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D&A at other companies

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EnbridgeENB
-$1.43B-203%
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OneokOKE
$378M-0.5%
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$1.58B+13.8%
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$101.83M+9.9%
TRG
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$453.1M+21.2%
National Fuel Gas logo
National Fuel GasNFG
$121.06M+4.0%

Segments

By segment

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Gathering$36.6M+11.9%
Processing And Storage$13.4M-9.5%
Terminaling And Export$4.4M+2.3%

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%
CapEx$23.1M-63.6%
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

See full
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:Depreciation.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total revenues399.0414.2789.1796.2
Costs and expenses
Operating and maintenance expenses (exclusive of depreciation shown separately below)85.994.1171.5179.7
Depreciation expense54.451.8112.9103.3
General and administrative expenses5.58.113.415.6
Total operating costs and expenses145.8154.0297.8298.6
Income from operations253.2260.2491.3497.6
Income from equity investments6.14.09.37.4

Item 1. Financial Statements

FAQ

What is Hess Midstream's D&A?
Hess Midstream (HESM) reported D&A of $54.4M in Q2 2026.
How has Hess Midstream's D&A changed year-over-year?
Hess Midstream's D&A increased by 5.0% year-over-year, from $51.8M to $54.4M.
What is the long-term trend for Hess Midstream's D&A?
Over 4 years (2021 to 2025), Hess Midstream's D&A has grown at a 6.6% compound annual growth rate (CAGR), from $165.6M to $214.1M.
What does D&A mean?
Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

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