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Hess Midstream LP (HESM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US4281031058

CUSIP

428103105

Sector

Energy

IPO Date

Apr 5, 2017

Highlights

Market Cap

$7.59B

EPS (TTM)

$2.36

PE Ratio

14.75

PEG Ratio

1.57

Total Revenue (TTM)

$1.46B

Gross Profit (TTM)

$911.30M

EBITDA (TTM)

$1.09B

Year Range

$27.86 - $37.65

Target Price

$40.50

Short %

5.69%

Short Ratio

5.92

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
HESM vs. OXY HESM vs. MPLX HESM vs. OGS HESM vs. MBIN HESM vs. WES HESM vs. 0934.HK HESM vs. CVX HESM vs. DVN HESM vs. NXST HESM vs. JEPI
Popular comparisons:
HESM vs. OXY HESM vs. MPLX HESM vs. OGS HESM vs. MBIN HESM vs. WES HESM vs. 0934.HK HESM vs. CVX HESM vs. DVN HESM vs. NXST HESM vs. JEPI

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Hess Midstream LP, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


120.00%130.00%140.00%150.00%160.00%JuneJulyAugustSeptemberOctoberNovember
143.92%
149.50%
HESM (Hess Midstream LP)
Benchmark (^GSPC)

Returns By Period

Hess Midstream LP had a return of 20.64% year-to-date (YTD) and 25.03% in the last 12 months.


HESM

YTD

20.64%

1M

0.08%

6M

3.66%

1Y

25.03%

5Y (annualized)

21.31%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

23.08%

1M

0.10%

6M

10.70%

1Y

30.05%

5Y (annualized)

13.52%

10Y (annualized)

11.11%

Monthly Returns

The table below presents the monthly returns of HESM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20246.89%2.79%5.98%-5.62%3.89%4.86%2.85%1.55%-5.57%-1.76%20.64%
20233.21%-9.54%5.54%1.38%-3.02%10.00%1.66%-5.54%0.80%2.99%10.75%-2.80%14.36%
20226.26%10.77%-6.13%-1.97%12.85%-14.08%8.64%-5.16%-9.85%13.40%10.04%-4.19%16.62%
20216.64%2.57%6.92%1.57%14.06%-0.86%2.50%1.43%9.60%-10.78%0.35%11.59%52.91%
20205.03%-18.43%-46.75%72.05%13.91%-5.66%-5.08%4.08%-14.59%13.11%8.40%8.54%-5.29%
201928.62%6.57%-7.34%4.25%-11.13%1.04%3.38%-3.91%1.42%10.64%-2.15%10.90%43.84%
201810.05%-6.98%-4.70%6.83%4.78%-6.01%12.44%3.83%0.75%-1.45%-12.87%-11.84%-8.61%
2017-0.08%-9.15%-12.35%3.78%0.94%4.32%-9.60%8.11%-6.29%-20.37%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of HESM is 81, placing it in the top 19% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of HESM is 8181
Combined Rank
The Sharpe Ratio Rank of HESM is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of HESM is 7474
Sortino Ratio Rank
The Omega Ratio Rank of HESM is 7474
Omega Ratio Rank
The Calmar Ratio Rank of HESM is 9393
Calmar Ratio Rank
The Martin Ratio Rank of HESM is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Hess Midstream LP (HESM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for HESM, currently valued at 1.39, compared to the broader market-4.00-2.000.002.001.392.48
The chart of Sortino ratio for HESM, currently valued at 1.89, compared to the broader market-4.00-2.000.002.004.001.893.33
The chart of Omega ratio for HESM, currently valued at 1.25, compared to the broader market0.501.001.502.001.251.46
The chart of Calmar ratio for HESM, currently valued at 2.81, compared to the broader market0.002.004.006.002.813.58
The chart of Martin ratio for HESM, currently valued at 6.36, compared to the broader market0.0010.0020.0030.006.3615.96
HESM
^GSPC

The current Hess Midstream LP Sharpe ratio is 1.39. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Hess Midstream LP with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.39
2.48
HESM (Hess Midstream LP)
Benchmark (^GSPC)

Dividends

Dividend History

Hess Midstream LP provided a 7.47% dividend yield over the last twelve months, with an annual payout of $2.64 per share. The company has been increasing its dividends for 6 consecutive years.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%$0.00$0.50$1.00$1.50$2.002017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM2023202220212020201920182017
Dividend$2.64$2.37$2.18$1.91$1.73$1.56$1.36$0.58

Dividend yield

7.47%7.50%7.30%6.93%8.86%6.89%8.00%2.93%

Monthly Dividends

The table displays the monthly dividend distributions for Hess Midstream LP. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.63$0.00$0.00$0.65$0.00$0.00$0.67$0.00$0.00$0.68$2.64
2023$0.00$0.57$0.00$0.00$0.59$0.00$0.00$0.60$0.00$0.00$0.62$0.00$2.37
2022$0.00$0.52$0.00$0.00$0.55$0.00$0.00$0.56$0.00$0.00$0.56$0.00$2.18
2021$0.00$0.45$0.00$0.45$0.00$0.00$0.00$0.50$0.00$0.00$0.51$0.00$1.91
2020$0.00$0.43$0.00$0.00$0.43$0.00$0.00$0.44$0.00$0.00$0.44$0.00$1.73
2019$0.00$0.37$0.00$0.00$0.38$0.00$0.00$0.40$0.00$0.00$0.41$0.00$1.56
2018$0.00$0.32$0.00$0.00$0.33$0.00$0.00$0.35$0.00$0.00$0.36$0.00$1.36
2017$0.27$0.00$0.00$0.31$0.00$0.58

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%7.5%
Hess Midstream LP has a dividend yield of 7.47%, which means its dividend payment is significantly above the market average.
Payout Ratio
200.0%400.0%600.0%111.8%
Hess Midstream LP has a payout ratio of 111.79%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.91%
-2.18%
HESM (Hess Midstream LP)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Hess Midstream LP. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Hess Midstream LP was 75.16%, occurring on Mar 18, 2020. Recovery took 240 trading sessions.

The current Hess Midstream LP drawdown is 4.91%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.16%Jan 17, 202042Mar 18, 2020240Mar 2, 2021282
-31.54%May 3, 2017415Dec 24, 2018251Dec 23, 2019666
-28.72%Jun 8, 202276Sep 26, 2022289Nov 17, 2023365
-17.43%Jun 16, 202123Jul 19, 202142Sep 16, 202165
-16.11%Sep 28, 202139Nov 19, 202133Jan 7, 202272

Volatility

Volatility Chart

The current Hess Midstream LP volatility is 5.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.44%
4.06%
HESM (Hess Midstream LP)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Hess Midstream LP over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Hess Midstream LP compared to its peers in the Oil & Gas Midstream industry.


PE Ratio
20.040.060.014.8
The chart displays the price to earnings (P/E) ratio for HESM in comparison to other companies of the Oil & Gas Midstream industry. Currently, HESM has a PE value of 14.8. This PE ratio falls in the average range for the industry.
PEG Ratio
-100.0-80.0-60.0-40.0-20.00.020.01.6
The chart displays the price to earnings to growth (PEG) ratio for HESM in comparison to other companies of the Oil & Gas Midstream industry. Currently, HESM has a PEG value of 1.6. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Hess Midstream LP.


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Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items