Hess Midstream (HESM) Shares Outstanding (2018 - 2026)
Hess Midstream's Weighted Average Shares Outstanding came in at 128.4 million for Q3 2026, down 1.5% from 130.3 million a year earlier and unchanged from the prior quarter.
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Analysis
Hess Midstream (HESM) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, Hess Midstream's Weighted Average Shares Outstanding was 211.2 million, up 59.0% from FY2024.
- Weighted Average Shares Outstanding carries a five-year compound annual growth rate of 63.6% (FY2020 to FY2025).
- Going back by year, Weighted Average Shares Outstanding was 132.8 million in FY2024 (-25.4%), 177.9 million in FY2023 (+330.8%), 41.3 million in FY2022 (-83.3%) and 246.7 million in FY2021.
- The five-year range for quarterly Weighted Average Shares Outstanding is 33.7 million (Q1 2022) to 246.7 million (Q4 2021).
- Year-over-year, Weighted Average Shares Outstanding increased in six of the last eight quarters, with growth averaging 23.4%.
- The fastest year-over-year change in Weighted Average Shares Outstanding over five years came in Q4 2023 (growth of 330.8%), and the weakest in Q4 2022 (a decline of 83.3%).
- Business Quant data shows HESM's Weighted Average Shares Outstanding at 128.4 million (Q2 2026), 129.2 million (Q1 2026) and 211.2 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.19 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.24 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 2.16 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 2.23 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.04 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 3.44 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 214.50 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 206.30 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.01 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 128.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 128.40 Mn |
| Jun 30, 2026 | 128.40 Mn |
| Mar 31, 2026 | 129.20 Mn |
| Dec 31, 2025 | 211.20 Mn |
| Sep 30, 2025 | 130.30 Mn |
| Jun 30, 2025 | 121.80 Mn |
| Mar 31, 2025 | 110.70 Mn |
| Dec 31, 2024 | 132.80 Mn |
| Sep 30, 2024 | 93.00 Mn |
| Jun 30, 2024 | 83.80 Mn |
| Mar 31, 2024 | 75.10 Mn |
| Dec 31, 2023 | 177.90 Mn |
| Sep 30, 2023 | 62.50 Mn |
| Jun 30, 2023 | 50.10 Mn |
| Mar 31, 2023 | 44.00 Mn |
| Dec 31, 2022 | 41.30 Mn |
| Sep 30, 2022 | 44.00 Mn |
| Jun 30, 2022 | 43.70 Mn |
| Mar 31, 2022 | 33.70 Mn |
| Dec 31, 2021 | 246.70 Mn |
API Access
Hess Midstream Shares Outstanding 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=shares-outstanding&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();