Hess Midstream (HESM) Shares Outstanding (2018 - 2026)
Hess Midstream's Shares Outstanding came in at 128.4 million for Q2 2026, up 5.4% from 121.8 million a year earlier but down 0.6% from the prior quarter.
Powered by 
Analysis
Hess Midstream (HESM) Shares Outstanding (2018 - 2026) Analysis & Trends
For FY2025, Hess Midstream's Shares Outstanding was 211.2 million.
- Shares Outstanding carries a five-year compound annual growth rate of 63.6% (FY2020 to FY2025).
- Going back by year, Shares Outstanding was 132.80 in FY2024 (-25.4%), 177.90 in FY2023 (-100.0%), 41.3 million in FY2022 (-83.3%) and 246.7 million in FY2021.
- The five-year range for quarterly Shares Outstanding is 132.80 (Q4 2024) to 246.7 million (Q4 2021).
- Year-over-year, Shares Outstanding increased in six of the last seven quarters, with growth averaging 25.5%.
- The fastest year-over-year change in Shares Outstanding over five years came in Q3 2022 (growth of 76.0%), and the weakest in Q4 2023 (a decline of 100.0%).
- Business Quant data shows HESM's Shares Outstanding at 129.2 million (Q1 2026), 211.2 million (Q4 2025) and 130.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 2.18 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 2.16 Bn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 3.44 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 2.23 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 1.04 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 214.60 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 1.02 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 209.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 630.90 Mn |
| 10 | Hess Midstream | 4.80 Bn | 4.78 Bn | - | 128.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2024 | 93.00 Mn |
| Jun 30, 2024 | 83.80 Mn |
| Mar 31, 2024 | 75.10 Mn |
| Dec 31, 2023 | 177.90 |
| 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 |
| Sep 30, 2021 | 25.00 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();