
Hess Midstream LP
NYSE:HESM

Hess Midstream LP
Cash Equivalents
Hess Midstream LP
Cash Equivalents Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Cash Equivalents | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Hess Midstream LP
NYSE:HESM
|
Cash Equivalents
$4.3m
|
CAGR 3-Years
25%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
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Energy Transfer LP
NYSE:ET
|
Cash Equivalents
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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MPLX LP
NYSE:MPLX
|
Cash Equivalents
$1.5B
|
CAGR 3-Years
389%
|
CAGR 5-Years
152%
|
CAGR 10-Years
50%
|
|
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Williams Companies Inc
NYSE:WMB
|
Cash Equivalents
$60m
|
CAGR 3-Years
-67%
|
CAGR 5-Years
-27%
|
CAGR 10-Years
-13%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Cash Equivalents
$583m
|
CAGR 3-Years
-41%
|
CAGR 5-Years
12%
|
CAGR 10-Years
23%
|
|
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Kinder Morgan Inc
NYSE:KMI
|
Cash Equivalents
$88m
|
CAGR 3-Years
-57%
|
CAGR 5-Years
-14%
|
CAGR 10-Years
-12%
|
Hess Midstream LP
Glance View
Hess Midstream LP operates as a critical artery in the energy infrastructure, channeling both vitality and value through its comprehensive network. Established as an integral player within the midstream sector, the company primarily facilitates the efficient transport, processing, and storage of natural gas and crude oil. Its strategic assets are concentrated around the prolific Bakken Formation in North Dakota, a region rich in hydrocarbon resources. This allows Hess Midstream to offer crucial services such as gathering raw production from wells, processing it to meet pipeline specifications, and ultimately delivering it to downstream markets. The company's infrastructure is meticulously designed to ensure reliability and flexibility, accommodating a diverse range of customer requirements while optimizing throughput. Revenue generation for Hess Midstream hinges on long-term, fee-based contracts that are strategically established with a focus on volume commitments. This business model provides a level of economic insulation, reducing sensitivity to volatile commodity prices and ensuring a steady income stream. By maintaining strong relationships with its customers, notably Hess Corporation, which is also its primary sponsor and customer, Hess Midstream secures a consistent flow of business, thus fortifying its financial foundation. The company leverages its operational expertise and robust infrastructure to capture growth opportunities, expand its footprint, and enhance service offerings. Through these strategic maneuvers, Hess Midstream continues to effectively support the energy sector's evolving needs while driving shareholder value.

See Also
What is Hess Midstream LP's Cash Equivalents?
Cash Equivalents
4.3m
USD
Based on the financial report for Dec 31, 2024, Hess Midstream LP's Cash Equivalents amounts to 4.3m USD.
What is Hess Midstream LP's Cash Equivalents growth rate?
Cash Equivalents CAGR 5Y
5%
Over the last year, the Cash Equivalents growth was -20%. The average annual Cash Equivalents growth rates for Hess Midstream LP have been 25% over the past three years , 5% over the past five years .