HESM: Hess Midstream LP
About
Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded in 2014 and is headquartered in Houston, TX.
Current Value
$36.811 Year Return
Current Value
$36.811 Year Return
Key Details
Market Cap
$3.83B
P/E Ratio
15.59
1Y Stock Return
15.24%
1Y Revenue Growth
11.43%
Dividend Yield
7.50%
Price to Book
7.2
Strategies that include HESM
Stock's related to HESM
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AM | 61.07% | $7.60B | +20.46% | 5.69% |
| EPD | 59.95% | $70.12B | +21.16% | 6.40% |
| PAA | 59.26% | $12.54B | +14.45% | 7.13% |
| ET | 58.59% | $64.95B | +38.06% | 6.67% |
| MPLX | 58.39% | $49.18B | +34.91% | 7.24% |
| PAGP | 57.10% | $3.79B | +21.07% | 0.00% |
| WES | 56.27% | $14.43B | +33.37% | 8.38% |
| WMB | 55.76% | $72.82B | +64.89% | 3.11% |
| DTM | 55.31% | $10.53B | +91.27% | 2.67% |
| OKE | 52.35% | $68.20B | +75.14% | 3.37% |
| KMI | 51.65% | $63.41B | +65.07% | 3.99% |
| KNTK | 49.04% | $3.71B | +73.04% | 4.86% |
| AROC | 48.88% | $4.51B | +79.00% | 2.57% |
| ENLC | 47.35% | $7.16B | +19.16% | 3.39% |
| TRGP | 47.26% | $45.29B | +138.12% | 1.32% |
| EMO | 46.65% | - | - | 7.42% |
| VET | 44.57% | $1.68B | -15.71% | 3.17% |
| USAC | 43.71% | $2.79B | -2.25% | 8.79% |
| KRP | 42.99% | $1.30B | +3.95% | 10.90% |
| RRC | 41.79% | $8.58B | +6.37% | 0.91% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| TCOM | -0.03% | $41.98B | +86.57% | 0.00% |
| LI | 0.05% | $18.42B | -44.46% | 0.00% |
| LPTH | -0.06% | $59.50M | +22.95% | 0.00% |
| DAO | -0.14% | $162.71M | +28.33% | 0.00% |
| HAIN | -0.18% | $726.06M | -26.21% | 0.00% |
| TKC | -0.20% | $5.96B | +38.82% | 1.32% |
| SUNS | -0.23% | $103.02M | +31.64% | 1.41% |
| KDP | 0.24% | $43.73B | -0.52% | 2.71% |
| FWONA | -0.26% | $19.44B | +32.64% | 0.00% |
| RGEN | 0.28% | $7.94B | -11.52% | 0.00% |
| BBIO | -0.28% | $4.39B | -21.22% | 0.00% |
| CBOE | 0.35% | $22.09B | +17.17% | 1.08% |
| APRE | -0.36% | $15.89M | -20.58% | 0.00% |
| AIXI | 0.37% | $47.91M | -69.60% | 0.00% |
| CNK | 0.39% | $3.95B | +131.51% | 0.00% |
| CIG.C | -0.40% | $2.39B | -1.93% | 0.00% |
| SOC | -0.44% | $2.05B | +85.50% | 0.00% |
| QGEN | -0.47% | $9.39B | +1.01% | 0.00% |
| WTW | 0.53% | $31.64B | +28.51% | 1.10% |
| RAPT | 0.58% | $36.71M | -92.31% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SMMT | -22.18% | $13.58B | +844.62% | 0.00% |
| PRPO | -10.79% | $8.89M | -14.59% | 0.00% |
| FAT | -9.23% | $91.75M | -8.47% | 10.57% |
| QTTB | -8.53% | $329.37M | +172.64% | 0.00% |
| MNST | -8.52% | $52.50B | -2.25% | 0.00% |
| IQ | -8.31% | $1.06B | -57.47% | 0.00% |
| BACK | -8.01% | $1.93M | -32.12% | 0.00% |
| CYCN | -7.79% | $3.85M | -33.95% | 0.00% |
| MCK | -7.65% | $79.75B | +37.34% | 0.41% |
| TAK | -7.59% | $42.26B | -4.79% | 2.19% |
| MED | -7.48% | $200.16M | -72.48% | 0.00% |
| EWTX | -7.34% | $3.03B | +401.25% | 0.00% |
| TLPH | -7.26% | $11.91M | +9.27% | 0.00% |
| TVTX | -6.73% | $1.59B | +219.23% | 0.00% |
| ASPS | -6.70% | $20.33M | -82.43% | 0.00% |
| SYPR | -6.42% | $32.23M | -26.70% | 0.00% |
| MANU | -5.83% | $2.96B | -8.54% | 0.00% |
| FATBB | -5.79% | $75.27M | -12.35% | 12.73% |
| BTCT | -5.77% | $58.86M | +395.83% | 0.00% |
| PRAX | -5.66% | $1.36B | +331.03% | 0.00% |
ETF's related to HESM
News
SeekingAlpha
DT Midstream buys natural gas pipelines from ONEOK, enhancing its network in the Midwest. Find out why rising natural gas demand is a tailwind for DTM stock.
Yahoo
As the U.S. stock market shows signs of recovery, with the S&P 500 and Nasdaq rebounding from recent declines, investors are keenly observing opportunities that may arise in this fluctuating environment. In such a climate, identifying undervalued stocks becomes crucial for those looking to capitalize on potential discrepancies between a company's intrinsic value and its current market price.
Yahoo
Even though Hess Midstream LP's ( NYSE:HESM ) recent earnings release was robust, the market didn't seem to notice. We...
SeekingAlpha
Dividend growth has been a key tailwind for midstream in recent years, enhancing already generous payouts. Those tailwinds continued in Q3 2024 and are expected to extend to 2025 and beyond.
SeekingAlpha
Stay up to date on dividend activity with our weekly summary for Dividend Champions, Contenders, and Challengers, including ex-dividend and pay dates.
Yahoo
The board of Hess Midstream LP ( NYSE:HESM ) has announced that it will be paying its dividend of $0.6846 on the 14th...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.