Hess Midstream (HESM) Equity Average (2019 - 2026)
Hess Midstream (HESM) recorded quarterly Equity Average of $406.3 million in Q1 2026, down 19.57% quarter-over-quarter from $505.2 million in Q4 2025, and down 16.92% on a YoY basis from $489.1 million in Q1 2025.
Hess Midstream (HESM) Equity Average (2019 - 2026) Analysis & Trends
Hess Midstream's Equity Average history runs 8 years deep, the most recent figure standing at $406.3 million for Q1 2026.
- In Q1 2026, Equity Average fell 16.92% year-over-year to $406.3 million; the TTM figure through Mar 2026 stood at $406.3 million (down 16.92% YoY), while the FY2025 annual figure was $451.6 million, up 9.02% from the prior year.
- Equity Average was $406.3 million for Q1 2026 at Hess Midstream, down from $505.2 million in the prior quarter.
- In the past five years, Equity Average ranged from a high of $767.4 million in Q1 2022 to a low of $372.4 million in Q1 2024.
- Historically, Equity Average has averaged $487.1 million across 5 years, with a median of $483.8 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Equity Average sank 54.73% in 2022, then surged 31.32% in 2025.
- A 5-year view of Equity Average shows it stood at $521.4 million in 2022, then retreated by 22.48% to $404.2 million in 2023, then advanced by 12.2% to $453.6 million in 2024, then increased by 11.39% to $505.2 million in 2025, then dropped by 19.57% to $406.3 million in 2026.
- The last three Equity Average figures came in at $406.3 million (Q1 2026), $505.2 million (Q4 2025), and $540.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 47.06 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 30.04 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 31.89 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 41.74 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 14.30 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 3.23 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 22.51 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 19.76 Bn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - | 406.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 406.35 Mn |
| Dec 31, 2025 | 505.20 Mn |
| Sep 30, 2025 | 540.05 Mn |
| Jun 30, 2025 | 510.25 Mn |
| Mar 31, 2025 | 489.10 Mn |
| Dec 31, 2024 | 453.55 Mn |
| Sep 30, 2024 | 422.20 Mn |
| Jun 30, 2024 | 392.15 Mn |
| Mar 31, 2024 | 372.45 Mn |
| Dec 31, 2023 | 404.25 Mn |
| Sep 30, 2023 | 440.05 Mn |
| Jun 30, 2023 | 436.65 Mn |
| Mar 31, 2023 | 483.75 Mn |
| Dec 31, 2022 | 521.45 Mn |
| Sep 30, 2022 | 500.70 Mn |
| Jun 30, 2022 | 634.65 Mn |
| Mar 31, 2022 | 767.45 Mn |
| Dec 31, 2021 | 711.10 Mn |
| Sep 30, 2021 | 1.04 Bn |
| Jun 30, 2021 | 1.40 Bn |