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Hess Midstream LP HESM
$ 39.85 0.09%
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Quarterly report 2026-Q2
added 08-06-2026

Hess Midstream LP Income Statement 2025-2011 | HESM

Brief overview of revenue and earnings at Hess Midstream LP

The figures are compared over a five-year interval. Revenue reported by Hess Midstream LP was $1.1 billion at the beginning of the period and $1.6 billion at the end. Across the full period, sales moved by +48.5%; the average annual rate was 8.2%. Sales increased steadily, although without strong acceleration.

The operating result measured by EBITDA moved from 733 million dollars to 1.2 billion dollars, or +66.6%. EBITDA expanded faster than the top line. At the operating-margin level, the figure shifted from 67.2% to 75.4%. The increased EBITDA share is a positive sign.

Net profit was 24 million dollars at the start and 353 million dollars at the end. Net income reached a five-year high at the end of the interval.

Conclusion

Most key measures improved without a pronounced weak signal. The strongest signals are an improving EBITDA margin, a stronger final result and a larger revenue base. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Hess Midstream LP

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

- - - - - - 1.31 B 1.15 B 1.17 B - - - - - -

Shares

- - - - - - 54.6 M 54.6 M 53.8 M - - - - - -

Historical Prices

37.6 34.3 28.1 28.1 26.6 17.3 18.4 12.8 14 - - - - - -

Net Income

353 M 223 M 119 M 83.9 M 46.4 M 24 M 70.1 M 70.8 M 41.2 M 206 M 193 M 32.9 M -164 M -73.9 M -

Revenue

1.62 B 1.5 B 1.35 B 1.28 B 1.2 B 1.09 B 848 M 662 M 566 M 510 M 565 M 255 M 270 M 170 M -

Gross Profit

- - - - - - 706 M 539 M 453 M 410 M 479 M 210 M 66.9 M 68 M -

Operating Income

1.01 B 919 M 817 M 791 M 727 M 576 M 377 M 378 M 263 M - - - - - -

EBITDA

1.22 B 1.12 B 1.01 B 972 M 893 M 733 M 519 M 497 M 399 M 306 M 281 M 79.2 M -151 M -59.6 M -

Operating Expenses

- - - - - - 329 M 166 M 166 M 204 M 284 M 176 M 231 M 142 M -

General and Administrative Expenses

28.5 M 26.1 M 26.2 M 23.1 M 22.7 M 21.1 M 52.4 M 11.5 M 8.1 M 10.4 M 9.3 M 4.9 M 13 M 11.6 M -

All numbers in USD currency

Quarterly Income Statement Hess Midstream LP

2026-Q2 2026-Q1 2025-Q3 2025-Q2 2025-Q1 2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Net Income

96.4 M 87.6 M 97.7 M 90.3 M 71.6 M 58.6 M 49.5 M 44.6 M 35.3 M 25.1 M 142 M - 23.2 M 22 M 160 M - 9.9 M 162 M 160 M - 5.6 M 5.3 M 6.5 M 16.1 M 19.1 M 16.8 M 18.1 M 17.2 M 18.8 M 17.8 M 17 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Revenue

399 M 390 M 421 M 414 M 382 M 378 M 366 M 356 M 363 M 324 M 305 M - 335 M 313 M 312 M - 304 M 295 M 289 M - 265 M 270 M 291 M 254 M 215 M 190 M 190 M 186 M 184 M 176 M 166 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

253 M 238 M 259 M 260 M 237 M 232 M 222 M 222 M 220 M 198 M 189 M - 204 M 195 M 196 M - 159 M 186 M 182 M - 137 M 132 M 153 M 90.3 M 99.3 M 91.2 M 95.8 M 92.1 M 99 M 96.3 M 90.8 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

308 M 297 M 316 M 312 M 289 M 283 M 273 M 272 M 268 M 245 M 236 M - 250 M 240 M 240 M - 201 M 226 M 223 M - 177 M 171 M 191 M 90.3 M 135 M 127 M 129 M 92.1 M 99 M 96.3 M 90.8 M - - - - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

5.5 M 7.9 M 7.3 M 8.1 M 7.5 M 6.3 M 5.2 M 5.7 M 6 M 5.8 M 6.4 M - 5.7 M 5.3 M 6 M - 5.1 M 5.2 M 6.3 M - 4.2 M 4.1 M 7.6 M - 7.7 M 5.8 M 5.9 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

The income statement is one of the three key financial reports of a company Hess Midstream LP (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Oil gas midstream industry

