Hess Corporation (HES)
NYSE NYSE Primary 
Undercovered Dozen: Hess Midstream, Iovance Biotherapeutics, Netlist, And More
The Undercovered Dozen highlights 12 lesser-covered stocks from the past week on Seeking Alpha. This curated series aims to spark investment ideas and community discussion around overlooked equities. Articles span a range of companies, encouraging investors to explore fresh opportunities beyond mainstream coverage.
Hess Midstream Stock Plunges, but the Chevron Deal Has a Silver Lining
Hess Midstream's deal with Chevron means lower earnings but also longer contracts, fewer shares outstanding, and expansion into a second region.
Hess Midstream Partners Goes Public-Only, Buys Chevron's DJ Basin Assets
Hess Midstream Partners NYSE: HESM said it has entered a definitive agreement with Chevron to become an independent, publicly owned multi-basin midstream company, expanding beyond its Bakken operations through the acquisition of Chevron's DJ Basin midstream assets.
Hess Midstream shares fall 16% after Chevron agrees to transfer stake and assets
Hess Midstream (NYSE:HESM) shares fell over 16% to $32.25 on Wednesday morning after Chevron agreed to transfer its ownership interests in the midstream company and DJ Basin crude oil assets in exchange for revised Bakken terms, with the company forecasting 2027 Adjusted EBITDA of $850 million to $950 million. The agreements will extend Chevron's Bakken midstream contracts and are expected to reduce its unit midstream costs by about 50%, improving its cost structure and return on capital employed.
Hess Midstream: Higher Oil Prices Enhance Long-Term Sustainability
Hess Midstream remains a strong buy, offering a secure 7.9% yield and robust distribution growth, underpinned by long-term minimum volume commitments with Chevron. HESM's fee-based revenue model, protected by contracts through 2033, insulates cash flow from oil price volatility and supports at least 5% annual distribution growth through 2028. Leverage is healthy at 3.1x, with a path to 2.5x by 2028, enabling debt reduction, buybacks, and optionality for M&A or further capital returns.
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 Midstream Partners Q2 Earnings Call Highlights
Hess Midstream Partners NYSE: HESM reported higher second-quarter net income and adjusted EBITDA, supported by lower operating expenses and general and administrative savings, while reaffirming its full-year financial outlook and plans for shareholder returns and debt reduction.
Exxon's Next Move: Permian Expansion or Deepwater Dive After Hess Loss?
Key Points in This Article: Exxon Mobil's (XOM) Q2 earnings beat expectations despite a profit decline due to lower oil prices, highlighting its resilience through record production.
Hess and a U.K. nuclear plant show what $50 billion gets in the energy market
For nearly the same price, nuclear will generate far more power — and a lot more headaches.
Strength Seen in Hess (HES): Can Its 4.8% Jump Turn into More Strength?
Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
