Hess Midstream Partners Stock Total Asset

HESM Stock  USD 36.78  0.04  0.11%   
Hess Midstream Partners fundamentals help investors to digest information that contributes to Hess Midstream's financial success or failures. It also enables traders to predict the movement of Hess Stock. The fundamental analysis module provides a way to measure Hess Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hess Midstream stock.
Last ReportedProjected for Next Year
Total Assets3.8 B2.9 B
As of the 25th of November 2024, Intangibles To Total Assets is likely to grow to 0.0003, while Total Assets are likely to drop about 2.9 B.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Hess Midstream Partners Company Total Asset Analysis

Hess Midstream's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Hess Midstream Total Asset

    
  3.79 B  
Most of Hess Midstream's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hess Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Hess Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Hess Midstream is extremely important. It helps to project a fair market value of Hess Stock properly, considering its historical fundamentals such as Total Asset. Since Hess Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hess Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hess Midstream's interrelated accounts and indicators.
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

Hess Total Asset Historical Pattern

Today, most investors in Hess Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Hess Midstream's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Hess Midstream total asset as a starting point in their analysis.
   Hess Midstream Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Hess Total Assets

Total Assets

2.89 Billion

At this time, Hess Midstream's Total Assets are very stable compared to the past year.
Based on the latest financial disclosure, Hess Midstream Partners has a Total Asset of 3.79 B. This is 89.33% lower than that of the Oil, Gas & Consumable Fuels sector and 81.82% lower than that of the Energy industry. The total asset for all United States stocks is 87.14% higher than that of the company.

Hess Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hess Midstream's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hess Midstream could also be used in its relative valuation, which is a method of valuing Hess Midstream by comparing valuation metrics of similar companies.
Hess Midstream is currently under evaluation in total asset category among its peers.

Hess Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Hess Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hess Midstream's managers, analysts, and investors.
Environmental
Governance
Social

Hess Midstream Institutional Holders

Institutional Holdings refers to the ownership stake in Hess Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hess Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hess Midstream's value.
Shares
Ci Investments Inc2024-06-30
1.6 M
Clearbridge Advisors, Llc2024-09-30
1.6 M
Citadel Advisors Llc2024-09-30
1.5 M
Ubs Group Ag2024-06-30
1.4 M
Swank Energy Income Advisors, Lp2024-09-30
1.3 M
Yaupon Capital Management Lp2024-09-30
1.2 M
Eagle Global Advisors, Llc2024-09-30
1.2 M
Brookfield Corp2024-09-30
1.1 M
Renaissance Technologies Corp2024-09-30
1.1 M
Alps Advisors Inc2024-09-30
16.4 M
Tortoise Midstream Energy Fund, Inc.2024-09-30
7.5 M

Hess Fundamentals

About Hess Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hess Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hess Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hess Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Hess Midstream Piotroski F Score and Hess Midstream Altman Z Score analysis.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.