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Upturn AI Summary - About
Hess Midstream Partners LP(HESM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HESM
09/25/2026: HESM (4-star) is a SELL. SELL for 2 days. Simulated Profits (-0.13%). Updated daily EoD!
Hess Midstream LP is a fee-based midstream energy company primarily operating in the Bakken shale play. The company benefits from a stable, long-term service agreement with its primary sponsor, Hess Corporation, which provides predictable cash flows and supports reliable dividend distributions. Its core strength lies in this integrated model, allowing the company to avoid direct exposure to commodity price swings. Key investment risks include a high degree of customer and geographic concentration, alongside potential regulatory challenges. Hess Midstream is best suited for income-oriented investors, with developments in sponsor drilling plans and infrastructure expansion projects being the primary factors to monitor.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely tied to sponsor-led production rather than organic market expansion. |
| Momentum investor | Mixed fit | Stock price behavior is generally stable and tends to follow broader energy sector trends. |
| Value investor | Strong fit | The company often trades at valuations reflective of its reliable, fee-based cash flows. |
| Dividend investor | Strong fit | Hess Midstream offers a stable and growing distribution profile suited for income-focused portfolios. |
| Low-risk investor | Strong fit while signal remains positive | The fee-based nature of contracts provides a buffer against commodity price volatility. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Medium | While fees are fixed, sector-wide volatility can impact investor sentiment. |
| Valuation risk | Low | Current valuations are generally supported by consistent cash flow generation. |
| Competition risk (Bakken midstream infrastructure) | Medium | Regional competition could impact future contract renewals. |
| Business quality | Strong | High-quality, long-term contracts provide significant operational stability. |
| Dividend income | Strong | Distribution reliability is a core feature of the investment thesis. |
| Execution risk | Medium | Operational delays in infrastructure projects could temporarily impact margins. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit 23.4% | Avg. Invested days 57 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 7.93B USD | Price to earnings Ratio 13.27 | 1Y Target Price 37.5 |
Price to earnings Ratio 13.27 | 1Y Target Price 37.5 | ||
Volume (30-day avg) 1.4M shares | Beta 0.5 | 52 Weeks Range 29.07 - 41.32 | Updated Date 09/25/2026 |
52 Weeks Range 29.07 - 41.32 | Updated Date 09/25/2026 | ||
Dividends yield (FY) 7.96% | Basic EPS (TTM) 2.9 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Bakken Midstream Operations | Gathering, compression, and processing fees charged to Hess Corporation. | Hess Midstream acts like a toll collector, getting paid to move oil and gas rather than selling the commodities themselves. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 13.27 | Forward PE 9.91 | Enterprise Value 8.65B | Price to Sales(TTM) 4.91 |
Enterprise Value 8.65B | Price to Sales(TTM) 4.91 | ||
Enterprise Value to Revenue 5.38 | Enterprise Value to EBITDA 6.96 | Shares Outstanding 128.35M | Shares Floating 127.59M |
Shares Outstanding 128.35M | Shares Floating 127.59M | ||
Percent Insiders 0.86 | Percent Institutions 89.65 |
Upturn AI Summary
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.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Hess Midstream Partners LP
Exchange NYSE | Headquarters Houston, TX, United States | ||
IPO Launch date 2017-04-05 | CEO - | ||
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 acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, 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 system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 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; and other DAPL connections. 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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