Stock events for Hess Midstream LP (HESM)
Over the past six months, Hess Midstream LP's stock experienced several notable events. In Q4 2025, the company reported adjusted EPS of $0.72 and revenue of $404.2 million, falling short of estimates due to severe winter weather. The Board declared an increased quarterly cash distribution of $0.7641 per Class A share for Q4 2025. The stock had been trending positively before the earnings report. Hess Midstream consistently pays quarterly dividends and has been increasing its dividend for 8 years. Hess Midstream Partners has a consensus rating of "Reduce" with a consensus price target of $40.57. Over the past year, HESM's stock moved between $31.63 and $44.14 and underperformed the US Oil and Gas industry and the broader US Market.
Demand Seasonality affecting Hess Midstream LP’s stock price
The provided information does not explicitly detail the demand seasonality for Hess Midstream LP's products and services. However, its demand is generally tied to the production levels of its upstream customers in the Bakken and Three Forks Shale plays, which can be influenced by commodity prices, drilling activity, and weather. The company's guidance for 2023-2025 anticipated approximately 10% annualized growth in throughput volumes across gas, oil, and water systems, suggesting a general growth trend rather than explicit seasonality.
Overview of Hess Midstream LP’s business
Hess Midstream LP (HESM) is a fee-based, growth-oriented midstream company in the Oil & Gas Transportation Services sector. It owns, operates, develops, and acquires midstream assets, providing services to Hess Corporation and third-party customers. The company's business is structured around gathering, processing and storage, and terminaling and export. The Gathering segment includes natural gas and crude oil gathering systems, and produced water gathering and disposal facilities. The Processing and Storage segment encompasses the Tioga Gas Plant and the Mentor Storage Terminal. The Terminaling and Export segment owns assets such as the Ramberg Terminal Facility, the Tioga Rail Terminal, and connections to the Dakota Access Pipeline.
HESM’s Geographic footprint
Hess Midstream LP's primary geographic footprint is concentrated in the Williston Basin area of North Dakota, specifically in the Bakken and Three Forks Shale plays. The company also has a propane storage cavern and rail and truck loading/unloading facility in Mentor, Minnesota.
HESM Corporate Image Assessment
Based on the provided search results, there is no specific information detailing Hess Midstream LP's brand reputation in terms of public perception, awards, or controversies that have significantly impacted the company in the past year. The available information focuses on financial performance, operational milestones, and stock-related events.
Ownership
Hess Midstream LP has a significant institutional ownership base, with 390 institutional owners and shareholders holding a total of 178,806,388 shares. Major institutional owners include Alps Advisors Inc., AMLP - ALERIAN MLP ETF, Goldman Sachs Group Inc., Invesco Ltd., MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd., Tortoise Capital Advisors, L.l.c., MLPA - Global X MLP ETF, Blackstone Group Inc., GLPAX - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares and Artemis Investment Management LLP.
Ask Our Expert AI Analyst
Price Chart
$38.01