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
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