GURU.Markets stock price, segment price, and overall market index valuation
The company's share price HESM
Hess Midstream LP owns and operates the infrastructure for gathering and processing oil and gas produced by Hess Corporation. Its share price reflects the stability of cash flows secured by long-term fixed-fee contracts, making it less volatile than the oil company's own stock.
Share prices of companies in the market segment - Energy logist
Hess Midstream operates in the oil and gas transportation and processing segment. We classify it as part of the Energy Logistics sector. The chart below shows the dynamics of this infrastructure segment, whose revenues depend on production volumes and are secured by long-term contracts.
Broad Market Index - GURU.Markets
Hess Midstream is a partnership that owns and operates oil and gas gathering and processing infrastructure for Hess Corporation. Its stable business earns it a spot in the GURU.Markets index. The chart below shows how this midstream company's stock performs relative to the broader market.
Change in the price of a company, segment, and market as a whole per day
HESM - Daily change in the company's share price HESM
Shares of Hess Midstream, an energy infrastructure operator, exhibit volatility linked to energy price movements. Daily price change is a measure of this sensitivity. This metric is an important component of more complex formulas on System.GURU.Markets, which help assess a company's stability in the commodities sector.
Daily change in the price of a set of shares in a market segment - Energy logist
Hess Midstream LP is an energy infrastructure operator. This chart shows the average daily volatility of the energy sector. Comparison with the dynamics of HESM, whose revenue depends on Hess Corp.'s production volumes, highlights its unique risk of concentrating on a single customer.
Daily change in the price of a broad market stock, index - GURU.Markets
Hess Midstream is a partnership that manages energy infrastructure for Hess Corporation. Its business is considered relatively stable thanks to long-term contracts. The chart below illustrates the volatility in the energy sector, which may make Hess Midstream appear more secure.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization HESM
Hess Midstream is a partnership that owns and operates oil and gas gathering and transportation infrastructure. Its annual performance reflects the stability of its business model, based on long-term contracts, and its key role in the energy system.
Annual dynamics of market capitalization of the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure, primarily serving Hess Corporation. Its business model, based on long-term contracts, provides it with stable cash flows. The chart below shows how this predictability and its reliance on a single major client impacts its performance.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Hess Midstream, which operates pipelines under long-term contracts, offers investors stability in the volatile energy sector. Its stock performance is weakly dependent on oil prices and more closely resembles that of an infrastructure company. Compared to the market, it appears as a safe haven, generating predictable cash flow regardless of economic cycles.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization HESM
Hess Midstream, an energy infrastructure operator, enjoys stable market capitalization. The monthly fluctuations on the chart reflect the volumes of oil and gas passing through its pipelines in the Bakken Basin. Its revenue is based on tariffs, making it less volatile than oil producers.
Monthly dynamics of market capitalization of the market segment - Energy logist
This chart shows the dynamics of the energy infrastructure sector. For Hess Midstream, which serves parent company Hess, this provides context. Its movements depend almost entirely on production volumes and the development plans of its main client in the Bakken.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Hess Midstream, which owns pipelines and processing facilities, generates stable revenue from oil and gas transportation. This makes its shares less volatile than those of oil and gas companies. Investors value it for its predictable cash flows and dividends.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization HESM
Hess Midstream owns and operates oil and gas infrastructure. The company's weekly share price performance is driven by production volumes from its main partner, Hess Corporation, in the Bakken formation, as well as by overall oil prices, which influence drilling activity.
Weekly dynamics of market capitalization of the market segment - Energy logist
Hess Midstream owns infrastructure for Hess Corp. Comparing its weekly performance with the energy infrastructure sector reveals its dependence on a single customer. The chart shows how Hess's production plans in the Bakken influence its stock more than overall sector trends.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Hess Midstream, a gas pipeline operator, has a stable business. Comparing its weekly performance with the broader market reveals its defensive qualities. The chart shows how the company's shares exhibit low volatility and stable dividends, which appeals to conservative investors.
