Hess Midstream (HESM) Payables (2018 - 2026)
Hess Midstream (HESM) reported Payables of $31.7 million for Q2 2026, down 28.3% from $44.2 million a year earlier but up 4.6% from the prior quarter.
Analysis
Hess Midstream (HESM) Payables (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream posted Payables of $26.9 million, down 51.9% from FY2024.
- Payables has a five-year compound annual growth rate of -2.2% (FY2020 to FY2025).
- By year, Payables came in at $55.9 million in FY2024 (+35.7%), $41.2 million in FY2023 (+17.7%), $35 million in FY2022 (+30.1%) and $26.9 million in FY2021 (-10.3%).
- Five-year quarterly Payables spans a low of $26.9 million in Q4 2021 and a high of $55.9 million in Q4 2024.
- Year over year, Payables has now declined in each of the last three quarters, with growth averaging 0.9% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q1 2022 (growth of 75.4%); the low point was Q4 2025 (a decline of 51.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $30.3 million (Q1 2026), $26.9 million (Q4 2025) and $53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 8.46 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.63 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 13.77 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.57 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 4.82 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 2.11 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 155.00 Mn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 5.03 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 293.00 Mn |
| 10 | Hess Midstream | 4.94 Bn | 4.92 Bn | - | 31.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.70 Mn |
| Mar 31, 2026 | 30.30 Mn |
| Dec 31, 2025 | 26.90 Mn |
| Sep 30, 2025 | 53.00 Mn |
| Jun 30, 2025 | 44.20 Mn |
| Mar 31, 2025 | 39.70 Mn |
| Dec 31, 2024 | 55.90 Mn |
| Sep 30, 2024 | 44.90 Mn |
| Jun 30, 2024 | 41.80 Mn |
| Mar 31, 2024 | 31.20 Mn |
| Dec 31, 2023 | 41.20 Mn |
| Sep 30, 2023 | 36.20 Mn |
| Jun 30, 2023 | 27.50 Mn |
| Mar 31, 2023 | 39.80 Mn |
| Dec 31, 2022 | 35.00 Mn |
| Sep 30, 2022 | 34.60 Mn |
| Jun 30, 2022 | 32.30 Mn |
| Mar 31, 2022 | 35.60 Mn |
| Dec 31, 2021 | 26.90 Mn |
| Sep 30, 2021 | 49.40 Mn |
API Access
Hess Midstream Payables 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=payables&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();