OakChart

Hess Midstream LP

HESMEnergy·Oil & Gas Midstream·USA·Mid·NYSE·Nov 11 • 3:30 PM ET

30.69+0.23 (0.76%)
2026-11-11 21:31 CET
Market cap
3,909.57 USD m
Revenue, TTM
1,603.40 USD m
Net income, TTM
376.70 USD m
Free cash flow, TTM
901.10 USD m
EPS diluted, TTM
2.92
P/E
10.50
Compare

Price

HESM against its 20, 50 and 200-day averages
2050200beat
30.0035.0040.006.0M11.9MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26HESMclose 30.6920-day 31.1150-day 35.15200-day 37.8230.6952w high52w low

25.9% under the 52-week high of 41.44 on 3 Aug 2026. 52-week low 29.52 on 22 Oct 2026. Last 15 sessions, 13.3% high to low

Volume 0.30× normal · the line is the 50-bar volume average

Profile

HESM
52-week range, 10% of the way up
29.5241.44

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. It operates through the following segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment consists of natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. The Processing and Storage segment includes the Tioga gas plant, equity investment in the Little Missouri (LM4) joint venture, and mentor storage terminal. The Terminaling and Export segment focuses on the Ramberg terminal facility, Tioga rail terminal, crude oil rail cars, and Johnson's corner header system. The company was founded in 2014 and is headquartered in Houston, TX.

Employees195
IPOApr 05, 2017
Beta0.66
ATR, 14d0.98
Rel volume0.30
Short float13.69%
Insider own0.49%
Inst own91.98%

Snapshot

6 groups

Valuation

Index-
Market Cap6.33B
Enterprise Value9.82B
Income376.70M
Sales1.60B
Book/sh4.00
Cash/sh0.00
Dividend Est.3.17 (10.34%)
Dividend TTM3.13 (10.20%)
Dividend Ex-DateNov 05, 2026
Dividend Gr. 3/5Y9.98% 10.88%
Payout101.26%
Employees195
IPOApr 05, 2017

Ratios

P/E10.50
Forward P/E11.09
PEG-
P/S3.95
P/B7.68
P/C6327.61
P/FCF7.02
EV/EBITDA8.00
EV/Sales6.12
Quick Ratio0.25
Current Ratio0.25
Debt/Eq7.02
LT Debt/Eq6.01
Option/ShortYes / Yes

Earnings

EPS (ttm)2.92
EPS next Y2.77
EPS next Q0.90
EPS this Y9.25%
EPS next Y-11.43%
EPS next 5Y-1.42%
EPS past 3/5Y12.26% 16.67%
Sales past 3/5Y8.33% 8.23%
EPS Y/Y TTM3.90%
Sales Y/Y TTM-0.60%
EPS Q/Q3.24%
Sales Q/Q-2.57%
EarningsOct 30 BMO
EPS/Sales Surpr.7.53% 1.34%

Ownership

Insider Own0.49%
Insider Trans0.00%
Inst Own91.98%
Inst Trans2.01%
ROA8.72%
ROE69.42%
ROIC10.49%
Gross Margin64.26%
Oper. Margin62.70%
Profit Margin23.49%
SMA20-1.35%
SMA50-12.69%
SMA200-18.85%
Trades-

Technical

Shs Outstand128.35M
Shs Float127.72M
Short Float13.69%
Short Ratio8.19
Short Interest17.49M
52W High41.44 -25.94%
52W Low29.52 3.96%
Volatility3.26% 2.88%
ATR (14)0.98
RSI (14)38.21
Beta0.66
Rel Volume0.30
Avg Volume2.13M
Volume585,233

