Hess Midstream LP (HESM) Stock Analysis
Temp Headwind edge
Energy · Oil & Gas Midstream
Sell if holding. At $37.47, A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Chevron; Concentration risk — Geographic: Bakken.
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... Read more
Sell if holding. At $37.47, A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Chevron; Concentration risk — Geographic: Bakken. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.3/10, high confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 43d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent developments
updated 2026-06-15Recent Developments — Hess Midstream LP
Latest news
- NEWS Analysts Diverge on Hess Midstream Following Sector Valuation Shifts - HarianBasis.co — HarianBasis.co neutral
- NEWS Why Cushing Sold Out of Hess Midstream LP -- and What It Means for Investors - The Motley Fool — The Motley Fool negative
- NEWS Hess Midstream Partners LP (NYSE:HESM) Plans Dividend Increase - $0.78 Per Share - MarketBeat — MarketBeat positive
- NEWS HESM (Hess Midstream LP) dips 0.8% after Q4 2025 minor EPS miss even as revenue rises 8.4% year over year. - Shared Trad — Xã Vĩnh Công negative
- NEWS Three Days Left To Buy Hess Midstream LP (NYSE:HESM) Before The Ex-Dividend Date - Yahoo Finance — Yahoo Finance neutral
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHCustomerChevron10-K Item 1A: 'Chevron currently accounts for substantially all of our revenues.'
- HIGHGeographicBakken10-K Item 1A: 'Substantially all of our assets are located in the Bakken, and we continue to focus our future capital expenditures largely on developing our business in that area.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Growth below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. At $37.47, A.R:R is negative (-2.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: Chevron; Concentration risk — Geographic: Bakken. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $36.29. Score 5.3/10, high confidence.
Take-profit target: $40.27 (+7.5% upside). Prior stop was $36.29. Stop-loss: $36.29.
Concentration risk — Customer: Chevron; Concentration risk — Geographic: Bakken; Analyst target reached - limited upside remaining.
Hess Midstream LP trades at a P/E of 13.3 (forward 12.6). TrendMatrix value score: 6.2/10. Verdict: Sell.
12 analysts cover HESM with a consensus score of 2.5/5. Average price target: $37.
What does Hess Midstream LP do?Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor,...
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.