$HESM

Hess Midstream earnings beat by $0.05, revenue fell short of estimates

Hess Midstream (HESM) reported Q3 EPS of $0.77, beating estimates by $0.05, but revenue of $410.1M fell short of expectations. The stock is down 21.01% over the past 3 months. InvestingPro rates its financial health as 'good performance'.

Original reporting
Published Oct 30, 2026, 11:11 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 30, 2026, 11:24 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefEarnings
Primary signal
$HESM
Bullish
high confidence
Mentioned
$HESM
Relevance
8/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$HESMBullishMed
01

Why it matters

Earnings beat on EPS suggests short-term upside, but revenue miss may temper enthusiasm.

02

Market read

The earnings release provides fresh data for traders focusing on energy infrastructure stocks.

03

What to watch

Potential impact of upcoming commodity price trends on future earnings.

Relevance 8/10Novelty 8/10Timing: post-market release

Background

Hess Midstream is a mid-cap midstream energy company listed on NYSE.

Company-level read

Ticker impact

$HESMBullishHigh confidence
Context

Hess Midstream reported Q3 EPS $0.77 beating estimate by $0.05 and revenue $410.1M vs $411.28M estimate.

Expected impact

likely modest upward pressure as market prices in the earnings beat

Evidence & confidence

Beat on earnings per share with revenue near expectations typically lifts sentiment for mid-cap energy infrastructure stocks.

Market effects

Energy midstream sector may see slight rally on positive earnings data.

U.S. energy infrastructure stocks could benefit.

Limited to U.S. markets.

Counterpoint

Beat may be modest; revenue miss could weigh on price.

Key entities

  • Hess Midstream

    Midstream energy infrastructure firm reporting Q3 results.

Related articles

$HESMMedAI 8/10

Here's What Key Metrics Tell Us About Hess Midstream Partners (HESM) Q3 Earnings

Hess Midstream Partners (HESM) reported Q3 throughput volumes and revenue. Gas gathering was 438.00 MMcf/d, below the 441.67 MMcf/d estimate. Crude oil gathering was 107.00 MBbl/d, below the 113.41 MBbl/d estimate. Water gathering was 131.00 MBbl/d, above the 128.89 MBbl/d estimate. Revenue from gathering was $217.8 million, slightly above the $207.59 million estimate, down 4.2% YoY. Terminaling and Export revenue was $39.2 million, above the $37.9 million estimate, up 15.3% YoY.

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Hess Midstream beats profit view but revenue slips slightly

Hess Midstream LP (HESM) reported Q3 adjusted earnings of $0.77 per Class A share, beating estimates. Revenue was $410.1M, slightly below expectations. Net income was $179.1M, up from $0.75 per share in Q3 2025. Revenue declined 3% YoY due to lower throughput volumes. The company increased its quarterly cash distribution and reiterated its full-year guidance.

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Hess Midstream Reports $179.1 Million Third-Quarter Net Income

Hess Midstream reported Q3 2026 net income of $179.1M, up from $175.5M a year earlier. Revenue was $410.1M, with adjusted EBITDA at $319.9M. Throughput volumes declined, but capital expenditures decreased. The company reiterated 2026 guidance and expects a transaction to close by year-end, adding DJ Basin assets.

$HESMMedAI 8/10

HESS MIDSTREAM LP REPORTS ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2026

Hess Midstream LP (HESM) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 HESS MIDSTREAM LP HESS MIDSTREAM LP REPORTS ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2026 Third Quarter 2026 Highlights: • Net income was $179.1 million. Net cash provided by operating activities was $267.9 million. • Net income attributable to Hess Midstream LP wa

$HESMMed

A quarterly cash payout rises to 79.85 cents per share at Hess Midstream.

Hess Midstream LP reported Q3 2026 net income of $179.1M and adjusted EBITDA of $319.9M. The company increased its quarterly cash distribution to $0.7985 per Class A share, up from the previous quarter. Hess Midstream expects to close a transaction by year-end, expanding its asset base and diversifying its operations. The company reiterated its full-year 2026 guidance, targeting annual distribution growth of at least 5%.