Performance

Perf Week-3.49%
Perf Month-1.63%
Perf Quarter-22.85%
Perf Half Y-20.94%
Perf YTD-11.04%
Perf Year-9.47%
Perf 3Y3.65%
Perf 5Y21.02%
Perf 10Y-
Recom3.71
Target Price32.57
Prev Close30.46
Price30.69
Change %0.76%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 23, 2026UpgradeRRaymond JamesMkt Perform → Outperform$32+4.3%
Oct 02, 2026DowngradeJJP MorganNeutral → Underweight$39+27.1%
Jun 10, 2026DowngradeMMorgan StanleyEqual-Weight → Underweight$38+23.8%
Apr 20, 2026DowngradeGGoldmanNeutral → Sell$32+4.3%
Jan 05, 2026DowngradeRRaymond JamesOutperform → Mkt Perform
Sep 30, 2025ResumedGGoldmanNeutral$36+17.3%
Sep 19, 2025DowngradeWWells FargoOverweight → Equal Weight$39+27.1%
Sep 10, 2025DowngradeUUBSBuy → Neutral$43+40.1%
Jul 25, 2025UpgradeWWells FargoEqual Weight → Overweight$47+53.1%
Jul 25, 2025ResumedMMorgan StanleyEqual-Weight$48+56.4%

Peers

Mkt cap
TickerCompanyMkt cap
WESWestern Midstream Partners LP17.02B
AMAntero Midstream Corp9.42B
OKEOneok Inc55.50B
KNTKKinetik Holdings Inc8.79B
MPLXMPLX LP57.35B
DTMDT Midstream Inc12.10B
TRGPTarga Resources Corp62.08B
PAAPlains All American Pipeline LP16.96B
ETEnergy Transfer LP66.80B
EPDEnterprise Products Partners L P80.36B

Insider trading

5 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Stein Jonathan C.Chief Executive OfficerMar 08 '26Option Exercise0.002,066062,011Mar 10 06:54 PM
REDDY J PATRICKDirectorMar 08 '26Option Exercise0.001,612024,437Mar 10 06:10 PM
Letwin Stephen J JDirectorMar 08 '26Option Exercise0.001,612032,423Mar 10 06:09 PM
Bast Michael ScottPresident and COOMar 08 '26Option Exercise0.003,44503,593Mar 10 06:00 PM
NIEMIEC DAVID WDirectorMar 08 '26Option Exercise0.001,612050,527Mar 10 05:57 PM

Held by

AUM
TickerCompanyAUM
AMLPAlerian MLP ETFAUM: 12.25B
MLPAGlobal X MLP ETFAUM: 2.25B
BKGIBNY Mellon Global Infrastructure Income ETFAUM: 1.97B
MLPXGlobal X MLP & Energy Infrastructure ETFAUM: 3.53B
ATMPiPath Select MLP ETNAUM: 646.54M
VDEVanguard Energy ETFAUM: 10.46B
FCGFirst Trust Natural Gas ETFAUM: 609.13M
AMZAInfraCap MLP ETF 1.25x SharesAUM: 450.82M
MLPINEOS MLP & Energy Infrastructure High Income ETFAUM: 905.93M
AVLVAvantis U.S. Large Cap Value ETFAUM: 22.90B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-300.7700.7160.770410.1404.677
2026Q22026-08-030.7500.6720.751399395.967
2026Q12026-05-040.6800.6670.678390.1389.517
2025Q42026-02-020.7200.7160.721404.2416.447
2025Q32025-11-030.7500.7310.750420.9417.927
2025Q22025-07-300.7400.6540.741414.2405.136
2025Q12025-04-300.6500.6180.646382381.627
2024Q42025-01-290.6800.6760.676395.9390.877
2024Q32024-10-300.6300.6570.630378.5376.987
2024Q22024-07-310.5900.6340.591365.5365.166
2024Q12024-04-250.5900.6380.593355.6354.256
2023Q42024-01-310.5500.6270.548356.5358.867
2023Q32023-10-250.5700.5760.565363.1342.497
2023Q22023-07-260.5000.4790.500324322.436
2023Q12023-04-260.4700.5120.469305311.795
2022Q42023-01-250.4900.5440.494314.6327.865

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY1.2001.3213.706848.3688.84
2020FY1.3101.3491.3261,0921,094
2021FY1.7601.8841.8051,2041,193
2022FY2.0102.0582.0271,2751,289
2023FY2.0802.0882.1071,3491,353
2024FY2.4902.4132.5071,4961,490
2025FY2.8602.7672.8601,6211,634
2026FY-3.125--1,604
2027FY-2.767--1,292
2028FY-2.740--1,304
2029FY-2.890---
2030FY-2.810---

