Hess Midstream HESM
NYSE HESM
$30.96 +0.38 (+1.24%)
At close: Nov 13, 2026 · 4:00 PM EST

Hess Midstream (HESM) Construction in Progress (2019 - 2023)

Updated

Hess Midstream (HESM) reported Construction in Progress of $172 million for Q1 2023, up 82.2% from $94.4 million a year earlier and up 26.2% from the prior quarter.

Analysis

Hess Midstream (HESM) Construction in Progress (2019 - 2023) Analysis & Trends

At the end of FY2022, Hess Midstream posted Construction in Progress of $136.3 million, up 3.6% from FY2021.

  • Construction in Progress has a three-year compound annual growth rate of -3.0% (FY2019 to FY2022).
  • By year, Construction in Progress came in at $131.6 million in FY2021 and $149.3 million in FY2019.
  • The Q1 2023 figure ranks as the highest quarterly Construction in Progress since Q3 2020.
  • Per Business Quant data, the three quarters before Q1 2023 came in at $136.3 million (Q4 2022), $101.7 million (Q3 2022) and $148.7 million (Q2 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Enbridge 106.26 Bn 104.14 Bn 4.35 Bn -
2 Williams Companies 86.41 Bn 89.20 Bn 2.59 Bn -
3 Enterprise Products Partners 82.58 Bn 80.98 Bn 14.00 Mn 2.42 Bn
4 Kinder Morgan 71.13 Bn 71.22 Bn 2.97 Bn -
5 Tc Energy 67.40 Bn 71.05 Bn - -9.87 Mn
6 Energy Transfer 66.89 Bn 62.98 Bn 6.57 Bn -
7 Targa Resources 63.77 Bn 62.98 Bn 2.02 Bn -
8 Cheniere Energy 63.04 Bn 62.60 Bn 2.97 Bn -
9 Mplx 58.00 Bn 52.25 Bn 3.19 Bn -
10 Hess Midstream 3.97 Bn 3.85 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 172.00 Mn
Dec 31, 2022 136.30 Mn
Sep 30, 2022 101.70 Mn
Jun 30, 2022 148.70 Mn
Mar 31, 2022 94.40 Mn
Dec 31, 2021 131.60 Mn
Sep 30, 2020 208.70 Mn
Jun 30, 2020 187.90 Mn
Mar 31, 2020 147.20 Mn
Dec 31, 2019 149.30 Mn
API Access

Hess Midstream Construction in Progress 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=construction-in-progress&ticker=HESM&period=max&api_key=YOUR_API_KEY