Hess Midstream (HESM) Accumulated Expenses (2018 - 2026)

Hess Midstream (HESM) posted Accumulated Expenses of $4.7 million for Q1 2026, down 94.74% on a QoQ basis from $89.4 million in Q4 2025, and down 94.88% year-on-year from $91.8 million in Q1 2025.

Hess Midstream (HESM) Accumulated Expenses (2018 - 2026) Analysis & Trends

Hess Midstream has disclosed Accumulated Expenses across 9 years of filings, most recently posting $4.7 million for Q1 2026.

  • Accumulated Expenses for Q1 2026 came in at $4.7 million, down 94.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.7 million (down 94.88% YoY), and the FY2025 annual result was $89.4 million, up 229.89% from the prior year.
  • Accumulated Expenses came in at $4.7 million for Q1 2026 at Hess Midstream, down from $89.4 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for HESM reached as high as $103.6 million in Q3 2024 and fell as low as $4.7 million in Q1 2026.
  • Median Accumulated Expenses over the past 5 years was $35.1 million (2022), compared with a mean of $50.1 million.
  • Year-over-year, Accumulated Expenses soared 440.74% in 2025 and plunged 94.88% in 2026.
  • Over 5 years, Accumulated Expenses stood at $24.1 million in 2022, then jumped by 78.01% to $42.9 million in 2023, then plunged by 36.83% to $27.1 million in 2024, then jumped by 229.89% to $89.4 million in 2025, then plunged by 94.74% to $4.7 million in 2026.
  • Per Business Quant, the three latest HESM Accumulated Expenses figures stand at $4.7 million (Q1 2026), $89.4 million (Q4 2025), and $40.3 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn
10 Hess Midstream 4.86 Bn 4.85 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 4.70 Mn
Dec 31, 2025 89.40 Mn
Sep 30, 2025 40.30 Mn
Jun 30, 2025 102.20 Mn
Mar 31, 2025 91.80 Mn
Dec 31, 2024 27.10 Mn
Sep 30, 2024 103.60 Mn
Jun 30, 2024 18.90 Mn
Mar 31, 2024 86.10 Mn
Dec 31, 2023 42.90 Mn
Sep 30, 2023 28.90 Mn
Jun 30, 2023 25.90 Mn
Mar 31, 2023 28.80 Mn
Dec 31, 2022 24.10 Mn
Sep 30, 2022 83.80 Mn
Jun 30, 2022 35.10 Mn
Mar 31, 2022 17.80 Mn
Dec 31, 2021 26.50 Mn
Sep 30, 2021 18.70 Mn
Jun 30, 2021 18.00 Mn