XNYS
HESM
Market cap6.23bUSD
Oct 20, Last price
30.67USD
1D
1.46%
1Q
-24.77%
IPO
17.64%
Name
Hess Midstream LP
Chart & performance
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Profile
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. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.
Key people
Michael Bast
President, Chief Operating Officer · since 2025
Jonathan Stein
Chief Financial Officer · since 2019
Vice President, Director · since 2019
General Counsel, Company Secretary · since 2019
William Brilliant
Director · since 2019
Kristen Ghattas
Director · since 2025
Chairman of the Board of Directors, Chief Executive Officer · since 2019
Gregory Hill
Director · since 2019
James Lee
Director · since 2022
Kristi Mccarthy
Director · since 2025
Director · since 2020
Scott Telesz
Director · since 2019
Andrew Walz
Chairman of the Board · since 2025
Stephen Letwin
Independent Director · since 2019
David Niemiec
Independent Director · since 2019
Independent Director · since 2019
IPO date
Apr 05, 2017
Employees
176
Domiciled in
US
Incorporated in
US
Valuation
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