With a market capitalization (market cap) of $8.28B — a measure of how much the company is worth — Hess Midstream LP is the 1074th most valuable company in Energy as of August 18, 2026. Shares trade at $40.07, up +1.03% on the day.
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Hess Midstream LP specializes in the ownership, development, operation, and acquisition of energy infrastructure assets positioned midstream in the value chain. The company organizes its business activities into three distinct operational segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment manages systems for the collection and compression of natural gas, the transportation of crude oil, and the disposal of produced water. This extensive network comprises approximately 1,350 miles of pipelines designed for both high and low-pressure natural gas and natural gas liquids, with a daily capacity of about 450 million cubic feet. Additionally, it features around 550 miles of crude oil gathering pipelines. Within the Processing and Storage segment, key assets include the Tioga Gas Plant, located in Tioga, North Dakota, which performs natural gas processing and fractionation. The company also holds a 50% ownership interest in the Little Missouri 4 gas processing plant, situated in McKenzie County, North Dakota, south of the Missouri River. Furthermore, this segment oversees the Mentor Storage Terminal in Mentor, Minnesota, a facility encompassing a propane storage cavern and capabilities for rail and truck loading and unloading. The Terminaling and Export division encompasses the Ramberg terminal facility, the Tioga rail terminal, and a fleet of crude oil rail cars. It also operates the Johnson's Corner Header System, which is a network of crude oil pipelines. Hess Midstream LP was founded in 2014 and maintains its principal offices in Houston, Texas.
Visit websiteAs of August 18, 2026, Hess Midstream LP (HESM) is worth $8.28B — this is its market capitalization, the total value of all its outstanding shares.
Hess Midstream LP’s market cap is $8.28B, which ranks it #1074 among the most valuable companies in the Energy sector tracked on MarketCapLens.
Hess Midstream LP (HESM) shares trade at $40.07, up 1.03% on the day, as of August 18, 2026.
Hess Midstream LP trades at a price-to-earnings (P/E) ratio of 14.0, based on its latest share price and annual earnings per share.
Fundamentals are annual. Figures labeled with their fiscal year.
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