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

Hess Midstream has disclosed Operating Expenses across 8 years of filings, most recently posting $152.0 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $152.0 million, up 5.12% year-over-year; the trailing twelve-month figure through Mar 2026 was $743.5 million (up 145.7% YoY), and the FY2025 annual result was $613.2 million, up 76.56% from the prior year.
• Operating Expenses came in at $152.0 million for Q1 2026 at Hess Midstream, down from $335.4 million in the prior quarter.
• Over the last five years, Operating Expenses for HESM reached as high as $335.4 million in Q4 2025 and fell as low as -$86.2 million in Q4 2022.
• Median Operating Expenses over the past 5 years was $130.8 million (2022), compared with a mean of $111.0 million.
• Year-over-year, Operating Expenses sank 152.12% in 2024 and surged 539.58% in 2025.
• Over 5 years, Operating Expenses stood at -$86.2 million in 2022, then jumped by 269.84% to $146.4 million in 2023, then slumped by 152.12% to -$76.3 million in 2024, then surged by 539.58% to $335.4 million in 2025, then tumbled by 54.68% to $152.0 million in 2026.
• Per Business Quant, the three latest HESM Operating Expenses figures stand at $152.0 million (Q1 2026), $335.4 million (Q4 2025), and $162.0 million (Q3 2025).