Hess Midstream Partners LP

HESMEnergy

Sentinellis Health Score

7.4/10

Financially healthy

Market Cap

$8.4B

Revenue

$1.6B

P/E Ratio

14.1x

AI Summary

Hess Midstream operates fee-based infrastructure that gathers, processes, stores, and exports oil and natural gas for its sponsor (Hess Corporation), its subsidiaries, and third-party customers in the Bakken Shale region [Yahoo Finance]. The company owns approximately 1,430 miles of gas pipelines, 615 miles of crude oil pipelines, the Tioga Gas Plant processing facility, and rail/truck terminals for moving energy products to market [Yahoo Finance].

Hess Midstream LP is a fee-based midstream energy company that owns and operates natural gas gathering, processing, crude oil gathering, and export terminals serving the Bakken Shale in North Dakota and Minnesota [Yahoo Finance]. The company reported $1.6 billion in revenue with strong margins (63.9% gross, 21.8% net) and generates $728 million in free cash flow annually [Yahoo Finance]. Institutional ownership shows notable recent accumulation, with several funds increasing stakes by over 20% in the latest quarter [EODHD].

Hess Midstream is financially healthy with robust cash generation and manageable leverage [Yahoo Finance].

Confidence7/10