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