NYSE · Energy · Oil & Gas Midstream · USA
Hess Midstream LP is a mid cap company (market value between $2 billion and $10 billion) in the Oil & Gas Midstream industry.
Hess Midstream LP provides fee-based midstream services in North Dakota's Bakken region for Chevron and third-party producers. The company operates natural gas and crude oil gathering systems, gas processing and fractionation facilities, propane storage terminals, and produced water disposal infrastructure across its gathering, processing and storage, and terminaling and export segments.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Hess Midstream LP stock.
Undervalued: intrinsic value $63.61 per share, market price $32.71, margin of safety 48.6% (as of 2026-10-30).
Discounting its cash flows at 7.9% (average of 3 methods) values the shares at $63.61; the price of $32.71 is 49% below that value, and 80% of that value comes from beyond year five.
Leak Score: 87/100 on 10 of 12 signals (Strong Leak).
17 more funds hold it; the full list is part of the paid plan.
All 58 Oil & Gas Midstream stocks
2 more in this industry show a wider margin of safety.
HESM is undervalued (as of the 2026-10-30 close). Discounting its cash flows at 7.9% (average of 3 methods) values the shares at $63.61; the price of $32.71 is 49% below that value, and 80% of that value comes from beyond year five.
$63.61 per share (as of the 2026-10-30 close), against a market price of $32.71. That is a margin of safety of 48.6%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
87 out of 100, which we rate "Strong Leak", on 10 of 12 value investing signals.