Hess MidstreamHESM
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
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $8.66M
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
46% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 72
20% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]
6% more capital invested
Capital invested by funds: $3.32B [Q3] → $3.53B (+$204M) [Q4]
3% more funds holding
Funds holding: 252 [Q3] → 260 (+8) [Q4]
11.58% less ownership
Funds ownership: 103.11% [Q3] → 91.53% (-11.58%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Citigroup Spiro Dounis 86% 1-year accuracy 25 / 29 met price target | 8%upside $44 | Buy Maintained | 18 Feb 2025 |
Wells Fargo Praneeth Satish 67% 1-year accuracy 8 / 12 met price target | 3%upside $42 | Equal-Weight Maintained | 4 Feb 2025 |
Raymond James JR Weston 50% 1-year accuracy 1 / 2 met price target | 18%upside $48 | Outperform Reiterated | 30 Jan 2025 |
Financial journalist opinion
Based on 12 articles about HESM published over the past 30 days
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