Hess Midstream (HESM) Market Capitalization (2018 - 2026)
Hess Midstream's Market Capitalization was $4.83 billion in Q2 2026, down 4.4% from $5.05 billion a year earlier and down 3.3% from the prior quarter.
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Analysis
Hess Midstream (HESM) Market Capitalization (2018 - 2026) Analysis & Trends
For FY2025, Market Capitalization at Hess Midstream came in at $7.29 billion.
- Market Capitalization shows a five-year compound annual growth rate of 83.2% (FY2020 to FY2025).
- In earlier years, Market Capitalization was $4,925 in FY2024 (-12.5%), $5,630 in FY2023 (-100.0%), $1.32 billion in FY2022 (-80.7%) and $6.82 billion in FY2021.
- Quarterly Market Capitalization has moved between $4,925 (Q4 2024) and $7.29 billion (Q4 2025) over five years.
- Compared with a year earlier, Market Capitalization was higher in five of the last seven quarters, with growth averaging 30.4%.
- The best year-over-year quarter for Market Capitalization over five years was Q3 2021 (growth of 159.1%); the worst was Q4 2023 (a decline of 100.0%).
- Per Business Quant data, HESM's Market Capitalization in the three quarters before Q2 2026 was $4.99 billion (Q1 2026), $7.29 billion (Q4 2025) and $4.47 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Hess Midstream | 4.80 Bn | 4.78 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.83 Bn |
| Mar 31, 2026 | 4.99 Bn |
| Dec 31, 2025 | 7.29 Bn |
| Sep 30, 2025 | 4.47 Bn |
| Jun 30, 2025 | 5.05 Bn |
| Mar 31, 2025 | 4.94 Bn |
| Dec 31, 2024 | 4,924.99 |
| Sep 30, 2024 | 3.67 Bn |
| Jun 30, 2024 | 3.33 Bn |
| Mar 31, 2024 | 2.89 Bn |
| Dec 31, 2023 | 5,630.14 |
| Sep 30, 2023 | 1.99 Bn |
| Jun 30, 2023 | 1.74 Bn |
| Mar 31, 2023 | 1.28 Bn |
| Dec 31, 2022 | 1.32 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.01 Bn |
| Dec 31, 2021 | 6.82 Bn |
| Sep 30, 2021 | 705.25 Mn |
API Access
Hess Midstream Market Capitalization 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=market-capitalization&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();