Hess Midstream LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $13 Mil. Hess Midstream LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,199 Mil. Hess Midstream LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $340 Mil.
Hess Midstream LP's debt to equity for the quarter that ended in Dec. 2023 was 9.44.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Hess Midstream LP's Debt-to-Equity or its related term are showing as below:
HESM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.89 Med: 11.77 Max: 15.28
Current: 9.44
During the past 12 years, the highest Debt-to-Equity Ratio of Hess Midstream LP was 15.28. The lowest was 1.89. And the median was 11.77.
Hess Midstream LP Debt-to-Equity Historical Data
The historical data trend for Hess Midstream LP's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
|
Hess Midstream LP Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
13.34 |
15.28 |
12.56 |
11.77 |
9.44 |
|
Hess Midstream LP Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11.77 |
13.12 |
10.16 |
8.57 |
9.44 |
Competitive Comparison
For the Oil & Gas Midstream subindustry, Hess Midstream LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hess Midstream LP Debt-to-Equity Distribution
For the Oil & Gas industry and Energy sector, Hess Midstream LP's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hess Midstream LP's Debt-to-Equity falls into.
Hess Midstream LP Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Hess Midstream LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Hess Midstream LP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hess Midstream LP (Hess Midstream LP) Business Description
Traded in Other Exchanges
N/A
Address
1501 McKinney Street, Houston, TX, USA, 77010
Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage, and terminaling and exporting. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.
Executives
| Global Infrastructure Investors Ii, Llc |
director, 10 percent owner |
C/O GLOBAL INFRASTRUCTURE PARTNERS, 12 E. 49TH STREET, NEW YORK NY 10017 |
| Hess Corp |
director, 10 percent owner |
1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Jonathan C. Stein |
officer: Chief Financial Officer |
HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| John A. Gatling |
officer: President and COO |
HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Geurt G Schoonman |
director |
HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| James K Lee |
director |
1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
| Gip Ii Blue Holding, L.p. |
director, 10 percent owner |
C/O GLOBAL INFRASTRUCTURE MANAGEMENT LLC, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105 |
| Letwin Stephen J J |
director |
HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| John B Hess |
director, officer: Chairman and CEO |
C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Global Infrastructure Gp Ii, L.p. |
director, 10 percent owner |
12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017 |
| J Patrick Reddy |
director |
|
| Hess Infrastructure Partners Gp Llc |
director, 10 percent owner |
1501 MCKINNEY STREET, HOUSTON TX 77010 |
| Hess Midstream Gp Llc |
director, 10 percent owner |
1501 MCKINNEY STREET, HOUSTON TX 77010 |
| Hess Midstream Gp Lp |
director, 10 percent owner |
1501 MCKINNEY STREET, HOUSTON TX 77010 |
| Gip Blue Holding Gp, Llc |
director, 10 percent owner |
12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017 |
Hess Midstream LP (Hess Midstream LP) Headlines
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