After plunging 15.4% in 4 weeks, here's why the trend might reverse for Hess Midstream Partners (HESM)
Hess Midstream Partners LP (HESM) has been on a downward spiral lately with significant selling pressure. After declining ...
Model output · Signal date 2026-10-15
Hess Midstream Lp (HESM) Stock Forecast Oct. 15, 2026
Analysis updated on Oct. 15, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
▲ Bullish
Exact rating locked
90-day forecast
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30-day forecast
Alpha
Rank in coverage
Top 35%
of 5111 stocks scored
Rank correlation · 90D
7.0%
Spearman, 358 dates
Market Cap
$3.93B
mid-cap · #29 of 60 peers
Summary
Hess Midstream Lp (HESM) stock forecast summary
Our AI ranks Hess Midstream Lp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Hess Midstream Lp is a mid-cap company with a market capitalization of $3.93B. It ranks number 29 by market capitalization among the 60 Crude Petroleum & Natural Gas issuers in our coverage with a current forecast.
For HESM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 7.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.3%, buy ≥ +0.4%, sell < -0.8%, strong sell < -1.5% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-15 signals)
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HESM price chart and AI forecast
Cross-section · 2026-10-15
How HESM ranks among 5111 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-06-30
Hess Midstream Lp (HESM) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Crude Petroleum & Natural Gas peers listed below that report each metric.
Valuation & Market
| Metric | HESM | Rank |
|---|---|---|
| Market Cap | $3.93B | 29/60 |
| P/E Ratio | 10.48x | 17/34 |
| Revenue/Share | $12.59 | – |
| FCF/Share | $6.53 | – |
Profitability & Margins
| Metric | HESM | Rank |
|---|---|---|
| ROA | 8.8% | 15/31 |
| ROIC | 24.7% | 3/38 |
| Operating Margin | 62.1% | 2/39 |
| Net Margin | 23.2% | 15/31 |
| EBT Margin | 49.3% | 3/46 |
| Tax Rate | 15.2% | – |
Financial Health
| Metric | HESM | Rank |
|---|---|---|
| Current Ratio | 0.77x | 34/54 |
| Working Capital | -$47M | 29/54 |
Cash Flow
| Metric | HESM | Rank |
|---|---|---|
| Operating Cash Flow | $1.04B | 22/51 |
| Free Cash Flow | $838M | 6/17 |
| Capital Spending | -$199M | 4/17 |
| OCF Growth YoY | 7.7% | 28/46 |
| FCF Growth YoY | 25.7% | 6/13 |
| FCF/Sales | 51.9% | 1/17 |
| CapEx/Sales | 12.3% | 16/17 |
Operational Efficiency
| Metric | HESM | Rank |
|---|---|---|
| Asset Turnover | 0.38x | 21/44 |
| Receivables Turnover | 11.3x | 15/41 |
| Fixed Assets Turnover | 0.5x | 24/42 |
| Days Sales Outstanding | 32 days | 27/41 |
Income Statement
| Metric | HESM | Rank |
|---|---|---|
| Total Revenue | $1.61B | 27/50 |
| Operating Income | $1.00B | 13/41 |
| Net Income | $375M | 20/33 |
Dividend & Shareholder Information
| Metric | HESM | Rank |
|---|---|---|
| Shares Outstanding | 128M | – |
| Net Income Growth | 28.9% | 8/21 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $157M | |
| Cash & Short-term Investments | $5M | |
| Accounts Receivable | $143M | |
| Total Liabilities | $3.87B | |
| Short-term Debt | $175M |
Quarterly Financial Reports
HESM quarterly financials and insider trading
Industry Peers · Crude Petroleum & Natural Gas
Hess Midstream Lp (HESM) industry peers
Companies classified under the same SEC industry code as Hess Midstream Lp (Crude Petroleum & Natural Gas): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| HESM Hess Midstream Lp | ▲ | $3.93B |
| TTE Totalenergies Se | ▼ | $197.80B |
| PBR Petrobras - Petroleo Brasileiro Sa | ▶ | $167.17B |
| CNQ Canadian Natural Resources Ltd | ▼ | $107.87B |
| E Eni Spa | ▼ | $94.78B |
| EOG Eog Resources Inc | ▶ | $80.88B |
| CVE Cenovus Energy Inc. | ▼ | $61.44B |
