Wall Street analyst estimates for Hess Midstream LP (HESM): consensus price target and buy/hold/sell recommendations.
Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water.
Consensus price target
$32.00 (+5 % vs price $30.61)
between $30.00 and $34.00 · 3 targets published in the last quarter
Closing price, Oct 28
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 2 |
| Hold | 4 |
| Sell | 3 |
| Strong Sell | 0 |
| Total analysts | 9 |
| Avg rating (−2 sell to +2 buy) | -0.11 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-30 | $0.72 | ||
| 2026-08-03 | $0.75 | $0.67 | +11.6% |
| 2026-05-04 | $0.68 | $0.65 | +4.6% |
| 2026-02-02 | $0.72 | $0.72 | -0.4% |
| 2025-11-03 | $0.75 | $0.73 | +2.6% |
| 2025-07-30 | $0.74 | $0.56 | +32.1% |
| 2025-04-30 | $0.65 | $0.62 | +5.2% |
| 2025-01-29 | $0.68 | $0.65 | +4.6% |
Valuation Ratios
| P/E Ratio | 10.56 |
| Price / Book | 7.91 |
| EV / EBITDA | 8.30 |
| Dividend Yield | 9.73% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $509.8M | $579.5M | $712.0M | $847.6M | $1.09B | $1.20B | $1.27B | $1.35B | $1.49B | $1.62B |
| Cost of Revenue | $99.7M | $116.5M | $126.9M | $142.5M | $156.9M | $165.6M | $181.3M | $192.5M | $203.1M | $214.1M |
| Gross Profit | $410.1M | $463.0M | $585.1M | $705.1M | $934.7M | $1.04B | $1.09B | $1.15B | $1.29B | $1.40B |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $10.4M | $13.9M | $14.1M | $52.4M | $21.1M | $22.7M | $23.1M | $26.2M | $26.1M | $28.5M |
| Operating Expenses | $203.8M | $199.9M | $206.9M | $328.5M | $358.2M | $311.0M | $300.7M | $336.7M | $369.8M | $395.0M |
| Operating Income | $206.3M | $263.1M | $378.2M | $376.6M | $576.5M | $727.2M | $791.2M | $816.9M | $919.0M | $1.01B |
| EBITDA | $306.0M | $384.3M | $505.7M | $522.5M | $743.6M | $903.4M | $977.8M | $1.02B | $1.14B | $1.24B |
| Interest Expense | $1.4M | $25.8M | $53.3M | $62.4M | $94.7M | $105.4M | $149.3M | $179.0M | $202.2M | $225.6M |
| Pre-tax Income | $204.9M | $242.0M | $325.5M | $317.6M | $492.0M | $632.4M | $647.2M | $645.6M | $730.8M | $798.4M |
| Income Tax | 0 | 0 | 0 | -$100,000 | $7.1M | $14.6M | $26.6M | $37.9M | $71.8M | $113.8M |
| Net Income | $204.9M | $41.2M | $69.1M | $70.1M | $24.0M | $46.4M | $83.9M | $118.6M | $223.1M | $352.9M |
| EPS | $3.76 | $0.75 | $1.27 | $1.22 | $1.33 | $1.76 | $2.03 | $2.11 | $2.51 | $2.87 |
| EPS (Diluted) | $3.76 | $0.75 | $1.27 | $1.22 | $1.31 | $1.76 | $2.01 | $2.08 | $2.49 | $2.86 |
| Shares Outstanding (Diluted) | 54.6 M | 53.8 M | 54.7 M | 54.8 M | 18.1 M | 25.7 M | 41.4 M | 56.3 M | 89.0 M | 123.1 M |
Price
| Price | $30.61 (closing price, October 28, 2026) |
| Market Cap | $6.3B |
| Exchange | NYSE |
| Country | US |
Related companies: WMB · EPD · MPLX · TRGP · WES · DTM · AM · DKL
Explore sector: Energy · Oil & Gas Midstream
More sections of HESM: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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