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Energy Transfer LP Energy Transfer LP
ET
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Genesis Energy, L.P. Genesis Energy, L.P.
GEL
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Global Partners LP Global Partners LP
GLP
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Kinder Morgan Kinder Morgan
KMI
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Dorian LPG Ltd. Dorian LPG Ltd.
LPG
$ 55.25 0.13 % $ 2.35 B usaUSA
Martin Midstream Partners L.P. Martin Midstream Partners L.P.
MMLP
$ 2.15 0.23 % $ 84.1 M usaUSA
MPLX LP MPLX LP
MPLX
$ 58.88 0.35 % $ 59.7 B usaUSA
Navigator Holdings Ltd. Navigator Holdings Ltd.
NVGS
$ 23.16 0.13 % $ 1.56 B britainBritain
ONEOK ONEOK
OKE
$ 96.12 0.39 % $ 60.1 B usaUSA
Plains All American Pipeline, L.P. Plains All American Pipeline, L.P.
PAA
$ 25.74 0.46 % $ 18.2 B usaUSA
Plains GP Holdings, L.P. Plains GP Holdings, L.P.
PAGP
$ 27.9 0.2 % $ 5.52 B usaUSA
Star Group, L.P. Star Group, L.P.
SGU
$ 12.76 0.09 % $ 437 M usaUSA
Scorpio Tankers Scorpio Tankers
STNG
$ 85.5 1.16 % $ 3.98 B monacoMonaco
Teekay Corporation Teekay Corporation
TK
$ 14.13 1.99 % $ 1.22 B bermudaBermuda
Teekay Tankers Ltd. Teekay Tankers Ltd.
TNK
$ 99.61 0.14 % $ 3.45 B bermudaBermuda
Targa Resources Corp. Targa Resources Corp.
TRGP
$ 286.99 0.74 % $ 62 B usaUSA
TORM plc TORM plc
TRMD
$ 35.39 0.88 % $ 3.48 B britainBritain
TC Energy Corporation TC Energy Corporation
TRP
$ 61.37 0.8 % $ 63.8 B canadaCanada
Brooge Energy Limited Brooge Energy Limited
BROG
- 13.04 % $ 478 M britainBritain
Viper Energy Partners LP Viper Energy Partners LP
VNOM
$ 44.72 0.02 % $ 4.2 B usaUSA
Western Midstream Partners, LP Western Midstream Partners, LP
WES
$ 48.03 1.74 % $ 19.8 B usaUSA
The Williams Companies The Williams Companies
WMB
$ 71.97 0.01 % $ 87.9 B usaUSA
Equitrans Midstream Corporation Equitrans Midstream Corporation
ETRN
- - $ 5.39 B usaUSA
Green Plains Partners LP Green Plains Partners LP
GPP
- - $ 286 M usaUSA
Höegh LNG Partners LP Höegh LNG Partners LP
HMLP
- 0.05 % $ 308 M bermudaBermuda
Overseas Shipholding Group Overseas Shipholding Group
OSG
- - $ 666 M usaUSA
PBF Logistics LP PBF Logistics LP
PBFX
- -1.19 % $ 1.35 B usaUSA
Shell Midstream Partners, L.P. Shell Midstream Partners, L.P.
SHLX
- - $ 6.22 B usaUSA
Summit Midstream Partners, LP Summit Midstream Partners, LP
SMLP
- - $ 167 M usaUSA
Evolve Transition Infrastructure LP Evolve Transition Infrastructure LP
SNMP
- -0.75 % $ 11.2 M usaUSA
U.S. Well Services U.S. Well Services
USWS
- -0.45 % $ 91 M usaUSA
NuStar Energy L.P. NuStar Energy L.P.
NS
- - $ 2.78 B usaUSA
EnLink Midstream, LLC EnLink Midstream, LLC
ENLC
- - $ 6.52 B usaUSA
Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.
MMP
- - $ 13.9 B usaUSA
Blueknight Energy Partners, L.P. Blueknight Energy Partners, L.P.
BKEP
- - $ 195 M usaUSA
Crestwood Equity Partners LP Crestwood Equity Partners LP
CEQP
- - $ 2.97 B usaUSA
Rattler Midstream LP Rattler Midstream LP
RTLR
- 2.95 % $ 545 M usaUSA
Noble Midstream Partners LP Noble Midstream Partners LP
NBLX
- - $ 1.37 B usaUSA
Altus Midstream Company Altus Midstream Company
ALTM
- -0.79 % $ 1.07 B usaUSA
Enable Midstream Partners, LP Enable Midstream Partners, LP
ENBL
- 1.44 % $ 3.07 B usaUSA
Oasis Midstream Partners LP Oasis Midstream Partners LP
OMP
- 2.48 % $ 1.08 B usaUSA
Phillips 66 Partners LP Phillips 66 Partners LP
PSXP
- -2.33 % $ 7.93 B usaUSA
DCP Midstream, LP DCP Midstream, LP
DCP
- -0.02 % $ 8.7 B usaUSA
Holly Energy Partners, L.P. Holly Energy Partners, L.P.
HEP
- - $ 2.59 B usaUSA