Hess Midstream LP
NYSE:HESM

Watchlist Manager
Hess Midstream LP Logo
Hess Midstream LP
NYSE:HESM
Watchlist
Price: 33.96 USD 1.1% Market Closed
Market Cap: 7.1B USD
Section:
 

Relative Value

The Relative Value of one HESM stock under the Base Case scenario is hidden USD. Compared to the current market price of 33.96 USD, Hess Midstream LP is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

HESM Relative Value
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

4.4
P/S
P/S
Price to Sales
4.4
vs History
88
vs Industry
18
Median 3Y
5.1
Median 5Y
4.9
Industry
1.4
Forward
4.2
More Details
21.4
P/E
P/E
Price to Earnings
21.4
vs History
96
vs Industry
5
Median 3Y
48.5
Median 5Y
68
Industry
12.4
Forward
11.6
More Details
7.1
P/OCF
P/OCF
Price to OCF
7.1
vs History
77
vs Industry
14
Median 3Y
8.1
Median 5Y
7.5
Industry
5.2
More Details
6.9
P/FCFE
P/FCFE
Price to FCFE
6.9
vs History
61
vs Industry
23
Median 3Y
7.4
Median 5Y
7.4
Industry
11.2
More Details
12.3
P/B
P/B
Price to Book Value
12.3
vs History
96
vs Industry
1
Median 3Y
17.1
Median 5Y
21.6
Industry
1.3
More Details
6.7
EV/S
EV/S
Enterprise Value to Sales
6.7
vs History
82
vs Industry
18
Median 3Y
7.5
Median 5Y
7.1
Industry
2.2
Forward
6.5
More Details
N/A
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
5.3
More Details
8.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
8.9
vs History
85
vs Industry
15
Median 3Y
10
Median 5Y
9.5
Industry
6.7
Forward
8.5
More Details
10.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
10.8
vs History
93
vs Industry
16
Median 3Y
12.3
Median 5Y
11.8
Industry
10.2
Forward
10.4
More Details
10.8
EV/OCF
EV/OCF
Enterprise Value to OCF
10.8
vs History
57
vs Industry
14
Median 3Y
11.9
Median 5Y
10.9
Industry
7.1
More Details
15.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
15.2
vs History
57
vs Industry
15
Median 3Y
16.3
Median 5Y
15.3
Industry
11.7
More Details
2.5
EV/IC
EV/IC
Enterprise Value to IC
2.5
vs History
68
vs Industry
12
Median 3Y
2.7
Median 5Y
2.6
Industry
1.1
More Details

Multiples Across Competitors

HESM Competitors Multiples
Hess Midstream LP Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Hess Midstream LP
NYSE:HESM
7.1B USD 4.4 21.4 8.9 10.8
CA
Enbridge Inc
TSX:ENB
138.6B CAD 2.2 24.7 14.5 22
US
Williams Companies Inc
NYSE:WMB
73.7B USD 6.4 31.1 15.9 25.2
US
Enterprise Products Partners LP
NYSE:EPD
69.3B USD 1.3 12.1 10.7 14.6
US
Kinder Morgan Inc
NYSE:KMI
60.3B USD 3.7 22.2 13.3 20.5
US
Energy Transfer LP
NYSE:ET
58.2B USD 0.7 13.5 8 12.7
CA
TC Energy Corp
TSX:TRP
78B CAD 6.3 23 15.9 23.2
US
MPLX LP
NYSE:MPLX
53.9B USD 4.2 11.2 10.7 13.1
US
ONEOK Inc
NYSE:OKE
45.8B USD 1.5 13.7 10.4 13
US
Cheniere Energy Inc
NYSE:LNG
42.2B USD 2.2 10.5 7.6 8.9
US
Targa Resources Corp
NYSE:TRGP
38B USD 2.2 23.5 11.8 17.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBITDA: 11.6
8.9
5%
1.8
CA
Enbridge Inc
TSX:ENB
14.5
14%
1
US
Williams Companies Inc
NYSE:WMB
15.9
19%
0.8
US
Enterprise Products Partners LP
NYSE:EPD
10.7
5%
2.1
US
Kinder Morgan Inc
NYSE:KMI
13.3
11%
1.2
US
Energy Transfer LP
NYSE:ET
8
9%
0.9
CA
TC Energy Corp
TSX:TRP
15.9
13%
1.2
US
MPLX LP
NYSE:MPLX
10.7
8%
1.3
US
ONEOK Inc
NYSE:OKE
10.4
13%
0.8
US
Cheniere Energy Inc
NYSE:LNG
7.6
0%
N/A
US
Targa Resources Corp
NYSE:TRGP
11.8
14%
0.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Hess Midstream LP
NYSE:HESM
Average EV/EBIT: 16.5
10.8
5%
2.2
CA
Enbridge Inc
TSX:ENB
22
15%
1.5
US
Williams Companies Inc
NYSE:WMB
25.2
23%
1.1
US
Enterprise Products Partners LP
NYSE:EPD
14.6
5%
2.9
US
Kinder Morgan Inc
NYSE:KMI
20.5
11%
1.9
US
Energy Transfer LP
NYSE:ET
12.7
7%
1.8
CA
TC Energy Corp
TSX:TRP
23.2
16%
1.5
US
MPLX LP
NYSE:MPLX
13.1
7%
1.9
US
ONEOK Inc
NYSE:OKE
13
10%
1.3
US
Cheniere Energy Inc
NYSE:LNG
8.9
-1%
N/A
US
Targa Resources Corp
NYSE:TRGP
17.5
15%
1.2

See Also

Summary
HESM intrinsic value, competitors valuation, and company profile.
DCF Valuation
HESM stock valuation using Discount Cash Flow valuation method.
Relative Valuation
HESM stock valuation using valuation multiples.
Wall Street Estimates
HESM price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
HESM stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 308,600+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.