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

Hess Midstream (HESM) Capital Expenditures (2019 - 2026)

Hess Midstream (HESM) posted Capital Expenditures of $23.1 million for Q2 2026, down 19.79% on a QoQ basis from $28.8 million in Q1 2026, and down 63.56% year-over-year from $63.4 million in Q2 2025.

Analysis

Hess Midstream (HESM) Capital Expenditures (2019 - 2026) Analysis & Trends

Hess Midstream has reported Capital Expenditures for 8 years, with the latest figure at $23.1 million in Q2 2026.

  • On a quarterly basis, Capital Expenditures fell 63.56% year-over-year to $23.1 million in Q2 2026; TTM through Jun 2026 was $198.6 million, a 32.97% decrease from a year earlier, with the FY2025 full-year figure at $255.6 million, down 16.5% from the prior year.
  • Capital Expenditures was $23.1 million for Q2 2026 at Hess Midstream, down from $28.8 million in the prior quarter.
  • The five-year high for Capital Expenditures was $95.1 million in Q4 2024, with the low at $23.1 million in Q2 2026.
  • Average Capital Expenditures over 5 years is $59.7 million, with a median of $62.5 million recorded in 2022.
  • The sharpest annual moves came in 2022 and 2026: Capital Expenditures surged 115.0% in 2022, then slumped 63.56% in 2026.
  • Over 5 years, Capital Expenditures stood at $61.6 million in 2022, then gained by 3.08% to $63.5 million in 2023, then surged by 49.76% to $95.1 million in 2024, then decreased by 29.86% to $66.7 million in 2025, then plunged by 65.37% to $23.1 million in 2026.
  • The last three Capital Expenditures figures came in at $23.1 million (Q2 2026), $28.8 million (Q1 2026), and $66.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 982.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 1.16 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 1.56 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -773.53 Mn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 1.01 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 825.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 613.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 2.15 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn -218.00 Mn
10 Hess Midstream 5.12 Bn 5.12 Bn - 23.10 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.10 Mn
Mar 31, 2026 28.80 Mn
Dec 31, 2025 66.70 Mn
Sep 30, 2025 80.00 Mn
Jun 30, 2025 63.40 Mn
Mar 31, 2025 45.50 Mn
Dec 31, 2024 95.10 Mn
Sep 30, 2024 92.30 Mn
Jun 30, 2024 63.90 Mn
Mar 31, 2024 54.80 Mn
Dec 31, 2023 63.50 Mn
Sep 30, 2023 52.70 Mn
Jun 30, 2023 43.00 Mn
Mar 31, 2023 64.30 Mn
Dec 31, 2022 61.60 Mn
Sep 30, 2022 65.90 Mn
Jun 30, 2022 55.90 Mn
Mar 31, 2022 54.80 Mn
Dec 31, 2021 43.20 Mn
Sep 30, 2021 67.30 Mn