Hess Midstream LP

Hess Midstream LPverified

HESM

Price:

$35.89

Market Cap:

$7.93B

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 PE Ratio as of September 2024 (TTM) for Hess Midstream LP (HESM) is 15.74

According to Hess Midstream LP’s latest financial reports and current stock price. The company's current PE Ratio is 15.74. This represents a change of 8.53% compared to the average of 14.50 of the last 4 quarters.

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

How has HESM PE Ratio performed in the past?

The mean historical PE Ratio of Hess Midstream LP over the last ten years is 11.70. The current 15.74 PE Ratio has changed 13.35% with respect to the historical average. Over the past ten years (40 quarters), HESM's PE Ratio was at its highest in in the June 2017 quarter at 23.32. The PE Ratio was at its lowest in in the March 2022 quarter at 1.58.

Quarterly (TTM)
Annual

Average

11.70

Median

7.00

Minimum

0.73

Maximum

42.45

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

Discovering the peaks and valleys of Hess Midstream LP PE 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 = 652.75%

Maximum Annual PE Ratio = 42.45

Minimum Annual Increase = -597.87%

Minimum Annual PE Ratio = 0.73

Quarterly (TTM)
Annual
YearPE RatioChange
202314.99652.75%
20221.9973.91%
20211.1457.57%
20200.73-43.45%
20191.28-90.19%
201813.09-52.16%
201727.37304.27%
20166.77-6.25%
20157.22-82.99%
201442.45-597.87%

Hess Midstream LP (HESM) Average PE Ratio

How has HESM PE Ratio performed in the past?

The current PE 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

6.04

5-year avg

4.03

10-year avg

11.70

Hess Midstream LP (HESM) PE Ratio vs. Peers

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

Hess Midstream LP’s PE Ratio is greater than MPLX LP (10.26), greater than Western Midstream Partners, LP (9.47), greater than Plains All American Pipeline, L.P. (11.81), less than Antero Midstream Corporation (17.71), greater than Holly Energy Partners, L.P. (10.81), less than Crestwood Equity Partners LP (16.39), greater than Kinetik Holdings Inc. (6.89), less than EnLink Midstream, LLC (43.69), greater than DCP Midstream, LP (15.36), greater than Magellan Midstream Partners, L.P. (13.61), greater than Enterprise Products Partners L.P. (10.90), greater than Energy Transfer LP (12.32), greater than NuStar Energy L.P. (13.46), less than Genesis Energy, L.P. (21.72),

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