Hess Midstream (HESM) Cash from Operations (2019 - 2026)
Hess Midstream (HESM) posted Cash from Operations of $278.6 million for Q2 2026, up 9.99% on a QoQ basis from $253.3 million in Q1 2026, and up 0.61% year-over-year from $276.9 million in Q2 2025.
Analysis
Hess Midstream (HESM) Cash from Operations (2019 - 2026) Analysis & Trends
Hess Midstream has reported Cash from Operations for 8 years, with the latest figure at $278.6 million in Q2 2026.
- On a quarterly basis, Cash from Operations rose 0.61% year-over-year to $278.6 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 7.66% increase from a year earlier, with the FY2025 full-year figure at $983.8 million, up 4.63% from the prior year.
- Cash from Operations was $278.6 million for Q2 2026 at Hess Midstream, up from $253.3 million in the prior quarter.
- The five-year high for Cash from Operations was $278.6 million in Q2 2026, with the low at $185.3 million in Q1 2024.
- Average Cash from Operations over 5 years is $232.4 million, with a median of $229.8 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Cash from Operations declined 8.18% in 2023, then soared 32.75% in 2024.
- Over 5 years, Cash from Operations stood at $222.6 million in 2022, then gained by 11.23% to $247.6 million in 2023, then advanced by 4.4% to $258.5 million in 2024, then decreased by 4.99% to $245.6 million in 2025, then advanced by 13.44% to $278.6 million in 2026.
- The last three Cash from Operations figures came in at $278.6 million (Q2 2026), $253.3 million (Q1 2026), and $245.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.96 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 3.18 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 4.27 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.88 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.44 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.70 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 2.05 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.97 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 897.00 Mn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 278.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 278.60 Mn |
| Mar 31, 2026 | 253.30 Mn |
| Dec 31, 2025 | 245.60 Mn |
| Sep 30, 2025 | 258.90 Mn |
| Jun 30, 2025 | 276.90 Mn |
| Mar 31, 2025 | 202.40 Mn |
| Dec 31, 2024 | 258.50 Mn |
| Sep 30, 2024 | 224.90 Mn |
| Jun 30, 2024 | 271.60 Mn |
| Mar 31, 2024 | 185.30 Mn |
| Dec 31, 2023 | 247.60 Mn |
| Sep 30, 2023 | 215.50 Mn |
| Jun 30, 2023 | 204.60 Mn |
| Mar 31, 2023 | 198.70 Mn |
| Dec 31, 2022 | 222.60 Mn |
| Sep 30, 2022 | 234.70 Mn |
| Jun 30, 2022 | 213.20 Mn |
| Mar 31, 2022 | 190.60 Mn |
| Dec 31, 2021 | 223.50 Mn |
| Sep 30, 2021 | 182.00 Mn |