Hess Midstream (HESM) Equity Average (2019 - 2026)

Hess Midstream (HESM) posted Equity Average of $406.3 million for Q1 2026, down 19.57% on a QoQ basis from $505.2 million in Q4 2025, and down 16.92% year-on-year from $489.1 million in Q1 2025.

Hess Midstream (HESM) Equity Average (2019 - 2026) Analysis & Trends

Hess Midstream has disclosed Equity Average across 8 years of filings, most recently posting $406.3 million for Q1 2026.

  • Equity Average for Q1 2026 came in at $406.3 million, down 16.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $406.3 million (down 16.92% YoY), and the FY2025 annual result was $451.6 million, up 9.02% from the prior year.
  • Equity Average came in at $406.3 million for Q1 2026 at Hess Midstream, down from $505.2 million in the prior quarter.
  • Over the last five years, Equity Average for HESM reached as high as $767.4 million in Q1 2022 and fell as low as $372.4 million in Q1 2024.
  • Median Equity Average over the past 5 years was $483.8 million (2023), compared with a mean of $487.1 million.
  • Year-over-year, Equity Average plunged 54.73% in 2022 and soared 31.32% in 2025.
  • Over 5 years, Equity Average 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.
  • Per Business Quant, the three latest HESM Equity Average figures stand at $406.3 million (Q1 2026), $505.2 million (Q4 2025), and $540.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 47.06 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 31.89 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 30.04 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 41.74 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 3.23 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 14.30 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 22.51 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 246.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 8.73 Bn
10 Hess Midstream 4.86 Bn 4.85 Bn - 406.35 Mn

Historic Data

Download Data
DateValue
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