Hess Midstream (NYSE:HESM – Get Free Report) is projected to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $392,130.00 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Hess Midstream (NYSE:HESM – Get Free Report) last posted its earnings results on Wednesday, October 30th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.05. Hess Midstream had a return on equity of 47.87% and a net margin of 13.06%. The business had revenue of $378.50 million during the quarter, compared to analysts’ expectations of $376.98 million. During the same period in the prior year, the business earned $0.57 EPS. Hess Midstream’s revenue for the quarter was up 4.2% compared to the same quarter last year. On average, analysts expect Hess Midstream to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Hess Midstream Stock Performance
Shares of HESM opened at $41.38 on Monday. The firm’s 50 day moving average price is $37.63 and its two-hundred day moving average price is $36.69. The company has a debt-to-equity ratio of 7.85, a quick ratio of 0.70 and a current ratio of 0.70. Hess Midstream has a twelve month low of $32.15 and a twelve month high of $41.61. The firm has a market cap of $9.02 billion, a P/E ratio of 17.53 and a beta of 1.52.
Insider Buying and Selling
About Hess Midstream
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.
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