US · USD

HESM

Hess Midstream Partners LP

$38.69+0.73% ($0.28)
Day's range
$38.05 – $38.85
Day's volume
$36.2M
52-week range
$29.17 – $40.97

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HESM in numbers

Market cap
$5B
P/E
13.24
Dividend yield (12m)
7.98%

The 12-month dividend yield of HESM is 7.98%, above its 5-year average of 7.45%.

HESM price history

10/07/202510/06/2026
Compare with

HESM risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+22.21%+47.41%+125.72%
Volatility (annualized)16.42%21.16%23.88%
Largest drawdown-7.06%-20.61%-20.61%
Positive months9/1224/3639/60

How much did investing in HESM return?

$1,000.00 invested on 11/01/2021 would be worth $2,257.23 today.

Value today in HESM
$2,257.23
Return over the period
+125.72%
Return per year
+17.96%
In the S&P 500
$1,712.05

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

HESM fundamentals

Valuation

  • P/E13.24
  • P/B—
  • EV/EBITDA—
  • EV/EBIT8.63
  • EV/Revenue5.35
  • P/EBIT4.96
  • P/S3.08
  • P/OCF4.79
  • P/FCF5.93
  • Earnings yield11.59%
  • PEG ratio—
  • Earnings per share$2.92
  • Book value per share—

Debt

  • Net debt$3.7B
  • Net debt/EBITDA—
  • Net debt/Equity—
  • Debt/Equity—
  • Current ratio0.77
  • Quick ratio—
  • Cash ratio0.02

Efficiency

  • Gross margin—
  • EBITDA margin—
  • Operating margin62.06%
  • Net margin23.23%
  • Asset turnover0.38

Profitability

  • ROE—
  • ROA8.81%
  • ROIC—
  • Payout105.66%

Growth

  • Revenue CAGR (5 years)7.68%
  • Earnings CAGR (5 years)63.80%
  • Revenue growth (year)—
  • Earnings growth (year)—
  • Revenue growth (quarter)—
  • Earnings growth (quarter)—

What is HESM's fair price?

Two classic value formulas, with today's numbers. The current price is $38.69.

Graham's fair price
—
HESM's earnings per share and book value per share are not available, so the formula cannot be computed.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
$40.04
3.50% above the price

$2.40 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

HESM's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E12.6519.3821.3015.6920.0514.705.81—
Dividend yield8.41%7.12%7.50%7.30%6.93%8.86%6.89%8.00%
Earnings per share$2.73$1.91$1.48$1.91$1.38$1.33$3.90—
Net margin21.77%14.92%8.79%6.58%3.85%2.20%8.26%9.93%

HESM's financial statements

Line202520242023202220212020
Net revenue$1.6B$1.5B$1.3B$1.3B$1.2B$1.1B
Cost of revenue——————
Gross profit——————
EBITDA——————
EBIT$1B$919M$816.9M$791.2M$727.2M$576.5M
Financial result——————
Income before tax$798.4M$730.8M$645.6M$647.2M$632.4M$492.2M
Income tax-$113.8M-$71.8M-$37.9M-$26.6M-$14.6M-$7.3M
Net income$352.9M$223.1M$118.6M$83.9M$46.4M$24M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does HESM pay dividends?

Dividend yield per year

  • 2.93%2017
  • 8.00%2018
  • 6.89%2019
  • 8.86%2020
  • 6.93%2021
  • 7.30%2022
  • 7.50%2023
  • 7.12%2024
  • 8.41%2025
  • 6.03%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/05/202608/14/2026$0.79
Dividend05/06/202605/14/2026$0.78
Dividend02/04/202602/13/2026$0.76
Dividend11/05/202511/14/2025$0.75
Dividend08/06/202508/14/2025$0.74
Dividend05/07/202505/14/2025$0.71
Dividend02/05/202502/14/2025$0.70
Dividend11/06/202411/14/2024$0.68
Dividend08/07/202408/14/2024$0.67
Dividend04/30/202405/14/2024$0.65
Dividend02/06/202402/14/2024$0.63
Dividend10/31/202311/14/2023$0.62
See all 37 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/01/202308/14/2023$0.60
Dividend05/02/202305/12/2023$0.59
Dividend01/31/202302/13/2023$0.57
Dividend11/01/202211/14/2022$0.56
Dividend08/02/202208/12/2022$0.56
Dividend05/03/202205/13/2022$0.55
Dividend02/01/202202/14/2022$0.52
Dividend11/02/202111/12/2021$0.51
Dividend08/05/202108/13/2021$0.50
Dividend04/29/202105/13/2021$0.45
Dividend02/02/202102/12/2021$0.45
Dividend11/03/202011/13/2020$0.44
Dividend08/04/202008/14/2020$0.44
Dividend04/30/202005/14/2020$0.43
Dividend02/04/202002/14/2020$0.43
Dividend10/31/201911/13/2019$0.41
Dividend08/01/201908/13/2019$0.40
Dividend05/01/201905/14/2019$0.38
Dividend01/31/201902/13/2019$0.37
Dividend11/01/201811/13/2018$0.36
Dividend07/31/201808/13/2018$0.35
Dividend05/02/201805/14/2018$0.33
Dividend01/31/201802/13/2018$0.32
Dividend11/01/201711/13/2017$0.31
Dividend08/01/201708/14/2017$0.27

About Hess Midstream Partners Lp

Sector
Mining

Questions about HESM

How much is HESM today?

HESM is at $38.69 (0.73% on the day), last traded on 10/06/2026.

How much did HESM pay in dividends in 2025?

HESM paid $2.90 per share in 2025, a dividend yield of 8.41%.

How much did HESM return in 12 months?

HESM returned 22.21% in 12 months, with annualized volatility of 16.42% and a largest drawdown of -7.06%.