Hess Midstream Partners LP

HESM Energy Oil & Gas Midstream

Hess Midstream Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 8.41% from fiscal 2024. In the quarter to June 2026, revenue fell 3.67%, EPS grew 1.35%, free cash flow grew 19.7% and total debt was flat, each against the same quarter a year earlier. Dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for five.

30.66 0.04 +0.13%
Market cap
$6.3B
P/E
10.6×
Fwd P/E
14.7×
Dividend yield
10.1%
F-score
6/9
Altman Z
n/a
Beneish M
−2.65
Dividend safety
39/100

Hess Midstream Partners LP (HESM) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Hess Midstream Partners LP (HESM) trades at a P/E ratio of 10.6×. Over the past ten years it has ranged from 5.1× (March 2020) to 21.0× (January 2020); the current reading is higher than 1% of that period. That is below the Oil & Gas Midstream industry median of 12.8× and below the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 12.1× (18.56%)
FY2024 14.8× (2.40%)
FY2023 15.2× 3.84%
FY2022 14.6× (5.31%)
FY2021 15.4× 4.90%
FY2020 14.7× (20.85%)
FY2019 18.6× 39.04%
FY2018 13.4× (27.50%)
FY2017 18.4× 0.00%
FY2016 18.4× 0.00%

Quarterly newest first

Period P/E ratio Change
Jun 2026 13.0× (3.60%)
Mar 2026 13.4× 11.50%
Dec 2025 12.1× (1.54%)
Sep 2025 12.3× (14.10%)
38 more quarters

Against its own ten years

Low 5.1× High 21.0×
Ten-year median 15.5×
Current reading's percentile 1

P/E ratio against peers

Company P/E ratio
CMBT CMB.TECH nv compare 3.6×
STNG Scorpio Tankers Inc. compare 4.6×
TRMD TORM PLC compare 6.2×
INSW International Seaways Inc. compare 7.0×
HESM Hess Midstream Partners LP 10.6×
SOBO South Bow Corporation compare 15.7×
KNTK Kinetik Holdings Inc. compare 19.8×
AM Antero Midstream Corporation compare 24.6×
GLNG Golar LNG Limited compare 28.6×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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