Hess Midstream (HESM) Payables (2018 - 2026)
Hess Midstream (HESM) recorded quarterly Payables of $22.8 million in Q1 2026, down 15.24% quarter-over-quarter from $26.9 million in Q4 2025, and down 42.57% on a YoY basis from $39.7 million in Q1 2025.
Hess Midstream (HESM) Payables (2018 - 2026) Analysis & Trends
Hess Midstream's Payables history runs 9 years deep, the most recent figure standing at $22.8 million for Q1 2026.
- In Q1 2026, Payables fell 42.57% year-over-year to $22.8 million; the TTM figure through Mar 2026 stood at $22.8 million (down 42.57% YoY), while the FY2025 annual figure was $26.9 million, down 51.88% from the prior year.
- Payables was $22.8 million for Q1 2026 at Hess Midstream, down from $26.9 million in the prior quarter.
- In the past five years, Payables ranged from a high of $55.9 million in Q4 2024 to a low of $19.2 million in Q1 2023.
- Historically, Payables has averaged $35.1 million across 5 years, with a median of $35.6 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Payables jumped 91.4% in 2022, then sank 51.88% in 2025.
- A 5-year view of Payables shows it stood at $27.7 million in 2022, then soared by 48.74% to $41.2 million in 2023, then jumped by 35.68% to $55.9 million in 2024, then slumped by 51.88% to $26.9 million in 2025, then retreated by 15.24% to $22.8 million in 2026.
- The last three Payables figures came in at $22.8 million (Q1 2026), $26.9 million (Q4 2025), and $53.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 8.24 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.30 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.37 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 13.14 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 37.45 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 126.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 1.99 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 5.22 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 5.29 Bn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - | 22.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.80 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 | 38.10 Mn |
| Mar 31, 2024 | 21.20 Mn |
| Dec 31, 2023 | 41.20 Mn |
| Sep 30, 2023 | 36.20 Mn |
| Jun 30, 2023 | 27.50 Mn |
| Mar 31, 2023 | 19.20 Mn |
| Dec 31, 2022 | 27.70 Mn |
| Sep 30, 2022 | 29.60 Mn |
| Jun 30, 2022 | 32.30 Mn |
| Mar 31, 2022 | 35.60 Mn |
| Dec 31, 2021 | 26.90 Mn |
| Sep 30, 2021 | 33.20 Mn |
| Jun 30, 2021 | 22.30 Mn |