Hess Midstream (HESM) Other Operating Expenses (2019 - 2026)
Hess Midstream (HESM) posted Other Operating Expenses of $86.6 million for Q3 2026, down 11.7% from $98.1 million a year earlier but up 0.8% from the prior quarter.
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Analysis
Hess Midstream (HESM) Other Operating Expenses (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Other Operating Expenses at Hess Midstream was $350.9 million, down 5.3% year-over-year; for FY2025, it came in at $370.6 million, up 6.7% from FY2024.
- Annual Other Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 1.9% (FY2020 to FY2025).
- In prior years, Hess Midstream's Other Operating Expenses was $347.3 million in FY2024 (+11.0%), $313 million in FY2023 (+11.9%), $279.6 million in FY2022 (-3.0%) and $288.3 million in FY2021 (-14.6%).
- Quarterly Other Operating Expenses has run from a low of $62.5 million in Q1 2023 to a high of $98.1 million in Q3 2025 over five years.
- On a year-over-year basis, Other Operating Expenses increased in five of the last eight quarters, with growth averaging 1.5%.
- The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q4 2023, with growth of 33.9%; the weakest was Q3 2022, with a decline of 18.9%.
- According to Business Quant data, Other Operating Expenses for the three prior quarters was $85.9 million (Q2 2026), $85.6 million (Q1 2026) and $92.8 million (Q4 2025).
Peer Set
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 86.60 Mn |
| Jun 30, 2026 | 85.90 Mn |
| Mar 31, 2026 | 85.60 Mn |
| Dec 31, 2025 | 92.80 Mn |
| Sep 30, 2025 | 98.10 Mn |
| Jun 30, 2025 | 94.10 Mn |
| Mar 31, 2025 | 85.60 Mn |
| Dec 31, 2024 | 92.70 Mn |
| Sep 30, 2024 | 89.00 Mn |
| Jun 30, 2024 | 87.50 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 | 62.50 Mn |
| Dec 31, 2022 | 65.70 Mn |
| Sep 30, 2022 | 79.60 Mn |
| Jun 30, 2022 | 67.80 Mn |
| Mar 31, 2022 | 66.50 Mn |
| Dec 31, 2021 | 66.80 Mn |
API Access
Hess Midstream Other Operating 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-operating-expenses&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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-operating-expenses&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();