Hess Midstream HESM Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue by Business | |||||
| Gathering | $870.6M+8.9% | $799.1M+9.5% | $730M+7.7% | $677.9M+7.5% | |
| Processing And Storage | $620M+7.3% | $577.7M+15.1% | $501.7M+6.6% | $470.8M+8.1% | |
| Terminaling And Export | $130.7M+10.1% | $118.7M+1.5% | $116.9M-7.6% | $126.5M-8.0% | |
| Total Assets by Business | |||||
| Gathering | $9.49B+7.1% | $8.86B+6.4% | $8.33B+4.6% | $7.97B+5.4% | |
| Processing And Storage | $3.92B-4.0% | $4.09B-4.0% | $4.26B-5.0% | $4.48B-3.3% | |
| Terminaling And Export | $951.4M-6.3% | $1.02B-6.0% | $1.08B-2.4% | $1.11B-3.5% | |
| Income Loss From Continuing Operations Before Interest Income Taxes Depreciation And Amortization by Business | |||||
| Gathering | $643.4M+9.9% | $585.3M+9.6% | $533.8M+7.4% | $497M+3.8% | |
| Processing And Storage | $509.6M+7.6% | $473.5M+16.5% | $406.4M+5.1% | $386.8M+21.9% | |
| Terminaling And Export | $94.4M+8.8% | $86.8M-0.1% | $86.9M-14.1% | $101.2M-15.6% | |
| General And Administrative Expense by Business | |||||
| Gathering | $11.2M+8.7% | $10.3M-5.5% | $10.9M+1.9% | $10.7M— | |
| Processing And Storage | $6.9M+30.2% | $5.3M0.0% | $5.3M+23.3% | $4.3M— | |
| Terminaling And Export | $1.1M+10.0% | $1M-23.1% | $1.3M+44.4% | $900K— | |
| Income Loss From Equity Method Investments by Business | |||||
| Processing And Storage | $15.9M+13.6% | $14M+81.8% | $7.7M+45.3% | $5.3M-50.0% | |
| Property Plant And Equipment Gross Period Increase Decrease by Business | |||||
| Gathering | $231.4M-14.4% | $270.2M+20.4% | $224.5M+6.8% | $210.2M+36.5% | |
| Processing And Storage | $15.1M-14.2% | $17.6M+57.1% | $11.2M+27.3% | $8.8M-69.4% | |
| Terminaling And Export | $1M— | —— | —— | $12.8M— | |
| Operating Costs And Expenses by Business | |||||
| Gathering | $216M+6.1% | $203.5M+9.8% | $185.3M+8.9% | $170.2M— | |
| Processing And Storage | $119.4M+5.8% | $112.9M+14.0% | $99M+16.5% | $85M— | |
| Terminaling And Export | $35.2M+13.9% | $30.9M+7.7% | $28.7M+17.6% | $24.4M— | |
| Depreciation by Business | |||||
| Gathering | $134.6M+6.2% | $126.7M+9.6% | $115.6M+7.6% | $107.4M+6.3% | |
| Processing And Storage | $62M+4.9% | $59.1M-1.3% | $59.9M+3.8% | $57.7M+19.2% | |
| Terminaling And Export | $17.5M+1.2% | $17.3M+1.8% | $17M+4.9% | $16.2M0.0% | |
| Revenue (Gross) by Product | |||||
| Oil And Gas Service | $721.6M+7.2% | $673.4M+6.2% | $633.8M+5.5% | $600.8M+11.2% | |
| Processing And Storage Services | $593.7M+5.8% | $561.1M+13.1% | $496M+5.4% | $470.8M+8.1% | |
| Terminaling And Export Services | $126.3M+10.0% | $114.8M+0.3% | $114.4M-8.1% | $124.5M-9.5% | |
| Water Gathering And Disposal Services | $132M+11.4% | $118.5M+26.2% | $93.9M+21.8% | $77.1M-14.5% |
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.