Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026)
Hess Midstream (HESM) posted Asset Utilization Ratio of 0.38 for Q2 2026, up 0.59% on a QoQ basis from 0.37 in Q1 2026, and up 4.13% year-over-year from 0.36 in Q2 2025.
Analysis
Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Hess Midstream has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.38 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 4.13% year-over-year to 0.38 in Q2 2026; TTM through Jun 2026 was 0.38, a 4.13% increase from a year earlier, with the FY2025 full-year figure at 0.38, up 0.81% from the prior year.
- Asset Utilization Ratio was 0.38 for Q2 2026 at Hess Midstream, up from 0.37 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.38 in Q2 2026, with the low at 0.35 in Q3 2023.
- Average Asset Utilization Ratio over 5 years is 0.36, with a median of 0.36 recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio grew 9.3% in 2022, then declined 1.08% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.35 in 2022, then advanced by 0.51% to 0.36 in 2023, then gained by 1.1% to 0.36 in 2024, then climbed by 1.93% to 0.37 in 2025, then gained by 2.49% to 0.38 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.38 (Q2 2026), 0.37 (Q1 2026), and 0.37 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.24 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.72 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.58 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | - |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.60 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.58 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 0.36 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 0.22 |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 0.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.36 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.34 |