What is Hess Midstream LP's (HESM) StockRank?

MoatMap's StockRank for Hess Midstream LP (HESM) is 81/100, with a Strong Buy signal. This is a composite score combining Quality (71), Value (48), and Momentum (51) factor ranks across MoatMap's 20,000+ stock universe.

Does Hess Midstream LP have an economic moat?

Hess Midstream LP (HESM) has a Quality factor score of 71/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Hess Midstream LP a buy, hold, or sell?

MoatMap's current signal for Hess Midstream LP (HESM) is Strong Buy, based on a StockRank of 81/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Hess Midstream LP in?

Hess Midstream LP (HESM) operates in the Energy sector, specifically the Oil & Gas Midstream industry (United States).

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

HESM

STRONG BUYAPPROVE

Hess Midstream LP · Energy · United States · $7.7B · Avg Vol: $68M/d

StockRank

P/E (TTM)

12.9x

ROE

153.4%

D/E

10.1x

Dividend %

8.2%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Hess Midstream operates fee-based midstream infrastructure in the Bakken, insulated from direct commodity price volatility through long-term Minimum Volume Commitments (MVCs). With geopolitical instability in the Middle East creating a structural floor for global oil prices, Bakken production remains highly economic. HESM's toll-road business model, high free cash flow conversion, and aggressive capital return policy align perfectly with the Buffett lens of a high-moat cash compounder.

COMPANY DESCRIPTION

Hess Midstream LP is a fee-based, growth-oriented midstream energy company that owns, operates, and develops midstream assets in the Bakken shale play. The company's competitive moat is secured by long-term, dedicated contracts with minimum volume commitments from its sponsor, Hess Corporation, which insulate it from direct commodity price volatility. It operates as a highly stable, cash-generative infrastructure provider with a strong track record of dividend growth and capital return.

FINANCIAL SUMMARY (USD)

Year	2022	2023	2024	2025	CAGR
Revenue	1.3B	1.3B	1.5B	1.6B	8.3%
EPS	0.70	2.11	2.51	2.87	60.4%
Shares	128.4M	68.4M	104.1M	129.4M	+0.8%
Debt	2.9B	3.2B	3.5B	3.8B	9.3%
Equity	0	0	0	0	—
Op CF	861.1M	866.4M	940.3M	983.8M	4.5%
Inv CF	-238.2M	-223.5M	-306.1M	-255.6M	—
Fin CF	-622.0M	-640.6M	-635.3M	-730.6M	—

PRICE (1Y)-2.5%

SMA 50SMA 200

$37.21

RSI (14)

42.0

52W High

$41.09

From 52W High

0.9%

SCORE BREAKDOWN

Quality

ROIC

24.4%96.3

ROE

153.4%99.3

GP/Assets

28.7%80.6

Op. Margin

61.0%97.1

FCF/Assets

10.3%85.1

Piotroski

783.7

Int. Cover

4.5x53.0

D/E Ratio

10.06x0.9

Current Ratio

0.92x25.0

Value

P/E (TTM)

12.9x62.8

EV/EBITDA

6.8x56.1

P/FCF

16.9x42.5

P/B

9.2x4.1

P/S

4.7x15.5

Div Yield

8.2%90.4

Momentum

52W High %

91%88.2

RS 6M

1%39.3

SMA 50/200

1.08x36.0

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

+6%21.0

Q Growth

22%60.7

FUNDAMENTALS

Market Cap

$7.7B

P/E (Forward)

12.2x

Gross Margin

77.3%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of HESM are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
HESM	Hess Midstream LP(you)	$7.7B	81	STRONG BUY
PAGP	Plains GP Holdings, L.P.	$5.4B	67	BUY
AM	Antero Midstream Corporation	$10.3B	66	BUY
INSW	International Seaways, Inc.	$4.3B	95	STRONG BUY
PAA	Plains All American Pipeline, L.P.	$15.0B	61	HOLD
VNOM	Viper Energy, Inc.	$15.6B	57	HOLD
KNTK	Kinetik Holdings Inc.	$7.8B	43	HOLD
LPG	Dorian LPG Ltd.	$1.7B	94	STRONG BUY
EE	Excelerate Energy, Inc.	$4.0B	46	HOLD
GLP	Global Partners LP	$1.4B	64	HOLD

Peer medians: ROE 9.6% · P/E 18.6x · Gross margin 39.5%

Hess Midstream LP (HESM) — Stock Score Summary

Hess Midstream LP (HESM) has a MoatMap StockRank of 81/100 based on Quality (71/100), Value (48/100), and Momentum (51/100) factor scores. The current signal is STRONG BUY. Hess Midstream operates fee-based midstream infrastructure in the Bakken, insulated from direct commodity price volatility through long-term Minimum Volume Commitments (MVCs). With geopolitical instability in the Middle East creating a structural floor for global oil prices, Bakken production remains highly economic. HESM's toll-road business model, high free cash flow conversion, and aggressive capital return policy align perfectly with the Buffett lens of a high-moat cash compounder.

Key Financial Metrics

Price	$37.21
Market Cap	$7.7B
P/E (TTM)	12.90
P/E (Forward)	12.21
Price/Book	9.24
Return on Equity	153.4%
Return on Invested Capital	24.4%
Debt/Equity	1006.40
Gross Margin	77.3%
Operating Margin	61.0%
Revenue Growth	2.1%
Dividend Yield	8.2%
Free Cash Flow	$454M

Hess Midstream LP operates in the Oil & Gas Midstream industry, part of the Energy sector (United States).

Frequently Asked Questions

What is Hess Midstream LP’s (HESM) StockRank?: MoatMap’s StockRank for Hess Midstream LP (HESM) is 81/100, with a Strong Buy signal. It is a composite of Quality (71), Value (48), and Momentum (51) factor ranks across MoatMap’s 20,000+ stock universe.
Does Hess Midstream LP have an economic moat?: Hess Midstream LP (HESM) has a Quality factor score of 71/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Hess Midstream LP a buy, hold, or sell?: MoatMap’s current signal for Hess Midstream LP (HESM) is Strong Buy, based on a StockRank of 81/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Hess Midstream LP in?: Hess Midstream LP (HESM) operates in the Energy sector, specifically the Oil & Gas Midstream industry (United States).