Hess Midstream (HESM) Other Accumulated Expenses (2018 - 2026)
Hess Midstream's Other Accumulated Expenses was $23.3 million in Q3 2026, down 30.9% from $33.7 million a year earlier and down 17.4% from the prior quarter.
Hess Midstream (HESM) Other Accumulated Expenses (2018 - 2026) Analysis & Trends
At the end of FY2025, Other Accumulated Expenses at Hess Midstream came in at $28.9 million, up 2.8% from FY2024.
- Other Accumulated Expenses has now increased for three consecutive years, with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In earlier years, Other Accumulated Expenses was $28.1 million in FY2024 (+3.3%), $27.2 million in FY2023 (+16.2%), $23.4 million in FY2022 (-37.8%) and $37.6 million in FY2021 (+67.1%).
- The Q3 2026 figure marks the lowest quarterly Other Accumulated Expenses since Q2 2023.
- Compared with a year earlier, Other Accumulated Expenses has declined for three straight quarters, with an average decline of 3.3% over the last eight quarters.
- The best year-over-year quarter for Other Accumulated Expenses over five years was Q4 2021 (growth of 67.1%); the worst was Q4 2022 (a decline of 37.8%).
- Per Business Quant data, HESM's Other Accumulated Expenses in the three quarters before Q3 2026 was $28.2 million (Q2 2026), $27.8 million (Q1 2026) and $28.9 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.30 Mn |
| Jun 30, 2026 | 28.20 Mn |
| Mar 31, 2026 | 27.80 Mn |
| Dec 31, 2025 | 28.90 Mn |
| Sep 30, 2025 | 33.70 Mn |
| Jun 30, 2025 | 35.60 Mn |
| Mar 31, 2025 | 28.00 Mn |
| Dec 31, 2024 | 28.10 Mn |
| Sep 30, 2024 | 33.70 Mn |
| Jun 30, 2024 | 28.80 Mn |
| Mar 31, 2024 | 29.10 Mn |
| Dec 31, 2023 | 27.20 Mn |
| Sep 30, 2023 | 31.30 Mn |
| Jun 30, 2023 | 21.30 Mn |
| Mar 31, 2023 | 20.20 Mn |
| Dec 31, 2022 | 23.40 Mn |
| Sep 30, 2022 | 29.60 Mn |
| Jun 30, 2022 | 28.20 Mn |
| Mar 31, 2022 | 27.40 Mn |
| Dec 31, 2021 | 37.60 Mn |
Hess Midstream Other Accumulated Expenses 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=other-accumulated-expenses&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "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=other-accumulated-expenses&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();