Hess Midstream LP

Hess Midstream LPverified

HESM

Price:

$38.49

Market Cap:

$7.95B

Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features ...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2017-04-05

Stock Exchange

NYSE

Ticker

HESM

The Enterprise Value as of June 2026 (TTM) for Hess Midstream LP (HESM) is 11.72B

According to Hess Midstream LP’s latest financial reports and current stock price. The company's current Enterprise Value is 11.72B. This represents a change of 39.05% compared to the average of 8.43B 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 3.67B. The current 11.72B Enterprise Value has changed 31.84% with respect to the historical average. Over the past ten years (40 quarters), HESM's Enterprise Value was at its highest in in the March 2026 quarter at 8.79B. The Enterprise Value was at its lowest in in the June 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

3.67B

Median

3.14B

Minimum

1.08B

Maximum

8.02B

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 = 66.50%

Maximum Annual Enterprise Value = 8.02B

Minimum Annual Increase = -24.39%

Minimum Annual Enterprise Value = 1.08B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20258.02B18.54%
20246.76B35.71%
20234.98B21.01%
20224.12B25.18%
20213.29B45.58%
20202.26B-24.39%
20192.99B66.13%
20181.80B66.50%
20171.08B-22.63%
20161.40B-0.02%

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

6.59B

5-year avg

5.43B

10-year avg

3.67B

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 (14.01B), greater than National Fuel Gas Company (9.77B), less than APA Corporation (17.33B), greater than Sunoco LP (9.70B), less than South Bow Corporation (13.12B), greater than Frontline Ltd. (10.86B), greater than Range Resources Corporation (10.07B), greater than Weatherford International plc (7.94B), less than Permian Resources Corporation (17.50B), greater than NOV Inc. (8.58B),

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