Insider buying last 90 days
No open-market insider purchases were filed for HESM in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every HESM insider filing, plotted on the chart in Gekko.Open HESM in Gekko
NYSE: HESM
Hess Midstream (HESM) Stock Analysis & Forecast
Sep 28 close
$38.48+0.23 (+0.6%)
Gekko Brief
AI summaryThis week's coverage of Hess Midstream centers on its Q2 earnings beat and the tradeoffs behind it. Commentary notes that HESM topped expectations despite lower throughput, with higher tariffs and reduced costs offsetting weaker volumes as second-half spending is set to rise. Other pieces point to rising free cash flow and lower capital spending supporting returns, even as flat volumes and a near-median valuation temper the growth outlook. Separate commentary also highlights the company's long-term minimum volume commitments with Chevron and a stated 7.9% yield.
HESM closed at $38.48, up 0.6%, sitting between its 50-day average of $39.91 and 200-day average of $38.11. The GekkoIndex reads 67.3, placing the stock in the Accumulation zone. Gekko Fair Value stands at $38.65, putting the current price 0.4% below that level. Over the past year the stock has returned 10.4%, though the one-month return is -3.4% and the six-month return -3.3%.
The next earnings date falls on 2 November, 34 days out, beyond a typical 20-trading-day holding window. No insider, Congress, or unusual options activity appears in the recent windows, and billionaire holders stand at zero. Seasonality data shows the next 20 trading days averaging a 0.3% return over 5 years, positive in 3 of those years. Analyst consensus among 4 firms shows 2 hold and 2 sell ratings, with a consensus target of $37.50, implying -2.5% versus the current price.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Hess Midstream price vs fair value
Close $38.48200-day averageGekko Fair Value $38.65
Hess Midstream quick facts
- Market cap
- $7.95B
- P/E ratio
- 13.2
- Forward P/E
- 9.9
- EPS, TTM
- $2.90
- Revenue, TTM
- $1.61B
- Profit margin
- 23.2%
- Dividend yield
- 8.02%
- Beta
- 0.50
- Volume
- 1.86M avg 1.42M
- 1-year return
- +10.4%
- Typical daily move
- ±2.1%
- Typical 20-day move
- ±4%
- 50-day average
- $39.91
- 200-day average
- $38.11
- Next earnings
- Nov 2
- Shares outstanding
- 128.4M
Hess Midstream swing-trade checklist
Hess Midstream scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed0 headwinds
- Trendmixed
Averages disagree
Close $38.48 sits between the 50-day ($39.91) and 200-day ($38.11) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
67.3, Accumulation
Reading 67.3 is in the Accumulation zone.
See the GekkoIndex - Fair valuemixed
0.4% below
Price is within 5% of Gekko Fair Value (0.4% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 34 days
Next report Nov 2, 2026, 34 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+0.3% on average
From this point in the calendar, the next 20 trading days averaged +0.3% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Hess Midstream stock chart and price history
Hess Midstream closed at $38.48 on Sep 28, 2026, +10.4% over the past year, inside a 52-week range of $31.63 to $41.44.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −3.4%
- 3 months
- +3.1%
- 6 months
- −3.3%
- 1 year
- +10.4%
The full HESM chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open HESM in Gekko
Follow Hess Midstream through every session
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About Hess Midstream
Hess Midstream owns and runs energy infrastructure that sits in the middle of the oil and gas value chain, handling the gathering, processing, storage, and export of natural gas, natural gas liquids, and crude oil. It is best known for the pipeline networks and processing plants that move and treat these products after they leave the wellhead and before they reach end markets.
The company splits its work into three areas. Its gathering operations collect and compress natural gas, move crude oil, and dispose of produced water through several hundred miles of pipeline. Its processing and storage operations include a gas processing and fractionation plant in North Dakota, a partial stake in a separate gas processing facility nearby, and a propane storage terminal in Minnesota with rail and truck loading capability. Its terminaling and export operations cover rail and pipeline facilities used to move crude oil, including a rail car fleet and a network known as the Johnson's Corner Header System.
