Hess Net Debt from 2010 to 2024

HESM Stock  USD 36.82  0.75  2.08%   
Hess Midstream Net Debt yearly trend continues to be very stable with very little volatility. Net Debt is likely to drop to about 1.7 B. Net Debt is the total debt of Hess Midstream Partners minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals
 
Net Debt  
First Reported
2013-12-31
Previous Quarter
3.4 B
Current Value
3.5 B
Quarterly Volatility
1.3 B
 
Yuan Drop
 
Covid
Check Hess Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.4 M, Interest Expense of 187.9 M or Selling General Administrative of 19.9 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0681 or PTB Ratio of 4.96. Hess financial statements analysis is a perfect complement when working with Hess Midstream Valuation or Volatility modules.
  
Check out the analysis of Hess Midstream Correlation against competitors.

Latest Hess Midstream's Net Debt Growth Pattern

Below is the plot of the Net Debt of Hess Midstream Partners over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Hess Midstream's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess Midstream's overall financial position and show how it may be relating to other accounts over time.
Net Debt10 Years Trend
Slightly volatile
   Net Debt   
       Timeline  

Hess Net Debt Regression Statistics

Arithmetic Mean1,190,190,600
Coefficient Of Variation91.24
Mean Deviation914,815,387
Median871,800,000
Standard Deviation1,085,895,629
Sample Variance1179169.3T
Range3.3B
R-Value0.76
Mean Square Error527194.3T
R-Squared0.58
Significance0.0009
Slope185,692,189
Total Sum of Squares16508370.4T

Hess Net Debt History

20241.7 B
20233.2 B
20222.9 B
20212.6 B
20201.9 B
20191.8 B
2018871.8 M

Other Fundumenentals of Hess Midstream Partners

Hess Midstream Net Debt component correlations

0.280.680.160.960.690.9-0.06-0.08-0.93-0.930.030.980.790.76-0.770.780.71
0.28-0.390.330.11-0.370.470.290.04-0.5-0.490.490.24-0.19-0.330.21-0.33-0.32
0.68-0.39-0.330.810.920.59-0.490.02-0.38-0.39-0.50.690.830.95-0.820.930.78
0.160.33-0.330.01-0.2-0.080.92-0.14-0.39-0.380.940.17-0.14-0.150.13-0.15-0.17
0.960.110.810.010.780.87-0.16-0.09-0.82-0.83-0.110.950.810.87-0.790.860.75
0.69-0.370.92-0.20.780.57-0.390.18-0.46-0.47-0.360.710.820.93-0.880.880.82
0.90.470.59-0.080.870.57-0.290.05-0.83-0.83-0.120.870.680.61-0.680.590.51
-0.060.29-0.490.92-0.16-0.39-0.29-0.22-0.19-0.180.95-0.06-0.41-0.310.42-0.33-0.34
-0.080.040.02-0.14-0.090.180.05-0.220.10.1-0.11-0.01-0.130.02-0.05-0.08-0.12
-0.93-0.5-0.38-0.39-0.82-0.46-0.83-0.190.11.0-0.3-0.92-0.61-0.540.61-0.56-0.56
-0.93-0.49-0.39-0.38-0.83-0.47-0.83-0.180.11.0-0.29-0.93-0.62-0.550.62-0.57-0.57
0.030.49-0.50.94-0.11-0.36-0.120.95-0.11-0.3-0.290.02-0.37-0.330.34-0.37-0.37
0.980.240.690.170.950.710.87-0.06-0.01-0.92-0.930.020.820.8-0.810.810.73
0.79-0.190.83-0.140.810.820.68-0.41-0.13-0.61-0.62-0.370.820.84-0.960.910.87
0.76-0.330.95-0.150.870.930.61-0.310.02-0.54-0.55-0.330.80.84-0.840.960.82
-0.770.21-0.820.13-0.79-0.88-0.680.42-0.050.610.620.34-0.81-0.96-0.84-0.88-0.87
0.78-0.330.93-0.150.860.880.59-0.33-0.08-0.56-0.57-0.370.810.910.96-0.880.9
0.71-0.320.78-0.170.750.820.51-0.34-0.12-0.56-0.57-0.370.730.870.82-0.870.9
Click cells to compare fundamentals

About Hess Midstream Financial Statements

Hess Midstream investors utilize fundamental indicators, such as Net Debt, to predict how Hess Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt3.2 B1.7 B
Net Debt To EBITDA 3.15  3.31 

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Midstream Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.115
Dividend Share
2.638
Earnings Share
2.36
Revenue Per Share
18.19
Quarterly Revenue Growth
0.042
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.