Hess Midstream LP
HESMEnergyNASDAQOil & Gas Midstream · Last scanned Oct 24, 2026
Scan Results
Daily timeframeHess 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. The $6.31B market capitalization puts HESM squarely in mid-cap range for its industry. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export.
Market Cap
$6.31B
Beta
0.56
P/E (TTM)
10.56
P/E (Fwd)
11.04
EPS (TTM)
$2.90
EPS (Fwd)
$2.77
ROE
150.7%
ROA
14.4%
Cash
$5.0M
Total Debt
$3.68B
Free CF
$499.4M
52W Change
-9.5%
Annual Financials
Cash vs Debt
Where HESM stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, HESM finished 20.34% below its 150-day moving average ($37.95) and 18.61% below its 200-day moving average ($37.14). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is HESM overbought or oversold?
At the October 20, 2026 close, HESM's RSI(14) was 21.3, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
Hess Midstream LP carries $3.68B in total debt against $5.0M in cash reserves — debt is roughly 736.0x the cash position. Managing this leverage effectively will be important for long-term financial stability. Free cash flow comes in at $499.4M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 150.7%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 14.4% further supports the picture of efficient asset utilization. Revenue has grown from $1.27B (2022) to $1.62B (2025), reflecting a 27% increase over the period.
With a beta below 0.7, Hess Midstream LP typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. No single metric tells the full story. Reviewing HESM's risk profile alongside its fundamentals and technical indicators provides a more complete picture.