Hess Midstream (HESM)

• Market cap: $5.14B
• 1 day: -0.13%
• 5 days: -2.22%
• 1 month: -4.69%
• 3 months: 0.8%
• 6 months: -9.1%
• Year to date: 4.39%
• 1 year: 5.54%
• 5 years: 137.39%
• 10 years: 53.28%
• Sector: Energy
• Industry: Oil & Gas Midstream

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: 220

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

236% more call options, than puts

Call options by funds: $21.2M | Put options by funds: $6.3M

69% more repeat investments, than reductions

Existing positions increased: 122 | Existing positions reduced: 72

4.91% more ownership

Funds ownership: 92.97% [Q1] → 97.88% (+4.91%) [Q2]

2% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 46

1% less funds holding

Funds holding: 272 [Q1] → 270 (-2) [Q2]

5% less capital invested

Capital invested by funds: $4.6B [Q1] → $4.39B (-$211M) [Q2]

13% less funds holding in top 10

Funds holding in top 10: 8 [Q1] → 7 (-1) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $41
• Avg. target: $45
• High target: $48

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Citigroup Spiro Dounis	$41	Neutral Downgraded	11 Sep 2025
UBS Manav Gupta	$43	Neutral Downgraded	10 Sep 2025
JP Morgan Jeremy Tonet	$46	Neutral Maintained	22 Aug 2025
Wells Fargo Praneeth Satish	$48	Overweight Maintained	1 Aug 2025
Morgan Stanley Robert Kad	$48	Equal-Weight Reinstated	25 Jul 2025