
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
- Analyst Ratings
Upturn AI SWOT
- About


Hess Midstream Partners LP (HESM)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
03/13/2025: HESM (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type Stock | Historic Profit -14.33% | Avg. Invested days 35 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 9.69B USD | Price to earnings Ratio 16.98 | 1Y Target Price 44.6 |
Price to earnings Ratio 16.98 | 1Y Target Price 44.6 | ||
Volume (30-day avg) 1392425 | Beta 1.44 | 52 Weeks Range 31.00 - 44.05 | Updated Date 04/1/2025 |
52 Weeks Range 31.00 - 44.05 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 6.40% | Basic EPS (TTM) 2.49 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 14.92% | Operating Margin (TTM) 61.38% |
Management Effectiveness
Return on Assets (TTM) 14.47% | Return on Equity (TTM) 159.08% |
Valuation
Trailing PE 16.98 | Forward PE 12.12 | Enterprise Value 8404403501 | Price to Sales(TTM) 6.48 |
Enterprise Value 8404403501 | Price to Sales(TTM) 6.48 | ||
Enterprise Value to Revenue 5.63 | Enterprise Value to EBITDA 7.4 | Shares Outstanding 116737000 | Shares Floating 116471907 |
Shares Outstanding 116737000 | Shares Floating 116471907 | ||
Percent Insiders 1.01 | Percent Institutions 83.57 |
Analyst Ratings
Rating 4 | Target Price 40.8 | Buy 1 | Strong Buy 2 |
Buy 1 | Strong Buy 2 | ||
Hold 2 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Hess Midstream Partners LP

Company Overview
History and Background
Hess Midstream Partners LP (formerly Hess Midstream Partners GP LLC) was formed in 2014 by Hess Corporation to own, operate, develop, and acquire midstream assets. It is focused on gathering, compressing, processing, and transporting natural gas and crude oil in the Bakken and Three Forks shale plays in North Dakota.
Core Business Areas
- Gathering: Collects crude oil, natural gas, and produced water from wellheads and transports it to processing and transportation facilities.
- Processing: Processes natural gas to remove impurities and extract natural gas liquids (NGLs).
- Transportation: Transports crude oil, natural gas, and NGLs through pipelines and other modes of transportation.
- Terminaling and Storage: Provides storage and terminaling services for crude oil, natural gas, and NGLs.
Leadership and Structure
The General Partner of Hess Midstream LP is Hess Midstream GP LLC. The leadership team consists of executive officers reporting to the board of directors of the general partner.
Top Products and Market Share
Key Offerings
- Crude Oil Gathering: Collects crude oil from wellheads and transports it to processing and transportation facilities. Market share data is difficult to ascertain due to the fragmented nature of gathering systems in the Bakken. Competitors include other midstream operators in the region like ONEOK and MPLX.
- Natural Gas Gathering and Processing: Gathers and processes natural gas to remove impurities and extract NGLs. Market share is difficult to ascertain, but they are a significant player in the Bakken. Competitors include other midstream operators in the region like ONEOK and MPLX.
- Water Handling: Provides produced water gathering and disposal services. Market share is difficult to ascertain but is critical for environmental sustainability. Competitors include other midstream operators in the region.
Market Dynamics
Industry Overview
The midstream sector is crucial for connecting energy producers with end-users. Growth is driven by increasing oil and gas production, particularly in shale plays. Infrastructure development is vital for handling growing volumes and meeting environmental standards.
Positioning
Hess Midstream Partners LP holds a strategically important position in the Bakken shale play. Its relationship with Hess Corporation provides a competitive advantage, but it is still susceptible to price fluctuations.
Total Addressable Market (TAM)
The TAM for midstream services in the Bakken region is estimated to be in the billions of dollars annually. Hess Midstream Partners LP is positioned to capture a significant share of this market through its existing infrastructure and strategic partnerships.
Upturn SWOT Analysis
Strengths
- Strategic asset footprint in the Bakken
- Strong relationship with Hess Corporation
- Stable cash flows from long-term contracts
- Operational expertise in midstream services
Weaknesses
- Geographic concentration in the Bakken
- Dependence on Hess Corporation's production activity
- Exposure to commodity price volatility
- Potential conflicts of interest due to affiliation with Hess Corporation
Opportunities
- Expansion of midstream infrastructure in the Bakken
- Acquisition of complementary assets
- Development of new midstream services
- Increased demand for natural gas and NGLs
Threats
- Decline in oil and gas prices
- Increased regulation of the oil and gas industry
- Competition from other midstream operators
- Environmental concerns related to oil and gas production
Competitors and Market Share
Key Competitors
- ONEOK (OKE)
- MPLX (MPLX)
- Energy Transfer (ET)
Competitive Landscape
Hess Midstream Partners LP's competitive advantages include its strategic asset footprint in the Bakken and relationship with Hess Corporation. Disadvantages could include geographic concentration and dependence on Hess Corporation's production activity.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends cannot be accurately provided, as Hess Midstream Partners LP has been acquired and current data is not available.
Future Projections: Future projections cannot be provided as Hess Midstream Partners LP has been acquired.
Recent Initiatives: Recent strategic initiatives are not accessible, as Hess Midstream Partners LP has been acquired.
Summary
Hess Midstream Partners LP had a strategic asset base in the Bakken, but recent acquisition information is needed to fully evaluate its current position. The company benefited from its relationship with Hess, which provided stable cash flows. The primary risks included geographic concentration and commodity price volatility. Growth opportunities existed in expanding infrastructure and acquiring assets but regulation and competition were potential threats.
Similar Companies
- OKE
- MPLX
- ET
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
Disclaimers:
Data and analysis are based on available information. Market conditions can change, and the information provided should not be considered financial advice. Analysis is limited by the acquisition of Hess Midstream Partners, which restricts access to current financial data and future projections. HESM Stock Symbol is used for simplicity and continuity. It is important to consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Hess Midstream Partners LP
Exchange NYSE | Headquaters Houston, TX, United States | ||
IPO Launch date 2017-04-05 | Chairman & CEO of Hess Midstream GP LLC Mr. John B. Hess | ||
Sector Energy | Industry Oil & Gas Midstream | Full time employees - | Website https://www.hessmidstream.com |
Full time employees - | Website https://www.hessmidstream.com |
Hess Midstream LP owns, operates, develops, and acquires midstream assets and provide fee-based services to Hess 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 systems consists of approximately 1,415 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 675 million cubic feet per day; crude oil gathering system comprises approximately 590 miles of crude oil gathering pipelines; and produced water gathering system that includes approximately 330 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. 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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.