HESM (Hess Midstream LP) General and Admin. Expense: $29 Mil (TTM As of Mar. 2026)

What is Hess Midstream LP General and Admin. Expense?

Hess Midstream LP HESM -0.55% 67 General and Admin. Expense is $29 Mil as of Mar. 2026. GuruFocus rates HESM with a GF Score™ of 67/100 and a GF Value™ of $24.43 (Significantly Overvalued). The stock has 8 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Hess Midstream LP's General and Admin. Expense for the three months ended in Mar. 2026 was $8 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $29 Mil.

Hess Midstream LP General and Admin. Expense Related Terms

Hess Midstream LP General and Admin. Expense Historical Data

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The historical data trend for Hess Midstream LP's General and Admin. Expense 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 General and Admin. Expense Chart

Hess Midstream LP Annual Data

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General and Admin. Expense

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22.70

23.10

26.20

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28.50

Hess Midstream LP Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
General and Admin. Expense	Get a 7-Day Free Trial															7.50	8.10	7.30	5.60	7.90

67GF Score

Hess Midstream LP HESM

General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Hess Midstream LP General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $29 Mil.

Frequently Asked Questions Learn more about General and Admin. Expense →

What does a General and Admin. Expense of $29 Mil mean?

Hess Midstream LP (HESM) has a General and Admin. Expense of $29 Mil as of Mar. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Hess Midstream LP and its competitors.

Is Hess Midstream LP's General and Admin. Expense too high?

Hess Midstream LP's current General and Admin. Expense is $29 Mil. Overall, Hess Midstream LP has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hess Midstream LP's General and Admin. Expense compare to PAGP and GLNG?

Hess Midstream LP's General and Admin. Expense of $29 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good General and Admin. Expense for an Oil & Gas company?

A good General and Admin. Expense depends on the Oil & Gas industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high General and Admin. Expense mean?

A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Hess Midstream LP and its competitors. Hess Midstream LP's current General and Admin. Expense is $29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hess Midstream LP stock overvalued right now?

Based on GuruFocus' analysis, Hess Midstream LP (HESM) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.43, compared to a current price of $37.67 — trading 54.2% above its estimated fair value. The current General and Admin. Expense is $29 Mil. Hess Midstream LP's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is General and Admin. Expense calculated?

General and Admin. Expense is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current General and Admin. Expense is $29 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hess Midstream LP (HESM) Overvalued in 2026?

Based on GuruFocus' analysis, Hess Midstream LP stock appears to be overvalued. The current stock price of $37.67 is trading 54.2% above its estimated GF Value™ of $24.43. GuruFocus considers Hess Midstream LP to be Significantly Overvalued.

Key valuation signals for HESM:

General and Admin. Expense: $29 Mil
GF Value™: $24.43 vs. price of $37.67 (54.2% above fair value)
GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the HESM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hess Midstream LP Business Description

Industry Energy Oil & Gas

Comparable Companies PAGP GLNG INSW KNTK STNG SUNC DHT TNK NGL FRO TSX:ENB WMB EPD KMI TSX:TRP ET TRGP MPLX OKE LNG

Address 1400 Smith Street, Houston, TX, USA, 77002

Website https://www.hessmidstream.com

Hess Midstream LP is a fee-based, growth-oriented limited partnership that owns, operates, develops, and acquires a portfolio of midstream assets. The company provides fee-based services to Chevron Corporation and generates all of its revenue by charging fees for gathering, compressing, and processing natural gas, fractionating NGLs, gathering, terminaling, loading, and transporting crude oil and NGLs, storing and terminaling propane, and gathering and disposing of produced water. It operates through gathering, processing, and storage, and terminaling and export segments, with the gathering segment contributing the maximum share of revenue and comprising natural gas gathering and compression, as well as crude oil gathering and produced water gathering and disposal assets.

67GF Score

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$37.67

Price

$24.43

GF Value

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