Hess Midstream LP

Hess Midstream LPverified

HESM

Price:

$37.12

Market Cap:

$8.20B

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 September 2024 (TTM) for Hess Midstream LP (HESM) is 1.11

According to Hess Midstream LP’s latest financial reports and current stock price. The company's current Current Ratio is 1.11. This represents a change of 29.41% compared to the average of 0.86 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 1.11 Current Ratio has changed 16.41% 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 greater than its 3-year, greater 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 greater than MPLX LP (0.99), less than Western Midstream Partners, LP (1.68), greater than Plains All American Pipeline, L.P. (1.00), greater than Antero Midstream Corporation (0.89), greater than Holly Energy Partners, L.P. (0.11), less than Crestwood Equity Partners LP (1.31), greater than Kinetik Holdings Inc. (0.58), greater than EnLink Midstream, LLC (0.65), greater than DCP Midstream, LP (0.88), greater than Magellan Midstream Partners, L.P. (1.08), greater than Enterprise Products Partners L.P. (0.91), less than Energy Transfer LP (1.14), greater than NuStar Energy L.P. (0.81), greater than Genesis Energy, L.P. (1.09),

Build a custom stock screener for Hess Midstream LP (HESM) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Hess Midstream LP using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Hess Midstream LP (HESM) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Hess Midstream LP or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Hess Midstream LP's Current Ratio?

How is the Current Ratio calculated for Hess Midstream LP (HESM)?

What is the highest Current Ratio for Hess Midstream LP (HESM)?

What is the 3-year average Current Ratio for Hess Midstream LP (HESM)?

What is the 5-year average Current Ratio for Hess Midstream LP (HESM)?

How does the current Current Ratio for Hess Midstream LP (HESM) compare to its historical average?