Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026)

Hess Midstream (HESM) posted Asset Utilization Ratio of 0.37 for Q1 2026, up 1.87% on a QoQ basis from 0.37 in Q4 2025, and up 3.73% year-on-year from 0.36 in Q1 2025.

Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

Hess Midstream has disclosed Asset Utilization Ratio across 7 years of filings, most recently posting 0.37 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.37, up 3.73% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.37 (up 3.73% YoY), and the FY2025 annual result was 0.38, up 0.81% from the prior year.
  • Asset Utilization Ratio came in at 0.37 for Q1 2026 at Hess Midstream, up from 0.37 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for HESM reached as high as 0.37 in Q1 2026 and fell as low as 0.35 in Q3 2023.
  • Median Asset Utilization Ratio over the past 5 years was 0.36 (2023), compared with a mean of 0.36.
  • Year-over-year, Asset Utilization Ratio climbed 9.26% in 2022 and slipped 1.14% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.35 in 2022, then gained by 0.49% to 0.36 in 2023, then climbed by 1.11% to 0.36 in 2024, then climbed by 2.13% to 0.37 in 2025, then increased by 1.87% to 0.37 in 2026.
  • Per Business Quant, the three latest HESM Asset Utilization Ratio figures stand at 0.37 (Q1 2026), 0.37 (Q4 2025), and 0.36 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.31
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.65
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.49
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.63
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.21
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.52
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.66
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.28
10 Hess Midstream 4.86 Bn 4.85 Bn - 0.37

Historic Data

Download Data
DateValue
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 0.35
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
Jun 30, 2021 0.33