Hess Midstream (HESM) Accumulated Expenses (2018 - 2026)
Hess Midstream (HESM) recorded quarterly Accumulated Expenses of $4.7 million in Q1 2026, down 94.74% quarter-over-quarter from $89.4 million in Q4 2025, and down 94.88% on a YoY basis from $91.8 million in Q1 2025.
Hess Midstream (HESM) Accumulated Expenses (2018 - 2026) Analysis & Trends
Hess Midstream's Accumulated Expenses history runs 9 years deep, the most recent figure standing at $4.7 million for Q1 2026.
- In Q1 2026, Accumulated Expenses fell 94.88% year-over-year to $4.7 million; the TTM figure through Mar 2026 stood at $4.7 million (down 94.88% YoY), while the FY2025 annual figure was $89.4 million, up 229.89% from the prior year.
- Accumulated Expenses was $4.7 million for Q1 2026 at Hess Midstream, down from $89.4 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $103.6 million in Q3 2024 to a low of $4.7 million in Q1 2026.
- Historically, Accumulated Expenses has averaged $50.1 million across 5 years, with a median of $35.1 million in 2022.
- The sharpest annual moves came in 2025 and 2026: Accumulated Expenses surged 440.74% in 2025, then sank 94.88% in 2026.
- A 5-year view of Accumulated Expenses shows it stood at $24.1 million in 2022, then jumped by 78.01% to $42.9 million in 2023, then slumped by 36.83% to $27.1 million in 2024, then jumped by 229.89% to $89.4 million in 2025, then slumped by 94.74% to $4.7 million in 2026.
- The last three Accumulated Expenses figures came in at $4.7 million (Q1 2026), $89.4 million (Q4 2025), and $40.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |