Hess Midstream LP HESM
Oil & Gas Production · IPO 2017 · data as of November 13, 2026
Hess Midstream LP (HESM) is a energy company listed in the US with a market value of about $6.4B. In the twelve months to September 30, 2026 it had revenue of $1.6B and net income of $377M, a net margin of 23.5%.
Its overall Stock Analiz score is 2.2 out of 5 (weak). The strongest part is value (4/5); the weakest is future growth (1/5).
Key numbers: a P/E of 10.6, a price to free cash flow of 7.1, 5-year revenue growth of 8% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 47% below the current price.
Score: 2.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Profit margin improving
- 5-year revenue growth above 8% a year
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
- ROE above 15%
Valuation
Growth and quality
Financials, last 9 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.5B | $1.3B | $1.3B | $1.2B | $1.1B | $848M | $713M | $580M |
| Net income | $377M | $353M | $223M | $119M | $84M | $46M | $24M | $70M | $71M | $41M |
| Free cash flow | $901M | $728M | $634M | $643M | $623M | $632M | $341M | $164M | $225M | $192M |
| EPS (diluted) | $2.92 | $1.71 | — | — | — | — | — | — | — | — |
| Net margin | 23.5% | 21.8% | 14.9% | 8.8% | 6.6% | 3.9% | 2.2% | 8.3% | 9.9% | 7.1% |
| ROIC | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $32.57, 5% above the current price; targets range from $30.00 to $34.00; the consensus rating is “Underperform”; expected EPS is $2.93 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Hess Midstream LP’s P/E ratio?
About 10.6, based on the last twelve months of diluted earnings per share (forward P/E about 11.0).
Is Hess Midstream LP stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 47% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Hess Midstream LP pay a dividend?
Yes. The dividend yield is about 10.33%.
Is Hess Midstream LP a good stock to buy?
We do not give buy or sell advice. Hess Midstream LP scores 2.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
Similar companies
Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.