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Hess Midstream LP (Hess Midstream LP) EV-to-EBITDA

: 5.85 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Hess Midstream LP's enterprise value is $5,949 Mil. Hess Midstream LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,017 Mil. Therefore, Hess Midstream LP's EV-to-EBITDA for today is 5.85.

The historical rank and industry rank for Hess Midstream LP's EV-to-EBITDA or its related term are showing as below:

HESM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.25   Med: 5.27   Max: 8.91
Current: 5.85

During the past 12 years, the highest EV-to-EBITDA of Hess Midstream LP was 8.91. The lowest was 3.25. And the median was 5.27.

HESM's EV-to-EBITDA is ranked better than
51.34% of 785 companies
in the Oil & Gas industry
Industry Median: 6.11 vs HESM: 5.85

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-17), Hess Midstream LP's stock price is $34.74. Hess Midstream LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $2.090. Therefore, Hess Midstream LP's PE Ratio for today is 16.62.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Hess Midstream LP EV-to-EBITDA Historical Data

The historical data trend for Hess Midstream LP's EV-to-EBITDA 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.

* Premium members only.

Hess Midstream LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.43 4.65 4.47 4.58 5.30

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
EV-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.58 4.59 5.04 5.22 5.30

Competitive Comparison

For the Oil & Gas Midstream subindustry, Hess Midstream LP's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution

For the Oil & Gas industry and Energy sector, Hess Midstream LP's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hess Midstream LP's EV-to-EBITDA falls into.



Hess Midstream LP EV-to-EBITDA Calculation

Hess Midstream LP's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5948.902/1017.1
=5.85

Hess Midstream LP's current Enterprise Value is $5,949 Mil.
Hess Midstream LP's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,017 Mil.

* 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  (NYSE:HESM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Hess Midstream LP's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=34.74/2.090
=16.62

Hess Midstream LP's share price for today is $34.74.
Hess Midstream LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.090.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Hess Midstream LP EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Hess Midstream LP's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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