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
DateValue
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