Hess Midstream Partners (NYSE:HESM) is poised to release its third quarter results for 2025 on November 3, 2025, prior to market opening. Analysts anticipate the company will report earnings of $0.61 per share, alongside revenue projections of $424.36 million for the quarter. Stakeholders can access the company’s earnings overview page for further details regarding the conference call scheduled for 10:00 AM ET on the same day.
In the previous quarter, Hess Midstream reported earnings of $0.74 per share, surpassing the consensus estimate of $0.56 by $0.18. The company’s revenue for that period reached $414.20 million, exceeding analyst expectations of $405.08 million. This reflects a notable year-over-year increase of 13.3% in revenue compared to the same quarter in 2024.
Stock Performance and Dividend Announcement
As of Friday, shares of Hess Midstream opened at $34.02. The stock has a 50-day moving average of $36.34 and a 200-day moving average of $38.07. The company maintains a debt-to-equity ratio of 7.26 and a market capitalization of $7.15 billion, with a price-to-earnings (P/E) ratio of 12.60.
Hess Midstream has also announced an increase in its quarterly dividend, which will be paid on November 14, 2025. Shareholders of record as of November 6 will receive a dividend of $0.7548 per share, up from the previous dividend of $0.74. This adjustment represents an annualized dividend of $3.02 and an attractive yield of 8.9%. The company’s dividend payout ratio currently stands at 109.26%.
Market Insights and Analyst Ratings
Market analysts have recently issued various reports on Hess Midstream Partners. The Goldman Sachs Group initiated coverage on the stock, assigning a “neutral” rating with a target price of $36.00. Meanwhile, Raymond James Financial reaffirmed an “outperform” rating with a revised target price of $35.00, down from $48.00.
Citigroup also adjusted its price target from $41.00 to $37.00, maintaining a “neutral” stance. Conversely, Wells Fargo & Company downgraded its recommendation from “equal weight” to “reduce.” Overall, the consensus rating for Hess Midstream Partners is “Hold,” with an average target price of $40.57.
In a related development, Chief Operating Officer John A. Gatling sold 62,457 shares of the company on August 12, generating approximately $2.6 million from the transaction. This sale was disclosed in a document filed with the U.S. Securities and Exchange Commission.
Institutional investors continue to show strong interest in Hess Midstream. The California State Teachers Retirement System increased its stake by 13.4% in the second quarter, now holding 112,680 shares valued at approximately $4.34 million. Additionally, Evergreen Capital Management LLC significantly raised its ownership by 611.9%, acquiring 119,310 shares worth $4.6 million.
Hess Midstream LP operates midstream assets in the United States, providing fee-based services to Hess and third-party customers across three segments: Gathering, Processing and Storage, and Terminaling and Export. The company is well-positioned to navigate the evolving energy landscape, leveraging its robust infrastructure and strategic relationships.