Market capitalization of the company, segment and market as a whole
HESM - Market capitalization of the company HESM
Hess Midstream's market capitalization chart tells a story about the stability of the infrastructure business supporting oil production. The company services Hess Corporation in the Bakken formation. Its dynamics demonstrate how investors value long-term contracts and predictable cash flows, which are less dependent on oil prices than production itself.
HESM - Share of the company's market capitalization HESM within the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas pipelines and processing facilities, primarily in the Bakken shale formation. Its stake in the energy logistics sector reflects its strategic importance to this key production region. The chart below shows the company's stake in the infrastructure sector.
Market capitalization of the market segment - Energy logist
Hess Midstream Partners owns and operates oil and gas pipelines, as well as refining facilities, primarily for Hess Corporation. The chart below shows the overall market capitalization of the energy logistics sector. Its stability is ensured by long-term contracts, making it less susceptible to commodity price volatility.
Market capitalization of all companies included in a broad market index - GURU.Markets
The Hess Midstream line on this chart represents the infrastructure core of one of the key US oil fields. The company services Hess Corporation's production in the Bakken formation. Its market capitalization is more stable than that of oil companies, as it depends on transportation volumes rather than volatile oil prices.
Book value capitalization of the company, segment and market as a whole
HESM - Book value capitalization of the company HESM
Hess Midstream's capital is its network of pipelines, processing plants, and terminals servicing oil and gas production in the Bakken formation. This strategic infrastructure is tied to one of the largest fields in the United States. The chart shows how the company has invested in these critical assets to support its main partner's production growth.
HESM - Share of the company's book capitalization HESM within the market segment - Energy logist
Hess Midstream owns and operates oil and gas gathering, processing, and transportation infrastructure for Hess Corporation. Its assets include pipelines, gas processing plants, and terminals. The chart shows the proportion of the critical physical energy infrastructure it controls in the Bakken.
Market segment balance sheet capitalization - Energy logist
Hess Midstream owns and operates oil and gas gathering infrastructure. This is an extremely capital-intensive business. The energy sector's total book value chart demonstrates that this activity requires a massive foundation of pipelines and plants.
Book value of all companies included in the broad market index - GURU.Markets
Hess Midstream's balance sheet is a strategically important network of pipelines, gas processing plants, and terminals in the Bakken Basin. The company's assets comprise the physical infrastructure for transporting and processing hydrocarbons. The chart shows the system's importance in the energy sector.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - HESM
Hess Midstream's balance sheet is its pipelines. The market pays a premium for its strategic location in the Bakken Basin and long-term contracts with Hess Corp, which ensure predictable cash flow. The schedule is a premium for this stability and low risk.
Market to book capitalization ratio in a market segment - Energy logist
Hess Midstream LP owns and operates infrastructure for gathering, processing, and transporting oil and gas. It is a business with large tangible assets, and its valuation depends on stable cash flows secured by long-term contracts.
Market to book capitalization ratio for the market as a whole
Hess Midstream owns and operates oil and gas transportation and processing infrastructure. It is a business based on high-value tangible assets. Its market valuation reflects the stability of its cash flows secured by long-term contracts, making it less volatile than upstream companies.
Debts of the company, segment and market as a whole
HESM - Company debts HESM
Hess Midstream, an operator of oil and gas gathering and processing infrastructure, enjoys stable revenues thanks to long-term contracts, primarily with Hess Corporation. This allows the company to leverage significant debt to finance its assets and ensure high shareholder returns. This chart illustrates the highly leveraged model typical of the midstream sector.
Market segment debts - Energy logist
Hess Midstream is a company that owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. It is a capital-intensive business whose revenue depends on production volumes. This chart shows how the company finances the maintenance and expansion of its infrastructure, ensuring stable cash flow for its shareholders.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio HESM
Hess Midstream owns and operates oil and gas transportation and processing infrastructure. This chart shows the company's debt level. It is important for assessing its financial stability, as the company's revenue depends on the production volumes of its parent company, Hess Corporation, and requires capital investment to maintain and expand pipelines.
