Hess MidstreamHESM
About: Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage, and terminaling and exporting. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.
Employees: 220
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
512% more call options, than puts
Call options by funds: $46.7M | Put options by funds: $7.62M
66% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 70
33% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 8 (+2) [Q1 2025]
30% more capital invested
Capital invested by funds: $3.55B [Q4 2024] → $4.6B (+$1.06B) [Q1 2025]
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
1.0% more ownership
Funds ownership: 91.98% [Q4 2024] → 92.98% (+1.0%) [Q1 2025]
1% more funds holding
Funds holding: 267 [Q4 2024] → 269 (+2) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wells Fargo Praneeth Satish | 4%upside $41 | Equal-Weight Maintained | 1 May 2025 |
JP Morgan Jeremy Tonet | 11%upside $44 | Neutral Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 5 articles about HESM published over the past 30 days









