HESM Stock Fair Value Calculator – Hess Midstream LP Prioritizes Sustainability with Recent Report Release
December 29, 2023
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Hess ($NYSE:HESM) Midstream LP is a publicly-traded master limited partnership (MLP) headquartered in Houston, Texas. It is an integral part of Hess Corporation, a leading, global energy company, providing solutions to meet the world’s growing energy needs. Recently, Hess Midstream LP released a sustainability report focusing on its performance and commitment to protecting the environment, investing in people, and producing responsible energy. The report highlights Hess Midstream LP’s commitment to sustainability, including initiatives to reduce flaring, improve waste and water management, and promote safety and health. The company has also developed a long-term strategy to reduce its carbon footprint and support renewable energy sources.
Other sustainability initiatives include partnering with local organizations to protect and restore the environment and investing in programs to improve diversity, equity, and inclusion in the workplace. Hess Midstream LP’s mission is to safely deliver premier value for communities, customers, and investors. The release of its sustainability report is an important step forward in that mission, as it emphasizes the company’s commitment to sustainable operations and practices. By releasing this report, Hess Midstream LP is demonstrating its dedication to ensuring that its operations are safe, responsible, and environmentally friendly.
Market Price
On Friday, Hess Midstream LP (HESM) opened at $31.7 and closed at $31.8, up by 0.8% from last closing price of 31.5. This modest gain followed the company’s recent announcement that it had released its first sustainability report, which details its commitment to reducing its carbon footprint and promoting sustainability initiatives. The report is part of HESS MIDSTREAM LP’s ongoing efforts to become a leader in environmental, social and governance (ESG) efforts in the midstream sector. It includes information on the company’s efforts to reduce its carbon emissions, promote renewable energy, and create sustainable business practices.
The report also highlights HESS MIDSTREAM LP’s commitment to creating a culture of sustainability throughout its operations, with a focus on social responsibility and ethical governance. Overall, Hess Midstream LP’s release of its sustainability report reinforces its commitment to environmental stewardship and social responsibility. As the company continues to strive for sustainable growth, its stock price is likely to benefit from investors’ increasing interest in ESG-focused companies. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HESM. More…
| Total Revenues | Net Income | Net Margin |
| 1.3k | 102.9 | 7.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HESM. More…
| Operations | Investing | Financing |
| 860.6 | -238.2 | -622 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HESM. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 3.66k | 3.22k | 4.42 |
Key Ratios Snapshot
Some of the financial key ratios for HESM are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.4% | 16.2% | 62.9% |
| FCF Margin | ROE | ROA |
| 48.1% | 169.2% | 14.0% |
Analysis – HESM Stock Fair Value Calculator
At GoodWhale, we analyze the fundamentals of HESS MIDSTREAM LP to draw our conclusions. Our proprietary Valuation Line has calculated the intrinsic value of HESS MIDSTREAM LP share to be $17.9. Currently, this share is trading at $31.8, making it overvalued by 78.1%. We recommend investors to consider this information before making any decisions on investing in HESS MIDSTREAM LP. More…
Peers
The company’s assets include crude oil and natural gas gathering systems, pipelines, storage tanks, and terminals. Hess Midstream LP is headquartered in Houston, Texas. The company’s competitors include Rattler Midstream LP, EnLink Midstream LLC, Kinetik Holdings Inc.
– Rattler Midstream LP ($NYSE:ENLC)
EnLink Midstream LLC has a market cap of 5.96B as of 2022. The company’s return on equity is 32.09%. EnLink Midstream is engaged in the business of gathering, transporting, processing, marketing and storing natural gas and natural gas liquids (NGLs). The company operates in Oklahoma, Texas, Louisiana and New Mexico.
Summary
HESS Midstream LP has also implemented an environmental management system to monitor and manage its environmental impact. Overall, HESS Midstream LP remains committed to its mission of creating value for its stakeholders by providing reliable midstream energy services with a focus on environmental protection and safety.
