Hess Midstream LP

Hess Midstream LPverified

HESM

Price:

$34.17

Market Cap:

$7.18B

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a n...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2017-04-05

Stock Exchange

NYSE

Ticker

HESM

The Enterprise Value as of December 2025 (TTM) for Hess Midstream LP (HESM) is 10.89B

According to Hess Midstream LP’s latest financial reports and current stock price. The company's current Enterprise Value is 10.89B. This represents a change of 41.72% compared to the average of 7.68B of the last 4 quarters.

Hess Midstream LP (HESM) Historical Enterprise Value (quarterly & annually)

How has HESM Enterprise Value performed in the past?

The mean historical Enterprise Value of Hess Midstream LP over the last ten years is 3.00B. The current 10.89B Enterprise Value has changed 36.20% with respect to the historical average. Over the past ten years (40 quarters), HESM's Enterprise Value was at its highest in in the June 2025 quarter at 8.40B. The Enterprise Value was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

3.00B

Median

2.62B

Minimum

1.02B

Maximum

6.76B

Hess Midstream LP (HESM) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Hess Midstream LP Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 76.61%

Maximum Annual Enterprise Value = 6.76B

Minimum Annual Increase = -42.18%

Minimum Annual Enterprise Value = 1.02B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20246.76B35.71%
20234.98B21.01%
20224.12B25.99%
20213.27B44.64%
20202.26B-24.39%
20192.99B66.13%
20181.80B76.61%
20171.02B-27.06%
20161.40B-0.02%
20151.40B-42.18%

Hess Midstream LP (HESM) Average Enterprise Value

How has HESM Enterprise Value performed in the past?

The current Enterprise Value of Hess Midstream LP (HESM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.29B

5-year avg

4.28B

10-year avg

3.00B

Hess Midstream LP (HESM) Enterprise Value vs. Peers

How is HESM’s Enterprise Value compared to its peers?

Hess Midstream LP’s Enterprise Value is less than Antero Midstream Corporation (11.74B), greater than National Fuel Gas Company (10.22B), less than APA Corporation (13.59B), less than Sunoco LP (14.28B), greater than South Bow Corporation (9.49B), greater than Frontline Ltd. (8.28B), greater than Range Resources Corporation (10.77B), greater than Weatherford International plc (6.02B), less than Permian Resources Corporation (14.07B), greater than NOV Inc. (7.09B),

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Frequently asked questions❓

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