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HESM vs. OGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between HESM and OGS is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

HESM vs. OGS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hess Midstream LP (HESM) and ONE Gas, Inc. (OGS). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%AugustSeptemberOctoberNovemberDecember2025
184.92%
34.21%
HESM
OGS

Key characteristics

Sharpe Ratio

HESM:

1.98

OGS:

1.33

Sortino Ratio

HESM:

2.58

OGS:

1.87

Omega Ratio

HESM:

1.34

OGS:

1.24

Calmar Ratio

HESM:

4.27

OGS:

0.88

Martin Ratio

HESM:

10.01

OGS:

5.79

Ulcer Index

HESM:

3.77%

OGS:

4.94%

Daily Std Dev

HESM:

19.07%

OGS:

21.43%

Max Drawdown

HESM:

-75.16%

OGS:

-33.50%

Current Drawdown

HESM:

0.00%

OGS:

-12.66%

Fundamentals

Market Cap

HESM:

$8.79B

OGS:

$4.12B

EPS

HESM:

$2.42

OGS:

$3.83

PE Ratio

HESM:

17.06

OGS:

18.99

PEG Ratio

HESM:

1.57

OGS:

4.19

Total Revenue (TTM)

HESM:

$1.10B

OGS:

$1.45B

Gross Profit (TTM)

HESM:

$693.20M

OGS:

$403.88M

EBITDA (TTM)

HESM:

$835.20M

OGS:

$500.52M

Returns By Period

In the year-to-date period, HESM achieves a 11.48% return, which is significantly higher than OGS's 5.05% return.


HESM

YTD

11.48%

1M

15.11%

6M

11.39%

1Y

38.72%

5Y*

19.37%

10Y*

N/A

OGS

YTD

5.05%

1M

8.65%

6M

8.50%

1Y

29.24%

5Y*

-1.93%

10Y*

7.90%

*Annualized

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

HESM vs. OGS — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HESM
The Risk-Adjusted Performance Rank of HESM is 9191
Overall Rank
The Sharpe Ratio Rank of HESM is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of HESM is 8888
Sortino Ratio Rank
The Omega Ratio Rank of HESM is 8787
Omega Ratio Rank
The Calmar Ratio Rank of HESM is 9797
Calmar Ratio Rank
The Martin Ratio Rank of HESM is 9191
Martin Ratio Rank

OGS
The Risk-Adjusted Performance Rank of OGS is 8080
Overall Rank
The Sharpe Ratio Rank of OGS is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of OGS is 7878
Sortino Ratio Rank
The Omega Ratio Rank of OGS is 7676
Omega Ratio Rank
The Calmar Ratio Rank of OGS is 7777
Calmar Ratio Rank
The Martin Ratio Rank of OGS is 8383
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.

HESM vs. OGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Hess Midstream LP (HESM) and ONE Gas, Inc. (OGS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for HESM, currently valued at 1.98, compared to the broader market-2.000.002.004.001.981.33
The chart of Sortino ratio for HESM, currently valued at 2.58, compared to the broader market-4.00-2.000.002.004.002.581.87
The chart of Omega ratio for HESM, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.24
The chart of Calmar ratio for HESM, currently valued at 4.27, compared to the broader market0.002.004.006.004.270.88
The chart of Martin ratio for HESM, currently valued at 10.01, compared to the broader market-10.000.0010.0020.0010.015.79
HESM
OGS

The current HESM Sharpe Ratio is 1.98, which is higher than the OGS Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of HESM and OGS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
1.98
1.33
HESM
OGS

Dividends

HESM vs. OGS - Dividend Comparison

HESM's dividend yield for the trailing twelve months is around 6.39%, more than OGS's 3.63% yield.


TTM20242023202220212020201920182017201620152014
HESM
Hess Midstream LP
6.39%7.12%7.50%7.30%6.93%8.86%6.89%8.00%2.93%0.00%0.00%0.00%
OGS
ONE Gas, Inc.
3.63%3.81%4.08%3.28%2.99%2.81%2.14%2.31%2.29%2.19%2.39%2.04%

Drawdowns

HESM vs. OGS - Drawdown Comparison

The maximum HESM drawdown since its inception was -75.16%, which is greater than OGS's maximum drawdown of -33.50%. Use the drawdown chart below to compare losses from any high point for HESM and OGS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember20250
-12.66%
HESM
OGS

Volatility

HESM vs. OGS - Volatility Comparison

The current volatility for Hess Midstream LP (HESM) is 6.70%, while ONE Gas, Inc. (OGS) has a volatility of 7.29%. This indicates that HESM experiences smaller price fluctuations and is considered to be less risky than OGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
6.70%
7.29%
HESM
OGS

Financials

HESM vs. OGS - Financials Comparison

This section allows you to compare key financial metrics between Hess Midstream LP and ONE Gas, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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