Hess Midstream LP

Hess Midstream LPverified

HESM

Price:

$36.78

Market Cap:

$8.02B

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a n...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2017-04-05

Stock Exchange

NYSE

Ticker

HESM

The Current Ratio as of November 2024 (TTM) for Hess Midstream LP (HESM) is 0.70

According to Hess Midstream LP’s latest financial reports and current stock price. The company's current Current Ratio is 0.70. This represents a change of -16.62% compared to the average of 0.84 of the last 4 quarters.

Hess Midstream LP (HESM) Historical Current Ratio (quarterly & annually)

How has HESM Current Ratio performed in the past?

The mean historical Current Ratio of Hess Midstream LP over the last ten years is 0.67. The current 0.70 Current Ratio has changed 10.25% with respect to the historical average. Over the past ten years (40 quarters), HESM's Current Ratio was at its highest in in the September 2017 quarter at 2.14. The Current Ratio was at its lowest in in the March 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

0.67

Median

0.71

Minimum

0.03

Maximum

1.50

Hess Midstream LP (HESM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Hess Midstream LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.90%

Maximum Annual Current Ratio = 1.50

Minimum Annual Increase = -65.94%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.65-21.54%
20220.836.50%
20210.78-3.99%
20200.8148.96%
20190.54-58.31%
20181.31-12.76%
20171.501.90%
20160.07-65.94%
20150.22529.26%
20140.03-33.29%

Hess Midstream LP (HESM) Average Current Ratio

How has HESM Current Ratio performed in the past?

The current Current Ratio of Hess Midstream LP (HESM) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

0.75

5-year avg

0.72

10-year avg

0.67

Hess Midstream LP (HESM) Current Ratio vs. Peers

How is HESM’s Current Ratio compared to its peers?

Hess Midstream LP’s Current Ratio is less than MPLX LP (0.99), less than Western Midstream Partners, LP (1.11), less than Plains All American Pipeline, L.P. (1.01), less than Antero Midstream Corporation (1.09), greater than Holly Energy Partners, L.P. (0.11), less than Crestwood Equity Partners LP (1.31), less than Kinetik Holdings Inc. (1.39), greater than EnLink Midstream, LLC (0.42), greater than DCP Midstream, LP (0.68), less than Magellan Midstream Partners, L.P. (0.98), less than Enterprise Products Partners L.P. (1.07), less than Energy Transfer LP (1.08), less than NuStar Energy L.P. (0.81), less than Genesis Energy, L.P. (1.03),

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