Market segment debt to market segment book capitalization - Energy logist
Hess Midstream Partners owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. It is a business with long-term contracts and stable flows. The chart shows how the company's debt load compares to its overall capitalization and industry standards in the energy logistics sector.
Debt to book value of all companies in the market
Hess Midstream, a pipeline operator, has a capital-intensive infrastructure business. This chart shows how much more leveraged the energy infrastructure sector is than the average business, comparing the company's debt to the total capitalization of the entire stock market.
P/E of the company, segment and market as a whole
P/E - HESM
Hess Midstream LP owns and operates oil and gas infrastructure in the Bakken formation in North Dakota for Hess Corporation. This chart shows how the market perceives its stable cash flows. The trend reflects the predictability of revenues secured by long-term contracts with its main customer.
P/E of the market segment - Energy logist
Hess Midstream is an infrastructure company with predictable cash flows. This chart shows the average valuation for the energy infrastructure sector. It helps understand how investors value Hess Midstream, given its long-term contracts and stable dividends, making it attractive to conservative investors.
P/E of the market as a whole
Hess Midstream LP is a partnership that owns and operates oil and gas infrastructure (pipelines, processing plants) in the Bakken formation for its main client, Hess Corporation. This chart shows the overall sentiment in the energy sector. HESM's business, however, generates stable cash flow through long-term contracts, making it less volatile than the shares of the oil producers themselves.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company HESM
Hess Midstream LP owns and operates oil and gas infrastructure in the Bakken formation, serving Hess Corporation. This chart reflects expected cash flow stability secured by long-term contracts. The dynamics depend on the production plans of its main client.
Future (projected) P/E of the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas gathering, processing, and storage infrastructure, primarily for Hess Corporation in North Dakota. This chart shows average profitability expectations for the sector. It provides an insight into the market's perception of the company's cash flow stability, secured by long-term contracts.
Future (projected) P/E of the market as a whole
Hess Midstream LP owns and operates oil and gas gathering, processing, and storage infrastructure in North Dakota. This chart reflects general economic expectations. For a company providing services in the energy sector under long-term contracts, it shows how the market perceives the stability of its cash flows amid commodity price volatility.
Profit of the company, segment and market as a whole
Company profit HESM
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. The profit stability reflected in this chart is ensured by long-term contracts with fixed tariffs. The trend demonstrates the predictability of the business model, which is protected from energy price volatility.
Profit of companies in the market segment - Energy logist
Hess Midstream LP is a partnership that owns, operates, and develops oil and gas gathering, processing, and storage infrastructure for Hess Corporation and other companies in the Bakken Shale. This chart demonstrates the stability of profitability in the energy logistics sector, where long-term contracts and strategic asset locations ensure predictable cash flow.
Overall market profit
Hess Midstream owns and operates oil and gas gathering and processing infrastructure in the Bakken formation. Its revenues, based on long-term contracts, are stable and dependent on production volumes. Hess Midstream is a vital link in the US energy chain, ensuring security of supply, which underpins the entire economy.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company HESM
Hess Midstream LP owns and operates oil and gas infrastructure (gathering, processing, and storage) primarily for Hess Corporation in the Bakken formation. The profit projection in this chart depends on Hess's production volumes and is based on long-term contracts, making it more stable than that of production companies.
Future (predicted) profit of companies in the market segment - Energy logist
Hess Midstream LP owns and operates infrastructure for gathering, processing, and storing oil, gas, and water, primarily for its sponsor, Hess Corporation, in the Bakken formation. This chart shows the projected total return for the energy logistics sector, allowing one to assess the stability of Hess Midstream's cash flows, supported by long-term contracts.
Future (predicted) profit of the market as a whole
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. Its business is directly dependent on the production volumes of its main partner. This schedule, reflecting energy demand, indirectly impacts production plans and, consequently, the flows through Hess Midstream's assets.
P/S of the company, segment and market as a whole
P/S - HESM
Hess Midstream Partners owns and operates oil and gas gathering and processing infrastructure for Hess Corporation. This chart shows how the market values โโits revenue, which is primarily secured by long-term contracts. The stability of this figure reflects the predictability of cash flows, which are tied to volumes rather than prices.
