Hess Midstream Partners (NYSE:HESM) Posts Earnings Results, Beats Estimates By $0.03 EPS

04 May 2026, 08:20 by Jessica Moore · The Cerbat Gem

Hess Midstream Partners (NYSE:HESM – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.03, FiscalAI reports. Hess Midstream Partners had a return on equity of 74.89% and a net margin of 21.77%.The company had revenue of $390.10 million during the quarter, compared to the consensus estimate of $389.51 million.

Hess Midstream Partners Trading Up 0.1%

Shares of HESM stock opened at $38.17 on Monday. The company has a market cap of $7.93 billion, a P/E ratio of 13.34 and a beta of 0.54. The stock has a 50 day simple moving average of $38.74 and a two-hundred day simple moving average of $35.88. The company has a debt-to-equity ratio of 8.54, a quick ratio of 0.85 and a current ratio of 0.85. Hess Midstream Partners has a fifty-two week low of $31.63 and a fifty-two week high of $44.14.

Hess Midstream Partners Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th will be issued a $0.7792 dividend. The ex-dividend date is Thursday, May 7th. This is an increase from Hess Midstream Partners’s previous quarterly dividend of $0.76. This represents a $3.12 dividend on an annualized basis and a yield of 8.2%. Hess Midstream Partners’s dividend payout ratio is presently 106.99%.

Institutional Investors Weigh In On Hess Midstream Partners

Hedge funds have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. increased its holdings in Hess Midstream Partners by 14.3% in the second quarter. Geneos Wealth Management Inc. now owns 2,400 shares of the company’s stock worth $92,000 after purchasing an additional 300 shares in the last quarter. Larson Financial Group LLC increased its holdings in Hess Midstream Partners by 668.5% in the third quarter. Larson Financial Group LLC now owns 3,074 shares of the company’s stock worth $106,000 after purchasing an additional 2,674 shares in the last quarter. Advisory Services Network LLC bought a new stake in Hess Midstream Partners in the third quarter worth approximately $160,000. US Bancorp DE bought a new stake in Hess Midstream Partners in the third quarter worth approximately $173,000. Finally, Kestra Advisory Services LLC bought a new stake in Hess Midstream Partners in the fourth quarter worth approximately $174,000. 98.97% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Raymond James Financial downgraded Hess Midstream Partners from an “outperform” rating to a “market perform” rating in a research report on Monday, January 5th. Wells Fargo & Company raised their price objective on Hess Midstream Partners from $39.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Friday, March 13th. Zacks Research upgraded Hess Midstream Partners from a “strong sell” rating to a “hold” rating in a research report on Monday, March 2nd. Weiss Ratings upgraded Hess Midstream Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group downgraded Hess Midstream Partners from a “neutral” rating to a “sell” rating and set a $32.00 price objective for the company. in a research report on Monday, April 20th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $40.14.

View Our Latest Stock Analysis on Hess Midstream Partners

About Hess Midstream Partners

(Get Free Report)

Hess Midstream Partners LP, formerly traded on the New York Stock Exchange under the ticker HESM, is a midstream energy partnership that owns, operates and develops crude oil, natural gas and produced water infrastructure in the Williston Basin. The company’s assets include crude oil gathering and transportation systems, saltwater disposal wells, natural gas processing and fractionation plants, and associated pipeline and storage facilities. Its integrated network is designed to support upstream production by providing gathering, processing, storage and marketing services for hydrocarbons and produced water.