Skip to content
Screener

Hess Midstream HESM Q2 2025 earnings

Reported July 30, 2025 · Before market open

Revenue$413.5MMiss by $15.8M
EPS$0.74Beat by $0.18
Revenue estimate$429.3M
EPS estimate$0.56

Next report

Nov 2, 2026 (in 2 months)
Revenue estimate$411.3M
EPS estimate$0.74

Financials

Q2 2025

Income statement

See full
Revenue$414.2M+13.3%
Operating income$260.2M+17.0%
Net income$90.3M+82.4%

Balance sheet

See full
Cash & equivalents$4.5M-95.5%
Total debt$3.7B+7.3%
Total assets$4.4B+9.2%

Cash flow

See full
Operating cash flow$276.9M+2.0%
CapEx$63.4M-0.8%
Free cash flow$213.5M+2.8%

Valuation & ratios

Valuation

as of 06/30/25
See full
Market cap$5.01B+50.4%
Enterprise value$8.72B+30.3%
P/E17.2×-2.7×
P/S3.2×+0.9×

Profitability

See full
Operating margin61.9%+1.2pp
Net margin18.5%+6.9pp
FCF margin42.4%-5.1pp

Returns & leverage

See full
Current ratio0.7×-0.4×

Segments

By product

See full
Oil And Gas Service$185.9M+12.5%
Processing And Storage Services$152.3M+12.6%
Water Gathering And Disposal Services$34.0M+19.7%
Terminaling And Export Services$33.1M+11.8%

By segment

See full
Gathering$222.4M+13.8%
Processing And Storage$157.9M+13.2%
Terminaling And Export$33.9M+11.1%

FAQ

When did Hess Midstream report Q2 2025 earnings?
Hess Midstream (HESM) reported Q2 2025 earnings on July 30, 2025 before market open.
What were Hess Midstream's Q2 2025 revenue and EPS?
Hess Midstream reported revenue of $413.5M and eps of $0.74 for Q2 2025.
Did Hess Midstream beat estimates in Q2 2025?
Revenue missed the consensus estimate of $429.3M by $15.8M. EPS beat the consensus estimate of $0.56 by $0.18.
How did Hess Midstream's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 13.1% from $365.5M a year earlier and eps grew 25.4% from $0.59.
Where can I find Hess Midstream's Q2 2025 SEC filings?
You can read the 8-K earnings release (0000950170-25-099887) and the 10-Q periodic report (0000950170-25-104058) directly on SEC EDGAR. The filing index links above go to sec.gov.