Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hess Midstream (HESM) Tax Provisions (2020 - 2026)

Hess Midstream (HESM) posted Tax Provisions of $31.1 million for Q2 2026, up 10.28% on a QoQ basis from $28.2 million in Q1 2026, and up 6.87% year-over-year from $29.1 million in Q2 2025.

Analysis

Hess Midstream (HESM) Tax Provisions (2020 - 2026) Analysis & Trends

Hess Midstream has reported Tax Provisions for 7 years, with the latest figure at $31.1 million in Q2 2026.

  • On a quarterly basis, Tax Provisions rose 6.87% year-over-year to $31.1 million in Q2 2026; TTM through Jun 2026 was $174.9 million, a 86.86% increase from a year earlier, with the FY2025 full-year figure at $167.7 million, up 133.57% from the prior year.
  • Tax Provisions was $31.1 million for Q2 2026 at Hess Midstream, up from $28.2 million in the prior quarter.
  • The five-year high for Tax Provisions was $84.1 million in Q4 2025, with the low at $5.0 million in Q1 2022.
  • Average Tax Provisions over 5 years is $20.2 million, with a median of $15.2 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Tax Provisions surged 272.12% in 2025, then rose 6.87% in 2026.
  • Over 5 years, Tax Provisions stood at $7.0 million in 2022, then jumped by 70.0% to $11.9 million in 2023, then soared by 89.92% to $22.6 million in 2024, then soared by 272.12% to $84.1 million in 2025, then slumped by 63.02% to $31.1 million in 2026.
  • The last three Tax Provisions figures came in at $31.1 million (Q2 2026), $28.2 million (Q1 2026), and $84.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 272.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 12.00 Mn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 194.00 Mn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 61.45 Mn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 227.20 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 2.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 299.00 Mn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 319.53 Mn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 140.00 Mn
10 Hess Midstream 5.12 Bn 5.12 Bn - 31.10 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 31.10 Mn
Mar 31, 2026 28.20 Mn
Dec 31, 2025 84.10 Mn
Sep 30, 2025 31.50 Mn
Jun 30, 2025 29.10 Mn
Mar 31, 2025 23.00 Mn
Dec 31, 2024 22.60 Mn
Sep 30, 2024 18.90 Mn
Jun 30, 2024 16.00 Mn
Mar 31, 2024 14.30 Mn
Dec 31, 2023 11.90 Mn
Sep 30, 2023 11.40 Mn
Jun 30, 2023 8.10 Mn
Mar 31, 2023 6.50 Mn
Dec 31, 2022 7.00 Mn
Sep 30, 2022 7.50 Mn
Jun 30, 2022 7.10 Mn
Mar 31, 2022 5.00 Mn
Dec 31, 2021 5.40 Mn
Sep 30, 2021 3.10 Mn