HESM · available-data snapshot
Hess Midstream LP (HESM): Available-Data Snapshot
TickerWorth does not publish a DCF fair value for Hess Midstream LP (HESM); the reason is set out below. What its filings and market data do show is below. The snapshot also sets out its trading multiples against 5 peers. Snapshot as of Oct 19, 2026.
Model by Miraaj Patel · generated from public market data · Updated Oct 19, 2026 · How these pages are made
Why is there no fair value for HESM?
We do not publish a fair value for Hess Midstream LP. What we can say from its filings and market data is below.
What is HESM's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Energy companies in US
Its strongest point: a profitable, high-quality business. Its weakest: balance sheet looks stretched.
- Value · 47 of 100
Cheaper than 47% of Energy companies in US
- Price vs worth · 100 of 100
- Quality · 90 of 100
More profitable than 90% of Energy companies in US
- Financial health · 11 of 100
Financially stronger than 11% of Energy companies in US
- Growth · 18 of 100
Growing faster than 18% of Energy companies in US
- Momentum · 22 of 100
Outperformed 22% of Energy companies in US over the past year
Confidence: Medium confidence · Scored
Get the Undervalued Company of the Week.
- Price
- $30.48
- Market cap
- $6,
284, 316, 672 - 52-week high
- $41.44
- 52-week low
- $29.85
- Currency
- USD
- Exchange
- NYSE
Snapshot of Oct 19, 2026, quote time not published · Prices are delayed.
What we can say
We don't publish a discounted-cash-flow fair value for Hess Midstream LP (HESM) because the free data sources we rely on don't expose the multi-year financials a DCF needs — common for small or thinly-covered listings. Rather than invent numbers, this page shows an honest snapshot of what the public data does support: the current price and size, any relative valuation multiples that exist, a book-value view, and a price-based read. Treat it as a descriptive starting point, not a valuation and not investment advice.
Read the full reasoning
On the numbers we do have, HESM trades at a recent price of $30.48, a market capitalisation of about $6,284,316,672, sitting 5% of the way up its 52-week range ($29.85–$41.44), on the NYSE.
The standard alternative to a DCF is relative valuation — comparing HESM's trading multiples against a sector benchmark. Here that gives P/E of 10.5× (cheaper than the peer median of 21.6×); Fwd P/E of 10.7× (cheaper than the peer median of 14.8×); P/B of 7.6× (richer than the peer median of 2.7×); P/S of 3.9× (richer than the peer median of 2.1×); EV/EBITDA of 6.1× (cheaper than the peer median of 9.4×); Dividend yield of 10.1% (cheaper than the peer median of 2.4%). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
The asset, or book-value, lens is the classic tool for asset-heavy businesses and financials. HESM shows a price-to-book (P/B) of 7.60 and book value of $4.01 per share. Price-to-book compares the market price to the accounting net-asset value per share; below 1.0 can mean a discount to net assets or that the market is pricing in trouble — descriptive either way, never a buy signal on its own.
Finally, a price-based read — explicitly not a valuation. HESM is in a mixed trend, trading -26.4% from its 52-week high. Over the past year the stock is -7.4%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
HESM vs peers
Sector benchmark (bellwethers, not direct competitors).
| Multiple | HESM | Peer median | Read |
|---|---|---|---|
| P/E | 10.5× | 21.6× | cheaper than |
| Fwd P/E | 10.7× | 14.8× | cheaper than |
| P/B | 7.6× | 2.7× | richer than |
| P/S | 3.9× | 2.1× | richer than |
| EV/EBITDA | 6.1× | 9.4× | cheaper than |
| Dividend yield | 10.1% | 2.4% | cheaper than |
What does Hess Midstream LP do?
What does it do?
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. It operates in the Oil & Gas Midstream industry (Energy sector), headquartered in United States.
How does it make money?
The business turns $1.6B in annual revenue into profit. Out of every $100 of sales, about $63 is left as operating profit (operating margin of 63.5%), after a 78% gross margin on the products/services it sells. After all costs, taxes and interest, 23.2% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks stretched: carries heavy debt (9.5× equity), may struggle to cover its short-term bills (0.8× current ratio), and is currently profitable.
Who at HESM filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Stein Jonathan C. | Chief Executive Officer | Option exercise | — | Form 4 for Stein Jonathan C. (opens sec.gov in a new tab) | |
| Stein Jonathan C. | Chief Executive Officer | Shares withheld (tax) | $40,788.16 | Form 4 for Stein Jonathan C. (opens sec.gov in a new tab) | |
| REDDY J PATRICK | Director | Option exercise | — | Form 4 for REDDY J PATRICK (opens sec.gov in a new tab) | |
| Letwin Stephen J J | Director | Option exercise | — | Form 4 for Letwin Stephen J J (opens sec.gov in a new tab) | |
| Bast Michael Scott | President and COO | Option exercise | — | Form 4 for Bast Michael Scott (opens sec.gov in a new tab) | |
| Bast Michael Scott | President and COO | Shares withheld (tax) | $13,388.48 | Form 4 for Bast Michael Scott (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Companies we do put a number on
Not investment advice. TickerWorth Score is a model output.
A descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public market data that can be wrong, stale or incomplete.