Summary
Hess Midstream: The Issue Remains With Chevron
Hess Midstream stock remains stagnant due to uncertainty around Chevron's Bakken acreage strategy. Chevron is evaluating the profitability of the Bakken assets; until a clear, positive outcome emerges, HESM's long-term value remains uncertain. Second quarter results showed slightly lower EBITDA and net income, but free cash flow improved due to reduced capital expenditures.
Hess Midstream: It Passed The Test The Bears Said It Would Fail
Hess Midstream (HESM) remains a compelling Buy, offering a 7.93% forward yield and the sector's cheapest EV/EBITDA multiple. Q2 2026 saw earnings and free cash flow growth, margin expansion to 85%, and another distribution increase, reaffirming robust income stability. Management reaffirmed full-year guidance, targets 5% annual distribution growth through 2028, and is on track to reduce leverage to 2.5x by 2028.
“I Think You Have a Winner” Cramer Excited About Hess Midstream's 7% Dividend Yield
Brian, a caller from Pennsylvania, phoned in to Mad Money on August 13, 2026 with a stock his son had been researching.
Hess Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| NA Nizar Araji National Bank Of Canada /FI/ | 1,917 | $306,202.41 | $285,575.49 | -$20,626.92 | -6.74% |
| MWH Michael W. Hazelwood ARVEST INVESTMENTS Inc. | 9,760 | $1.41M | $1.45M | $46,946.2 | 3.34% |
| RB Richard Britnell Guardian Capita LLP | 79,190 | $5.42M | $11.8M | $6.38M | 117.68% |
| JM John Malone Amundi | 1.86M | $260.01M | $276.71M | $16.7M | 6.42% |
| MC Mike Clark Cassady Schiller Wealth Management LLC | 955 | $135,438.1 | $142,266.35 | $6,828.25 | 5.04% |
Hess Corporation (HES) FAQ
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Hess Corporation Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | John B. Hess CEO | NYSE Exchange | 42809H107 CUSIP |
| US Country | 1,797 Employees | - Last Dividend | 11 Jun 1979 Last Split | 6 Apr 1983 IPO Date |
Overview
Hess Corporation stands as a prominent exploration and production company, with a focus on discovering, developing, producing, purchasing, transporting, and selling crude oil, natural gas liquids (NGLs), and natural gas. With its operations segmented into Exploration and Production, and Midstream, Hess Corporation strategically manages its production primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. Additionally, its exploration efforts are notably active offshore in regions such as Guyana, the U.S. Gulf of Mexico, Suriname, and Canada. Headquartered in New York, New York, since its incorporation in 1920, Hess Corporation has continually evolved to meet the energy sector's demands through innovation and strategic planning, positioning itself as a key player in the global energy market.
Products and Services
- Crude Oil and Natural Gas Production
- Natural Gas Liquids (NGLs)
- Transportation and Logistics Services
- Midstream Operations
- Water Handling and Environmental Services
Hess Corporation specializes in the exploration and production of vital resources, including crude oil and natural gas. By employing advanced technologies and methodologies, the company ensures the efficient extraction and production of these energy commodities, catering to the global demand.
The company also plays a significant role in the production and sale of NGLs. These hydrocarbons are crucial for a variety of industrial processes and energy production methods, highlighting Hess Corporation’s contribution to the broader energy and chemicals market.
Hess Corporation offers comprehensive transportation and logistics services to facilitate the movement of crude oil, NGLs, and natural gas. This includes gathering, compressing, and processing natural gas; fractionating NGLs; and providing efficient transport solutions, such as rail car loading and transporting, ensuring that these commodities reach their respective markets securely and efficiently.
In addition to upstream activities, Hess Corporation is actively involved in midstream operations, encompassing the gathering, terminaling, loading, and transporting of crude oil and NGLs. The company’s midstream segment also includes activities such as propane storage and terminaling, demonstrating a versatile approach towards handling a broad spectrum of hydrocarbon products.
Hess Corporation extends its services to include water handling, particularly aimed at supporting operations in the Bakken Shale plays in the Williston Basin area of North Dakota. These services underline the company’s commitment to environmental stewardship and the sustainable management of natural resources.
