Stock Alerts $36.13 +0.30 (+0.84%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$35.84▼$36.4050-Day Range$32.13▼$36.1352-Week Range$26.86▼$36.40Volume832,196 shsAverage Volume849,313 shsMarket Capitalization$8.18 billionP/E Ratio17.29Dividend Yield7.03%Price Target$35.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Hess Midstream alerts: Email Address Hess Midstream MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside1.7% Downside$35.50 Price TargetShort InterestHealthy1.72% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.69Based on 6 Articles This WeekInsider TradingSelling Shares$377.55 M Sold Last QuarterProj. Earnings Growth15.69%From $2.55 to $2.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.47 out of 5 starsOils/Energy Sector103rd out of 244 stocksCrude Petroleum & Natural Gas Industry40th out of 76 stocks 1.3 Analyst's Opinion Consensus RatingHess Midstream has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.50, Hess Midstream has a forecasted downside of 1.7% from its current price of $36.13.Amount of Analyst CoverageHess Midstream has only been the subject of 2 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.72% of the outstanding shares of Hess Midstream have been sold short.Short Interest Ratio / Days to CoverHess Midstream has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Hess Midstream has recently decreased by 16.52%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHess Midstream is a leading dividend payer. It pays a dividend yield of 7.08%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHess Midstream has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of Hess Midstream is 121.53%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Hess Midstream will have a dividend payout ratio of 86.10% in the coming year. This indicates that Hess Midstream may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HESM. Previous Next 3.2 News and Social Media Coverage News SentimentHess Midstream has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Hess Midstream this week, compared to 2 articles on an average week.Search InterestOnly 12 people have searched for HESM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.MarketBeat Follows11 people have added Hess Midstream to their MarketBeat watchlist in the last 30 days. This is an increase of 10% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess Midstream insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $377,545,000.00 in company stock.Percentage Held by Institutions92.41% of the stock of Hess Midstream is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Hess Midstream are expected to grow by 15.69% in the coming year, from $2.55 to $2.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess Midstream is 17.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.21.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess Midstream is 17.29, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.76.Price to Book Value per Share RatioHess Midstream has a P/B Ratio of 22.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the Markets4x Better than Bitcoin4x Better than Bitcoin Bitcoin would have to go from $68,000 to $314,000 to match the 463% gains we saw with Immunogen in December.Get the name of the stock here >>> About Hess Midstream Stock (NYSE:HESM)Hess Midstream LP owns, develops, operates, and acquires midstream assets and provide fee-based services to Hess and third-party customers in the United States. It 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 1,410 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 660 million cubic feet per day; crude oil gathering system comprises approximately 570 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 300 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; crude oil rail cars; and other Dakota access pipeline connections, 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.Read More HESM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HESM Stock News HeadlinesMarch 25, 2024 | seekingalpha.comTYG: Performance Laggard With No Near-Term CatalystMarch 24, 2024 | americanbankingnews.comHess Midstream (NYSE:HESM) Hits New 12-Month High at $35.99March 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 17, 2024 | finance.yahoo.comHESM Apr 2024 30.000 putMarch 16, 2024 | ca.finance.yahoo.comHESM Aug 2024 37.000 putMarch 16, 2024 | finance.yahoo.comHESM Apr 2024 29.000 putMarch 16, 2024 | ca.finance.yahoo.comHESM Aug 2024 37.000 callMarch 16, 2024 | ca.finance.yahoo.comHESM Apr 2024 34.000 putMarch 29, 2024 | Crypto 101 Media (Ad)Crypto Market Preps For Trillions Worth of Inflows! Bitcoin is rapidly approaching new ALL-TIME HIGHS… The market is buzzing after recent approval of spot Bitcoin exchange-traded funds (ETF). Top analysts predict these ETFs will attract trillions of dollars worth of inflows over the next few years… And as Bitcoin rallies, we could see other smaller coins rise to heights never seen before.March 16, 2024 | finance.yahoo.comHESM Apr 2024 37.000 callMarch 12, 2024 | msn.comHess Midstream (NYSE:HESM): A Solid Option for Income InvestorsMarch 10, 2024 | finance.yahoo.comHESM May 2024 35.000 putFebruary 29, 2024 | businesswire.comHess Midstream LP Announces Filing of 2023 Annual Report on Form 10-KFebruary 28, 2024 | bizjournals.comExxon makes play for Hess's Guyana assets, creating risk factor for Chevron's $53B acquisitionFebruary 26, 2024 | businesswire.comHess Midstream LP to Participate in Investor ConferencesFebruary 24, 2024 | finance.yahoo.comHESM Apr 2024 31.000 callFebruary 14, 2024 | ca.finance.yahoo.comHESM Mar 2024 30.000 putFebruary 9, 2024 | msn.comHess Midstream Partners Announces Secondary Offering LaunchFebruary 6, 2024 | finance.yahoo.comHess Midstream Full Year 2023 Earnings: EPS Misses ExpectationsFebruary 6, 2024 | finance.yahoo.comHess Midstream LP Announces Pricing of Secondary Public Offering of Class A SharesFebruary 5, 2024 | msn.comHess Midstream commences offering of 10M class A shares for holdersFebruary 5, 2024 | finance.yahoo.comHess Midstream LP Announces Secondary Public Offering of Class A SharesFebruary 3, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Hess Midstream LP (NYSE:HESM) After Its Yearly ReportFebruary 2, 2024 | finance.yahoo.comHess Midstream LP (HESM) Reports Increased Throughput and Earnings Growth in Q4 2023February 1, 2024 | finance.yahoo.comHess Midstream (NYSE:HESM) Is Increasing Its Dividend To $0.6343January 31, 2024 | finance.yahoo.comHess Midstream LP Reports Estimated Results for the Fourth Quarter of 2023January 31, 2024 | finance.yahoo.comHess Midstream LP Announces Guidance, Increases and Extends Return of Capital Program Through 2026See More Headlines Receive HESM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess Midstream and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/31/2024Ex-Dividend for 2/14 Dividend2/07/2024Dividend Payable2/14/2024Today3/28/2024Next Earnings (Estimated)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:HESM Previous SymbolNASDAQ:HESM CUSIPN/A CIK1619739 Webwww.hessmidstream.com Phone(713) 496-4200FaxN/AEmployees196Year FoundedN/APrice Target and Rating Average Stock Price Target$35.50 High Stock Price Target$38.00 Low Stock Price Target$32.00 Potential Upside/Downside-1.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.09 Trailing P/E Ratio17.29 Forward P/E Ratio14.17 P/E GrowthN/ANet Income$118.60 million Net Margins8.79% Pretax Margin47.87% Return on Equity28.21% Return on Assets3.20% Debt Debt-to-Equity Ratio8.81 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$1.35 billion Price / Sales6.06 Cash Flow$1.44 per share Price / Cash Flow25.12 Book Value$1.60 per share Price / Book22.58Miscellaneous Outstanding Shares226,310,000Free FloatN/AMarket Cap$8.18 billion OptionableOptionable Beta1.50 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)Chairman & CEO of Hess Midstream GP LLC Mr. John A. Gatling (Age 50)President & COO of Hess Midstream GP LLC Mr. Jonathan C. Stein (Age 55)Chief Financial Officer of Hess Midstream GP LLC Mr. Timothy B. Goodell (Age 67)General Counsel & Secretary of Hess Midstream GP LLC Mr. John P. Rielly (Age 62)VP & Director of Hess Midstream GP LLC Jennifer GordonDirector of Investor RelationsMore ExecutivesKey CompetitorsRange ResourcesNYSE:RRCSouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRAntero ResourcesNYSE:ARChord EnergyNASDAQ:CHRDView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 5,088 shares on 3/11/2024Ownership: 0.178%Goldman Sachs Group Inc.Bought 72,548 shares on 3/1/2024Ownership: 1.494%GSA Capital Partners LLPBought 83,777 shares on 2/16/2024Ownership: 0.043%DRW Securities LLCBought 16,890 shares on 2/16/2024Ownership: 0.007%Wolverine Trading LLCSold 4,100 shares on 2/15/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions HESM Stock Analysis - Frequently Asked Questions Should I buy or sell Hess Midstream stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hess Midstream in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HESM shares. View HESM analyst ratings or view top-rated stocks. What is Hess Midstream's stock price target for 2024? 