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HESM logo HESM
Upturn stock ratingUpturn stock rating
HESM logo

Hess Midstream Partners LP (HESM)

Upturn stock ratingUpturn stock rating
$39.24
Last Close (24-hour delay)
Profit since last BUY0.95%
upturn advisory
WEAK BUY
BUY since 64 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

09/15/2025: HESM (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

5 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $45.67

1 Year Target Price $45.67

Analysts Price Target For last 52 week
$45.67 Target price
52w Low $31.72
Current$39.24
52w High $43.36

Analysis of Past Performance

Type Stock
Historic Profit 10.64%
Avg. Invested days 53
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 09/15/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 8.25B USD
Price to earnings Ratio 14.61
1Y Target Price 45.67
Price to earnings Ratio 14.61
1Y Target Price 45.67
Volume (30-day avg) 5
Beta 0.63
52 Weeks Range 31.72 - 43.36
Updated Date 09/15/2025
52 Weeks Range 31.72 - 43.36
Updated Date 09/15/2025
Dividends yield (FY) 7.13%
Basic EPS (TTM) 2.69

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 18.52%
Operating Margin (TTM) 62.82%

Management Effectiveness

Return on Assets (TTM) 14.34%
Return on Equity (TTM) 148.96%

Valuation

Trailing PE 14.61
Forward PE 11.34
Enterprise Value 8860213619
Price to Sales(TTM) 5.25
Enterprise Value 8860213619
Price to Sales(TTM) 5.25
Enterprise Value to Revenue 5.65
Enterprise Value to EBITDA 7.42
Shares Outstanding 131085000
Shares Floating 130435723
Shares Outstanding 131085000
Shares Floating 130435723
Percent Insiders 0.85
Percent Institutions 88.17

ai summary icon Upturn AI SWOT

Hess Midstream Partners LP

stock logo

Company Overview

overview logo History and Background

Hess Midstream Partners LP was formed in 2014 by Hess Corporation to own, operate, develop, and acquire midstream energy assets. The initial focus was on supporting Hess's Bakken and Three Forks operations in the Williston Basin area of North Dakota.

business area logo Core Business Areas

  • Gathering: Provides crude oil and natural gas gathering services, connecting wellheads to processing facilities and pipelines.
  • Processing and Storage: Offers natural gas processing and storage services, removing impurities and preparing natural gas for transportation.
  • Transportation: Transports crude oil, natural gas, and natural gas liquids (NGLs) through pipelines and other infrastructure.
  • Water Services: Provides water gathering and disposal services for oil and gas operations.

leadership logo Leadership and Structure

Hess Midstream Partners LP operates under a general partner, Hess Midstream GP LLC. Key leadership positions include the CEO and CFO of the general partner, overseen by a board of directors with ties to Hess Corporation.

Top Products and Market Share

overview logo Key Offerings

  • Crude Oil Gathering: Gathers crude oil from wellheads for transportation. Market share data is difficult to isolate specifically for Hess Midstream; competition includes other midstream operators in the Bakken region. Competitors include ONEOK, Plains All American Pipeline.
  • Natural Gas Processing: Processes natural gas to remove impurities. Again, market share is difficult to isolate; competition is localized within the Bakken. Competitors include ONEOK, Tallgrass Energy.

Market Dynamics

industry overview logo Industry Overview

The midstream energy industry is involved in the transportation, storage, and processing of oil and natural gas. It is heavily influenced by production levels, commodity prices, and infrastructure development.

Positioning

Hess Midstream Partners LP is strategically positioned in the Bakken region, benefiting from Hess Corporation's upstream activities. Its competitive advantage lies in its integrated service offerings and dedicated customer base.

Total Addressable Market (TAM)

TAM is dependent on the overall midstream market size in the Bakken, estimated in the billions of USD annually. Hess Midstream captures a portion of this market through its services.

Upturn SWOT Analysis

Strengths

  • Strong relationship with Hess Corporation
  • Strategic asset locations in the Bakken
  • Integrated service offerings
  • Stable fee-based revenue

Weaknesses

  • Geographic concentration in the Bakken
  • Dependence on Hess Corporation's production
  • Sensitivity to commodity price fluctuations
  • Limited diversification

Opportunities

  • Expansion of infrastructure in the Bakken
  • Acquisition of complementary midstream assets
  • Development of new service offerings
  • Increased production from Hess Corporation

Threats

  • Decline in oil and gas prices
  • Increased competition from other midstream operators
  • Regulatory changes impacting midstream activities
  • Environmental concerns and regulations

Competitors and Market Share

competitor logo Key Competitors

  • ONEOK (OKE)
  • Plains All American Pipeline (PAA)
  • TC Energy (TRP)

Competitive Landscape

Hess Midstream Partners LP benefits from its connection to Hess Corporation, but faces competition from larger, more diversified midstream companies.

Growth Trajectory and Initiatives

Historical Growth: Growth has been correlated to the company's service volumes. See official reports for detail.

Future Projections: Future growth depends on volume, pricing, and new services. See official reports for detail.

Recent Initiatives: See official reports for recent initiative highlights.

Summary

Hess Midstream Partners LP is strategically positioned in the Bakken but is heavily reliant on Hess Corporation's operations. While its integrated services offer stability, its geographic concentration and sensitivity to commodity prices present challenges. Expanding infrastructure and pursuing acquisitions could boost growth, but declining oil prices and regulatory changes pose threats. Current financial performance needs to be pulled from real-time statements.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Investor Presentations
  • Industry Reports
  • Yahoo Finance

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Market conditions are subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Hess Midstream Partners LP

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2017-04-05
CEO -
Sector Energy
Industry Oil & Gas Midstream
Full time employees -
Full time employees -

Hess Midstream LP owns, operates, develops, 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 1,415 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 675 million cubic feet per day; crude oil gathering system comprises approximately 590 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 330 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; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the 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 formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.