Hess Midstream (HESM) Other Operating Expenses (2019 - 2026)
Hess Midstream (HESM) posted Other Operating Expenses of $85.6 million for Q1 2026, down 68.94% on a QoQ basis from $275.6 million in Q4 2025, and little changed year-on-year from $85.6 million in Q1 2025.
Hess Midstream (HESM) Other Operating Expenses (2019 - 2026) Analysis & Trends
Hess Midstream has disclosed Other Operating Expenses across 8 years of filings, most recently posting $85.6 million for Q1 2026.
- Other Operating Expenses for Q1 2026 came in at $85.6 million, changed 0.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $493.5 million (up 606.01% YoY), and the FY2025 annual result was $370.6 million, up 213.8% from the prior year.
- Other Operating Expenses came in at $85.6 million for Q1 2026 at Hess Midstream, down from $275.6 million in the prior quarter.
- Over the last five years, Other Operating Expenses for HESM reached as high as $275.6 million in Q4 2025 and fell as low as -$138.7 million in Q4 2022.
- Median Other Operating Expenses over the past 5 years was $78.1 million (2024), compared with a mean of $54.4 million.
- On a YoY basis, Other Operating Expenses climbed as much as 797.7% in 2024 and fell as far as 255.11% in 2024.
- Over 5 years, Other Operating Expenses stood at -$138.7 million in 2022, then surged by 163.45% to $88.0 million in 2023, then tumbled by 255.11% to -$136.5 million in 2024, then surged by 301.9% to $275.6 million in 2025, then slumped by 68.94% to $85.6 million in 2026.
- Per Business Quant, the three latest HESM Other Operating Expenses figures stand at $85.6 million (Q1 2026), $275.6 million (Q4 2025), and $98.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Hess Midstream | 4.86 Bn | 4.85 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 |