Hess Midstream LP
NYSE:HESM

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Hess Midstream LP
NYSE:HESM
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Price: 37.39 USD 1.8%
Market Cap: 8.2B USD
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Hess Midstream LP
Change in Deffered Taxes

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Hess Midstream LP
Change in Deffered Taxes Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Change in Deffered Taxes CAGR 3Y CAGR 5Y CAGR 10Y
Hess Midstream LP
NYSE:HESM
Change in Deffered Taxes
$53.4m
CAGR 3-Years
68%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Energy Transfer LP
NYSE:ET
Change in Deffered Taxes
$124m
CAGR 3-Years
-21%
CAGR 5-Years
-7%
CAGR 10-Years
N/A
ONEOK Inc
NYSE:OKE
Change in Deffered Taxes
$800m
CAGR 3-Years
22%
CAGR 5-Years
17%
CAGR 10-Years
19%
Williams Companies Inc
NYSE:WMB
Change in Deffered Taxes
$832m
CAGR 3-Years
31%
CAGR 5-Years
43%
CAGR 10-Years
-3%
Enterprise Products Partners LP
NYSE:EPD
Change in Deffered Taxes
$30m
CAGR 3-Years
-5%
CAGR 5-Years
5%
CAGR 10-Years
14%
Kinder Morgan Inc
NYSE:KMI
Change in Deffered Taxes
$669m
CAGR 3-Years
17%
CAGR 5-Years
5%
CAGR 10-Years
2%
No Stocks Found

Hess Midstream LP
Glance View

Market Cap
8.3B USD
Industry
Energy
Economic Moat
Narrow

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.

HESM Intrinsic Value
47.7 USD
Undervaluation 22%
Intrinsic Value
Price

See Also

What is Hess Midstream LP's Change in Deffered Taxes?
Change in Deffered Taxes
53.4m USD

Based on the financial report for Sep 30, 2024, Hess Midstream LP's Change in Deffered Taxes amounts to 53.4m USD.

What is Hess Midstream LP's Change in Deffered Taxes growth rate?
Change in Deffered Taxes CAGR 3Y
68%

Over the last year, the Change in Deffered Taxes growth was 62%. The average annual Change in Deffered Taxes growth rates for Hess Midstream LP have been 68% over the past three years .

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