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
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