Hess Midstream (HESM) Depreciation and Depletion (2019 - 2026)

Hess Midstream (HESM) recorded quarterly Depreciation and Depletion of $58.5 million in Q1 2026, up 7.93% quarter-over-quarter from $54.2 million in Q4 2025, and up 13.59% on a YoY basis from $51.5 million in Q1 2025.

Hess Midstream (HESM) Depreciation and Depletion (2019 - 2026) Analysis & Trends

Hess Midstream's Depreciation and Depletion history runs 8 years deep, the most recent figure standing at $58.5 million for Q1 2026.

  • In Q1 2026, Depreciation and Depletion rose 13.59% year-over-year to $58.5 million; the TTM figure through Mar 2026 stood at $221.1 million (up 7.96% YoY), while the FY2025 annual figure was $214.1 million, up 5.42% from the prior year.
  • Depreciation and Depletion was $58.5 million for Q1 2026 at Hess Midstream, up from $54.2 million in the prior quarter.
  • In the past five years, Depreciation and Depletion ranged from a high of $58.5 million in Q1 2026 to a low of $44.4 million in Q1 2022.
  • Historically, Depreciation and Depletion has averaged $50.0 million across 5 years, with a median of $50.4 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: Depreciation and Depletion increased 1.79% in 2024, then advanced 13.59% in 2026.
  • A 5-year view of Depreciation and Depletion shows it stood at $46.4 million in 2022, then increased by 8.62% to $50.4 million in 2023, then increased by 1.79% to $51.3 million in 2024, then increased by 5.65% to $54.2 million in 2025, then gained by 7.93% to $58.5 million in 2026.
  • The last three Depreciation and Depletion figures came in at $58.5 million (Q1 2026), $54.2 million (Q4 2025), and $56.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn -
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 553.00 Mn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn -
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn -
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -41.49 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 315.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 322.80 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn -
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Hess Midstream 4.98 Bn 4.97 Bn - 58.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 58.50 Mn
Mar 31, 2026 58.50 Mn
Dec 31, 2025 54.20 Mn
Dec 31, 2025 54.20 Mn
Sep 30, 2025 56.60 Mn
Sep 30, 2025 56.60 Mn
Jun 30, 2025 51.80 Mn
Jun 30, 2025 51.80 Mn
Mar 31, 2025 51.50 Mn
Mar 31, 2025 51.50 Mn
Dec 31, 2024 51.30 Mn
Dec 31, 2024 51.30 Mn
Sep 30, 2024 51.50 Mn
Sep 30, 2024 51.50 Mn
Jun 30, 2024 50.50 Mn
Jun 30, 2024 50.50 Mn
Mar 31, 2024 49.80 Mn
Mar 31, 2024 49.80 Mn
Dec 31, 2023 50.40 Mn
Dec 31, 2023 50.40 Mn