P/S market segment - Energy logist
Hess Midstream LP owns, operates, and develops infrastructure for gathering, processing, and transporting oil, gas, and water for Hess Corporation in the Bakken Shale. The company's revenue is stable thanks to long-term contracts. This chart shows the average valuation in the sector, allowing one to assess the stability of Hess Midstream's business model.
P/S of the market as a whole
Hess Midstream LP owns and operates oil and gas gathering, processing, and transportation infrastructure for Hess Corporation and other clients in North Dakota. Its revenues are stable thanks to long-term contracts. This chart provides an insight into how the market values โโthe predictability of energy infrastructure companies compared to the volatility of the overall market.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company HESM
Hess Midstream LP owns and operates oil and gas gathering, processing, and transportation infrastructure, primarily for Hess Corporation. This chart shows the company's estimate of its future revenues. It reflects investor expectations regarding the production volumes of its key customer and the stability of service tariffs.
Future (projected) P/S of the market segment - Energy logist
Hess Midstream LP owns and operates infrastructure for gathering, processing, and storing oil, gas, and water for Hess Corporation and other producers in the Bakken Basin. The company's business is based on long-term contracts. This chart shows how the market values โโits stable, fee-based future revenues.
Future (projected) P/S of the market as a whole
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. Its revenues are stable thanks to long-term contracts. This general expectations chart for HESM has limited direct impact. The company's business depends on production volumes in a specific region, not on overall market sentiment.
Sales of the company, segment and market as a whole
Company sales HESM
This chart demonstrates the stability of revenues in energy infrastructure. For Hess Midstream, it reflects predictable cash flows based on long-term contracts for gathering, processing, and storing oil and gas. The company primarily services Hess Corporation, ensuring revenue security.
Sales of companies in the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas infrastructure in the Bakken Shale, primarily serving Hess Corporation. Its revenues are stable and based on long-term contracts. This chart shows how oil production levels in one of the key US basins impact Hess Midstream's cash flows and energy logistics business.
Overall market sales
Hess Midstream Partners owns and operates oil and gas pipelines, as well as processing facilities, in the Bakken shale formation. Its revenue depends on oil and gas production in this key region. The company's business reflects the state of the American oil industry, which has a significant impact on the entire economy.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company HESM
Hess Midstream Partners owns and operates oil and gas infrastructure in the Bakken shale formation, serving Hess Corporation. The company's future revenues are directly dependent on the production volumes of its main partner. This chart reflects the expected development of one of North America's key oil-producing regions.
Future (projected) sales of companies in the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas infrastructure for Hess Corporation in the Bakken Basin. The energy logistics sector forecast is directly dependent on the plans of its main client. It shows how Hess Corporation's production volumes determine Hess Midstream's future cash flows and growth.
Future (projected) sales of the market as a whole
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure, primarily for Hess Corporation. Its revenues depend on production volumes in specific regions. This general economic activity affects energy prices and, consequently, Hess Corporation's drilling activity, which determines the volumes flowing through Hess Midstream's assets.
Marginality of the company, segment and market as a whole
Company marginality HESM
Hess Midstream, a company that manages oil and gas pipelines for Hess Corporation in North Dakota, demonstrates the stability of its business in this chart. Profitability is based on long-term, fixed-fee contracts, which ensure predictable cash flow, insulated from oil price volatility.
Market segment marginality - Energy logist
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure in the Bakken Shale for Hess Corporation. This chart shows the average profitability in the energy logistics sector. Long-term contracts with fixed tariffs provide the company with stable and predictable cash flows and high margins.
Market marginality as a whole
#VALUE!
Employees in the company, segment and market as a whole
Number of employees in the company HESM
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure in the Bakken Shale, primarily serving Hess Corporation. Its small and stable staff ensures the operation of critical facilities. The dynamics in this chart are closely linked to the long-term production plans of its main customer and partner.