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-02412408.26399.39420.06
2026Q4S2026-10-30403406.62398.21420.06
2026Q4S2026-10-27403406.62398.21420.06
2026Q4S2026-10-22413406.62398.21420.06
2026Q4S2026-10-17412410.53403.68420.06
2026Q4S2026-10-12413410.53403.68420.06
2026Q4S2026-10-09412411.62404.53420.06
2026Q4S2026-09-26412413.32408.04420.06
2026Q4S2026-08-14422413.32408.04420.06
2026Q4S2026-08-13421414.49408.04420.06
2026Q4S2026-08-07411413.13408.04415.99
2026Q4S2026-08-03401412.52405.62415.99
2026Q4S2026-07-29400413.91405.62419.44
2026Q4S2026-07-19410413.91405.62419.44

Estimate history

EPS, annual0.7511.2633.7061.3261.8052.0272.1072.5072.8672.924
Period201720182019202020212022202320242025TTM
EPS, quarterly0.630.6760.6460.7410.750.7210.6780.7510.774
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual565.8712.7848.31091.91203.81275.21348.61495.51621.31603.4
Period201720182019202020212022202320242025TTM
Sales, quarterly378.5395.9382414.2420.9404.2390.1399410.1
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual54.55954.57717.96118.02833.67244.00368.368104.087129.403128.351
Period201720182019202020212022202320242025MRQ
Shares, quarterly104.071104.087116.779131.085129.378129.403128.351128.351128.351
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue1,603.401,621.301,495.501,348.601,275.201,203.801,091.90848.30712.70
Cost of Goods Sold Incl. D&A573.10584.70550.40505.50460.90453.90494.30419.30320.40
Gross Profit1,030.301,036.60945.10843.10814.30749.90597.60429.00392.30
Selling, General and Administrative Excl. Other25.0028.5026.1026.2023.1022.7021.1026.2014.10
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income1,005.301,008.10919.00816.90791.20727.20576.50402.80378.20
Interest Expense220.20225.60202.20179.00149.30105.4094.7062.4053.30
Unusual Expense0.000.000.000.000.000.000.0026.20-
Net Income Before Taxes800.10798.40730.80645.60647.20632.40492.20317.60325.50
Income Taxes121.60113.8071.8037.9026.6014.607.30-0.100.00
Consolidated Net Income678.50684.60659.00607.70620.60617.80484.90372.70372.30
Net Income From Continuing Operations376.70352.90223.10118.6083.9046.4024.0066.7069.10
Net Income376.70352.90223.10118.6083.9046.4024.0066.7069.10
EPS (Recurring)2.932.872.512.112.031.811.334.721.26
EPS (Basic, Before Extraordinaries)2.922.872.512.112.031.811.333.711.27
EPS (Diluted)2.922.872.512.112.031.811.333.711.26
EBITDA1,227.501,222.201,122.101,009.40972.50892.80733.40545.30505.10
Non-Operating Income (Expense)15.0015.9014.007.705.3010.6010.403.400.60
Other After Tax Adjustments0.000.000.000.000.000.000.0055.0046.80
Stock Option Compensation Expense0.471.261.421.341.261.021.091.092.70
Price To Earnings Ratio10.4210.4215.6815.5914.6715.4714.7612.5513.44
Price To Sales Ratio2.992.622.201.320.970.590.320.481.30
Gross Margin64.2663.9463.2062.5263.8662.2954.7350.5755.04
Operating Margin62.7062.1861.4560.5762.0560.4152.8047.4853.07
Net Margin23.4921.7714.928.796.583.852.207.869.70
Shares Outstanding128.35129.40104.0968.3744.0033.6718.0317.9654.58
Market Capitalization3,909.573,909.573,853.752,162.181,316.56930.12352.811,238.89926.71