6 equities research analysts have issued 1-year price targets for Hess Midstream's shares. Their HESM share price targets range from $32.00 to $38.00. On average, they predict the company's stock price to reach $35.50 in the next year. This suggests that the stock has a possible downside of 1.7%. View analysts price targets for HESM or view top-rated stocks among Wall Street analysts. How have HESM shares performed in 2024? Hess Midstream's stock was trading at $31.63 on January 1st, 2024. Since then, HESM stock has increased by 14.2% and is now trading at $36.13. View the best growth stocks for 2024 here. Are investors shorting Hess Midstream? Hess Midstream saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 3,890,000 shares, a drop of 16.5% from the February 29th total of 4,660,000 shares. Based on an average daily volume of 895,300 shares, the short-interest ratio is presently 4.3 days. View Hess Midstream's Short Interest. When is Hess Midstream's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our HESM earnings forecast. How were Hess Midstream's earnings last quarter? Hess Midstream LP (NYSE:HESM) issued its earnings results on Wednesday, January, 31st. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.60 by $0.05. The firm earned $356.50 million during the quarter, compared to the consensus estimate of $358.86 million. Hess Midstream had a net margin of 8.79% and a trailing twelve-month return on equity of 28.21%. Hess Midstream's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. How often does Hess Midstream pay dividends? What is the dividend yield for Hess Midstream? Hess Midstream declared a quarterly dividend on Monday, January 29th. Shareholders of record on Thursday, February 8th will be paid a dividend of $0.6343 per share on Wednesday, February 14th. This represents a $2.54 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date is Wednesday, February 7th. This is an increase from the stock's previous quarterly dividend of $0.62. Read our dividend analysis for HESM. Is Hess Midstream a good dividend stock? Hess Midstream (NYSE:HESM) pays an annual dividend of $2.54 per share and currently has a dividend yield of 7.08%. HESM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 121.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, HESM will have a dividend payout ratio of 86.10% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for HESM. What ETFs hold Hess Midstream's stock? ETFs with the largest weight of Hess Midstream (NYSE:HESM) stock in their portfolio include First Trust Natural Gas ETF (FCG), BNY Mellon Global Infrastructure Income ETF (BKGI), Alerian MLP ETF (AMLP), Global X MLP ETF (MLPA), InfraCap MLP ETF (AMZA), Amplify Natural Resources Dividend Income ETF (NDIV), Pacer American Energy Independence ETF (USAI) and USCF Midstream Energy Income Fund (UMI). What other stocks do shareholders of Hess Midstream own? Based on aggregate information from My MarketBeat watchlists, some companies that other Hess Midstream investors own include Enterprise Products Partners (EPD), AT&T (T), Pfizer (PFE), ONEOK (OKE), Energy Transfer (ET), Kinder Morgan (KMI), Omega Healthcare Investors (OHI), Apollo Global Management (APO), Bank of America (BAC) and General Electric (GE). When did Hess Midstream IPO? Hess Midstream (HESM) raised $250 million in an initial public offering (IPO) on Wednesday, April 5th 2017. The company issued 12,500,000 shares at $19.00-$21.00 per share. Goldman Sachs, Morgan Stanley, Citigroup, J.P. Morgan, MUFG and Wells Fargo Securities acted as the underwriters for the IPO and ING, Scotia, Howard Weil, SMBC Nikko, Barclays, HSBC and TD Securities were co-managers. Who are Hess Midstream's major shareholders? Hess Midstream's stock is owned by many different institutional and retail investors. Top institutional shareholders include Goldman Sachs Group Inc. (1.49%), Goldman Sachs Group Inc. (1.49%), Mirae Asset Global Investments Co. Ltd. (1.38%), TD Asset Management Inc (1.02%), Epoch Investment Partners Inc. (0.78%) and CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.58%). Insiders that own company stock include Corp Hess, Geurt G Schoonman, Infrastructure Investor Global, John A Gatling, John B Hess and Jonathan C Stein. View institutional ownership trends. How do I buy shares of Hess Midstream? Shares of HESM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:HESM) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hess Midstream LP Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.