HESM (Hess Midstream LP) Interest Expense: $-225 Mil (TTM As of Mar. 2026)

What is Hess Midstream LP Interest Expense?

Hess Midstream LP HESM +0.98% 67 Interest Expense is $-225 Mil as of Mar. 2026. GuruFocus rates HESM with a GF Score™ of 67/100 and a GF Value™ of $24.42 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hess Midstream LP's interest expense for the three months ended in Mar. 2026 was $ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-225 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Hess Midstream LP's Operating Income for the three months ended in Mar. 2026 was $ 238 Mil. Hess Midstream LP's Interest Expense for the three months ended in Mar. 2026 was $ -55 Mil. Hess Midstream LP's Interest Coverage for the quarter that ended in Mar. 2026 was 4.30. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hess Midstream LP (NYSE:HESM) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Hess Midstream LP's Interest Expense for the three months ended in Mar. 2026 was $-55 Mil. Its Operating Income for the three months ended in Mar. 2026 was $238 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $3,737 Mil.

Hess Midstream LP's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	238.1	/	-55.4
	=	4.30

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hess Midstream LP interest coverage is 4.49, which is low.

Hess Midstream LP Interest Expense Historical Data

* Premium members only.

The historical data trend for Hess Midstream LP's Interest Expense can be seen below:

Hess Midstream LP Interest Expense Chart

Hess Midstream LP Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

Get a 7-Day Free Trial

-105.40

-149.30

-179.00

-202.20

-225.60

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
Interest Expense	Get a 7-Day Free Trial															-56.40	-55.40	-57.10	-56.70	-55.40

67GF Score

Hess Midstream LP HESM

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

View Full Analysis

Hess Midstream LP Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest 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 $-225 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-225 Mil mean?

Hess Midstream LP (HESM) has a Interest Expense of $-225 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hess Midstream LP and its competitors.

Is Hess Midstream LP's Interest Expense too high?

Hess Midstream LP's current Interest Expense is $-225 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 Interest Expense compare to PAGP and GLNG?

Hess Midstream LP's Interest Expense of $-225 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 Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Hess Midstream LP and its competitors. Hess Midstream LP's current Interest Expense is $-225 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 $24.42, compared to a current price of $38.16 — trading 56.3% above its estimated fair value. The current Interest Expense is $-225 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 Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current Interest Expense is $-225 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 $38.16 is trading 56.3% above its estimated GF Value™ of $24.42. GuruFocus considers Hess Midstream LP to be Significantly Overvalued.

Key valuation signals for HESM:

Interest Expense: $-225 Mil
GF Value™: $24.42 vs. price of $38.16 (56.3% 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

Get the complete analysis for HESM

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.16

Price

$24.42

GF Value

View HESM Analysis

See Interest Expense data for all stocks →