Hess Midstream (HESM) Other Operating Expenses (2019 - 2026)
Hess Midstream (HESM) recorded quarterly Other Operating Expenses of $85.6 million in Q1 2026, down 68.94% quarter-over-quarter from $275.6 million in Q4 2025, and little changed on a YoY basis from $85.6 million in Q1 2025.
Hess Midstream (HESM) Other Operating Expenses (2019 - 2026) Analysis & Trends
Hess Midstream's Other Operating Expenses history runs 8 years deep, the most recent figure standing at $85.6 million for Q1 2026.
- In Q1 2026, Other Operating Expenses changed 0.0% year-over-year to $85.6 million; the TTM figure through Mar 2026 stood at $493.5 million (up 606.01% YoY), while the FY2025 annual figure was $370.6 million, up 213.8% from the prior year.
- Other Operating Expenses was $85.6 million for Q1 2026 at Hess Midstream, down from $275.6 million in the prior quarter.
- In the past five years, Other Operating Expenses ranged from a high of $275.6 million in Q4 2025 to a low of -$138.7 million in Q4 2022.
- Historically, Other Operating Expenses has averaged $54.4 million across 5 years, with a median of $78.1 million in 2024.
- Biggest YoY gain for Other Operating Expenses was 797.7% in 2024; the steepest drop was 255.11% in 2024.
- A 5-year view of Other Operating Expenses shows it stood at -$138.7 million in 2022, then surged by 163.45% to $88.0 million in 2023, then sank by 255.11% to -$136.5 million in 2024, then surged by 301.9% to $275.6 million in 2025, then plunged by 68.94% to $85.6 million in 2026.
- The last three Other Operating Expenses figures came in at $85.6 million (Q1 2026), $275.6 million (Q4 2025), and $98.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 85.60 Mn |
| Dec 31, 2025 | 275.60 Mn |
| Sep 30, 2025 | 98.10 Mn |
| Jun 30, 2025 | 34.20 Mn |
| Mar 31, 2025 | 85.60 Mn |
| Dec 31, 2024 | -136.50 Mn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 31.80 Mn |
| Mar 31, 2024 | 78.10 Mn |
| Dec 31, 2023 | 88.00 Mn |
| Sep 30, 2023 | 89.40 Mn |
| Jun 30, 2023 | 73.10 Mn |
| Mar 31, 2023 | 8.70 Mn |
| Dec 31, 2022 | -138.70 Mn |
| Sep 30, 2022 | 79.60 Mn |
| Jun 30, 2022 | 17.50 Mn |
| Mar 31, 2022 | 66.50 Mn |
| Dec 31, 2021 | 205.50 Mn |
| Sep 30, 2021 | 51.50 Mn |
| Jun 30, 2021 | 18.00 Mn |