Hess Midstream HESM Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Gathering | $204.1M-6.1% | $217.3M-4.4% | $227.3M+2.2% | $222.4M+9.2% | $203.6M-4.0% | |
| Processing And Storage | $148.4M-4.1% | $154.7M-3.1% | $159.6M+1.1% | $157.9M+6.8% | $147.8M-4.0% | |
| Terminaling And Export | $37.6M+16.8% | $32.2M-5.3% | $34M+0.3% | $33.9M+10.8% | $30.6M+2.3% | |
| Revenue (Gross) by Product | ||||||
| Oil And Gas Service | $166.3M-6.6% | $178M-4.4% | $186.2M+0.2% | $185.9M+8.4% | $171.5M-3.5% | |
| Processing And Storage Services | $139.1M-5.0% | $146.4M-3.3% | $151.4M-0.6% | $152.3M+6.1% | $143.6M-4.1% | |
| Terminaling And Export Services | $36.1M+16.5% | $31M-5.2% | $32.7M-1.2% | $33.1M+12.2% | $29.5M+2.1% | |
| Water Gathering And Disposal Services | $31.6M-4.2% | $33M-6.5% | $35.3M+3.8% | $34M+14.5% | $29.7M-7.5% |
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.
