XNYS
HESM
Market cap8.38bUSD
May 16, Last price
38.88USD
1D
0.05%
1Q
-2.51%
IPO
49.14%
Name
Hess Midstream LP
Chart & Performance
Profile
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 natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.
IPO date
Apr 05, 2017
Employees
176
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 1,495,500 10.89% | 1,348,600 5.76% | 1,275,200 5.93% | |||||||
Cost of revenue | 229,200 | 339,200 | 204,400 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,266,300 | 1,009,400 | 1,070,800 | |||||||
NOPBT Margin | 84.67% | 74.85% | 83.97% | |||||||
Operating Taxes | 71,800 | 37,900 | 26,600 | |||||||
Tax Rate | 5.67% | 3.75% | 2.48% | |||||||
NOPAT | 1,194,500 | 971,500 | 1,044,200 | |||||||
Net income | 223,100 88.11% | 118,600 -80.89% | 620,600 0.45% | |||||||
Dividends | (235,300) | (127,500) | (91,000) | |||||||
Dividend yield | 7.14% | 7.16% | 7.35% | |||||||
Proceeds from repurchase of equity | (300,000) | (400,000) | (400,000) | |||||||
BB yield | 9.10% | 22.46% | 32.29% | |||||||
Debt | ||||||||||
Debt current | 22,500 | 12,500 | 2,500 | |||||||
Long-term debt | 3,449,400 | 3,198,900 | 2,883,100 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 16,500 | 16,700 | 16,100 | |||||||
Net debt | 3,380,600 | 3,115,800 | 2,788,600 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 940,300 | 866,400 | 861,100 | |||||||
CAPEX | (306,100) | (223,500) | (238,200) | |||||||
Cash from investing activities | (306,100) | (223,500) | (238,200) | |||||||
Cash from financing activities | (635,300) | (640,600) | (622,000) | |||||||
FCF | 1,082,900 | 939,800 | 1,003,300 | |||||||
Balance | ||||||||||
Cash | 4,300 | 5,400 | 3,100 | |||||||
Long term investments | 87,000 | 90,200 | 93,900 | |||||||
Excess cash | 16,525 | 28,170 | 33,240 | |||||||
Stockholders' equity | 363,200 | 529,000 | ||||||||
Invested Capital | 3,953,700 | 3,563,130 | 3,386,760 | |||||||
ROIC | 31.78% | 27.96% | 31.32% | |||||||
ROCE | 32.02% | 28.10% | 31.31% | |||||||
EV | ||||||||||
Common stock shares outstanding | 89,000 | 56,300 | 41,400 | |||||||
Price | 37.03 17.07% | 31.63 5.72% | 29.92 8.29% | |||||||
Market cap | 3,295,670 85.07% | 1,780,769 43.76% | 1,238,688 74.44% | |||||||
EV | 6,676,270 | 4,919,569 | 4,311,188 | |||||||
EBITDA | 1,469,400 | 1,201,900 | 1,252,100 | |||||||
EV/EBITDA | 4.54 | 4.09 | 3.44 | |||||||
Interest | 202,200 | 179,000 | 149,300 | |||||||
Interest/NOPBT | 15.97% | 17.73% | 13.94% |