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Hess Midstream LPNYSE HESM Stock Report

Last reporting period 30 Jun, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

8.159

Middle

Exchange

XNYS - New York Stock Exchange, Inc

HESM Stock Analysis

HE

Neutral

Based on Eyestock quantitative analysis, HESM`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

76/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

87.6 %

Greatly undervalued

Market cap $B

8.159

Dividend yield

7.21 %

Shares outstanding

44.003 B

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. The company is headquartered in Houston, Texas and currently employs 199 full-time employees. The company went IPO on 2017-04-05. The firm owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. The firm operates through three segments: gathering, processing and storage, and terminaling and export. Gathering segment includes Hess North Dakota Pipeline Operations LP (Gathering Opco) and Hess Water Services Holdings LLC, which own the various assets, including natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Processing and storage segment includes Hess TGP Operations LP (HTGP Opco) and Hess Mentor Storage Holdings LLC (Mentor Holdings). Terminaling and export segment includes Hess North Dakota Export Logistics Operations LP (Logistics Opco).

View Section: Eyestock Rating