Hess Midstream HESM Gathering — Depreciation
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Where this comes from
Reported directly by Hess Midstream in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
The official record: Hess Midstream’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Hess Midstream's gathering — depreciation?
- Hess Midstream (HESM) reported gathering — depreciation of $37.7M in Q1 2026.
- How has Hess Midstream's gathering — depreciation changed year-over-year?
- Hess Midstream's gathering — depreciation increased by 16.4% year-over-year, from $32.4M to $37.7M.
- What is the long-term trend for Hess Midstream's gathering — depreciation?
- Over 4 years (2021 to 2025), Hess Midstream's gathering — depreciation has grown at a 7.4% compound annual growth rate (CAGR), from $101M to $134.6M.
- What does gathering — depreciation mean?
- Reflects the systematic allocation of the cost of tangible gathering assets over their estimated useful lives. This non-cash expense accounts for the wear and tear of pipelines, compression stations, and other gathering facilities.