Hess Midstream (HESM) EBITDA (2018 - 2026)
Hess Midstream (HESM) posted EBITDA of $307.6 million for Q2 2026, up 3.71% on a QoQ basis from $296.6 million in Q1 2026, and down 1.41% year-over-year from $312.0 million in Q2 2025.
Analysis
Hess Midstream (HESM) EBITDA (2018 - 2026) Analysis & Trends
Hess Midstream has reported EBITDA for 9 years, with the latest figure at $307.6 million in Q2 2026.
- On a quarterly basis, EBITDA fell 1.41% year-over-year to $307.6 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 4.0% increase from a year earlier, with the FY2025 full-year figure at $1.2 billion, up 8.92% from the prior year.
- EBITDA was $307.6 million for Q2 2026 at Hess Midstream, up from $296.6 million in the prior quarter.
- The five-year high for EBITDA was $315.5 million in Q3 2025, with the low at $236.1 million in Q1 2023.
- Average EBITDA over 5 years is $273.9 million, with a median of $272.3 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBITDA increased 24.31% in 2022, then fell 1.58% in 2023.
- Over 5 years, EBITDA stood at $242.8 million in 2022, then grew by 7.29% to $260.5 million in 2023, then grew by 12.98% to $294.3 million in 2024, then gained by 3.91% to $305.8 million in 2025, then gained by 0.59% to $307.6 million in 2026.
- The last three EBITDA figures came in at $307.6 million (Q2 2026), $296.6 million (Q1 2026), and $305.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.35 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 2.25 Bn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.57 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.67 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 1.59 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.70 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 1.59 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.10 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 806.00 Mn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 307.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 307.60 Mn |
| Mar 31, 2026 | 296.60 Mn |
| Dec 31, 2025 | 305.80 Mn |
| Sep 30, 2025 | 315.50 Mn |
| Jun 30, 2025 | 312.00 Mn |
| Mar 31, 2025 | 288.90 Mn |
| Dec 31, 2024 | 294.30 Mn |
| Sep 30, 2024 | 283.20 Mn |
| Jun 30, 2024 | 272.80 Mn |
| Mar 31, 2024 | 271.80 Mn |
| Dec 31, 2023 | 260.50 Mn |
| Sep 30, 2023 | 267.70 Mn |
| Jun 30, 2023 | 245.10 Mn |
| Mar 31, 2023 | 236.10 Mn |
| Dec 31, 2022 | 242.80 Mn |
| Sep 30, 2022 | 249.50 Mn |
| Jun 30, 2022 | 240.30 Mn |
| Mar 31, 2022 | 239.90 Mn |
| Dec 31, 2021 | 243.40 Mn |
| Sep 30, 2021 | 200.70 Mn |