Hess Midstream Partners LP

HESM.US
Energy · Oil & Gas Midstream
39.98
+0.17 (+0.43%)
USD · NYSE

Company Information

Company Name
Hess Midstream Partners LP
Sector
Energy
Industry
Oil & Gas Midstream
Exchange
NYSE
ISIN: US4281031058
CIK: 0001619739
CUSIP: 428103105
Currency: USD
Full Time Employees: 0
Phone: 832 854 1000
Fiscal Year End: December
IPO Date: Apr 05, 2017
Description:

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.

Address:

1400 Smith Street, Houston, TX, United States, 77002

People

Directors & Officers

Name Title Year Born
Mr. Jonathan C. Stein Chief Executive Officer of Hess Midstream GP LLC 1969
Mr. Michael S. Bast President & Chief Operating Officer of Hess Midstream GP LLC 1977
Mr. Michael James Chadwick Chief Financial Officer of Hess Midstream GP LLC 1973
Ms. Gabriela Betsabe Boersner Noguera General Counsel & Secretary of Hess Midstream GP LLC 1976
Jennifer Gordon Vice President of Investor Relations of Hess Midstream GP LLC NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Aug 12, 2025 John A. Gatling N/A Sale 62.46K $41.59 $2.60M
Jun 09, 2025 Geurt G. Schoonman N/A Sale 3.25K $39.10 $127.04K
May 30, 2025 Blackrock Portfolio Management N/A Sale 15.02M $36.86 $553.73M

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
ALPS Advisors Inc 30.88M Mar 31, 2026 24.06% $5.65 1.90%
The Goldman Sachs Group Inc 7.95M Mar 31, 2026 6.19% $0.04 -12.46%
Blackstone Inc 7.77M Mar 31, 2026 6.05% $1.18 113.03%
Amvescap Plc. 7.18M Mar 31, 2026 5.60% $0.03 8.51%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 7.07M Mar 31, 2026 5.51% $0.37 10.03%
Tortoise Midstream Energy Fund, Inc. 4.47M Mar 31, 2026 3.48% $1.81 1.02%
Bank of New York Mellon Corp 3.75M Mar 31, 2026 2.92% $0.03 67.50%
TD Asset Management Inc 2.20M Mar 31, 2026 1.71% $0.07 -16.19%
TD Global Investment Solutions – TD Epoch 2.08M Mar 31, 2026 1.62% $0.49 -16.75%
Neuberger Berman Group LLC 1.98M Mar 31, 2026 1.54% $0.06 -12.72%
UBS Group AG 1.96M Mar 31, 2026 1.53% $0.01 -3.64%
JPMorgan Chase & Co 1.84M Mar 31, 2026 1.43% $0.00 5.89%
FMR Inc 1.73M Mar 31, 2026 1.35% $0.00 -4.90%
Morgan Stanley - Brokerage Accounts 1.72M Mar 31, 2026 1.34% $0.00 -3.25%
ClearBridge Advisors, LLC 1.71M Mar 31, 2026 1.33% $0.06 3.79%
CI Investments Inc 1.55M Mar 31, 2026 1.21% $0.29 -1.30%
Kayne Anderson Capital Advisors LP 1.51M Mar 31, 2026 1.18% $1.13 -8.17%
Miller Howard Investments Inc 1.49M Mar 31, 2026 1.16% $1.59 3.15%
Atlantic Trust Group, LLC 1.34M Dec 31, 2025 1.04% $0.08 -20.83%
Westwood Holdings Group Inc 1.31M Mar 31, 2026 1.02% $0.37 -26.70%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Global X MLP ETF 5.30M 4.13% ▲ 0.00% Jun 30, 2026
2 Goldman Sachs MLP Energy Infras Instl 3.50M 2.72% ▼ 1.13% Jun 30, 2026
3 Invesco SteelPath MLP Income Y 3.05M 2.38% ▲ 22.00% Mar 31, 2026
4 BNY Mellon Global Infras Inc ETF 2.21M 1.72% ▲ 0.00% Jun 30, 2026
5 Tortoise Energy Infrastructure TR Ins 1.90M 1.48% ▼ 0.80% Jun 30, 2026
6 Invesco SteelPath MLP Select 40 Y 1.67M 1.30% ▲ 0.00% Mar 31, 2026
7 Invesco SteelPath MLP Alpha Y 1.60M 1.25% ▲ 0.00% Mar 31, 2026
8 Global X MLP & Energy Infrastructure ETF 1.33M 1.04% ▲ 0.25% Jun 30, 2026
9 Kayne Anderson Energy Infrastructure 1.27M 0.99% ▲ 8.74% Nov 30, 2025
10 TD Global Capital Reinvestment - I 1.01M 0.78% ▲ 0.00% Dec 31, 2025

Financial Highlights

Market Cap: $8.23B
EBITDA: $1.23B
P/E Ratio: $14.07
PEG Ratio: $1.57
Book Value: $4.04
Dividend/Share: $3.04
Dividend Yield: 7.47%
Earnings/Share: $2.83
Profit Margin: 22.64%
Operating Margin: 61.04%
ROA (TTM): 14.70%
ROE (TTM): 153.41%
Revenue (TTM): $1.63B
Revenue/Share (TTM): $12.76
Earnings Growth (YOY): 4.80%
Revenue Growth (YOY): 2.10%

Valuation Metrics

Enterprise Value: $8.98B
Trailing P/E: 14.07
Forward P/E: 14.22

Shares Statistics

Shares Outstanding: 128.35M
Shares Float: 127.68M
% Insiders: 85.90%
% Institutions: 9,002.80%
Short % Float: 6.78%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$1.62B
Cost of Goods Sold
adjust
$-584.70M
Gross Profit
subtotal
$1.04B
SG&A
adjust
$-28.50M
Operating Income
subtotal
$1.01B
Other / Non-Operating Items
adjust
$-655.20M
Net Income
subtotal
$352.90M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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