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Hess Midstream HESM Accounts payable to affiliates

Accounts payable to affiliates at other companies

HES
Hess MidstreamHESM
$2.7M+161%
Hewlett Packard Enterprise logo
Hewlett Packard EnterpriseHPE
$3.07B+314%
Stryker logo
StrykerSYK
-$198M+35.9%
Liberty Energy logo
Liberty EnergyLBRT
$187K+132%
Carvana logo
CarvanaCVNA
$163M+915%
PayPal Holdings, Inc. logo
PayPal Holdings, Inc.PYPL
-$52M0.0%

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:IncreaseDecreaseInDueToAffiliatesCurrent.

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 accounts payable to affiliates?
Hess Midstream (HESM) reported accounts payable to affiliates of $2.7M in Q1 2026.
How has Hess Midstream's accounts payable to affiliates changed year-over-year?
Hess Midstream's accounts payable to affiliates increased by 161.4% year-over-year, from -$4.4M to $2.7M.
What does accounts payable to affiliates mean?
Reflects the net change in short-term payables owed by the company to related parties or affiliated entities. This captures the timing of payments for services or resources provided by affiliates to the company. An increase in this balance serves as a source of operating cash flow by deferring cash outflows.