Hess Midstream was founded in 2014 and is headquartered in Houston, Texas. Its shares are listed on the NYSE under the ticker HESM.
- Listed
- NYSE
- Sector
- Energy minerals
- Industry
- Integrated oil
- Website
- hessmidstream.com
Hess Midstream GekkoIndex: the smart money zone
Hess Midstream’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 67.3, in the Accumulation zone, up 6.1 points over five sessions.
67.3Accumulation
Up 6.1 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 26 | +0.2% | +1.5% | ||
| Accumulation (current zone) | 168 | +0.9% | +2.2% | ||
| Neutral | 440 | 0.0% | +0.2% | ||
| Distribution | 33 | −0.8% | −0.5% | ||
| Selling | 5 | Too few readings yet | |||
Average HESM share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the HESM price, zone by zone.Track HESM in Gekko
Is Hess Midstream stock overvalued? Gekko Fair Value
Hess Midstream trades 0.4% below Gekko Fair Value of $38.65, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what Hess Midstream shares are worth, recalculated every trading day.
$38.65
Gekko Fair Value, Sep 29, 2026
0.4% below fair value · About fair value
Gekko Fair Value on every chart, with the gap to price updating daily.Open HESM in Gekko
Hess Midstream insider and Congress trading
No open-market insider purchases were filed for Hess Midstream, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in HESM were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for HESM, plotted on the chart in Gekko.Open HESM in Gekko
Buybacks
Hess Midstream has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $60.00M
- As a share of market cap
- 0.75%
From company filings.
Hedge funds and billionaires quarter ended Dec 31
0of the funds Gekko tracks hold HESM.
0added0opened0trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko
Hess Midstream earnings: next date and track record
Hess Midstream reports on Nov 2, 2026 (34 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Nov 2, 2026
34 days away
- EPS estimate
- $0.74
- Revenue estimate
- $411.3M
6 of 8reports beat the EPS estimate
±2.3%average move across the report
3 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 3, 2026 AI summary
- What they said
- HESM reported Q2 2026 net income of $174M (up from $158M in Q1) and adjusted EBITDA of $314M (up from $300M), driven by lower operating expenses and G&A savings. Gas processing throughput was 433 MMcfd, crude terminaling 117 Mbopd, and water gathering 121 Mbwpd. Adjusted EBITDA margin held at ~85%, well above the 75% target. Q2 capex was $31M, including greenfield high-pressure gathering pipeline work.
- Guidance
- Management reiterates 2026 adjusted free cash flow guidance of $910M-$960M, representing ~20% year-over-year growth at the midpoint. Volume growth is expected in H2 2026, with higher capex anticipated in Q3 due to planned LM4 maintenance and deferred activity.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 3, 2026 | $0.75 est $0.67 | $399.0M est $396.0M | −1.3% |
| May 4, 2026 | $0.68 est $0.65 | $390.1M est $389.5M | +2.8% |
| Feb 2, 2026 | $0.72 est $0.72 | $404.2M est $419.2M | −0.9% |
| Nov 3, 2025 | $0.75 est $0.73 | $420.9M est $417.9M | −0.1% |
| Jul 30, 2025 | $0.74 est $0.56 | $413.5M est $429.3M | +5.5% |
| Apr 30, 2025 | $0.65 est $0.62 | $381.0M est $381.6M | −4.7% |
| Jan 29, 2025 | $0.68 est $0.65 | $395.0M est $399.4M | +2.5% |
| Oct 30, 2024 | $0.63 est $0.66 | $378.5M est $377.2M | −0.5% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Hess Midstream stock forecast and analyst price targets
Analysts’ average 12-month price target for Hess Midstream is $37.50, −2.5% from the last close, from 4 firms rating the stock in the last 90 days.
