Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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