Hess Midstream Partners LP

Company Profile

Hess Midstream Partners LP had its IPO on 2017-04-05 under the ticker symbol HESM.

The company operates in the Energy sector and Oil & Gas Midstream industry. Hess Midstream Partners LP has a staff strength of 0 employees.

Stock update

Shares of Hess Midstream Partners LP opened at $29.63 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.49 - $29.95, and closed at $29.79.

This is a +0.95% increase from the previous day's closing price.

A total volume of 667,694 shares were traded at the close of the day’s session.

In the last one week, shares of Hess Midstream Partners LP have increased by +0.64%.

Hess Midstream Partners LP's Key Ratios

Hess Midstream Partners LP has a market cap of $7.17 billion, indicating a price to book ratio of 5.2491 and a price to sales ratio of 5.4623.

In the last 12-months Hess Midstream Partners LP’s revenue was $1.28 billion with a gross profit of $995.60 million and an EBITDA of $973.50 million. The EBITDA ratio measures Hess Midstream Partners LP's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Hess Midstream Partners LP’s operating margin was 61.58% while its return on assets stood at 13.56% with a return of equity of 129.96%.

In Q2, Hess Midstream Partners LP’s quarterly earnings growth was a positive 0% while revenue growth was a positive 3.4%.

Hess Midstream Partners LP’s PE and PEG Ratio

Forward PE

12.9534

Trailing PE

14.8291

PEG

1.57

Its diluted EPS in the last 12-months stands at $1.99 per share while it has a forward price to earnings multiple of 12.9534 and a PEG multiple of 1.57. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hess Midstream Partners LP’s profitability.

Hess Midstream Partners LP stock is trading at a EV to sales ratio of 3.2948 and a EV to EBITDA ratio of 4.2578. Its price to sales ratio in the trailing 12-months stood at 5.4623.

Hess Midstream Partners LP stock pays annual dividends of $2.319 per share, indicating a yield of 7.83% and a payout ratio of 116.51%.

Balance sheet and cash flow metrics

Total Assets

$3.66 billion

Total Liabilities

$148.80 million

Operating Cash Flow

$0

Capital Expenditure

$43 million

Dividend Payout Ratio

116.51%

Hess Midstream Partners LP ended 2024 with $3.66 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $3.66 billion while shareholder equity stood at $434.80 million.

Hess Midstream Partners LP ended 2024 with $0 in deferred long-term liabilities, $148.80 million in other current liabilities, in common stock, $0 in retained earnings and $0 in goodwill. Its cash balance stood at $3.00 million and cash and short-term investments were $3.00 million. The company’s total short-term debt was $7,500,000 while long-term debt stood at $3.06 billion.

Hess Midstream Partners LP’s total current assets stands at $114.10 million while long-term investments were $92.80 million and short-term investments were $0. Its net receivables were $110.30 million compared to accounts payable of $27.50 million and inventory worth $0.

In 2024, Hess Midstream Partners LP's operating cash flow was $0 while its capital expenditure stood at $43 million.

Comparatively, Hess Midstream Partners LP paid $1.17 in dividends in 2024.

Other key metrics

Current Trading Price

$29.79

52-Week High

$31.8115

52-Week Low

$22.5189

Analyst Target Price

$34.83

Hess Midstream Partners LP stock is currently trading at $29.79 per share. It touched a 52-week high of $31.8115 and a 52-week low of $31.8115. Analysts tracking the stock have a 12-month average target price of $34.83.

Its 50-day moving average was $29.98 and 200-day moving average was $28.46 The short ratio stood at 7.62 indicating a short percent outstanding of 0%.

Around 261.9% of the company’s stock are held by insiders while 8691.2% are held by institutions.