Hess Midstream (HESM) Dividend Coverage Ratio (2019 - 2021)
Hess Midstream's (HESM) Dividend Coverage Ratio stood at 0.78 in Q3 2021, up 11.4% from 0.70 a year earlier but down 19.9% from the prior quarter.
Hess Midstream (HESM) Dividend Coverage Ratio (2019 - 2021) Analysis & Trends
On a TTM basis, Hess Midstream's Dividend Coverage Ratio came in at 0.90 as of Sep 30, 2021, down 36.4% year-over-year; for FY2019, it came in at 0.43.
- Quarterly Dividend Coverage Ratio has ranged from 0.11 in Q1 2019 to 1.05 in Q1 2021 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio has increased for three consecutive quarters, with growth averaging 187.7% over the last four quarters.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.55 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.00 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | Hess Midstream | 4.83 Bn | 4.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2021 | 0.78 |
| Jun 30, 2021 | 0.97 |
| Mar 31, 2021 | 1.05 |
| Sep 30, 2020 | 0.70 |
| Jun 30, 2020 | 0.67 |
| Mar 31, 2020 | 0.86 |
| Mar 31, 2019 | 0.11 |
Hess Midstream Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();