What is Hess Midstream's PP&E (net)?

Hess Midstream (HESM) reported PP&E (net) of $3.32B in Q1 2026.

How has Hess Midstream's PP&E (net) changed year-over-year?

Hess Midstream's PP&E (net) decreased by 0.1% year-over-year, from $3.32B to $3.32B.

What is the long-term trend for Hess Midstream's PP&E (net)?

Over 5 years (2020 to 2025), Hess Midstream's PP&E (net) has grown at a 1.6% compound annual growth rate (CAGR), from $3.11B to $3.37B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Hess Midstream HESM PP&E (Net)

PP&E (Net) at other companies

OneokOKE

$48.3B+4.5%

Energy TransferET

$104.04B+9.2%

TRG

Targa ResourcesTRGP

$21.77B+18.3%

Enterprise Products PartnersEPD

$51.73B+4.0%

National Fuel GasNFG

$7.93B+7.9%

Antero Midstream CorporationAM

$3.93B+1.2%

Other financials

Income statement

See full

Revenue$390.1M+2.1%

Operating income$238.1M+0.3%

Net income$87.6M+22.3%

Balance sheet

See full

Cash & equivalents$4.6M-24.6%

Total debt$3.8B+5.6%

Total assets$4.3B+1.3%

Cash flow

See full

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

See full

Operating margin61.9%+0.5pp

Net margin22.6%+6.2pp

FCF margin48.8%+5.4pp

Returns & leverage

See full

Current ratio0.9×+0.1×

Where this comes from

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Hess Midstream (HESM) reported PP&E (net) of $3.32B in Q1 2026.
How has Hess Midstream's PP&E (net) changed year-over-year?: Hess Midstream's PP&E (net) decreased by 0.1% year-over-year, from $3.32B to $3.32B.
What is the long-term trend for Hess Midstream's PP&E (net)?: Over 5 years (2020 to 2025), Hess Midstream's PP&E (net) has grown at a 1.6% compound annual growth rate (CAGR), from $3.11B to $3.37B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.