Hess Midstream LP Class A Share representing a limited partner Interest

Day range

$30.00 – $31.09

Open

$30.22

Prev close

$30.04

Volume

3.53M

Market cap

$3.86B

Shares out

128.35M

P/E

10.28

P/S

2.39

P/B

7.49

P/FCF

4.60

ROE

72.9%

ROA

8.8%

Debt/Equity

7.15

Div yield

10.20%

As of Oct 22, 2026

• Business developmentsOct 8, 2026

  In connection with the Closing, the Company and Chevron will enter into crude oil gathering and terminal services, gas gathering and processing, and amended and restated water services agreements. Certain agreements will include a minimum revenue commitment equal to 80% of the Company's expected combined revenues attributable to Chevron through December 31, 2033.

• Debt activityMar 4, 2026

  The Company funded the Repurchase Price with borrowings under its existing revolving credit facility.

• Earnings and performanceFeb 2, 2026

  On February 2, 2026, Hess Midstream LP issued a news release reporting estimated results for the fourth quarter of 2025.

• Board of directorsDec 9, 2025

  On December 4, 2025, Andrew B. Walz resigned from the Board of Directors (the "Board") of Hess Midstream GP LLC ("GP LLC"), the general partner of Hess Midstream GP LP, a Delaware limited partnership (the "General Partner") and the general partner of Hess Midstream LP, a Delaware limited partnership (the "Company"), effective immediately. Mr. Walz's resignation follows his appointment as an executive officer of Chevron Corporation and was not a result of any disagreements with the Company on any matter relating to the Company's operations, policies or practices.

• Executive leadershipSep 5, 2025

  On September 4, 2025, the board of directors of GP LLC appointed Michael S. Bast to succeed Mr. Gatling in this role, also effective as of September 26, 2025. Since November 2022, Mr. Bast, age 49, has served as the Director of the Upstream Operations and the Maintenance, Reliability and Integrity departments at Hess Corporation.

• AMAntero Midstream Corporation Common Stock+1.16%
• TRGPTarga Resources Corp.+4.43%
• OKEOneok, Inc.+2.06%
• ETEnergy Transfer LP Common Units+2.05%
• PAGPPlains GP Holdings, L.P. Class A Units representing Limited Partner Interests+2.42%
• KMIKinder Morgan, Inc.+2.11%
• WMBWilliams Companies Inc.+1.51%
• EPDEnterprise Products Partners L.P.+1.53%

Days to cover

4.9

Short interest

7.7M

Avg volume

1.56M

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Chevron Is Offloading Hess Midstream and Taking a $3 Billion to $4 Billion Hit. Here's What It Means for CVX Stock.
  positiveThe Motley Fool· Oct 7, 2026
• Chevron's Portfolio Reshaping Strategy to Unlock Stronger Returns
  positiveZacks Investment Research· Oct 7, 2026
• HESM Q2 Beat Masks Lower Volumes as Second-Half Costs Move Higher
  neutralZacks Investment Research· Sep 22, 2026
• Got $10,000 to Invest in This High-Yield, Midstream Stock? Here's What It Could Be Worth in 10 Years.
  positiveThe Motley Fool· Sep 4, 2026
• This Overlooked Pipeline Stock Quietly Raised Its Dividend Again. Almost Nobody Covered It. (It's Now Yielding Nearly 8%!)
  positiveThe Motley Fool· Sep 3, 2026