MARKET

HESM

HESM

Hess Midstream P
NYSE
34.91
-0.03
-0.09%
After Hours: 34.91 0 0.00% 16:20 04/26 EDT
OPEN
35.01
PREV CLOSE
34.94
HIGH
35.25
LOW
34.51
VOLUME
900.39K
TURNOVER
0
52 WEEK HIGH
36.84
52 WEEK LOW
25.31
MARKET CAP
8.30B
P/E (TTM)
15.84
1D
5D
1M
3M
1Y
5Y
Hess Midstream First Quarter 2024 Earnings: EPS Misses Expectations
Hess Midstream missed analyst estimates by 6.1%. Revenue was in line with analyst estimates. The company's share price is broadly unchanged from a week ago. Revenue is forecast to grow 9.3% p.a. Over the next 3 years. Hess Midstream reported higher-than-expected results for the first quarter of 2024.
Simply Wall St · 14h ago
HESM Stock Earnings: Hess Midstream Misses EPS, Beats Revenue for Q1 2024
Hess Midstream just reported results for the first quarter of 2024. Hess Midstream reported earnings per share of 59 cents. The company reported revenue of $355.60 million. This was 1.06% better than the analyst estimate for revenue of. $351.86 million.
Investorplace · 1d ago
Hess Midstream Reaffirms 2024 Guidance For Net Income Of $670M - $720M, Adjusted EBITDA Of $1.125B – $1.175B And Adjusted Free Cash Flow Of $685M - $735M; Continues To Target At Least 5% Annual Distribution Growth Per Class A Share Through 2026
Hess Midstream continues to target at least 5% annual distribution growth per Class A share through 2026. The company continues to expect organic throughput volume growth for 2025 and 2026 relative to 2024 volume guidance. Hess Midstream has a long-term leverage target of 3x Adjusted EBITDA.
Benzinga · 1d ago
Hess Midstream Partners reports mixed Q1 results; reaffirms FY24 outlook
Hess Midstream Partners reports mixed Q1 results; reaffirms FY24 outlook. Q1 revenue of $355.6M beats by 16.6% Y/Y. Throughput volumes increased 16% for gas processing, 13% for oil terminaling and 47% for water gathering.
Seeking Alpha · 1d ago
Hess Midstream Q1 2024 GAAP EPS $0.59 Misses $0.62 Estimate, Sales $355.600M Beat $351.862M Estimate
Hess Midstream reported quarterly earnings of $0.59 per share. The company reported quarterly sales of $355.600 million. Hess Midstream missed the analyst consensus estimate for quarterly earnings by 4.84%. The company's sales for the quarter were up 16.59 percent over the same period last year.
Benzinga · 1d ago
*Hess Midstream Sees 2024 Net Income in $670M to $720M Range >HESM
Dow Jones · 1d ago
*Hess Midstream Sees 2024 Capex in $250M to $275M Range >HESM
Dow Jones · 1d ago
*Hess Midstream Backs 2024 Guidance>HESM
Dow Jones · 1d ago
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About HESM
Hess Midstream LP is a midstream company, which owns, operates, develops and acquires a diverse set of midstream assets to provide services to the Company and third-party customers. The Company owns oil, gas and produces water handling assets that are primarily located in the Bakken and Three Forks Shale plays in North Dakota. The Company has three segments. The gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produces water gathering and disposal. The processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM Joint Venture and mentor storage terminal. The terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars and Johnson’s Corner Header System.

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