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Hess Midstream HESM Processing And Storage — General And Administrative Expense

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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 processing and storage — general and administrative expense?
Hess Midstream (HESM) reported processing and storage — general and administrative expense of $1.4M in Q1 2026.
How has Hess Midstream's processing and storage — general and administrative expense changed year-over-year?
Hess Midstream's processing and storage — general and administrative expense decreased by 17.6% year-over-year, from $1.7M to $1.4M.
What is the long-term trend for Hess Midstream's processing and storage — general and administrative expense?
Over 3 years (2022 to 2025), Hess Midstream's processing and storage — general and administrative expense has grown at a 17.1% compound annual growth rate (CAGR), from $4.3M to $6.9M.
What does processing and storage — general and administrative expense mean?
Represents the overhead costs allocated to the processing and storage segment that are not directly tied to specific operational activities. These typically include management salaries, office expenses, and corporate support functions.