Hess Midstream Partners LP (HESM) - Total Assets
Based on the latest financial reports, Hess Midstream Partners LP (HESM) holds total assets worth $4.32 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Hess Midstream Partners LP (HESM) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Hess Midstream Partners LP - Total Assets Trend (2012–2025)
This chart illustrates how Hess Midstream Partners LP's total assets have evolved over time, based on quarterly financial data. See Hess Midstream Partners LP net assets for net asset value and shareholders' equity analysis.
Hess Midstream Partners LP - Asset Composition Analysis
Current Asset Composition (December 2025)
Hess Midstream Partners LP's total assets of $4.32 Billion consist of 3.6% current assets and 96.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $150.20 Million | 3.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2012–2025)
This chart illustrates how Hess Midstream Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Hess Midstream Partners LP market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Hess Midstream Partners LP's current assets represent 3.6% of total assets in 2025, an increase from 0.1% in 2012.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, up from 0.0% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2012.
- Asset Diversification: The largest asset category is accounts receivable at 3.4% of total assets.
Hess Midstream Partners LP Competitors by Total Assets
Key competitors of Hess Midstream Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
DT Midstream Inc
NYSE:DTM
|
USA | $10.06 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
USA | $4.08 Billion |
|
Topaz Energy Corp
TO:TPZ
|
Canada | CA$2.20 Billion |
|
DHT Holdings Inc
NYSE:DHT
|
USA | $1.60 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Dorian LPG Ltd
NYSE:LPG
|
USA | $1.78 Billion |
|
Nordic American Tankers Limited
NYSE:NAT
|
USA | $926.96 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.30 Trillion |
Hess Midstream Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.92 | 0.81 | 0.87 |
| Quick Ratio | 0.92 | 0.81 | 0.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-15.40 Million | $-36.00 Million | $-16.60 Million |
Hess Midstream Partners LP - Advanced Valuation Insights
This section examines the relationship between Hess Midstream Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.66 |
| Latest Market Cap to Assets Ratio | 1.19 |
| Asset Growth Rate (YoY) | 5.7% |
| Total Assets | $4.39 Billion |
| Market Capitalization | $5.23 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Hess Midstream Partners LP's assets above their book value (1.19x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: Hess Midstream Partners LP's assets grew by 5.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Hess Midstream Partners LP (2012–2025)
The table below shows the annual total assets of Hess Midstream Partners LP from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $4.39 Billion | +5.72% |
| 2024-12-31 | $4.15 Billion | +9.54% |
| 2023-12-31 | $3.79 Billion | +5.61% |
| 2022-12-31 | $3.59 Billion | +2.94% |
| 2021-12-31 | $3.49 Billion | +3.29% |
| 2020-12-31 | $3.37 Billion | +2.95% |
| 2019-12-31 | $3.28 Billion | +9.58% |
| 2018-12-31 | $2.99 Billion | +13.51% |
| 2017-12-31 | $2.64 Billion | +2.36% |
| 2016-12-31 | $2.57 Billion | +9.29% |
| 2015-12-31 | $2.36 Billion | +71.33% |
| 2014-12-31 | $1.37 Billion | +8.36% |
| 2013-12-31 | $1.27 Billion | +60.64% |
| 2012-12-31 | $789.80 Million | -- |
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