HESM icon

Hess Midstream

37.34 USD
+0.31
0.84%
Updated Jan 2, 1:10 PM EST
1 day
0.84%
5 days
0.43%
1 month
1.00%
3 months
4.04%
6 months
1.58%
Year to date
17.72%
1 year
17.72%
5 years
66.47%
10 years
45.86%
 

About: Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage, and terminaling and exporting. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.

Employees: 211

0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

193% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 42

135% more call options, than puts

Call options by funds: $21.3M | Put options by funds: $9.05M

67% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 5 (+2) [Q3]

33% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 30

6% more capital invested

Capital invested by funds: $3.12B [Q2] → $3.32B (+$201M) [Q3]

4% more funds holding

Funds holding: 240 [Q2] → 250 (+10) [Q3]

4.14% less ownership

Funds ownership: 107.25% [Q2] → 103.11% (-4.14%) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for HESM.

Financial journalist opinion

Based on 5 articles about HESM published over the past 30 days

Positive
24/7 Wall Street
5 days ago
4 High-Yield Stocks With 7% and Higher Dividends Are 2025 Home Runs
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
4 High-Yield Stocks With 7% and Higher Dividends Are 2025 Home Runs
Neutral
Business Wire
1 week ago
Hess Midstream LP to Participate in Investor Conferences
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN INVESTOR CONFERENCES.
Hess Midstream LP to Participate in Investor Conferences
Neutral
Business Wire
3 weeks ago
Hess Midstream LP Publishes Sustainability Report
HOUSTON--(BUSINESS WIRE)--Hess Midstream LP (NYSE: HESM) today announced publication of its 2023 Sustainability Report as part of its commitment to transparency about environmental, social and governance plans and performance. The report is available on the Hess Midstream website. Leading sustainability reporting frameworks were used to develop the Hess Midstream Sustainability Report including the Energy Infrastructure Council and GPA Midstream Association Environment, Social and Governance Re.
Hess Midstream LP Publishes Sustainability Report
Positive
24/7 Wall Street
3 weeks ago
Why 5 Ultra-High-Yield Dividend Energy MLPs Could Be Biggest Trump Trade Winners
Over the years, some have considered the energy trade an old-school relic.
Why 5 Ultra-High-Yield Dividend Energy MLPs Could Be Biggest Trump Trade Winners
Neutral
Business Wire
4 weeks ago
Hess Midstream LP to Participate in Wells Fargo Annual Midstream, Energy & Utilities Symposium
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP TO PARTICIPATE IN WELLS FARGO ANNUAL MIDSTREAM, ENERGY & UTILITIES SYMPOSIUM.
Hess Midstream LP to Participate in Wells Fargo Annual Midstream, Energy & Utilities Symposium
Positive
Seeking Alpha
2 months ago
16 Upcoming Dividend Increases
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
16 Upcoming Dividend Increases
Neutral
Seeking Alpha
2 months ago
Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript
Hess Midstream LP (NYSE:HESM ) Q3 2024 Results Conference Call October 30, 2024 12:00 PM ET Company Participants Jennifer Gordon - VP, IR John Gatling - President, COO Jonathan Stein - CFO Conference Call Participants Naomi Marfatia - UBS Jackie Koletas - Goldman Sachs Doug Irwin - Citi Noah Katz - JPMorgan Praneeth Satish - Wells Fargo Operator Good day, ladies and gentlemen, and welcome to the Third Quarter 2024 Hess Midstream Conference Call. My name is Gigi, and I'll be your operator for today.
Hess Midstream LP (HESM) Q3 2024 Earnings Call Transcript
Neutral
Business Wire
2 months ago
Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the "company") today reported third quarter 2024 net income of $164.7 million compared with net income of $164.8 million for the third quarter of 2023. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $58.6 million, or $0.63 basic earnings per Class A share, compared with $0.57 basic earnings per Class A share in the third quarter of 2023. Hess Midstream generated Adjusted EB.
Hess Midstream LP Reports Estimated Results for the Third Quarter of 2024
Neutral
Business Wire
2 months ago
Hess Midstream LP Announces Distribution Per Share Level Increase
HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES DISTRIBUTION PER SHARE LEVEL INCREASE.
Hess Midstream LP Announces Distribution Per Share Level Increase
Positive
Seeking Alpha
2 months ago
October's 5 Dividend Growth Stocks With 5.10%+ Yields
Dividend growth stocks can offer a passive way to grow your cash flow over time that can be used to pay the bills during retirement. We screen for some attractive names to consider, looking at dividend safety, growth and consistency, highlighting 5 that come with some of the highest yields. This month, we have 3 familiar names that make the screening regularly, but we also have 2 new names that we haven't touched on previously.
October's 5 Dividend Growth Stocks With 5.10%+ Yields
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