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CapEx at other companies

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Other financials

Income statement

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Revenue$399.0M-3.7%
Operating income$253.2M-2.7%
Net income$96.4M+6.8%

Balance sheet

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Cash & equivalents$5.0M+11.1%
Total debt$3.7B-0.9%
Total assets$4.3B-3.8%

Cash flow

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Operating cash flow$278.6M+0.6%
Free cash flow$255.5M+19.7%

Valuation

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Market cap$5.13B-6.4%
Enterprise value$8.8B-4.2%
P/E13.7×-5.2×
P/S3.2×-0.3×

Profitability

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Operating margin62.1%+0.2pp
Net margin23.2%+4.7pp
FCF margin51.9%+9.5pp

Returns & leverage

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Current ratio0.8×+0.1×

Where this comes from

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Hess Midstream’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338055
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other current and noncurrent liabilities(8.2)(10.7)
Net cash provided by operating activities531.9479.3
Cash flows from investing activities
Additions to property, plant and equipment(51.9)(108.9)
Net cash used in investing activities(51.9)(108.9)
Cash flows from financing activities
Net proceeds from (repayments of) borrowings with maturities of 90 days or less(82.0)258.0
Borrowings with maturities of greater than 90 days:

Item 1. Financial Statements

FAQ

What is Hess Midstream's capex?
Hess Midstream (HESM) reported capex of $23.1M in Q2 2026.
How has Hess Midstream's capex changed year-over-year?
Hess Midstream's capex decreased by 63.6% year-over-year, from $63.4M to $23.1M.
What is the long-term trend for Hess Midstream's capex?
Over 4 years (2021 to 2025), Hess Midstream's capex has grown at a 11.9% compound annual growth rate (CAGR), from $163.2M to $255.6M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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