Hess Midstream (HESM) Common Equity (2018 - 2026)

Hess Midstream (HESM) posted Common Equity of $518.0 million for Q1 2026, down 8.85% on a QoQ basis from $568.3 million in Q4 2025, and up 0.99% year-on-year from $512.9 million in Q1 2025.

Hess Midstream (HESM) Common Equity (2018 - 2026) Analysis & Trends

Hess Midstream has disclosed Common Equity across 9 years of filings, most recently posting $518.0 million for Q1 2026.

  • Common Equity for Q1 2026 came in at $518.0 million, up 0.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $518.0 million (up 0.99% YoY), and the FY2025 annual result was $568.3 million, up 22.14% from the prior year.
  • Common Equity came in at $518.0 million for Q1 2026 at Hess Midstream, down from $568.3 million in the prior quarter.
  • Over the last five years, Common Equity for HESM reached as high as $781.8 million in Q1 2022 and fell as low as $363.2 million in Q4 2023.
  • Median Common Equity over the past 5 years was $465.3 million (2024), compared with a mean of $483.5 million.
  • Year-over-year, Common Equity slumped 65.64% in 2022 and soared 34.37% in 2025.
  • Over 5 years, Common Equity stood at $529.0 million in 2022, then tumbled by 31.34% to $363.2 million in 2023, then grew by 28.11% to $465.3 million in 2024, then climbed by 22.14% to $568.3 million in 2025, then decreased by 8.85% to $518.0 million in 2026.
  • Per Business Quant, the three latest HESM Common Equity figures stand at $518.0 million (Q1 2026), $568.3 million (Q4 2025), and $426.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 47.38 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 31.32 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 29.53 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 49.74 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 3.14 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 14.30 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 22.36 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 78.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 7.23 Bn
10 Hess Midstream 4.86 Bn 4.85 Bn - 518.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 518.00 Mn
Dec 31, 2025 568.30 Mn
Sep 30, 2025 426.50 Mn
Jun 30, 2025 507.60 Mn
Mar 31, 2025 512.90 Mn
Dec 31, 2024 465.30 Mn
Sep 30, 2024 441.80 Mn
Jun 30, 2024 402.60 Mn
Mar 31, 2024 381.70 Mn
Dec 31, 2023 363.20 Mn
Sep 30, 2023 445.30 Mn
Jun 30, 2023 434.80 Mn
Mar 31, 2023 438.50 Mn
Dec 31, 2022 529.00 Mn
Sep 30, 2022 513.90 Mn
Jun 30, 2022 487.50 Mn
Mar 31, 2022 781.80 Mn
Dec 31, 2021 753.10 Mn
Sep 30, 2021 669.10 Mn
Jun 30, 2021 1.42 Bn