With a market capitalization (market cap) of $7.8B — a measure of how much the company is worth — Hess Midstream LP ranks #1,061 among the 2,510 companies tracked, and 65th in Energy as of October 3, 2026. Shares trade at $37.75, down 0.79% on the day.
of 2,510 tracked
Market-cap change uses historical capitalization records. Share-price returns are a different series — they can diverge when the share count changes. Those returns are not a CAGR until you pick a start value, an ending value, and years. CAGR calculator. Market cap vs. stock price.
Year-end values and the chart both come from historical market-cap records, not from applying today's share count to past prices. Latest historical observation October 2, 2026. Ranking headline cap is the snapshot figure as of October 3, 2026.
| Year | As of | Market cap | Annual change | Year-end close |
|---|---|---|---|---|
| 2026 | Oct 2, 2026 | $4.85B | +8.74% | $37.75 |
| 2025 | Dec 31, 2025 | $4.46B | +8.74% | $34.50 |
| 2024 | Dec 31, 2024 | $4.1B | +89.47% | $37.03 |
| 2023 | Dec 29, 2023 | $2.16B | +63.97% | $31.63 |
| 2022 |
Ranking figure $7.8B as of October 3, 2026.
Hess Midstream LP's ranking market cap is the provider-reported capitalization on the same snapshot as the rest of this site, with a share price of $37.75 as of October 2, 2026. Charts and the year-end table use a separate historical market-cap series, last observed at $4.85B on October 2, 2026. See how the ranking works.
The ranking snapshot ($7.8B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($4.85B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Live shares outstanding are not on the quote used for price, so this page does not invent a current share count. Shares outstanding vs. float.
The latest annual report (FY 2025) used a weighted-average 123,100,000 shares. That figure is an average for the year, not the live count in the market-cap formula.
Multiplying the latest price by those FY 2025 weighted-average shares would give about $4.65B. The ranking uses the provider's reported market cap instead, which reflects a current share count rather than that annual average.
Book equity: assets minus liabilities on the latest annual report.
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FY 2025 net worth
Largest U.S.-listed names in the same FMP sector — not a hand-picked competitor set.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #19 | Exxon Mobil Corporation XOM | $679.73B | +0.12% |
| #29 | Chevron Corporation CVX | $411.8B | -0.16% |
| #51 | Shell plc |
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.
Summary from the company profile (Financial Modeling Prep). Principal financial figures above are for FY 2025.
Visit websiteAs of October 3, 2026, Hess Midstream LP (HESM) is worth $7.8B — that is its market capitalization, the total value of its outstanding shares on MarketCapLens.
A company’s net worth is its shareholders’ equity: assets minus liabilities on the balance sheet. That is book equity, not market cap. For FY 2025, Hess Midstream LP’s book equity is about $437.9M. Market cap is the market value of the outstanding shares. As of October 3, 2026, its market cap is $7.8B. Book equity is an accounting remainder; market cap is a trading value. Neither is a person’s net worth.
Hess Midstream LP ranks #1,061 among the 2,510 companies tracked on MarketCapLens. In Energy it ranks #65 of 158.
Fundamentals are annual. Figures labeled with their fiscal year. Live ratios use the current price against those annual earnings.
| Dec 30, 2022 |
| $1.32B |
| +41.71% |
| $29.92 |
| 2021 | Dec 31, 2021 | $931.13M | — | $27.63 |
|---|
Last observation of each calendar year from historical market-cap records. The current year is through the latest date, not a completed year-end. Share-price close is the matching session for context — we do not rebuild cap from today's share count.
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FY 2025
| $268.3B |
| +0.65% |
| #81 | TotalEnergies SE TTE | $187.96B | -0.13% |
| #100 | ConocoPhillips COP | $154.42B | -0.24% |
| #111 | Petróleo Brasileiro S.A. - Petrobras PBR | $139.52B | +3.19% |
Companies immediately above and below in the overall ranking. They may be in a different sector.
| Rank | Company | Market cap | 1D |
|---|---|---|---|
| #1058 | A. O. Smith Corporation AOS | $7.86B | +0.14% |
| #1059 | StoneX Group Inc. SNEX | $7.82B | +0.63% |
| #1060 | Lineage, Inc. LINE | $7.82B | +1.09% |
| #1062 | BOK Financial Corporation BOKF | $7.8B | +1.52% |
| #1063 | CarMax, Inc. KMX | $7.79B | -1.74% |
| #1064 | NNN REIT, Inc. NNN | $7.79B | +1.87% |
Hess Midstream LP’s ranking market cap of $7.8B comes from the same snapshot as the rest of this site, as of October 3, 2026. It is not share price multiplied by the FY 2025 weighted-average share count of 123,100,000. The ranking snapshot ($7.8B as of October 3, 2026) is FMP company-screener market cap. The historical observation ($4.85B on October 2, 2026) is FMP historical-market-capitalization for the same ticker. The live quote market cap agrees with the ranking snapshot. This page does not replace one series with the other.
Over the past year, Hess Midstream LP’s market cap is up 9.08%, using historical market-cap records rather than today’s share count applied to past prices.
Hess Midstream LP (HESM) shares trade at $37.75, down 0.79% on the day, as of October 3, 2026.
Hess Midstream LP trades at a live price-to-earnings (P/E) ratio of 13.2, using the latest share price divided by the latest annual earnings per share. That is not the same as a fiscal-year reported P/E.