HESM (Hess Midstream LP) Minority Interest: $-143.20 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HESM Hess Midstream LP HESM
64 GF Score
Price $40.34
GF Value $24.39
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hess Midstream LP Minority Interest?

Hess Midstream LP HESM +0.60% 64 Minority Interest is $-143.20 Mil as of Mar. 2026. GuruFocus rates HESM with a GF Score™ of 64/100 and a GF Value™ of $24.39 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Hess Midstream LP's minority interest for the quarter that ended in Mar. 2026 was $-143.20 Mil.

Hess Midstream LP Minority Interest Historical Data

* Premium members only.

The historical data trend for Hess Midstream LP's Minority Interest 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 Minority Interest Chart

Hess Midstream LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 549.00 283.90 23.00 -65.40 -130.40

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
Minority Interest Get a 7-Day Free Trial 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 -88.40 -127.40 -146.00 -130.40 -143.20
HESM
64GF Score
Hess Midstream LP HESM
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hess Midstream LP Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of $-143.20 Mil mean?
Hess Midstream LP (HESM) has a Minority Interest of $-143.20 Mil as of Mar. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Hess Midstream LP.
Is Hess Midstream LP's Minority Interest too high?
Hess Midstream LP's current Minority Interest is $-143.20 Mil. Overall, Hess Midstream LP has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hess Midstream LP's Minority Interest compare to PAGP and GLNG?
Hess Midstream LP's Minority Interest of $-143.20 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 Minority Interest for an Oil & Gas company?
A good Minority Interest depends on the Oil & Gas industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on Hess Midstream LP. Hess Midstream LP's current Minority Interest is $-143.20 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 $24.39, compared to a current price of $40.34 — trading 65.4% above its estimated fair value. The current Minority Interest is $-143.20 Mil. Hess Midstream LP's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current Minority Interest is $-143.20 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 $40.34 is trading 65.4% above its estimated GF Value™ of $24.39. GuruFocus considers Hess Midstream LP to be Significantly Overvalued.

Key valuation signals for HESM:

  • Minority Interest: $-143.20 Mil
  • GF Value™: $24.39 vs. price of $40.34 (65.4% above fair value)
  • GF Score™: 64/100 with 9 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 EnergyOil & Gas
Address 1400 Smith Street, Houston, TX, USA, 77002
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.
64GF Score

Get the complete analysis for HESM

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

$40.34
Price
$24.39
GF Value