
Hess Midstream LP
NYSE:HESM

Income Statement
Earnings Waterfall
Hess Midstream LP
Revenue
|
1.5B
USD
|
Operating Expenses
|
-576.5m
USD
|
Operating Income
|
919m
USD
|
Other Expenses
|
-695.9m
USD
|
Net Income
|
223.1m
USD
|
Income Statement
Hess Midstream LP
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
255
N/A
|
304
+19%
|
339
+11%
|
371
+9%
|
565
+52%
|
595
+5%
|
613
+3%
|
632
+3%
|
510
-19%
|
521
+2%
|
541
+4%
|
567
+5%
|
580
+2%
|
593
+2%
|
619
+4%
|
642
+4%
|
713
+11%
|
745
+5%
|
771
+3%
|
816
+6%
|
848
+4%
|
1 002
+18%
|
1 081
+8%
|
1 131
+5%
|
1 092
-3%
|
1 090
0%
|
1 115
+2%
|
1 154
+4%
|
1 204
+4%
|
1 227
+2%
|
1 246
+2%
|
1 277
+2%
|
1 275
0%
|
1 268
-1%
|
1 278
+1%
|
1 307
+2%
|
1 349
+3%
|
1 399
+4%
|
1 441
+3%
|
1 456
+1%
|
1 496
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gross Profit |
150
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(220)
|
(227)
|
(237)
|
(246)
|
(370)
|
(382)
|
(397)
|
(405)
|
(304)
|
(299)
|
(291)
|
(289)
|
(316)
|
(280)
|
(280)
|
(283)
|
(335)
|
(361)
|
(390)
|
(433)
|
(472)
|
(570)
|
(609)
|
(621)
|
(515)
|
(484)
|
(455)
|
(472)
|
(477)
|
(487)
|
(496)
|
(482)
|
(484)
|
(483)
|
(491)
|
(504)
|
(532)
|
(549)
|
(566)
|
(570)
|
(577)
|
|
Selling, General & Administrative |
(176)
|
(173)
|
(184)
|
(192)
|
(284)
|
(287)
|
(290)
|
(288)
|
(204)
|
(195)
|
(183)
|
(177)
|
(200)
|
(164)
|
(162)
|
(163)
|
(208)
|
(230)
|
(254)
|
(292)
|
(329)
|
(418)
|
(454)
|
(462)
|
(359)
|
(325)
|
(295)
|
(310)
|
(311)
|
(317)
|
(322)
|
(304)
|
(303)
|
(299)
|
(305)
|
(315)
|
(339)
|
(354)
|
(368)
|
(368)
|
(373)
|
|
Depreciation & Amortization |
(44)
|
(55)
|
(54)
|
(54)
|
(86)
|
(95)
|
(107)
|
(118)
|
(100)
|
(104)
|
(108)
|
(111)
|
(117)
|
(116)
|
(118)
|
(120)
|
(127)
|
(131)
|
(136)
|
(141)
|
(143)
|
(151)
|
(155)
|
(158)
|
(157)
|
(159)
|
(160)
|
(162)
|
(166)
|
(170)
|
(174)
|
(178)
|
(181)
|
(184)
|
(186)
|
(189)
|
(193)
|
(195)
|
(198)
|
(202)
|
(203)
|
|
Operating Income |
35
N/A
|
77
+122%
|
102
+32%
|
125
+23%
|
195
+56%
|
213
+9%
|
217
+2%
|
226
+4%
|
206
-9%
|
222
+8%
|
250
+12%
|
278
+11%
|
263
-5%
|
312
+19%
|
339
+8%
|
359
+6%
|
378
+5%
|
385
+2%
|
381
-1%
|
383
+1%
|
377
-2%
|
432
+15%
|
473
+9%
|
511
+8%
|
577
+13%
|
606
+5%
|
660
+9%
|
682
+3%
|
727
+7%
|
740
+2%
|
750
+1%
|
795
+6%
|
791
0%
|
784
-1%
|
787
+0%
|
803
+2%
|
817
+2%
|
850
+4%
|
874
+3%
|
886
+1%
|
919
+4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
(2)
|
(2)
|
0
|
