Hess Midstream LPHESM -0.55%67 OCF Yield % is 21.40 as of Jun. 29, 2026, which is 47% below its 10-year median of 40.09. 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. Among 1,019 Oil & Gas companies, Hess Midstream LP ranks better than 74.68% on this metric.
OCF Yield % is calculated as Cash Flow from Operations divided by Market Capitalization. It is a financial solvency ratio that compares the operating cash flow a company is expected to earn against its market value.
Similar to Earnings Yield %, OCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high operating cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.
Hess Midstream LP OCF Yield % Related Terms
Hess Midstream LP OCF Yield % Historical Data
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The historical data trend for Hess Midstream LP's OCF Yield % 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.
For the Oil & Gas Midstream subindustry, Hess Midstream LP's OCF Yield %, along with its competitors' market caps and OCF Yield % 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 OCF Yield % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hess Midstream LP's OCF Yield % distribution charts can be found below:
* The bar in red indicates where Hess Midstream LP's OCF Yield % falls into.
* 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 (HESM) has a OCF Yield % of 21.40 as of Jun. 29, 2026. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Hess Midstream LP and its competitors. This is 47% below median its historical median of 40.09. Over the past decade, Hess Midstream LP's OCF Yield % has ranged from 18.59 to 309.77. According to the industry distribution chart, Hess Midstream LP ranks #258 out of 1019 companies in the Oil & Gas industry, placing it in the top 25.3%.
Is Hess Midstream LP's OCF Yield % too high?
Hess Midstream LP's current OCF Yield % of 21.40 is 47% below median its 10-year median of 40.09. Over the past 10 years, this metric has ranged from a low of 18.59 to a high of 309.77. The Oil & Gas industry median OCF Yield % is 9.49. Hess Midstream LP's value of 21.40 is 125.5% above this industry median. Based on the distribution chart, Hess Midstream LP ranks #258 out of 1019 companies in the Oil & Gas industry, which is above the industry midpoint. 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 OCF Yield % compare to PAGP and GLNG?
According to the Oil & Gas industry distribution chart, Hess Midstream LP ranks #258 out of 1019 companies for OCF Yield %. This puts Hess Midstream LP in the upper half of its industry. The industry median OCF Yield % is 9.49. Hess Midstream LP's value of 21.40 is 125.5% above this benchmark. Historically, Hess Midstream LP's own OCF Yield % has ranged from 18.59 to 309.77 over the past decade. While the company's 10-year median is 40.09 vs. the industry median of 9.49, Hess Midstream LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Yield % for an Oil & Gas company?
The median OCF Yield % among Oil & Gas companies is 9.49, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a OCF Yield % significantly above this median, while those in the bottom quartile fall well below. However, OCF Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hess Midstream LP's current OCF Yield % of 21.40 is 125.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Yield % mean?
A high OCF Yield % can signal that a stock is expensive relative to its fundamentals. OCF Yield is calculated as Cash Flow from Operations divided by Market Capitalization. View historical data on Hess Midstream LP and its competitors. For the Oil & Gas industry, the median OCF Yield % is 9.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hess Midstream LP's current OCF Yield % is 21.40, which is 47% below median its own 10-year median of 40.09. 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 OCF Yield % is 21.40, which is 47% below median its 10-year median of 40.09 and 125.5% above the Oil & Gas industry median of 9.49. 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 OCF Yield % calculated?
OCF Yield % is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current OCF Yield % is 21.40 as of Jun. 29, 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:
OCF Yield %: 21.40 (47% below median its 10-year median of 40.09)
GF Value™: $24.43 vs. price of $37.67 (54.2% above fair value)
Industry Position: 125.5% above the Oil & Gas median (#258 of 1019)
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 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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