Hess Midstream LP

NYSE:HESM

Sector

⚡️ Energy

Industries

💨 Gas

🛢 Oil Extraction

⛽ Oil & Gas

🏭 Oil Refining

⛽️ Pipeline Transport

Location

United States

Market Cap

USD 8.16 B

Share Price

USD 38.56

Avg Daily Volume

1,205,961

Change (1 day)

-0.77%

Change (1 year)

5.56%

Change (YTD)

4.13%

Hess Midstream LP Revenue for the Trailing 12 Months (TTM) ending March 31, 2025: USD 1.52 B

Hess Midstream LP Revenue is USD 1.52 B for the Trailing 12 Months (TTM) ending March 31, 2025, a 8.77% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.

Hess Midstream LP Revenue for the Trailing 12 Months (TTM) ending March 31, 2024 was USD 1.40 B, a 10.34% change year over year.
Hess Midstream LP Revenue for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 1.27 B, a 3.19% change year over year.
Hess Midstream LP Revenue for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 1.23 B, a 12.62% change year over year.
Hess Midstream LP Revenue for the Trailing 12 Months (TTM) ending March 31, 2021 was USD 1.09 B, a 19.44% change year over year.

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Key data

Date	Revenue	Revenue	Gross Profit	Operating Income

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 Gas 🛢 Oil Extraction ⛽ Oil & Gas 🏭 Oil Refining ⛽️ 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.