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 | 106.26 Bn | 104.14 Bn | 4.35 Bn | 0.61 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.07 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.34 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.15 |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.12 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 0.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.44 |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.07 |
| 10 | Hess Midstream | 3.97 Bn | 3.85 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();