Share of the company's employees HESM within the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas gathering, processing, and storage infrastructure, primarily for its sponsor, Hess Corporation, in North Dakota. This chart illustrates its operational focus. It shows the proportion of engineers and technicians servicing oil and gas infrastructure in the Bakken Basin that Hess Midstream employs.
Number of employees in the market segment - Energy logist
Hess Midstream LP owns and operates oil and gas gathering and processing infrastructure in the Bakken shale formation. This chart illustrates employment in the midstream sector, which supports the upstream industry. Workforce stability is ensured by long-term contracts and is tied to regional production volumes.
Number of employees in the market as a whole
Hess Midstream LP owns and operates oil and gas gathering, processing, and storage infrastructure, primarily for Hess Corporation. Its revenues are stable and based on long-term contracts. Overall economic activity, illustrated by this employment chart, influences energy demand and, consequently, the production volumes flowing through its system.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company HESM (HESM)
Hess Midstream is a company that owns oil and gas gathering and processing infrastructure, primarily for Hess Corporation. This chart illustrates how capital-intensive and focused this business is. The very high capitalization per employee indicates that its multi-billion-dollar pipelines and plants serve the needs of a single key partner.
Market capitalization per employee (in thousands of dollars) in the market segment - Energy logist
Hess Midstream (HESM) is a company that owns and operates infrastructure (gas gathering, processing, and logistics) primarily serving Hess Corporation in the Bakken formation. This chart shows the average valuation per employee in the sector. As with other midstream companies, it shows how much the market values โโtheir capital-intensive assets relative to the small staff that operates them.
Market capitalization per employee (in thousands of dollars) for the overall market
Hess Midstream LP owns and operates oil and gas gathering, processing, and storage infrastructure for Hess Corporation and other clients. This chart demonstrates the very high cost per employee, typical in the midstream sector, where a small team manages critical and expensive assets.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company HESM (HESM)
Hess Midstream LP is a midstream company created by Hess Corporation to own and operate infrastructure (pipelines, gas processing plants) in the Bakken formation. It's an infrastructure business, and its revenues are very high, as the enormous revenues from gas transportation and processing are generated by a relatively small team of engineers.
Profit per employee (in thousands of dollars) in the market segment - Energy logist
Hess Midstream (HESM) is a pipeline operator serving Hess (now Chevron). This chart shows the benchmark for "Energy Logistics" (Midstream). The average profit per employee is very high here. It's a "business asset." Once a pipeline is built, it requires minimal staffing to generate stable, long-term revenue (fee-based).
Profit per employee (in thousands of dollars) for the market as a whole
Hess Midstream Partners owns and operates oil and gas gathering and processing infrastructure for Hess Corporation. It's a business based on long-term, fixed-fee contracts. This chart illustrates how owning critical assets within a predictable business model ensures very high and stable cash flow per employee.
Sales to employees of the company, segment and market as a whole
Sales per company employee HESM (HESM)
Hess Midstream Partners operates oil and gas pipelines, as well as refining facilities. This chart is a prime example of a capital-intensive business. Its colossal revenue per employee is generated not by people, but by expensive infrastructure. This metric reflects the throughput capacity of its assets and the volume of oil and gas production in the region.
Sales per employee in the market segment - Energy logist
Hess Midstream LP owns infrastructure (pipelines, processing plants) in the Bakken Basin, primarily to serve Hess Corporation. It's a capital-intensive business. This metric reflects how effectively their small team manages these critical assets, generating stable revenue from transportation and processing.
Sales per employee for the market as a whole
Hess Midstream LP owns and operates infrastructure (pipelines, gas processing plants) primarily in the Bakken Basin (North Dakota), serving Hess Corporation. It's a capital-intensive midstream business. This chart shows how much revenue each employee generates. High values โโare typical for this sector, where assets (pipes) generate revenue, not people.
Short shares by company, segment and market as a whole
Shares shorted by company HESM (HESM)
Hess Midstream LP is a company that owns and operates infrastructure (pipelines, gas processing plants) primarily serving Hess Corporation in the Bakken field in North Dakota. This chart shows bearish bets. Bears may be concerned that production in the mature Bakken field will begin to decline, which will reduce the volumes flowing through Hess Midstream's assets.
