Hess Midstream LP

NYSE HESM

Hess Midstream LP Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2024: 4.80%

Hess Midstream LP Return on Assets (ROA) is 4.80% for the Trailing 12 Months (TTM) ending September 30, 2024. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.

Hess Midstream LP Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2022 was 9.92%, a 834.99% change year over year.
Hess Midstream LP Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2021 was 1.06%, a 5.24% change year over year.
Hess Midstream LP Return on Assets (ROA) for the Trailing 12 Months (TTM) ending September 30, 2020 was 1.01%.

Key data

Date	Return on Assets (ROA)	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio

NYSE: HESM

Hess Midstream LP

CEO	Mr. John B. Hess
IPO Date	April 5, 2017
Location	United States
Headquarters	1501 McKinney Street
Employees	176
Sector	Energy
Industries Oil & Gas Fracking Gas Oil Refining Petrochemicals Pipeline Transport

Description

Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.

Key trends

Past 5 years