HESM

Strong BuyPremium GrowerFLAG

Hess Midstream LP · Energy · United States · $8.0B · Avg Vol: $50M/d

Premium Grower: Strong business with the market behind it, but you are paying up for it.

80
StockRank
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Quality
75
Value
47
Momentum
54
P/E (TTM)
13.8x
peers 17.2x
ROE
150.7%
peers 9.4%
D/E
9.5x
peers 0.5x
Dividend %
7.7%
trailing yield
AI CONVICTION THESIS

Hess Midstream has strong quality at Q75 and momentum M62 with a buyback on file, but value at V44 is below the calibrated floor, so stage one fails.

The ranks quoted here are from the day it was written; today's Quality, Value and Momentum are the bars above.

ABOUT HESS MIDSTREAM LP

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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)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue1.3B1.3B1.5B1.6B8.3%1.6B1.6B1.7B1.5%
EPS0.702.112.512.8760.4%2.902.832.951.4%
Shares128.4M68.4M104.1M129.4M+0.8%128.4M———
Debt2.9B3.2B3.5B3.8B9.3%3.7B———
Equity0000—————
Op CF861.1M866.4M940.3M983.8M4.5%1.0B———
Inv CF-238.2M-223.5M-306.1M-255.6M—————
Fin CF-622.0M-640.6M-635.3M-730.6M—————
Loading 1Y...
PRICE (1Y)-4.3%
38.7839.3339.8840.4240.97Aug 11Sep 1Sep 23
SMA 50SMA 200

Close
$38.78
RSI (14)
35.1
52W High
$41.32
From 52W High
0.9%

SCORE BREAKDOWN

Quality
75
ROIC
24.3%93.7
ROE
150.7%98.8
GP/Assets
28.5%81.5
Op. Margin
63.5%95.5
FCF/Assets
19.1%94.8
Piotroski
782.8
Int. Cover
4.6x52.9
D/E Ratio
9.48x0.6
Current Ratio
0.77x15.8
Value
47
P/E (TTM)
13.8x54.0
EV/EBITDA
7.1x49.1
P/FCF
9.5x60.7
P/B
10.0x5.7
P/S
5.1x15.3
Div Yield
7.7%88.8
Momentum
54
52W High %
94%84.1
RS 6M
-17%37.4
SMA 50/200
1.08x59.7
EPS Rev 4W
+1.5%67.9
EPS Rev 12W
+1.3%64.1
EPS Improve
+7%29.7
Q Growth
7%29.0

FUNDAMENTALS

Market Cap
$8.0B
P/E (Forward)
13.0x
Gross Margin
77.5%

SECTOR PEERS

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

TickerCompanyMkt CapStockRankSignal
HESMHess Midstream LP(you)$8.0B80Strong Buy
INSWInternational Seaways, Inc.$5.1B88Strong Buy
PAGPPlains GP Holdings, L.P.$6.2B65Hold
PAAPlains All American Pipeline, L.P.$17.2B69Buy
CQPCheniere Energy Partners, L.P.$31.1B76Buy
PBTPermian Basin Royalty Trust$1.5B79Buy
KNTKKinetik Holdings Inc.$9.0B48Hold
GLPGlobal Partners LP$1.6B77Buy
AMAntero Midstream Corporation$10.1B48Hold
LPGDorian LPG Ltd.$2.3B97Strong Buy

Peer medians: ROE 9.4% · P/E 17.2x · Gross margin 43.3%

Company Deep Dive

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Hess Midstream LP (HESM): Stock Score Summary

Hess Midstream LP (HESM) has a MoatMap StockRank of 80/100 based on Quality (75/100), Value (47/100), and Momentum (54/100) factor scores. The current signal is STRONG BUY. Hess Midstream has strong quality at Q75 and momentum M62 with a buyback on file, but value at V44 is below the calibrated floor, so stage one fails.

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.

Key Financial Metrics

Price$38.78
Market Cap$8.0B
P/E (TTM)13.85
P/E (Forward)12.98
Price/Book10.02
Return on Equity150.7%
Return on Invested Capital24.3%
Debt/Equity9.48x
Gross Margin77.5%
Operating Margin63.5%
Revenue Growth-3.7%
Dividend Yield7.7%
Free Cash Flow$838M

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 80/100, with a Strong Buy signal. It is a composite of Quality (75), Value (47), and Momentum (54) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does Hess Midstream LP have an economic moat?
Hess Midstream LP (HESM) has a Quality factor score of 75/100. 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 80/100. 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).