Hess Midstream Partners LP (NYSE:HESM) — Market Cap & Net Worth
Market Cap & Net Worth: Hess Midstream Partners LP (HESM)
Hess Midstream Partners LP (NYSE:HESM) has a market capitalization of $5.11 Billion ($5.11 Billion) as of September 17, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #3516 globally and #1228 in its home market, demonstrating a -0.15% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Hess Midstream Partners LP's stock price $39.85 by its total outstanding shares 128350881 (128.35 Million). Also see HESM asset base for a full breakdown of the balance sheet.
Hess Midstream Partners LP Market Cap History: 2017 to 2026
Hess Midstream Partners LP's market capitalization history from 2017 to 2026. Data shows growth from $1.48 Billion to $5.11 Billion (11.30% CAGR). Also see Hess Midstream Partners LP cash conversion from operations for how efficiently the company converts equity into cash flow.
Hess Midstream Partners LP Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Hess Midstream Partners LP's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Check HESM stock price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
2.74x
Hess Midstream Partners LP's market cap is 2.74 times its annual revenue
Latest Price to Earnings (P/E) Ratio
12.55x
Hess Midstream Partners LP's market cap is 12.55 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $1.48 Billion | $565.80 Million | $41.20 Million | 2.62x | 35.94x |
| 2018 | $1.35 Billion | $712.00 Million | $69.10 Million | 1.90x | 19.58x |
| 2019 | $1.95 Billion | $847.60 Million | $70.10 Million | 2.30x | 27.77x |
| 2020 | $1.84 Billion | $1.09 Billion | $24.00 Million | 1.69x | 76.82x |
| 2021 | $2.82 Billion | $1.20 Billion | $46.40 Million | 2.34x | 60.76x |
| 2022 | $3.29 Billion | $1.27 Billion | $83.90 Million | 2.58x | 39.19x |
| 2023 | $3.76 Billion | $1.35 Billion | $118.60 Million | 2.79x | 31.70x |
| 2024 | $4.75 Billion | $1.49 Billion | $223.10 Million | 3.19x | 21.30x |
| 2025 | $4.43 Billion | $1.62 Billion | $352.90 Million | 2.74x | 12.55x |
Competitor Companies of HESM by Market Capitalization
Companies near Hess Midstream Partners LP in the global market cap rankings as of September 17, 2026. Review HESM tangible net worth ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Hess Midstream Partners LP by market ranking:
- Enbridge Inc (TO:ENB): Ranked #236 globally with a market cap of $106.49 Billion USD ( CA$147.21 Billion CAD).
- Williams Companies Inc (NYSE:WMB): Ranked #302 globally with a market cap of $87.60 Billion USD.
- Enterprise Products Partners LP (NYSE:EPD): Ranked #327 globally with a market cap of $82.04 Billion USD.
- Kinder Morgan Inc (NYSE:KMI): Ranked #419 globally with a market cap of $68.52 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #236 | Enbridge Inc | TO:ENB | $106.49 Billion | CA$67.40 |
| #302 | Williams Companies Inc | NYSE:WMB | $87.60 Billion | $71.63 |
| #327 | Enterprise Products Partners LP | NYSE:EPD | $82.04 Billion | $38.81 |
| #419 | Kinder Morgan Inc | NYSE:KMI | $68.52 Billion | $30.77 |
Hess Midstream Partners LP Historical Marketcap From 2017 to 2026
Between 2017 and today, Hess Midstream Partners LP's market cap moved from $1.48 Billion to $ 5.11 Billion, with a yearly change of 11.30%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $5.11 Billion | +15.51% |
| 2025 | $4.43 Billion | -6.83% |
| 2024 | $4.75 Billion | +26.41% |
| 2023 | $3.76 Billion | +14.36% |
| 2022 | $3.29 Billion | +16.62% |
| 2021 | $2.82 Billion | +52.91% |
| 2020 | $1.84 Billion | -5.29% |
| 2019 | $1.95 Billion | +43.84% |
| 2018 | $1.35 Billion | -8.61% |
| 2017 | $1.48 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Hess Midstream Partners LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $5.11 Billion USD |
| MoneyControl | $5.11 Billion USD |
| MarketWatch | $5.11 Billion USD |
| marketcap.company | $5.11 Billion USD |
| Reuters | $5.11 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Hess Midstream Partners LP
Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and compression systems; crude oil gathering systems; and produced w… Read more