Hess Midstream HESM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Gathering | $204.1M+0.2% | $217.3M+2.5% | $227.3M+11.7% | $222.4M+13.8% | $203.6M+8.2% | |
| Processing And Storage | $148.4M+0.4% | $154.7M+0.5% | $159.6M+10.0% | $157.9M+13.2% | $147.8M+6.3% | |
| Terminaling And Export | $37.6M+22.9% | $32.2M+7.7% | $34M+13.7% | $33.9M+11.1% | $30.6M+7.7% | |
| Revenue (Gross) by Product | ||||||
| Oil And Gas Service | $166.3M-3.0% | $178M+0.1% | $186.2M+8.9% | $185.9M+12.5% | $171.5M+7.7% | |
| Processing And Storage Services | $139.1M-3.1% | $146.4M-2.2% | $151.4M+7.5% | $152.3M+12.6% | $143.6M+6.1% | |
| Terminaling And Export Services | $36.1M+22.4% | $31M+7.3% | $32.7M+13.1% | $33.1M+11.8% | $29.5M+7.7% | |
| Water Gathering And Disposal Services | $31.6M+6.4% | $33M+2.8% | $35.3M+15.0% | $34M+19.7% | $29.7M+8.8% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Hess Midstream break its business down?
- Hess Midstream (HESM) reports revenue by business across 3 parts — Gathering, Processing And Storage and Terminaling And Export. Each is extracted from the segment footnotes and tracked over time.
- Where does Hess Midstream's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Hess Midstream's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
