Hess Midstream (HESM) Common Equity (2018 - 2026)
Hess Midstream (HESM) posted Common Equity of $514.6 million for Q2 2026, up 1.4% from $507.6 million a year earlier and up 37.3% from the prior quarter.
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Analysis
Hess Midstream (HESM) Common Equity (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream's Common Equity came in at $568.3 million, up 22.1% from FY2024.
- Annual Common Equity shows a five-year compound annual growth rate of -15.6% (FY2020 to FY2025).
- In prior years, Hess Midstream's Common Equity was $465.3 million in FY2024 (+28.1%), $363.2 million in FY2023 (-31.3%), $529 million in FY2022 (-29.8%) and $753.1 million in FY2021 (-43.2%).
- Quarterly Common Equity has run from a low of $363.2 million in Q4 2023 to a high of $781.8 million in Q1 2022 over five years.
- On a year-over-year basis, Common Equity increased in six of the last eight quarters, with growth averaging 14.2%.
- The strongest year-over-year quarter for Common Equity in the past five years was Q1 2025, with growth of 34.4%; the weakest was Q2 2022, with a decline of 65.6%.
- According to Business Quant data, Common Equity for the three prior quarters was $374.8 million (Q1 2026), $568.3 million (Q4 2025) and $572.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 49.24 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 31.06 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 50.52 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 32.88 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 780.76 Mn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 3.80 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 14.25 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.04 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 11.49 Bn |
| 10 | Hess Midstream | 4.94 Bn | 4.92 Bn | - | 514.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 514.60 Mn |
| Mar 31, 2026 | 374.80 Mn |
| Dec 31, 2025 | 568.30 Mn |
| Sep 30, 2025 | 572.50 Mn |
| Jun 30, 2025 | 507.60 Mn |
| Mar 31, 2025 | 512.90 Mn |
| Dec 31, 2024 | 465.30 Mn |
| Sep 30, 2024 | 441.80 Mn |
| Jun 30, 2024 | 402.60 Mn |
| Mar 31, 2024 | 381.70 Mn |
| Dec 31, 2023 | 363.20 Mn |
| Sep 30, 2023 | 445.30 Mn |
| Jun 30, 2023 | 434.80 Mn |
| Mar 31, 2023 | 438.50 Mn |
| Dec 31, 2022 | 529.00 Mn |
| Sep 30, 2022 | 513.90 Mn |
| Jun 30, 2022 | 487.50 Mn |
| Mar 31, 2022 | 781.80 Mn |
| Dec 31, 2021 | 753.10 Mn |
| Sep 30, 2021 | 669.10 Mn |
API Access
Hess Midstream Common Equity 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=common-equity&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();