0
|
1
|
1
|
(26)
|
(2)
|
(2)
|
(2)
|
(53)
|
(68)
|
(84)
|
(96)
|
(59)
|
(109)
|
(114)
|
(122)
|
(84)
|
(83)
|
(80)
|
(86)
|
(95)
|
(105)
|
(122)
|
(134)
|
(144)
|
(153)
|
(159)
|
(166)
|
(171)
|
(177)
|
(181)
|
(185)
|
(188)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
1
|
0
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
33
N/A
|
75
+128%
|
100
+33%
|
123
+23%
|
193
+57%
|
212
+10%
|
215
+2%
|
225
+4%
|
206
-8%
|
223
+8%
|
251
+13%
|
279
+11%
|
242
-13%
|
311
+28%
|
337
+9%
|
358
+6%
|
326
-9%
|
317
-3%
|
297
-6%
|
288
-3%
|
318
+10%
|
325
+2%
|
360
+11%
|
390
+8%
|
492
+26%
|
524
+6%
|
580
+11%
|
596
+3%
|
632
+6%
|
635
+0%
|
628
-1%
|
661
+5%
|
647
-2%
|
631
-2%
|
628
0%
|
638
+1%
|
646
+1%
|
673
+4%
|
693
+3%
|
701
+1%
|
731
+4%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(3)
|
(5)
|
(7)
|
(8)
|
(10)
|
(11)
|
(15)
|
(17)
|
(21)
|
(25)
|
(27)
|
(28)
|
(29)
|
(33)
|
(38)
|
(46)
|
(54)
|
(61)
|
(72)
|
|
Income from Continuing Operations |
33
|
75
|
100
|
123
|
193
|
212
|
215
|
225
|
206
|
223
|
251
|
279
|
242
|
311
|
337
|
358
|
326
|
317
|
297
|
288
|
318
|
323
|
356
|
385
|
485
|
516
|
570
|
585
|
618
|
618
|
608
|
636
|
621
|
603
|
599
|
605
|
608
|
627
|
640
|
640
|
659
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(52)
|
(113)
|
(201)
|
(247)
|
(273)
|
(289)
|
(255)
|
(245)
|
(226)
|
(217)
|
(248)
|
(263)
|
(308)
|
(350)
|
(461)
|
(489)
|
(538)
|
(549)
|
(571)
|
(563)
|
(542)
|
(557)
|
(537)
|
(516)
|
(509)
|
(502)
|
(489)
|
(485)
|
(473)
|
(450)
|
(436)
|
|
Net Income (Common) |
33
N/A
|
75
+128%
|
100
+33%
|
123
+23%
|
193
+57%
|
212
+10%
|
215
+2%
|
225
+4%
|
206
-8%
|
160
-23%
|
131
-18%
|
97
-26%
|
40
-58%
|
57
+41%
|
63
+11%
|
67
+6%
|
69
+3%
|
70
+1%
|
68
-2%
|
68
-1%
|
67
-1%
|
56
-16%
|
45
-19%
|
33
-27%
|
24
-28%
|
26
+9%
|
32
+22%
|
36
+14%
|
46
+29%
|
55
+18%
|
66
+20%
|
79
+20%
|
84
+6%
|
88
+5%
|
91
+4%
|
103
+13%
|
119
+15%
|
143
+20%
|
167
+17%
|
190
+14%
|
223
+17%
|
|
EPS (Diluted) |
0.61
N/A
|
1.38
+126%
|
1.84
+33%
|
2.26
+23%
|
3.54
+57%
|
3.88
+10%
|
3.93
+1%
|
4.11
+5%
|
3.78
-8%
|
1.97
-48%
|
2.5
+27%
|
1.78
-29%
|
1.5
-16%
|
1.05
-30%
|
1.16
+10%
|
1.22
+5%
|
2.52
+107%
|
2.54
+1%
|
2.47
-3%
|
2.46
0%
|
2.43
-1%
|
3.1
+28%
|
2.5
-19%
|
1.83
-27%
|
1.33
-27%
|
1.34
+1%
|
1.26
-6%
|
1.43
+13%
|
1.81
+27%
|
1.61
-11%
|
1.5
-7%
|
1.79
+19%
|
2.03
+13%
|
1.99
-2%
|
1.8
-10%
|
1.64
-9%
|
2.11
+29%
|
1.89
-10%
|
1.99
+5%
|
2.04
+3%
|
2.51
+23%
|