Stock HESM HESS MIDSTREAM LP
Add to a list
To use this feature you must be a member
Log inSign up

Financials Hess Midstream LP

Equities

HESM

US4281031058

Oil & Gas Transportation Services

Market Closed - Nyse
Other stock markets
 04:00:02 2024-04-26 pm EDT 		5-day change 1st Jan Change
34.91 USD -0.09% Intraday chart for Hess Midstream LP -1.19% +10.37%
Apr. 25 Transcript : Hess Midstream LP, Q1 2024 Earnings Call, Apr 25, 2024
Apr. 25 Earnings Flash (HESM) HESS MIDSTREAM LP Posts Q1 Revenue $355.6M MT

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 407.3 352.8 930.1 1,317 2,162 2,790 - -
Enterprise Value (EV) 1 2,158 2,260 3,491 4,199 2,162 6,238 6,350 6,584
P/E ratio 18.9 x 14.9 x 15.7 x 14.9 x 15.2 x 13.7 x 11.8 x 9.95 x
Yield 1.88% 8.97% 7.18% 7.48% 7.71% 7.7% 8.22% 8.94%
Capitalization / Revenue 0.48 x 0.32 x 0.77 x 1.03 x 1.6 x 1.87 x 1.66 x 1.55 x
EV / Revenue 2.54 x 2.07 x 2.9 x 3.29 x 1.6 x 4.17 x 3.77 x 3.65 x
EV / EBITDA 4.22 x 3.02 x 3.84 x 4.27 x 2.12 x 5.39 x 4.94 x 4.77 x
EV / FCF - 5.68 x 5.98 x 6.74 x 3.48 x 9.47 x 8.46 x 8.6 x
FCF Yield - 17.6% 16.7% 14.8% 28.7% 10.6% 11.8% 11.6%
Price to Book 2.52 x 44.5 x 34.3 x 29.3 x - 25.3 x 25.3 x -
Nbr of stocks (in thousands) 17,961 18,028 33,663 44,003 68,358 79,921 - -
Reference price 2 22.68 19.57 27.63 29.92 31.63 34.91 34.91 34.91
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 848.3 1,092 1,204 1,275 1,349 1,496 1,685 1,802
EBITDA 1 511.4 748.8 908.5 982.9 1,022 1,158 1,285 1,382
EBIT 1 376.6 576.5 727.2 791.2 816.9 947.1 1,057 1,151
Operating Margin 44.39% 52.8% 60.41% 62.05% 60.57% 63.32% 62.73% 63.88%
Earnings before Tax (EBT) 1 372.6 - 632.4 - 645.6 768.1 847.9 917.3
Net income 1 66.7 - 46.4 83.9 118.6 177.8 196 294.4
Net margin 7.86% - 3.85% 6.58% 8.79% 11.89% 11.63% 16.34%
EPS 2 1.200 1.310 1.760 2.010 2.080 2.551 2.970 3.508
Free Cash Flow 1 - 397.9 583.9 622.9 620.7 658.7 750.7 765.5
FCF margin - 36.44% 48.5% 48.85% 46.03% 44.04% 44.56% 42.48%
FCF Conversion (EBITDA) - 53.14% 64.27% 63.37% 60.72% 56.88% 58.41% 55.4%
FCF Conversion (Net income) - - 1,258.41% 742.43% 523.36% 370.54% 383.05% 260.03%
Dividend per Share 2 0.4258 1.756 1.984 2.237 2.438 2.688 2.871 3.122
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 303.9 316.3 312.4 313.4 334.8 314.6 305 324 363.1 356.5 355.6 366.4 385.4 395.2 400.8
EBITDA 1 205 246.6 241.6 242.6 253.6 245.1 239 248.1 271 264.1 275.8 282.7 293.1 302.7 310.7
EBIT 1 159.2 199.9 195.5 195.3 204 196.4 188.7 198.1 220 210.1 222 227.2 244.7 253.2 256.6
Operating Margin 52.39% 63.2% 62.58% 62.32% 60.93% 62.43% 61.87% 61.14% 60.59% 58.93% 62.43% 62% 63.5% 64.07% 64.04%
Earnings before Tax (EBT) 1 - - - 158.9 - - 148.7 156 - 164.7 176.2 181.1 200.4 210.4 206.3
Net income 1 - - 16.9 22 - - 20.7 25.1 35.3 37.5 44.6 46.18 48.2 50.4 44.26
Net margin - - 5.41% 7.02% - - 6.79% 7.75% 9.72% 10.52% 12.54% 12.61% 12.51% 12.76% 11.04%
EPS 2 0.3800 0.5100 0.4900 0.5000 0.5300 0.4900 0.4700 0.5000 0.5700 0.5500 0.5900 0.6182 0.6483 0.6765 0.6750
Dividend per Share 2 0.5104 0.5167 0.5492 0.5559 0.5627 0.5696 0.5851 0.6011 0.6175 0.6343 0.6387 0.6700 0.6800 0.7000 0.7017
Announcement Date 10/27/21 1/26/22 4/27/22 7/27/22 10/26/22 1/25/23 4/26/23 7/26/23 11/2/23 1/31/24 4/25/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,750 1,908 2,561 2,883 - 3,448 3,560 3,794
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.422 x 2.547 x 2.819 x 2.933 x - 2.977 x 2.77 x 2.746 x
Free Cash Flow 1 - 398 584 623 621 659 751 766
ROE (net income / shareholders' equity) - 18.7% 28.2% 37.4% - 106% 68.5% -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 8.990 0.4400 0.8100 1.020 - 1.380 1.380 -
Cash Flow per Share - 35.50 31.00 - - - - -
Capex 1 396 274 187 238 246 271 280 283
Capex / Sales 46.63% 25.1% 15.5% 18.68% 18.22% 18.11% 16.61% 15.73%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/31/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Hess Midstream LP

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
34.91 USD
Average target price
37.6 USD
Spread / Average Target
+7.71%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Oil & Gas Transportation Services

1st Jan change Capi.
HESS MIDSTREAM LP Stock Hess Midstream LP
+10.37% 2.79B
ENBRIDGE INC. Stock Enbridge Inc.
+2.64% 76.02B
ENTERPRISE PRODUCTS PARTNERS L.P. Stock Enterprise Products Partners L.P.
+10.28% 63.11B
WILLIAMS COMPANIES Stock Williams Companies
+12.72% 47.84B
ONEOK, INC.. Stock Oneok, Inc..
+15.44% 47.31B
MPLX LP Stock MPLX LP
+14.24% 42.4B
KINDER MORGAN, INC. Stock Kinder Morgan, Inc.
+5.90% 41.46B
TC ENERGY CORPORATION Stock TC Energy Corporation
-4.75% 37.36B
CHENIERE ENERGY PARTNERS, L.P. Stock Cheniere Energy Partners, L.P.
-1.57% 23.72B
PEMBINA PIPELINE CORPORATION Stock Pembina Pipeline Corporation
+7.32% 20.73B
Other Oil & Gas Transportation Services
  1. Stock Market
  2. Equities
  3. HESM Stock
  4. Financials Hess Midstream LP