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Hess Midstream HESM Gathering — Total Assets

Other segment segments

Processing And Storage
$936.6M-5.1%
Terminaling And Export
$224.9M-6.3%

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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%
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

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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:Assets.

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 itemJune 30, 2026December 31, 2025
(in millions)
Gathering$2,374.2$2,413.7
Processing and Storage(1)936.6962.8
Terminaling and Export224.9230.8
Total reportable segments assets3,535.73,607.3
Interest and Other720.9781.0
Total consolidated assets$4,256.6$4,388.3

Item 1. Financial Statements

FAQ

What is Hess Midstream's gathering — total assets?
Hess Midstream (HESM) reported gathering — total assets of $2.37B in Q2 2026.
How has Hess Midstream's gathering — total assets changed year-over-year?
Hess Midstream's gathering — total assets increased by 1.0% year-over-year, from $2.35B to $2.37B.
What is the long-term trend for Hess Midstream's gathering — total assets?
Over 4 years (2021 to 2025), Hess Midstream's gathering — total assets has grown at a 5.8% compound annual growth rate (CAGR), from $7.56B to $9.49B.
What does gathering — total assets mean?
Represents the total book value of all tangible and intangible assets dedicated to the gathering segment, including pipelines, compression facilities, and gathering systems. This metric indicates the scale of the asset base utilized to provide gathering services to customers.

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