Shares shorted by market segment - Energy logist
Hess Midstream LP owns and operates infrastructure (pipelines, processing) for gathering oil and gas, primarily for Hess Corporation in the Bakken. This chart shows overall short positions in the energy logistics sector. High short positions in the industry may indicate that investors expect production in the region to decline, which will reduce the utilization rate of Hess Midstream's assets.
Shares shorted by the overall market
Hess Midstream LP operates pipelines and storage facilities, primarily for Hess Corporation. It's an infrastructure (midstream) business with stable cash flows. But this chart highlights general market fears. During periods of panic, investors can even fear for the energy sector as a whole, anticipating a decline in oil demand due to a recession.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator HESM (HESM)
Hess Midstream, which owns infrastructure for Hess Corp, provides relatively stable cash flow from oil and gas transportation. A HESM above 70 may reflect confidence in payment stability or volume growth. A level below 30 may reflect concerns about Hess Corp's plans or falling energy prices.
RSI 14 Market Segment - Energy logist
Hess Midstream owns and operates critical infrastructure (pipelines, processing) in the Bakken shale formation, primarily serving Hess Corporation. This indicator measures the overall sentiment in the energy logistics sector. It helps investors distinguish between HESM movements related to production volumes and the overall "overbought" trend in the midstream industry.
RSI 14 for the overall market
Hess Midstream operates pipelines and storage facilitiesโthe "middle link" of the energy industry. Unlike volatile oil prices, HESM's business is built on long-term contracts. Investors often view these companies as a safe haven during periods of market turmoil, which can be tracked by this indicator, seeking stable cash flow.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast HESM (HESM)
Hess Midstream (HESM) is a midstream partnership created to serve its parent company, Hess (now part of Chevron). They own pipelines and processing plants in the key Bakken Basin. This chart shows the average 12-month target from analysts. It reflects their expectations for Hess's production volumes and cash flow stability, protected by long-term contracts.
The difference between the consensus estimate and the actual stock price HESM (HESM)
Hess Midstream (HESM) owns and operates critical infrastructure (pipelines, processing) for Hess Corporation in the Bakken Basin. Their business is built on long-term contracts. This chart shows the gap between the price and the consensus forecast, reflecting whether analysts see upside potential in their stable, cash-generating model.
Analyst consensus forecast for stock prices by market segment - Energy logist
Hess Midstream (HESM) is a multilateral production line (MLP) company that owns the infrastructure (pipes, processing) that supports Hess Corporation's production in the Bakken, North Dakota. This chart shows analysts' overall expectations for the energy logistics sector. It reflects whether experts believe production in this region is stable.
Analysts' consensus forecast for the overall market share price
Hess Midstream (HESM) is a midstream company (pipelines) primarily serving Hess Corporation (and Chevron) in the Bakken field. Their fate is tied to production in this region. Market expectations, visible on this chart, influence the oil price. If the price falls (due to a downturn), drilling in the Bakken slows, which hurts HESM.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index HESM
Hess Midstream (HESM) is a midstream company primarily serving its sponsor, Hess Corporation, in the prolific Bakken shale play. They own pipelines and processing facilities. This chart reflects the stability of their model. Their revenues are protected by long-term, fixed-fee contracts, making them a proxy for production volumes rather than oil prices.
AKIMA Market Segment Index - Energy logist
Hess Midstream (HESM) is a midstream service company (MLP) that owns pipelines and infrastructure in the Bakken Basin (North Dakota) to serve its parent producer, Hess Corp (which is being acquired by Chevron). This comprehensive index evaluates companies. The chart shows the sector average. This benchmark: how does HESM's Hess-dependent model differentiate it from the average competitor?
The AKIM Index for the overall market
Hess Midstream is an MLP (infrastructure) created to service Hess Corp. (now part of Chevron) in the Bakken Basin. The company owns the pipelines. This chart, which reflects the market average, is a backdrop. It helps assess how HESM, a toll road business dependent on production volumes, compares to overall macroeconomic fluctuations.