| OXY Occidental Petroleum Corp /De/ | ▼ | $61.39B |
| FANG Diamondback Energy, Inc. | ▲ | $55.31B |
| DVN Devon Energy Corp/De | ▼ | $54.91B |
| WDS Woodside Energy Group Ltd | ▼ | $43.84B |
| EC Ecopetrol S.A. | ▶ | $36.80B |
| EQT Eqt Corp | ▼ | $33.00B |
| EXE Expand Energy Corp | ▼ | $21.70B |
| PR Permian Resources Corp | ▶ | $20.15B |
| OVV Ovintiv Inc. | ▶ | $18.39B |
| APA Apa Corp | ▼ | $16.60B |
| AR Antero Resources Corp | ▼ | $11.26B |
| RRC Range Resources Corp | ▶ | $9.78B |
| SM Sm Energy Co | ▼ | $9.09B |
| CHRD Chord Energy Corp | ▶ | $8.00B |
| MTDR Matador Resources Co | ▼ | $6.83B |
| MGY Magnolia Oil & Gas Corp | ▶ | $5.89B |
| MUR Murphy Oil Corp | ▶ | $5.64B |
| CNX Cnx Resources Corp | ▶ | $5.15B |
| CRGY Crescent Energy Co | ▲ | $5.14B |
| CRC California Resources Corp | ▶ | $4.52B |
| PARR Par Pacific Holdings, Inc. | ▲ | $4.44B |
| CRK Comstock Resources Inc | ▶ | $4.02B |
| BSM Black Stone Minerals, L.P. | ▼ | $3.35B |
| GPOR Gulfport Energy Corp | ▼ | $2.93B |
| TALO Talos Energy Inc. | ▶ | $2.84B |
| NOG Northern Oil & Gas, Inc. | ▶ | $2.80B |
| BKV Bkv Corp | ▼ | $2.53B |
| VET Vermilion Energy Inc. | ▶ | $1.90B |
| MNR Mach Natural Resources Lp | ▶ | $1.82B |
| KRP Kimbell Royalty Partners, Lp | ▼ | $1.77B |
| KOS Kosmos Energy Ltd. | ▲ | $1.61B |
| GFR Greenfire Resources Ltd. | ▲ | $1.58B |
| DMLP Dorchester Minerals, L.P. | ▼ | $1.47B |
| AESI Atlas Energy Solutions Inc. | ▲ | $1.38B |
| DEC Diversified Energy Co | ▶ | $1.04B |
| TBN Tamboran Resources Corp | ▲ | $1000M |
| INR Infinity Natural Resources, Inc. | ▶ | $809M |
| TXO Txo Partners, L.P. | ▲ | $790M |
| TTI Tetra Technologies Inc | ▲ | $789M |
| OBE Obsidian Energy Ltd. | ▲ | $774M |
| GPRK Geopark Ltd | ▶ | $750M |
| VTS Vitesse Energy, Inc. | ▶ | $734M |
| GRNT Granite Ridge Resources, Inc. | ▲ | $652M |
| SOC Sable Offshore Corp. | ▼ | $645M |
| EGY Vaalco Energy Inc /De/ | ▲ | $637M |
| WTI W&T Offshore Inc | ▲ | $551M |
| SD Sandridge Energy Inc | ▲ | $521M |
| GTE Gran Tierra Energy Inc. | ▶ | $380M |
| NUAI New Era Energy & Digital, Inc. | ▶ | $363M |
| REI Ring Energy, Inc. | ▲ | $344M |
| PNRG Primeenergy Resources Corp | ▼ | $336M |
| KGEI Kolibri Global Energy Inc. | ▶ | $227M |
| AMPY Amplify Energy Corp. | ▶ | $180M |
Where HESM sits on the market map
Energy & Transportation · Crude Petroleum & Natural Gas
News
Hess Midstream Lp (HESM) stock news
HESM - Hess Midstream LP
Hess Midstream LP is currently listed on NYSE under HESM. One share of HESM stock can currently be purchased for approximately $30.74. Is Hess Midstream LP (HESM) overvalued or undervalued? Hess ...
Hess Midstream Partners LP stock hits 52-week low at 31.6 USD
Hess Midstream Partners LP stock has reached a 52-week low, touching a price of 31.6 USD. The decline has been particularly ...
FAQ
Hess Midstream Lp (HESM) stock forecast FAQ
What is the Hess Midstream Lp (HESM) stock forecast?
Our AI ranks Hess Midstream Lp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Hess Midstream Lp stock predictions?
For HESM, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 7.0%, measured on 358 forecast dates between 2022-07-28 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-07-28 and 2026-09-15. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Hess Midstream Lp forecasts updated?
Hess Midstream Lp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 15, 2026.
Which companies are Hess Midstream Lp's industry peers?
60 issuers in our coverage, HESM included, share the SEC industry code Crude Petroleum & Natural Gas. The largest are: Totalenergies Se (TTE), Petrobras - Petroleo Brasileiro Sa (PBR), Canadian Natural Resources Ltd (CNQ), Eni Spa (E), Eog Resources Inc (EOG), Cenovus Energy Inc. (CVE).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.