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue410.10399.00390.10404.20420.90414.20382.00395.90
Cost of Goods Sold Incl. D&A141.70140.30144.10147.00154.70145.90137.10144.00
Gross Profit268.40258.70246.00257.20266.20268.30244.90251.90
Selling, General and Administrative Excl. Other6.005.507.905.607.308.107.508.90
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income262.40253.20238.10251.60258.90260.20237.40243.00
Interest Expense53.6054.5055.4056.7057.1055.4056.4052.20
Unusual Expense0.000.000.000.000.000.000.000.00
Net Income Before Taxes211.20204.80185.90198.20207.00208.80184.40194.70
Income Taxes32.1031.1028.2030.2031.5029.1023.0022.60
Consolidated Net Income179.10173.70157.70168.00175.50179.70161.40172.10
Net Income From Continuing Operations99.4096.4087.6093.3097.7090.3071.6070.40
Net Income99.4096.4087.6093.3097.7090.3071.6070.40
EPS (Recurring)0.770.750.680.720.750.740.650.68
EPS (Basic, Before Extraordinaries)0.770.750.680.720.750.740.650.68
EPS (Diluted)0.770.750.680.720.750.740.650.68
EBITDA317.50307.60296.60305.80315.50312.00288.90294.30
Non-Operating Income (Expense)2.406.103.203.305.204.003.403.90
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense0.080.080.160.160.630.240.240.55
Price To Earnings Ratio10.4213.0113.6012.2612.8215.1416.9815.68
Price To Sales Ratio2.992.993.082.752.792.993.082.58
Gross Margin65.4564.8463.0663.6363.2564.7864.1163.63
Operating Margin63.9863.4661.0462.2561.5162.8262.1561.38
Net Margin24.2424.1622.4623.0823.2121.8018.7417.78
Shares Outstanding128.35128.35128.35129.40129.38131.08116.78104.09
Market Capitalization3,909.574,826.005,029.894,464.024,528.994,486.844,936.813,853.75

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments1.904.305.403.102.202.603.30109.3047.20
Short Term Receivables150.20138.90124.40123.00120.3093.2087.9067.8059.80
Inventories0.000.000.000.000.000.000.000.000.00
Other Current Assets6.906.207.006.2010.605.604.703.304.40
Total Current Assets159.00149.40136.80132.30133.10101.4095.90180.40111.40
Net Property, Plant & Equipment3,369.803,325.403,229.203,172.803,125.003,111.303,010.902,735.302,520.50
Total Investments and Advances81.5087.0090.2093.90101.60108.40107.8067.300.00
Long-Term Note Receivable0.000.200.300.700.800.901.201.30-
Intangible Assets------0.000.000.00
Deferred Tax Assets773.90582.60324.40177.20117.3042.8049.800.00-
Other Assets4.106.408.6011.307.8010.0012.106.903.20
Total Assets4,388.304,151.003,789.503,588.203,485.603,374.803,277.702,991.202,635.10
Short Term Debt Incl. Current Port. of LT Debt32.5022.5012.502.5020.0010.000.2011.300.00
Accounts Payable51.8089.4079.7062.7064.5051.0078.5034.4034.70
Other Current Liabilities103.50107.40118.0094.3086.4064.0097.4092.4039.70
Total Current Liabilities187.80219.30210.20159.50170.90125.00176.10138.1074.40
Long Term Debt3,739.503,449.403,198.902,883.102,543.501,900.101,754.10969.800.00
Provision for Risks Charges0.901.405.3015.1014.1015.902.102.00-
Deferred Tax Liabilities0.500.500.500.500.400.30---
Other Liabilities21.7015.1011.401.003.607.5013.305.205.40
Total Liabilities3,950.403,685.703,426.303,059.202,732.502,048.801,945.601,115.1079.80
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00-
Common Equity568.30530.70340.20245.10204.10125.00131.50-332.90506.00
Total Shareholders Equity568.30530.70340.20245.10204.10125.00131.50-332.90506.00
Accumulated Minority Interest-130.40-65.4023.00283.90549.001,201.001,200.602,209.002,049.30
Total Equity437.90465.30363.20529.00753.101,326.001,332.101,876.102,555.30
Total Liabilities & Stockholders Equity4,388.304,151.003,789.503,588.203,485.603,374.803,277.702,991.202,635.10
Book Value Per Share4.395.104.985.576.066.937.32-6.109.27
Tangible Book Value Per Share4.395.104.985.576.066.937.32-6.109.27
Full-Time Employees195220211199199196176170176
Price to Book Ratio7.627.265.895.314.562.823.101.852.13
Return on Assets8.275.623.222.371.350.722.192.461.55
Return on Equity64.2251.2340.5337.3628.2018.7121.0679.842.94
Return on Invested Capital8.195.613.352.681.691.193.5410.857.98
Quick Ratio0.850.680.650.830.780.810.541.311.50
Current Ratio0.850.680.650.830.780.810.541.311.50

