The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Hess Midstream LP's Score
Industry at a Glance
Industry Ranking
59 / 100
Overall Ranking
170 / 4604
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
7
analysts
Hold
Current Rating
36.833
Target Price
+11.25%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Hess Midstream LP Highlights
StrengthsRisks
Hess Midstream LP is a midstream company, which owns, operates, develops and acquires a diverse set of midstream assets to provide services to the Company and third-party customers. The Company owns oil, gas and produces water handling assets that are primarily located in the Bakken and Three Forks Shale plays in North Dakota. The Company has three segments. The gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produces water gathering and disposal. The processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM Joint Venture and mentor storage terminal. The terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars and Johnson’s Corner Header System.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 17.28% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 1.50B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 105.47%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 105.47%.
Overvalued
The company’s latest PB is 7.53, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 116.86M shares, decreasing 0.37% quarter-over-quarter.
Hess Midstream LP is a midstream company, which owns, operates, develops and acquires a diverse set of midstream assets to provide services to the Company and third-party customers. The Company owns oil, gas and produces water handling assets that are primarily located in the Bakken and Three Forks Shale plays in North Dakota. The Company has three segments. The gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produces water gathering and disposal. The processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM Joint Venture and mentor storage terminal. The terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars and Johnson’s Corner Header System.