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Hess Midstream HESM Gathering — General And Administrative Expense

Other segment segments

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$1.4M-17.6%
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$300K0.0%

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Other financials

Income statement

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Revenue$390.1M+2.1%
Operating income$238.1M+0.3%
Net income$87.6M+22.3%

Balance sheet

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Cash & equivalents$4.6M-24.6%
Total debt$3.8B+5.6%
Total assets$4.3B+1.3%

Cash flow

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Operating cash flow$253.3M+25.1%
CapEx$28.8M-36.7%
Free cash flow$224.5M+43.1%

Valuation

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Market cap$4.72B+1.9%
Enterprise value$8.49B+3.5%
P/E12.8×-5.7×
P/S2.9×-0.1×

Profitability

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Operating margin61.9%+0.5pp
Net margin22.6%+6.2pp
FCF margin48.8%+5.4pp

Returns & leverage

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Current ratio0.9×+0.1×

Where this comes from

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

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 — general and administrative expense?
Hess Midstream (HESM) reported gathering — general and administrative expense of $4.1M in Q1 2026.
How has Hess Midstream's gathering — general and administrative expense changed year-over-year?
Hess Midstream's gathering — general and administrative expense increased by 36.7% year-over-year, from $3M to $4.1M.
What is the long-term trend for Hess Midstream's gathering — general and administrative expense?
Over 3 years (2022 to 2025), Hess Midstream's gathering — general and administrative expense has grown at a 1.5% compound annual growth rate (CAGR), from $10.7M to $11.2M.
What does gathering — general and administrative expense mean?
Captures the overhead costs allocated to the gathering segment, including administrative support, management salaries, and corporate functions. It provides insight into the indirect costs required to support the segment's operational activities.