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hess midstream partners lp - HESM

HESM

Close Chg Chg %
36.96 0.67 1.81%

Closed Market

37.63

+0.67 (1.81%)

Volume: 589.87K

Last Updated:

Dec 3, 2024, 3:59 PM EDT

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Company Overview: hess midstream partners lp - HESM

HESM Key Data

Open

$37.00

 Day Range

36.85 - 37.68

52 Week Range

30.08 - 39.09

 Market Cap

$3.85B

Shares Outstanding

104.07M

 Public Float

102.23M

Beta

1.50

 Rev. Per Employee

N/A

P/E Ratio

15.65

 EPS

$2.36

Yield

713.61%

 Dividend

$0.68

EX-DIVIDEND DATE

Nov 7, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

714.69K

  

HESM Performance

1 Week
 
 -2.45%
 
1 Month
 
 6.82%
 
3 Months
 
 3.01%
 
1 Year
 
 12.92%
 
5 Years
 
 79.73%
 

HESM Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 5
Full Ratings ➔

About hess midstream partners lp - HESM

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded in 2014 and is headquartered in Houston, TX.

HESM At a Glance

Hess Midstream LP
1501 McKinney Street
Houston, Texas 77010
Phone 1-713-496-4200 Revenue 1.35B
Industry Integrated Oil Net Income 118.60M
Sector Energy Minerals 2023 Sales Growth 5.756%
Fiscal Year-end 12 / 2024 Employees 211
View SEC Filings

HESM Valuation

P/E Current 15.651
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 15.015
Price to Sales Ratio 1.32
Price to Book Ratio 6.356
Price to Cash Flow Ratio 2.055
Enterprise Value to EBITDA 4.963
Enterprise Value to Sales 3.715
Total Debt to Enterprise Value 0.641

HESM Efficiency

Revenue/Employee 6,391,469.194
Income Per Employee 562,085.308
Receivables Turnover 10.841
Total Asset Turnover 0.366

HESM Liquidity

Current Ratio 0.651
Quick Ratio 0.651
Cash Ratio 0.026

HESM Profitability

Gross Margin 62.517
Operating Margin 60.574
Pretax Margin 47.872
Net Margin 8.794
Return on Assets 3.215
Return on Equity 40.526
Return on Total Capital 3.339
Return on Invested Capital 3.558

HESM Capital Structure

Total Debt to Total Equity 943.974
Total Debt to Total Capital 90.421
Total Debt to Total Assets 84.745
Long-Term Debt to Equity 940.30
Long-Term Debt to Total Capital 90.069
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hess Midstream Partners Lp - HESM

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
1.09B 1.20B 1.28B 1.35B
Sales Growth
+28.72% +10.25% +5.93% +5.76%
Cost of Goods Sold (COGS) incl D&A
494.30M 453.90M 460.90M 505.50M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
156.90M 165.60M 181.30M 192.50M
Depreciation
156.90M 165.60M 181.30M 192.50M
Amortization of Intangibles
- - - -
-
COGS Growth
+17.89% -8.17% +1.54% +9.68%
Gross Income
597.60M 749.90M 814.30M 843.10M
Gross Income Growth
+39.30% +25.49% +8.59% +3.54%
Gross Profit Margin
+54.73% +62.29% +63.86% +62.52%
2020 2021 2022 2023 5-year trend
SG&A Expense
21.10M 22.70M 23.10M 26.20M
Research & Development
- - - -
-
Other SG&A
21.10M 22.70M 23.10M 26.20M
SGA Growth
-19.47% +7.58% +1.76% +13.42%
Other Operating Expense
- - - -
-
Unusual Expense
- - - -
-
EBIT after Unusual Expense
576.50M 727.20M 791.20M 816.90M
Non Operating Income/Expense
10.40M 10.60M 5.30M 7.70M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
10.30M 10.60M 5.30M 7.70M
Interest Expense
94.70M 105.40M 149.30M 179.00M
Interest Expense Growth
+51.76% +11.30% +41.65% +19.89%
Gross Interest Expense
94.70M 105.40M 149.30M 179.00M
Interest Capitalized
- - - -
-
Pretax Income
492.20M 632.40M 647.20M 645.60M
Pretax Income Growth
+54.97% +28.48% +2.34% -0.25%
Pretax Margin
+45.08% +52.53% +50.75% +47.87%
Income Tax
7.30M 14.60M 26.60M 37.90M
Income Tax - Current - Domestic
- 2.10M 3.80M 6.70M
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- 12.50M 22.80M 31.20M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
10.30M 10.60M 5.30M 7.70M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
484.90M 617.80M 620.60M 607.70M
Minority Interest Expense
460.90M 571.40M 536.70M 489.10M
Net Income
24.00M 46.40M 83.90M 118.60M
Net Income Growth
-64.02% +93.33% +80.82% +41.36%
Net Margin Growth
+2.20% +3.85% +6.58% +8.79%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
24.00M 46.40M 83.90M 118.60M
Preferred Dividends
- - - -
-
Net Income Available to Common
24.00M 46.40M 83.90M 118.60M
EPS (Basic)
1.3333 1.8125 2.0315 2.1103
EPS (Basic) Growth
-64.02% +35.94% +12.08% +3.88%
Basic Shares Outstanding
18.00M 25.60M 41.30M 56.20M
EPS (Diluted)
1.326 1.8054 2.0266 2.1066
EPS (Diluted) Growth
-64.22% +36.15% +12.25% +3.95%
Diluted Shares Outstanding
18.10M 25.70M 41.40M 56.30M
EBITDA
733.40M 892.80M 972.50M 1.01B
EBITDA Growth
+34.49% +21.73% +8.93% +3.79%
EBITDA Margin
+67.17% +74.17% +76.26% +74.85%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 40.20
Number of Ratings 5 Current Quarters Estimate 0.687
FY Report Date 12 / 2024 Current Year's Estimate 2.446
Last Quarter’s Earnings 0.63 Median PE on CY Estimate N/A
Year Ago Earnings 2.08 Next Fiscal Year Estimate 3.177
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 6 7 7
Mean Estimate 0.69 0.75 2.45 3.18
High Estimates 0.78 1.00 2.63 4.28
Low Estimate 0.48 0.48 2.17 1.98
Coefficient of Variance 14.26 22.47 7.07 21.81

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 2 2
OVERWEIGHT 1 1 1
HOLD 2 2 2
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Hess Midstream Partners Lp - HESM

Date Name Shares Transaction Value
Jun 5, 2024 Hess Infrastructure Partners GP LLC Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.02 per share 0.00
Jun 5, 2024 Hess Infrastructure Partners GP LLC Director 1,500,000 Conversion of derivative security 0.00
Jun 5, 2024 Hess Infrastructure Partners GP LLC Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $34.02 per share 0.00
Jun 5, 2024 Hess Infrastructure Partners GP LLC Director 10,000,000 Conversion of derivative security 0.00
Mar 14, 2024 John A. Gatling President and COO 56,732 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.78 per share 2,029,870.96
Mar 13, 2024 John Patrick Reddy Director 1,855 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2024 Stephen J. J. Letwin Director 28,956 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 Stephen J. J. Letwin Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 Stephen J. J. Letwin Director 1,855 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2024 Jonathan C. Stein Chief Financial Officer 7,135 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2024 David W. Niemiec Director 47,060 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO 56,016 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO 58,963 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO 2,486 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO 5,896 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John A. Gatling President and COO 7,135 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2024 John Patrick Reddy Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 John Patrick Reddy Director 20,970 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 13, 2024 David W. Niemiec Director 1,855 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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