Equites Radar

HESM · Hess Midstream LP

Oil & Gas MidstreamUnited StatesAnalyst view: Underperform

$40.64

+0.43% last session

End-of-day data · updated 2026-07-28

Bullish5 bullish · 0 bearish technical signals
Consensus: Underperform (3.57 from 6 analysts)
To mean target: -8.1%

Market cap

$8B

Enterprise value

$9B

Trailing P/E

13.8

Forward P/E

13.2

Dividend yield

7.0%

Beta

0.50

Avg volume

2M

Employees

2D change

5D change

-1.66%

10D change

-1.31%

30D change

5.68%

60D change

6.16%

MTD change

5.35%

YTD change

20.34%

Analyst Outlook

Consensus ratingUnderperform
Recommendation mean (1–5)3.57
Covering analysts6
Mean price target$37.33
Low price target$32.00
Upside to mean target-8.1%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)56.1
50-day MA$38.85
200-day MA$35.83
Price vs 50-day MA+2.9%
Price vs 200-day MA+11.6%
MACD histogram0.05
Volume vs 3-month avg0.6×
52w low $29.7552w high $40.77

Analyst sentiment over time — HESM

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-06-10

Latest call per bank · past 12 months

Morgan Stanley

Underweight

$38.00

-6.5% vs price
Downgrade · 2026-06-10

Goldman Sachs

Sell

$32.00

-21.3% vs price
▲ raised from $0.00Downgrade · 2026-04-20

Wells Fargo

Equal-Weight

$40.00

-1.6% vs price
▲ raised from $39.00Maintains · 2026-03-13

Citigroup

Neutral

$37.00

-9.0% vs price
▼ cut from $41.00Maintains · 2025-09-23

UBS

Neutral

$43.00

+5.8% vs price
▼ cut from $45.00Downgrade · 2025-09-10

JP Morgan

Neutral

$46.00

+13.2% vs price
▲ raised from $44.00Maintains · 2025-08-22

Recent rating actions

DateFirmActionRatingPrice target
2026-06-10Morgan StanleyDowngradeEqual-WeightUnderweight$38.00
2026-05-12Morgan StanleyMaintainsEqual-Weight$42.00 $38.00
2026-04-20Goldman SachsDowngradeNeutralSell$0.00 $32.00
2026-03-13Wells FargoMaintainsEqual-Weight$39.00 $40.00
2026-01-05Raymond JamesDowngradeOutperformMarket Perform$0.00
2025-10-24Raymond JamesReiteratesOutperform$48.00 $35.00
2025-09-23CitigroupMaintainsNeutral$41.00 $37.00
2025-09-19Wells FargoDowngradeOverweightEqual-Weight$48.00 $39.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 56 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 2.9% above the 50-day MA ($38.85).
  • Price vs 200-day MA: Trading 11.6% above the 200-day MA ($35.83).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.05) — short-term momentum is improving.
  • 52-week range: Price is within 5% of the 52-week high ($40.77).

HESM Price Chart

Loading chart for HESM

Fundamentals

Revenue (TTM)$2.0B
EBITDA$1.0B
Free cash flow$0M
Operating cash flow$1.0B
Book value / share$4.04
Net debt / EBITDA3.1
WACC7.0%
Revenue growth2.00%
Earnings growth5.00%

About Hess Midstream LP

Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, 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 system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 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; and other DAPL connections. 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.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.