Hess Midstream (HESM) Payables (2018 - 2026)
Hess Midstream (HESM) reported Payables of $24.6 million for Q3 2026, down 53.6% from $53 million a year earlier and down 22.4% from the prior quarter.
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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%).
- The Q3 2026 figure ranks as the lowest quarterly Payables since Q2 2021.
- Year over year, Payables has now declined in each of the last four quarters, with an average decline of 8.8% 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 Q3 2026 (a decline of 53.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $31.7 million (Q2 2026), $30.3 million (Q1 2026) and $26.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 8.23 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.44 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.59 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 6.05 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 14.16 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 2.58 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 420.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 200.00 Mn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 24.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.60 Mn |
| 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 |
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_KEYimport 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();