Hess Midstream LP
HESM
Rank in Stocks
#2923
Hess Midstream LP specializes in the ownership, development, operation, and... Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.
Share Price
$30.71
Last synced: 2026-10-20
Market Cap
$6.33B
Change (1 day)
1.45%
Change (1 year)
-7.64%
Country
US
Trade Hess Midstream LP (HESM)
Category
Energy
Revenue for Hess Midstream LP (HESM)
Revenue in Jun 2026 TTM: $1.61B
According to Hess Midstream LP latest financial reports the company's current revenue (TTM) is $1.61B. In 2024 the company made a revenue of $1.49B an increase over the revenue in the year 2023 that was $1.35B. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history for Hess Midstream LP from 2012 to 2026
Revenue at the end of each year
| Year | Revenue | Change |
|---|---|---|
| 2026 (TTM) | $1.61B | -0.67% |
| 2025 | $1.62B | 8.67% |
| 2024 | $1.49B | 10.83% |
| 2023 | $1.35B | 5.73% |
| 2022 | $1.27B | 5.77% |
| 2021 | $1.20B | 10.28% |
| 2020 | $1.09B | 28.79% |
| 2019 | $847.60M | 19.04% |
| 2018 | $712.00M | 22.86% |
| 2017 | $579.50M | 13.67% |
| 2016 | $509.80M | -9.79% |
| 2015 | $565.10M | 121.78% |
| 2014 | $254.80M | -5.52% |
| 2013 | $269.70M | 58.93% |
| 2012 | $169.70M | 0.00% |
Revenue for similar companies or competitors
| Company | Revenue | Revenue Difference | Country |
|---|---|---|---|
| - | - |
CA
|
|
| $12.20B | 657.82% |
US
|
|
| $58.47B | 3,530.84% |
US
|
|
| $17.96B | 1,015.19% |
US
|
|
| - | - |
US
|
