Hess Midstream (HESM) Assets (2018 - 2026)
Hess Midstream's Assets came in at $4.26 billion for Q2 2026, down 3.8% from $4.42 billion a year earlier and down 1.4% from the prior quarter.
Powered by 
Analysis
Hess Midstream (HESM) Assets (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream's Assets was $4.39 billion, up 5.7% from FY2024.
- Assets has increased in each of the last seven years, with a five-year compound annual growth rate of 5.4% (FY2020 to FY2025).
- Going back by year, Assets was $4.15 billion in FY2024 (+9.5%), $3.79 billion in FY2023 (+5.6%), $3.59 billion in FY2022 (+2.9%) and $3.49 billion in FY2021 (+3.3%).
- The Q2 2026 figure represents the lowest quarterly Assets since Q4 2024.
- Year-over-year, Assets increased in seven of the last eight quarters, with growth averaging 6.1%.
- The fastest year-over-year change in Assets over five years came in Q2 2024 (growth of 10.7%), and the weakest in Q2 2026 (a decline of 3.8%).
- Business Quant data shows HESM's Assets at $4.32 billion (Q1 2026), $4.39 billion (Q4 2025) and $4.44 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 167.46 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 60.61 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 81.76 Bn |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 148.17 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 74.06 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 28.52 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 42.97 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 47.97 Bn |
| 10 | Hess Midstream | 4.88 Bn | 4.87 Bn | - | 4.26 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.26 Bn |
| Mar 31, 2026 | 4.32 Bn |
| Dec 31, 2025 | 4.39 Bn |
| Sep 30, 2025 | 4.44 Bn |
| Jun 30, 2025 | 4.42 Bn |
| Mar 31, 2025 | 4.26 Bn |
| Dec 31, 2024 | 4.15 Bn |
| Sep 30, 2024 | 4.15 Bn |
| Jun 30, 2024 | 4.05 Bn |
| Mar 31, 2024 | 3.86 Bn |
| Dec 31, 2023 | 3.79 Bn |
| Sep 30, 2023 | 3.78 Bn |
| Jun 30, 2023 | 3.66 Bn |
| Mar 31, 2023 | 3.58 Bn |
| Dec 31, 2022 | 3.59 Bn |
| Sep 30, 2022 | 3.60 Bn |
| Jun 30, 2022 | 3.60 Bn |
| Mar 31, 2022 | 3.48 Bn |
| Dec 31, 2021 | 3.49 Bn |
| Sep 30, 2021 | 3.46 Bn |
API Access
Hess Midstream Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();