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HESM (Hess Midstream LP) 3-Year Share Buyback Ratio : -45.70% (As of Mar. 2025)


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What is Hess Midstream LP 3-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Hess Midstream LP's current 3-Year Share Buyback Ratio was -45.70%.

The historical rank and industry rank for Hess Midstream LP's 3-Year Share Buyback Ratio or its related term are showing as below:

HESM' s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -55.9   Med: -9.95   Max: 31
Current: -45.7

During the past 13 years, Hess Midstream LP's highest 3-Year Share Buyback Ratio was 31.00%. The lowest was -55.90%. And the median was -9.95%.

HESM's 3-Year Share Buyback Ratio is ranked worse than
91.5% of 694 companies
in the Oil & Gas industry
Industry Median: -3.8 vs HESM: -45.70

Competitive Comparison of Hess Midstream LP's 3-Year Share Buyback Ratio

For the Oil & Gas Midstream subindustry, Hess Midstream LP's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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's 3-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Hess Midstream LP's 3-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Hess Midstream LP's 3-Year Share Buyback Ratio falls into.


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Hess Midstream LP 3-Year Share Buyback Ratio Calculation

This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Hess Midstream LP (NYSE:HESM) 3-Year Share Buyback Ratio Explanation

A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Hess Midstream LP 3-Year Share Buyback Ratio Related Terms

Thank you for viewing the detailed overview of Hess Midstream LP's 3-Year Share Buyback Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hess Midstream LP Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hess Midstream LP (NYSE:HESM) » Definitions » 3-Year Share Buyback Ratio
Comparable Companies
VNOM GLNG PAGP FRO KNTK GEL STNG INSW GLP DHT TSX:ENB WMB EPD KMI ET LNG MPLX TSX:TRP OKE VG
Traded in Other Exchanges
N/A
Address
1501 McKinney Street, Houston, TX, USA, 77010
Website
https://www.hessmidstream.com
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
John A. Gatling officer: President and COO HESS MIDSTREAM PARTNERS LP, 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
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
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