Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hess Midstream (HESM) Enterprise Value (2018 - 2026)

Hess Midstream (HESM) posted Enterprise Value of $4.8 billion for Q2 2026, down 3.28% on a QoQ basis from $5.0 billion in Q1 2026, and down 4.41% year-over-year from $5.0 billion in Q2 2025.

Analysis

Hess Midstream (HESM) Enterprise Value (2018 - 2026) Analysis & Trends

Hess Midstream has reported Enterprise Value for 9 years, with the latest figure at $4.8 billion in Q2 2026.

  • On a quarterly basis, Enterprise Value fell 4.41% year-over-year to $4.8 billion in Q2 2026; TTM through Jun 2026 was $4.8 billion, a 4.41% decrease from a year earlier, with the FY2025 full-year figure at $7.3 billion, up 169701.23% from the prior year.
  • Enterprise Value was $4.8 billion for Q2 2026 at Hess Midstream, down from $5.0 billion in the prior quarter.
  • The five-year high for Enterprise Value was $7.3 billion in Q4 2025, with the low at -$5.4 million in Q4 2023.
  • Average Enterprise Value over 5 years is $2.8 billion, with a median of $2.4 billion recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Enterprise Value tumbled 100.41% in 2023, then soared 169701.23% in 2025.
  • Over 5 years, Enterprise Value stood at $1.3 billion in 2022, then tumbled by 100.41% to -$5.4 million in 2023, then rose by 20.38% to -$4.3 million in 2024, then jumped by 169701.23% to $7.3 billion in 2025, then slumped by 33.82% to $4.8 billion in 2026.
  • The last three Enterprise Value figures came in at $4.8 billion (Q2 2026), $5.0 billion (Q1 2026), and $7.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn -
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn
10 Hess Midstream 5.12 Bn 5.12 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.82 Bn
Mar 31, 2026 4.98 Bn
Dec 31, 2025 7.28 Bn
Sep 30, 2025 4.47 Bn
Jun 30, 2025 5.04 Bn
Mar 31, 2025 4.93 Bn
Dec 31, 2024 -4.30 Mn
Sep 30, 2024 3.66 Bn
Jun 30, 2024 3.23 Bn
Mar 31, 2024 2.88 Bn
Dec 31, 2023 -5.39 Mn
Sep 30, 2023 1.99 Bn
Jun 30, 2023 1.74 Bn
Mar 31, 2023 1.27 Bn
Dec 31, 2022 1.31 Bn
Sep 30, 2022 1.12 Bn
Jun 30, 2022 1.23 Bn
Mar 31, 2022 1.01 Bn
Dec 31, 2021 6.81 Bn
Sep 30, 2021 702.65 Mn