Hess Midstream (HESM) Net Long-Term Debt Issued (Repaid) (2019 - 2026)
Hess Midstream (HESM) reported Non-Current Debt of $3.08 billion for Q3 2026, down 18.2% from $3.76 billion a year earlier and down 15.4% from the prior quarter.
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Analysis
Hess Midstream (HESM) Net Long-Term Debt Issued (Repaid) (2019 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream posted Non-Current Debt of $3.74 billion, up 8.4% from FY2024.
- Non-Current Debt has increased for seven consecutive years, with a five-year compound annual growth rate of 14.5% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $3.45 billion in FY2024 (+7.8%), $3.2 billion in FY2023 (+11.0%), $2.88 billion in FY2022 (+13.4%) and $2.54 billion in FY2021 (+33.9%).
- The Q3 2026 figure ranks as the lowest quarterly Non-Current Debt since Q2 2023.
- Year over year, Non-Current Debt gained in six of the last eight quarters, with growth averaging 3.1%.
- The high point for year-over-year Non-Current Debt in five years was Q2 2022 (growth of 61.6%); the low point was Q3 2026 (a decline of 18.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $3.64 billion (Q2 2026), $3.74 billion (Q1 2026) and $3.74 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.23 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.73 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 210.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.03 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.75 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 462.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | -26.80 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | -119.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | -1.25 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | -7.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -7.50 Mn |
| Jun 30, 2026 | -7.50 Mn |
| Mar 31, 2026 | -7.50 Mn |
| Dec 31, 2025 | -7.50 Mn |
| Sep 30, 2025 | -5.00 Mn |
| Jun 30, 2025 | -5.00 Mn |
| Mar 31, 2025 | -5.00 Mn |
| Dec 31, 2024 | -5.00 Mn |
| Sep 30, 2024 | -2.50 Mn |
| Jun 30, 2024 | 592.50 Mn |
| Mar 31, 2024 | 2.50 Mn |
| Jun 30, 2022 | 5.00 Mn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 2.50 Mn |
| Sep 30, 2021 | 2.50 Mn |
| Jun 30, 2021 | 2.50 Mn |
| Mar 31, 2021 | 2.50 Mn |
| Mar 31, 2019 | -2.50 Mn |
API Access
Hess Midstream Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();