Hess Midstream (HESM) Price to FCF (2019 - 2026)
Hess Midstream (HESM) posted Price to FCF of 18.89 for Q2 2026, down 15.0% on a QoQ basis from 22.22 in Q1 2026, and down 20.11% year-over-year from 23.64 in Q2 2025.
Analysis
Hess Midstream (HESM) Price to FCF (2019 - 2026) Analysis & Trends
Hess Midstream has reported Price to FCF for 8 years, with the latest figure at 18.89 in Q2 2026.
- On a quarterly basis, Price to FCF fell 20.11% year-over-year to 18.89 in Q2 2026; TTM through Jun 2026 was 5.76, a 23.96% decrease from a year earlier, with the FY2025 full-year figure at 10.01, up 128849547.07% from the prior year.
- Price to FCF was 18.89 for Q2 2026 at Hess Midstream, down from 22.22 in the prior quarter.
- The five-year high for Price to FCF was 40.73 in Q4 2025, with the low at 0.0 in Q4 2024.
- Average Price to FCF over 5 years is 16.13, with a median of 14.14 recorded in 2023.
- The sharpest annual moves came in 2023 and 2025: Price to FCF sank 100.0% in 2023, then jumped 135129154.83% in 2025.
- Over 5 years, Price to FCF stood at 8.18 in 2022, then tumbled by 100.0% to 0.0 in 2023, then dropped by 1.44% to 0.0 in 2024, then surged by 135129154.83% to 40.73 in 2025, then plunged by 53.62% to 18.89 in 2026.
- The last three Price to FCF figures came in at 18.89 (Q2 2026), 22.22 (Q1 2026), and 40.73 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.89 |
| Mar 31, 2026 | 22.22 |
| Dec 31, 2025 | 40.73 |
| Sep 30, 2025 | 24.99 |
| Jun 30, 2025 | 23.64 |
| Mar 31, 2025 | 31.48 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 27.68 |
| Jun 30, 2024 | 16.04 |
| Mar 31, 2024 | 22.13 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 12.23 |
| Jun 30, 2023 | 10.79 |
| Mar 31, 2023 | 9.49 |
| Dec 31, 2022 | 8.18 |
| Sep 30, 2022 | 6.65 |
| Jun 30, 2022 | 7.83 |
| Mar 31, 2022 | 7.44 |
| Dec 31, 2021 | 37.81 |
| Sep 30, 2021 | 6.15 |