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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |