
Hess Midstream LP
NYSE:HESM

Hess Midstream LP
Total Other Income
Hess Midstream LP
Total Other Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Total Other Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Hess Midstream LP
NYSE:HESM
|
Total Other Income
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Energy Transfer LP
NYSE:ET
|
Total Other Income
$134m
|
CAGR 3-Years
20%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
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ONEOK Inc
NYSE:OKE
|
Total Other Income
$53m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-6%
|
CAGR 10-Years
N/A
|
|
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Williams Companies Inc
NYSE:WMB
|
Total Other Income
$108m
|
CAGR 3-Years
162%
|
CAGR 5-Years
27%
|
CAGR 10-Years
13%
|
|
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Enterprise Products Partners LP
NYSE:EPD
|
Total Other Income
-$26m
|
CAGR 3-Years
-1%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
N/A
|
|
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Kinder Morgan Inc
NYSE:KMI
|
Total Other Income
-$23m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
-24%
|
CAGR 10-Years
N/A
|
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.
