Stocktoria
Hess Midstream LP HESM
Hess Midstream LP (HESM) earns a Piotroski F-score of 6/9 (mixed financial health). It does not currently pay a dividend. FY2025 revenue was $1.6B at a 21.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-10 | Morgan Stanley | Underweight (down) |
| 2026-05-12 | Morgan Stanley | Equal-Weight (main) |
| 2026-04-20 | Goldman Sachs | Sell (down) |
| 2026-03-13 | Wells Fargo | Equal-Weight (main) |
| 2026-01-05 | Raymond James | Market Perform (down) |
| 2025-10-24 | Raymond James | Outperform (reit) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Mining & Extraction · percentile among 189 companies
Percentile vs other Mining & Extraction companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Mining & Extraction companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| HESM | Hess Midstream LP | 6/9 | — | 22 | +8.4% |
| TALO | TALOS ENERGY INC. | 5/9 | -0.31 | — | -9.8% |
| DEC | Diversified Energy Co | 6/9 | 0.06 | 2 | +141.5% |
| VNOM | Viper Energy, Inc. | 3/9 | 4.73 | — | +62% |
| MGY | Magnolia Oil & Gas Corp | 6/9 | 4.77 | 15.7 | -0.3% |
| KOS | Kosmos Energy Ltd. | 2/9 | — | — | -23.1% |
| AESI | Atlas Energy Solutions Inc. | 3/9 | 1.42 | — | +3.7% |
All Mining & Extraction companies →
About Hess Midstream LP
Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson's Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.
FAQ
Is HESM financially healthy?
Hess Midstream LP's Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak).
Does HESM pay a dividend?
No, Hess Midstream LP does not currently pay a dividend.
How profitable is HESM?
In FY2025, Hess Midstream LP had a net margin of 21.8%.
What is HESM's P/E ratio?
Hess Midstream LP's trailing price-to-earnings (P/E) ratio is about 22.0×, based on its latest annual earnings.
What is the analyst price target for HESM?
The average Wall-Street price target for Hess Midstream LP is $36.83, about 8.1% below the recent price, from 6 analysts (consensus: underperform).
Is HESM a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Hess Midstream LP: a Piotroski F-score of 6/9, a P/E of about 22.0×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.