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income678.50684.60659.00607.70620.60617.80484.90317.70325.50
Depreciation222.20214.10203.10192.50181.30165.60156.90142.50126.90
Other Funds (Non Cash)16.9021.2014.6013.8018.1015.506.90-1.703.90
Funds from Operations1,039.101,033.60948.30851.90846.60813.50656.00458.40456.30
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital6.30-49.80-8.0014.5014.50-18.00-14.3012.309.60
Cash from Operating Activities1,045.40983.80940.30866.40861.10795.50641.70470.70465.90
Capital Expenditures-144.30-255.60-306.10-223.50-238.20-163.20-301.10-306.40-241.90
Net Assets From Acquisitions0.000.000.000.000.000.000.00-158.100.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.100.001.60
Purchase or Sale of Investments0.000.000.000.000.000.000.00-33.00-67.30
Purchase of Investments0.000.000.000.000.000.000.00-33.00-67.30
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.000.000.000.00
Cash from Investing Activities-144.30-255.60-306.10-223.50-238.20-163.20-301.00-497.50-307.60
Cash Dividends Paid-397.80-350.20-235.30-127.50-91.00-49.40-31.60-85.40-74.10
Change in Capital Stock-60.00-400.00-300.00-400.00-400.00-750.000.000.000.00
Repurchase of Common Pref Stock-60.00-400.00-300.00-400.00-400.00-750.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-206.00288.00253.00319.50310.70648.40150.70764.10-2.50
Change in Long Term Debt-206.00288.00253.00319.50310.70648.40150.70764.10-2.50
Issuance of Long Term Debt323.001,110.50265.50322.00406.70738.40150.70771.600.00
Reduction of Long Term Debt-529.00-822.50-12.50-2.50-96.00-90.000.00-7.50-2.50
Net Financing Active Other Cash Flow-241.80-268.40-353.00-432.60-441.70-481.70-460.50-757.90-328.10
Other Financing Activities Uses-241.80-268.40-353.00-432.60-441.70-481.70-462.10-757.90-328.10
Cash from Financing Activities-905.60-730.60-635.30-640.60-622.00-632.70-341.40-79.20-404.70
Net Change in Cash-4.50-2.40-1.102.300.90-0.40-0.70-106.00-246.40
Free Cash Flow901.10728.20634.20642.90622.90632.30340.60164.30224.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow9.5311.248.263.462.331.221.155.176.20
Deferred Taxes & Investment Tax Credit-113.7071.6037.9026.6014.607.30-0.100.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1.005.004.601.905.504.50
Short Term Receivables164.40151.30156.20150.20150.50144.00
Inventories0.000.000.000.000.000.00
Other Current Assets4.700.905.006.9012.202.40
Total Current Assets170.10157.20165.80159.00168.20150.90
Net Property, Plant & Equipment3,265.403,298.703,322.103,369.803,376.303,344.70
Total Investments and Advances80.3083.2080.0081.5084.5084.80
Deferred Tax Assets681.40713.50744.60773.90804.00837.30
Other Assets3.404.004.704.104.705.40
Total Assets4,200.604,256.604,317.204,388.304,437.704,423.10
Short Term Debt Incl. Current Port. of LT Debt519.2037.5035.0032.5030.0027.50
Accounts Payable49.1060.9053.1051.8093.4076.60
Other Current Liabilities121.90105.6093.10103.50100.90109.40
Total Current Liabilities690.20204.00181.20187.80224.30213.50
Long Term Debt3,079.803,642.503,737.003,739.503,764.903,686.90
Provision for Risks Charges0.300.300.900.901.301.40
Deferred Tax Liabilities0.500.500.500.500.500.50
Other Liabilities25.2021.3022.8021.7020.2013.20
Total Liabilities3,796.003,868.603,942.403,950.404,011.203,915.50
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity512.80514.60518.00568.30572.50635.00
Total Shareholders Equity512.80514.60518.00568.30572.50635.00
Accumulated Minority Interest-108.20-126.60-143.20-130.40-146.00-127.40
Total Equity404.60388.00374.80437.90426.50507.60
Total Liabilities & Stockholders Equity4,200.604,256.604,317.204,388.304,437.704,423.10
Book Value Per Share4.004.014.044.394.424.84
Tangible Book Value Per Share4.004.014.044.394.434.84
Full-Time Employees---195--
Price to Book Ratio7.629.328.857.807.137.48
Return on Assets8.728.648.608.277.696.87
Return on Equity69.4265.2465.9264.2259.8152.91
Return on Invested Capital2.772.322.062.172.252.09
Quick Ratio0.250.770.920.850.750.71
Current Ratio0.250.770.920.850.750.71

