Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hess Midstream (HESM) Operating Income (2018 - 2026)

Hess Midstream (HESM) posted Operating Income of $253.2 million for Q2 2026, up 6.34% on a QoQ basis from $238.1 million in Q1 2026, and down 2.69% year-over-year from $260.2 million in Q2 2025.

Analysis

Hess Midstream (HESM) Operating Income (2018 - 2026) Analysis & Trends

Hess Midstream has reported Operating Income for 9 years, with the latest figure at $253.2 million in Q2 2026.

  • On a quarterly basis, Operating Income fell 2.69% year-over-year to $253.2 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 3.03% increase from a year earlier, with the FY2025 full-year figure at $1.0 billion, up 9.7% from the prior year.
  • Operating Income was $253.2 million for Q2 2026 at Hess Midstream, up from $238.1 million in the prior quarter.
  • The five-year high for Operating Income was $260.2 million in Q2 2025, with the low at $188.7 million in Q1 2023.
  • Average Operating Income over 5 years is $223.7 million, with a median of $222.2 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Income increased 28.14% in 2022, then fell 3.48% in 2023.
  • Over 5 years, Operating Income stood at $196.4 million in 2022, then climbed by 6.98% to $210.1 million in 2023, then gained by 15.66% to $243.0 million in 2024, then climbed by 3.54% to $251.6 million in 2025, then grew by 0.64% to $253.2 million in 2026.
  • The last three Operating Income figures came in at $253.2 million (Q2 2026), $238.1 million (Q1 2026), and $251.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 1.35 Bn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.25 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 3.57 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 1.23 Bn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 1.38 Bn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.59 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 2.10 Bn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 806.00 Mn
10 Hess Midstream 5.12 Bn 5.12 Bn - 253.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 253.20 Mn
Mar 31, 2026 238.10 Mn
Dec 31, 2025 251.60 Mn
Sep 30, 2025 258.90 Mn
Jun 30, 2025 260.20 Mn
Mar 31, 2025 237.40 Mn
Dec 31, 2024 243.00 Mn
Sep 30, 2024 231.70 Mn
Jun 30, 2024 222.30 Mn
Mar 31, 2024 222.00 Mn
Dec 31, 2023 210.10 Mn
Sep 30, 2023 220.00 Mn
Jun 30, 2023 198.10 Mn
Mar 31, 2023 188.70 Mn
Dec 31, 2022 196.40 Mn
Sep 30, 2022 204.00 Mn
Jun 30, 2022 195.30 Mn
Mar 31, 2022 195.50 Mn
Dec 31, 2021 199.90 Mn
Sep 30, 2021 159.20 Mn