Hess Midstream LP - Class A logo

HESM

Hess Midstream LP - Class A

$31.07

Earnings Summary

Revenue
$313.4Mn
Net Profits
$22Mn
Net Profit Margins
7.02%
PE Ratio
16.04

Highlights

Revenue:

Hess Midstream LP - Class A’s revenue jumped 6.31% since last year same period to $313.4Mn in the Q2 2022. On a quarterly growth basis, Hess Midstream LP - Class A has generated 0.32% jump in its revenue since last 3-months.

Net Profits:

Hess Midstream LP - Class A’s net profit jumped 100% since last year same period to $22Mn in the Q2 2022. On a quarterly growth basis, Hess Midstream LP - Class A has generated 30.18% jump in its net profits since last 3-months.

Net Profit Margins:

Hess Midstream LP - Class A’s net profit margin jumped 88.13% since last year same period to 7.02% in the Q2 2022. On a quarterly growth basis, Hess Midstream LP - Class A has generated 29.76% jump in its net profit margins since last 3-months.

PE Ratio:

Hess Midstream LP - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 16.04.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Hess Midstream LP - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.52
EPS Estimate Current Year
0.52

Highlights

EPS Estimate Current Quarter:

Hess Midstream LP - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.52 - a 0% jump from last quarter’s estimates.

EPS Estimate Current Year:

Hess Midstream LP - Class A’s earning per share (EPS) estimates for the current year stand at 0.52.

Key Ratios

Key ratios of the Hess Midstream LP - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
0.5
Return on Assets (ROA)
0.13
Return on Equity (ROE)
0.64
Dividend Per Share (DPS)
2.13

Highlights

Earning Per Share (EPS):

Hess Midstream LP - Class A’s earning per share (EPS) jumped 13.64% since last year same period to 0.5 in the Q2 2022. This indicates that the Hess Midstream LP - Class A has generated 13.64% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hess Midstream LP - Class A’s return on assets (ROA) stands at 0.13.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hess Midstream LP - Class A’s return on equity (ROE) stands at 0.64.

Dividend Per Share (DPS):

Hess Midstream LP - Class A declared 2.13 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-04
0.52
0.5
-3.85%
2022-05-05
0.52
0.49
-5.77%

Company Information

Hess Midstream is a fee-based, growth-oriented, midstream company that owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Organisation
Hess Midstream LP - Class A
Employees
196
Industry
Energy Minerals