
Hess Midstream LP
NYSE:HESM

Operating Margin
Hess Midstream LP
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
US |
![]() |
Hess Midstream LP
NYSE:HESM
|
9.3B USD |
61%
|
|
CA |
![]() |
Enbridge Inc
TSX:ENB
|
138.6B CAD |
18%
|
|
US |
![]() |
Enterprise Products Partners LP
NYSE:EPD
|
73.8B USD |
12%
|
|
US |
![]() |
Williams Companies Inc
NYSE:WMB
|
72.2B USD |
32%
|
|
US |
![]() |
Energy Transfer LP
NYSE:ET
|
64B USD |
11%
|
|
US |
![]() |
Kinder Morgan Inc
NYSE:KMI
|
63B USD |
29%
|
|
US |
![]() |
ONEOK Inc
NYSE:OKE
|
57.4B USD |
23%
|
|
US |
![]() |
MPLX LP
NYSE:MPLX
|
55B USD |
44%
|
|
US |
![]() |
Cheniere Energy Inc
NYSE:LNG
|
50.7B USD |
39%
|
|
CA |
![]() |
TC Energy Corp
TSX:TRP
|
71.5B CAD |
42%
|
|
US |
![]() |
Targa Resources Corp
NYSE:TRGP
|
43.1B USD |
16%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Hess Midstream LP's most recent financial statements, the company has Operating Margin of 61.5%.