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Hess Midstream HESM Gathering — Property Plant And Equipment Gross Period Increase Decrease

Other segment segments

Processing And Storage
$4.9M+2.1%
Terminaling And Export
$0-100%

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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:PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease.

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
(in millions) / For the Three Months Ended June 30, 2026GatheringProcessing and StorageTerminaling and ExportTotal Reportable SegmentsInterest and OtherConsolidated
Interest expense, net----54.554.5
Income tax expense----31.131.1
Adjusted EBITDA156.6128.530.1315.2
Capital expenditures25.74.9-30.6
GatheringProcessing and StorageTerminaling and ExportTotal Reportable SegmentsInterest and OtherConsolidated
(in millions)
For the Three Months Ended June 30, 2025
Revenues and other income$222.4$157.9$33.9$414.2-$414.2

Item 1. Financial Statements

FAQ

What is Hess Midstream's gathering — property plant and equipment gross period increase decrease?
Hess Midstream (HESM) reported gathering — property plant and equipment gross period increase decrease of $25.7M in Q2 2026.
How has Hess Midstream's gathering — property plant and equipment gross period increase decrease changed year-over-year?
Hess Midstream's gathering — property plant and equipment gross period increase decrease decreased by 60.5% year-over-year, from $65.1M to $25.7M.
What is the long-term trend for Hess Midstream's gathering — property plant and equipment gross period increase decrease?
Over 4 years (2021 to 2025), Hess Midstream's gathering — property plant and equipment gross period increase decrease has grown at a 10.7% compound annual growth rate (CAGR), from $154M to $231.4M.
What does gathering — property plant and equipment gross period increase decrease mean?
Tracks the net change in the gross carrying value of gathering assets due to capital expenditures, acquisitions, or divestitures. It serves as a primary indicator of the company's investment intensity and growth strategy in expanding its gathering infrastructure.

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