HESM
Hess Midstream LPEnergy · $7.7B market cap
Verdict
Share price
$37.75
close of Oct 3, 2026
Fair value
$30.24
Sticker Price
Payback Price
$12.09
buy price
HESM is Overpriced: at $37.75 it trades 25% above its fair value of $30.24. Its buy price (Payback Price) is $12.09, 68% below today's price. Business quality is strong: 4 of 5 key numbers clear the 10% bar.
How we valued it
Free Cash Flow. Sales grew 8% a year over the last 3 years, below the 15% we look for in a fast grower, so we value it on its free cash flow instead of an earnings forecast.
Business quality
4 of 5 clear the 10% bar. What are the Big Five?
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Create a free accountAbout Hess Midstream LP
Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation…
Oil & Gas Midstream
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works