$37.50consensus 12-month target, −2.5% from the last close
Now $38.48Avg $37.50
Low $32High $39
Each firm’s latest rating in the last 90 days: 4 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Aug 12 | Morgan Stanley | $39 | +1.4% |
| Aug 3 | Goldman Sachs | $32 | −16.8% |
| Jul 21 | Morgan Stanley | $39 | +1.4% |
| Jul 16 | J.P. Morgan | $39 | +1.4% |
| Jul 13 | Goldman Sachs | $32 | −16.8% |
+2.2%average 20-day move after past Accumulation readings
+0.3%average move over the next 20 trading days in the last 5 years
±2.1%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Hess Midstream seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, Hess Midstream averaged +0.3% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.1% | 2 of 5 |
| Next 10 trading days | −0.2% | 3 of 5 |
| Next 15 trading days | +0.1% | 3 of 5 |
| Next 20 trading days | +0.3% | 3 of 5 |
| Next 30 trading days | 0.0% | 2 of 5 |
For scale, HESM’s typical 20-trading-day move in either direction is about 4%.
Hess Midstream market cap and key statistics
Hess Midstream’s market cap is $7.95B, with a P/E ratio of 13.2 and revenue of $1.61B over the last twelve months.
Valuation
- Market cap
- $7.95B
- P/E ratio
- 13.2
- Forward P/E
- 9.9
- EPS, TTM
- $2.90
- Gekko Fair Value
- $38.65
Trading
- Volume
- 1.86M
- Avg volume, 20 days
- 1.42M
- 52-week high
- $41.44
- 52-week low
- $31.63
- Shares outstanding
- 128.4M
Financials
- Revenue, TTM
- $1.61B
- Profit margin
- 23.2%
- Return on equity
- 150.7%
- Quarterly earnings growth, YoY
- +1.4%
Risk and income
- Beta
- 0.50
- Typical daily move
- ±2.1%
- Typical 20-day move
- ±4%
- Dividend yield
- 8.02%
Hess Midstream stock news this week
3 headlines about Hess Midstream from the past week, newest first, each linking to the publisher.
- Hess Midstream: Higher Oil Prices Enhance Long-Term SustainabilitySeeking Alpha, Sep 23
- HESM Q2 Beat Masks Lower Volumes as Second-Half Costs Move HigherZacks Investment Research, Sep 22
- Is HESM Worth Buying as Free Cash Flow Rises but Volume Growth Slows?Zacks Investment Research, Sep 22
Hess Midstream peers
Hess Midstream’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| XOMExxon Mobil | Neutral | 11.4% above |
| CVXChevron | Accumulation | 4.2% above |
| TTETotalEnergies | Neutral | 27.5% below |
| CNQCanadian Natural Resources | Accumulation | 23.0% below |
| SUSuncor Energy | Neutral | 19.7% below |
| EOGEOG Resources | Accumulation | 26.7% below |
A peer links to its own page where one exists.
Hess Midstream stock FAQ
What is Hess Midstream’s market cap?
Hess Midstream’s market cap is $7.95B at the Sep 28, 2026 close of $38.48, with 128.4M shares outstanding. The shares trade on a P/E ratio of 13.2.
What is the Hess Midstream stock forecast?
The consensus analyst 12-month price target for Hess Midstream is $37.50, −2.5% from the last close. Of the 4 firms that rated the stock in the last 90 days, 0 rate it a buy, 2 a hold and 2 a sell. Gekko doesn’t publish price predictions of its own.
Is Hess Midstream stock overvalued or undervalued?
On Gekko’s estimate Hess Midstream is about fair value: the Sep 28, 2026 close of $38.48 is 0.4% below Gekko Fair Value of $38.65. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Hess Midstream report earnings next?
Hess Midstream is expected to report on Nov 2, 2026 (34 days away). Analysts expect earnings of $0.74 per share on revenue of $411.3M. Hess Midstream beat the earnings estimate in 6 of its last 8 reports, moving 2.3% on average across the report.
What is Hess Midstream’s 52-week high and low?
Hess Midstream’s 52-week high is $41.44 and its 52-week low is $31.63; it closed at $38.48 on Sep 28, 2026, +10.4% over the past year. Over the last five years the shares peaked at $44.14 on Jul 31, 2025.
Is Hess Midstream stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, earnings risk and seasonality), 2 as mixed (trend and fair value). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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