Hess Midstream Partners (NYSE:HESM) is preparing to announce its earnings for the third quarter of 2025 on Monday, November 3, before the market opens. Analysts anticipate that the company will report earnings of $0.61 per share and revenue reaching $424.36 million. The earnings call is scheduled for 10:00 AM ET, and interested parties can find further details on the company’s earnings overview page.
In its previous earnings report, released on July 30, Hess Midstream Partners exceeded expectations by posting earnings of $0.74 per share, surpassing the consensus estimate of $0.56 by $0.18. The company recorded a net margin of 18.52% and a return on equity of 60.37%. Revenue for that quarter was $414.20 million, which was above analyst estimates of $405.08 million, marking a 13.3% increase compared to the same quarter in the previous year.
Stock Performance and Dividend Increase
Shares of Hess Midstream Partners opened at $34.02 on Friday. The stock has a 50-day moving average of $36.34 and a 200-day moving average of $38.07. The firm maintains a debt-to-equity ratio of 7.26, and both its quick and current ratios stand at 0.71. Over the past year, the stock has seen a low of $31.63 and a high of $44.14, with a market capitalization of $7.15 billion, a price-to-earnings ratio of 12.60, and a beta of 0.58.
In addition to its earnings report, Hess Midstream recently announced a quarterly dividend of $0.7548 per share, which will be paid on November 14. This marks an increase from the previous quarterly dividend of $0.74. Shareholders of record on November 6 will be eligible for the dividend, which translates to an annualized yield of 8.9% based on a total dividend payout of $3.02. The company’s current dividend payout ratio stands at 109.26%.
Analyst Ratings and Institutional Activity
Several research firms have recently updated their ratings on Hess Midstream Partners. The Goldman Sachs Group initiated coverage with a “neutral” rating and a target price of $36.00. Raymond James Financial reiterated an “outperform” rating but adjusted its target price down to $35.00 from $48.00. Citigroup also lowered its price target from $41.00 to $37.00 with a “neutral” rating, while Wells Fargo & Company downgraded the stock from “equal weight” to “reduce.” Morgan Stanley began coverage with an “equal weight” rating and set a price objective of $48.00.
Currently, two analysts have rated the stock as a Buy, five have issued Hold ratings, and two have given it a Sell rating. According to MarketBeat, Hess Midstream has an average rating of “Hold” and an average target price of $40.57.
In other news, Chief Operating Officer John A. Gatling sold 62,457 shares of the company on August 12 for a total of approximately $2.6 million. This transaction was disclosed in a filing with the Securities and Exchange Commission.
Institutional trading remains robust, with California State Teachers Retirement System increasing its stake in Hess Midstream Partners by 13.4% during the second quarter. The system now holds 112,680 shares valued at $4.34 million. Evergreen Capital Management LLC significantly boosted its stake by 611.9%, acquiring an additional 102,550 shares. Other institutional investors, including Royal Bank of Canada and Cubist Systematic Strategies LLC, have also increased their holdings in the company.
Hess Midstream Partners operates in the midstream sector, owning and managing assets that provide fee-based services to both Hess and third-party customers across the United States. The company focuses on three main segments: Gathering; Processing and Storage; and Terminaling and Export, making it a key player in the energy landscape.