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Hess Midstream HESM Geographic — Length Of Crude Oil Pipeline

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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$5.24B-7.3%
Enterprise value$9.01B-3.8%
P/E14.2×-5.2×
P/S3.2×-0.4×

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 hesm:LengthOfCrudeOilPipeline.

The source filing: Hess Midstream’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 4:15 PM EST
Fiscal year
FY2025
Accession
0001193125-26-071592
  • Ramberg Terminal Facility. A crude oil pipeline and truck receipt terminal located in Williams County, North Dakota that is capable of delivering crude oil into an interconnecting pipeline for transportation to the Tioga Rail Terminal, Dakota Access Pipeline (“DAPL”) and other third‑party pipelines and storage facilities.
  • Tioga Rail Terminal. A crude oil and NGL rail loading terminal in Tioga, North Dakota that is connected to the Tioga Gas Plant, the Ramberg Terminal Facility and our crude oil gathering system.
  • Crude Oil Rail Cars. A total of 550 crude oil rail cars, constructed to the DOT‑117 safety standards, which we operate as unit trains consisting of approximately 100 to 110 crude oil rail cars.
  • Johnson’s Corner Header System. An approximately six‑mile crude oil pipeline header system located in McKenzie County, North Dakota that receives crude oil by pipeline from Chevron and third parties and delivers crude oil to DAPL and other third‑party interstate pipeline systems.
  • Other DAPL Connections. Various connections into DAPL that receive crude oil by pipeline from the crude oil gathering system for delivery into DAPL.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Hess Midstream's geographic — length of crude oil pipeline?
Hess Midstream (HESM) reported geographic — length of crude oil pipeline of 1.5 in Q4 2025.
How has Hess Midstream's geographic — length of crude oil pipeline changed year-over-year?
Hess Midstream's geographic — length of crude oil pipeline decreased by 0.0% year-over-year, from 1.5 to 1.5.
What is the long-term trend for Hess Midstream's geographic — length of crude oil pipeline?
Over 4 years (2021 to 2025), Hess Midstream's geographic — length of crude oil pipeline has grown at a 0.0% compound annual growth rate (CAGR), from 6 to 6.
What does geographic — length of crude oil pipeline mean?
This metric represents the total physical distance of crude oil gathering pipeline infrastructure located within the McKenzie County geographic segment. It serves as a key indicator of the scale and reach of the company's midstream gathering network in this specific production area. Monitoring this length helps investors assess the company's footprint and potential capacity for transporting crude oil from production sites to processing or storage facilities.

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