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HESM

Hess Midstream·NYSE
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HESM fundamentals

Hess Midstream (HESM) released its earnings on Nov 3, 2025: revenue was 420.90M (YoY +11.20%), beat estimates; EPS was 0.75 (YoY +19.05%), beat estimates.
Revenue / YoY
420.90M
+11.20%
EPS / YoY
0.75
+19.05%
Report date
Nov 3, 2025
HESM Earnings Call Summary for Q3,2025
  • Operational Excellence: Q3 volumes up 3% in gas gathering, supporting $321M EBITDA (80% margin). 2025 free cash flow ~$760M.
  • Distribution Growth: 5% annual Class A share target through 2027, backed by $140M+ annual excess cash flow.
  • CapEx Reduction: 2026+ CapEx ~$125M+ (vs $250-300M prior), freeing up $140M+ annual free cash flow.
  • Chevron Synergy: 3-rig program maintains 200,000 BOE/d plateau, driving gas volume growth (~75% of revenue).
EPS
Revenue

Revenue & Expenses

HESM has released its 2025 Q3 earnings report, with revenue of 420.90M, reflecting a YoY change of 11.20%, and net profit of 175.50M, showing a YoY change of 6.56%. The Sankey diagram below clearly presents HESM's revenue sources and cost distribution.

Key Indicators

Hess Midstream (HESM) key financial stats and ratios, covering profitability, financial health, and leverage.
Hess Midstream (HESM)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Hess Midstream (HESM)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Hess Midstream (HESM)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Hess Midstream (HESM) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Hess Midstream (HESM) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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