HESM: Hess Midstream LP - Summary | Jitta

Hess Midstream LP

NYSE:HESM

Price
$37.50
Loss Chance
42.4%
6.44JITTA SCORE
12.61%Under Jitta Line
Jitta Ranking
28 / 211
691 / 4,217
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (83)
Recent Business Performance (69)
Financial Strength (63)
Return to Shareholders (78)
Competitive Advantage (80)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
Operating MarginExpansion
Return on EquityConsistently High
Interest Coverage RatioVery Good
SG&A to SalesDecreasing
Cash Conversion CycleLess than 30 days
Revenue and EarningRevenue decline from 2022-2025
Debt LevelVery High Long Term Debt
New Share IssuedMore than 50% in 5 years
CapExVery High
Key Stats
Jitta Score
Jitta Line
6.44
12.61%
3.85
166.34%
Oil and Gas Storage and Transportation
5.90
19.82%
5.90
19.82%
5.92
39.79%
COMPANY DESCRIPTION
Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering system consists of approximately 1,430 miles of high- and low-pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 685 million cubic feet per day; crude oil gathering system comprises approximately 615 miles of crude oil gathering pipelines; and produces water gathering system that includes approximately 360 miles of pipelines in gathering systems. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota; and Terminaling and Export segment that owns Ramberg terminal facility, the Tioga rail terminal, crude oil rail cars, and other Dakota access pipeline connections, as well as Johnson’s Corner Header System, a crude oil pipeline header system; and other DAPL connections. Hess Midstream LP was formerly known as Hess Midstream Partners LP and changed its name to Hess Midstream LP in December 2019. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.