Hess Midstream (HESM) Total Debt (2018 - 2026)
Hess Midstream's Total Debt came in at $3.68 billion for Q2 2026, down 0.9% from $3.71 billion a year earlier and down 2.4% from the prior quarter.
Powered by 
Analysis
Hess Midstream (HESM) Total Debt (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream's Total Debt was $3.77 billion, up 8.6% from FY2024.
- Total Debt has increased in each of the last seven years, with a five-year compound annual growth rate of 14.6% (FY2020 to FY2025).
- Going back by year, Total Debt was $3.47 billion in FY2024 (+8.1%), $3.21 billion in FY2023 (+11.3%), $2.89 billion in FY2022 (+12.6%) and $2.56 billion in FY2021 (+34.2%).
- The Q2 2026 figure represents the lowest quarterly Total Debt since Q1 2025.
- Year-over-year, Total Debt increased in seven of the last eight quarters, with growth averaging 7.0%.
- The fastest year-over-year change in Total Debt over five years came in Q2 2022 (growth of 60.3%), and the weakest in Q2 2026 (a decline of 0.9%).
- Business Quant data shows HESM's Total Debt at $3.77 billion (Q1 2026), $3.77 billion (Q4 2025) and $3.79 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 81.06 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 33.23 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 68.41 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 32.25 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 35.73 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 19.58 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 25.64 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 33.02 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 24.04 Bn |
| 10 | Hess Midstream | 4.94 Bn | 4.92 Bn | - | 3.68 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.68 Bn |
| Mar 31, 2026 | 3.77 Bn |
| Dec 31, 2025 | 3.77 Bn |
| Sep 30, 2025 | 3.79 Bn |
| Jun 30, 2025 | 3.71 Bn |
| Mar 31, 2025 | 3.57 Bn |
| Dec 31, 2024 | 3.47 Bn |
| Sep 30, 2024 | 3.49 Bn |
| Jun 30, 2024 | 3.46 Bn |
| Mar 31, 2024 | 3.33 Bn |
| Dec 31, 2023 | 3.21 Bn |
| Sep 30, 2023 | 3.15 Bn |
| Jun 30, 2023 | 3.07 Bn |
| Mar 31, 2023 | 2.99 Bn |
| Dec 31, 2022 | 2.89 Bn |
| Sep 30, 2022 | 2.91 Bn |
| Jun 30, 2022 | 2.94 Bn |
| Mar 31, 2022 | 2.56 Bn |
| Dec 31, 2021 | 2.56 Bn |
| Sep 30, 2021 | 2.61 Bn |
API Access
Hess Midstream Total Debt 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=total-debt&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();