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Upturn AI SWOT - About
HESM 
Hess Midstream Partners LP (HESM)
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Upturn Advisory Summary
07/03/2025: HESM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
5 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $44
1 Year Target Price $44
| 2 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 5.85% | Avg. Invested days 46 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 8.03B USD | Price to earnings Ratio 14.98 | 1Y Target Price 44 |
Price to earnings Ratio 14.98 | 1Y Target Price 44 | ||
Volume (30-day avg) 5 | Beta 0.58 | 52 Weeks Range 32.29 - 43.22 | Updated Date 07/5/2025 |
52 Weeks Range 32.29 - 43.22 | Updated Date 07/5/2025 | ||
Dividends yield (FY) 7.18% | Basic EPS (TTM) 2.55 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 16.43% | Operating Margin (TTM) 62.15% |
Management Effectiveness
Return on Assets (TTM) 14.37% | Return on Equity (TTM) 147.22% |
Valuation
Trailing PE 14.98 | Forward PE 11.63 | Enterprise Value 8574442260 | Price to Sales(TTM) 5.27 |
Enterprise Value 8574442260 | Price to Sales(TTM) 5.27 | ||
Enterprise Value to Revenue 5.65 | Enterprise Value to EBITDA 7.43 | Shares Outstanding 131085000 | Shares Floating 116545050 |
Shares Outstanding 131085000 | Shares Floating 116545050 | ||
Percent Insiders 1.01 | Percent Institutions 94.1 |
Upturn AI SWOT
Hess Midstream Partners LP
Company Overview
History and Background
Hess Midstream Partners LP (later Hess Midstream LP, and subsequently integrated into Hess Corporation) was formed by Hess Corporation (HES) to own, operate, develop, and acquire midstream assets. It provided services primarily to Hess in the Bakken and Three Forks Shale plays. Details are not available on the exact founding year or milestones as it was set up within Hess Corporation.
Core Business Areas
- Gathering: Gathering natural gas and crude oil from wellheads and transporting it to processing and storage facilities.
- Processing: Processing natural gas to remove impurities and extract valuable natural gas liquids (NGLs).
- Storage: Storing crude oil, natural gas, and NGLs in strategically located facilities.
- Transportation: Transporting crude oil, natural gas, and NGLs through pipelines and other modes of transportation to end markets.
Leadership and Structure
Hess Midstream Partners LP operated under a general partner controlled by Hess Corporation. Specific leadership details for the partnership itself are not readily available as it functioned as an extension of Hess Corporation.
Top Products and Market Share
Key Offerings
- Crude Oil Gathering: Gathering crude oil from production sites and transporting it via pipelines. Market share data for specific gathering activities is difficult to isolate, but they competed with other midstream operators in the Bakken region.
- Natural Gas Gathering and Processing: Gathering and processing natural gas produced in conjunction with crude oil. Similar to crude oil gathering, granular market share is difficult to obtain. Competitors include ONEOK (OKE), Williams Companies (WMB), and other regional players.
- Water Handling: Handling and disposing of produced water. No specific market share data is available. Competitors include Select Water Solutions (WTTR) and Tetra Technologies (TTI).
Market Dynamics
Industry Overview
The midstream industry involves the transportation, processing, and storage of crude oil, natural gas, and natural gas liquids (NGLs). It is influenced by upstream production levels, downstream demand, infrastructure capacity, and regulatory changes.
Positioning
Hess Midstream Partners LP was positioned as a key midstream service provider for Hess Corporation's operations in the Bakken. Its competitive advantage stemmed from its relationship with Hess, which provided a stable source of volume.
Total Addressable Market (TAM)
It is not possible to give an exact figure for the Total Addressable Market. Hess Midstream Partners LP's focus was primarily on supporting Hess's operations, limiting its market reach compared to broader midstream companies.
Upturn SWOT Analysis
Strengths
- Strong relationship with Hess Corporation
- Strategic asset locations in the Bakken shale
- Stable cash flows supported by long-term contracts
Weaknesses
- Concentration of revenue with Hess Corporation
- Limited diversification outside the Bakken
- Dependence on Hess's production levels
Opportunities
- Expansion of midstream infrastructure in the Bakken
- Acquisition of complementary assets
- Increased demand for NGLs
Threats
- Decline in crude oil and natural gas prices
- Increased competition from other midstream providers
- Regulatory changes affecting midstream operations
Competitors and Market Share
Key Competitors
- ONEOK (OKE)
- Williams Companies (WMB)
- TC Energy (TRP)
Competitive Landscape
Hess Midstream Partners LP's competitive advantage was its tie to Hess Corporation, providing a stable revenue stream. However, its limited geographic diversification and customer concentration made it vulnerable to changes in Hess's operations and the Bakken market.
Growth Trajectory and Initiatives
Historical Growth: Growth was closely tied to Hess's production growth in the Bakken.
Future Projections: Future projections are not applicable due to the organizational changes that integrated the partnership more closely into Hess Corporation.
Recent Initiatives: Integration into Hess Corporation
Summary
Hess Midstream Partners LP was a midstream partnership closely tied to Hess Corporation, supporting its Bakken operations. Its strength lay in its stable relationship with Hess, but its lack of diversification and customer concentration posed challenges. The partnership model was eventually dissolved through integration within the parent company, Hess Corporation. This simplified structure allows Hess to more efficiently manage its midstream assets and operations.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Hess Corporation Investor Relations
- SEC Filings
- Industry Reports
Disclaimers:
Data is based on publicly available information and industry analysis. Market share data is estimated and may not be precise. Forward-looking statements are subject to risks and uncertainties.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 | Chairman & CEO of Hess Midstream GP LLC Mr. John B. Hess | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees - | Website https://www.hessmidstream.com |
Full time employees - | Website https://www.hessmidstream.com | ||
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.
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