Hess Midstream (HESM) Operating Expenses (2019 - 2026)

Hess Midstream's Operating Expenses history runs 8 years deep, the most recent figure standing at $152.0 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 5.12% year-over-year to $152.0 million; the TTM figure through Mar 2026 stood at $743.5 million (up 145.7% YoY), while the FY2025 annual figure was $613.2 million, up 76.56% from the prior year.
• Operating Expenses was $152.0 million for Q1 2026 at Hess Midstream, down from $335.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $335.4 million in Q4 2025 to a low of -$86.2 million in Q4 2022.
• Historically, Operating Expenses has averaged $111.0 million across 5 years, with a median of $130.8 million in 2022.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 152.12% in 2024, then jumped 539.58% in 2025.
• A 5-year view of Operating Expenses shows it stood at -$86.2 million in 2022, then jumped by 269.84% to $146.4 million in 2023, then plunged by 152.12% to -$76.3 million in 2024, then surged by 539.58% to $335.4 million in 2025, then sank by 54.68% to $152.0 million in 2026.
• The last three Operating Expenses figures came in at $152.0 million (Q1 2026), $335.4 million (Q4 2025), and $162.0 million (Q3 2025), per Business Quant data.