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| Date | Value |
|---|---|
| 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 |