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Hess Midstream LP (HESM)

For the quarter ending 2025-06-30, HESM made $414.2M in revenue. $90.3M in net income. Net profit margin of 21.80%.

Overview

Revenue
$414.2M
Net Income
$90.3M
Net Profit Margin
21.80%
Unit: Million (M) dollars
Revenue Breakdown
    • Revenues-Affiliate Services
    • Revenues-Third Party Services
    • Other income

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
Total revenues414.2 382 378.5
Operating and maintenance expenses (exclusive of depreciation shown separately below)94.1 85.6 89
General and administrative expenses8.1 7.5 6.3
Depreciation expense51.8 51.5 51.5
Total operating costs and expenses154 144.6 146.8
Income from operations260.2 237.4 231.7
Interest expense, net-55.4 -56.4 -51.8
Income from equity investments4 3.4 3.7
Income before income tax expense208.8 184.4 183.6
Income tax expense29.1 23 18.9
Net income179.7 161.4 164.7
Less net income attributable to noncontrolling interest89.4 89.8 106.1
Net income attributable to hess midstream lp90.3 71.6 58.6
Basic average shares- 110,700,000 93,000,000
Diluted average shares- 110,800,000 93,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Other income$0.7M Revenues-Affiliate Services$405.3M Revenues-Third Party Services$8.2M Total revenues$414.2M Income from equityinvestments$4M Income from operations$260.2M Total operating costsand expenses$154M Income before incometax expense$208.8M Interest expense, net-$55.4M Depreciation expense$51.8M General andadministrative expenses$8.1M Operating and maintenanceexpenses (exclusive of...$94.1M Net income$179.7M Income tax expense$29.1M Net incomeattributable to hess...$90.3M Less net incomeattributable to...$89.4M