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income179.10173.70157.70168.00175.50179.70
Depreciation55.1054.4058.5054.2056.6051.80
Other Funds (Non Cash)6.10-0.104.706.204.104.20
Funds from Operations272.40259.10249.10258.50267.80264.80
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-4.5019.504.20-12.90-8.9012.10
Cash from Operating Activities267.90278.60253.30245.60258.90276.90
Capital Expenditures-25.70-23.10-28.80-66.70-80.00-63.40
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments0.000.000.000.000.000.00
Purchase of Investments0.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-25.70-23.10-28.80-66.70-80.00-63.40
Cash Dividends Paid-101.30-99.90-98.90-97.70-96.60-82.90
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.00-60.000.00-100.00-200.00
Repurchase of Common Pref Stock0.000.00-60.000.00-100.00-200.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-83.50-94.50-2.50-25.5078.00138.90
Change in Long Term Debt-83.50-94.50-2.50-25.5078.00138.90
Issuance of Long Term Debt0.000.000.00323.000.00-1.10
Reduction of Long Term Debt-83.50-94.50-2.50-348.5078.00140.00
Net Financing Active Other Cash Flow-61.40-60.70-60.40-59.30-59.30-71.10
Other Financing Activities Uses-61.40-60.70-60.40-59.30-59.30-71.10
Cash from Financing Activities-246.20-255.10-221.80-182.50-177.90-215.10
Net Change in Cash-4.000.402.70-3.601.00-1.60
Free Cash Flow242.20255.50224.50178.90178.90213.50
Price to Free Cash Flow9.5310.8611.9711.8111.5812.41

Revenue breakdown

Affiliate Services2024: 1.47B 2025: 1.57B
Consolidation, Policy2024: 3.60M 2025: 4.10M
Third Party Services2024: 24.10M 2025: 43.60M
United States2024: 1.50B 2025: 1.62B
Gathering2024: 799.10M 2025: 870.60M
Processing And Storage2024: 577.70M 2025: 620.00M
Terminaling And Export2024: 118.70M 2025: 130.70M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3013.69%17.5M127.7M2.00M
2026-10-159.99%12.8M127.7M1.64M
2026-09-306.03%7.7M127.7M1.19M
2026-09-155.77%7.4M127.7M1.14M
2026-08-315.06%6.5M127.7M1.12M
2026-08-145.20%6.6M127.7M1.26M
2026-07-315.04%6.4M127.2M1.57M
2026-07-155.19%6.6M127.2M1.85M
2026-06-305.69%7.2M127.2M1.99M
2026-06-155.89%7.5M127.1M1.99M
2026-05-295.68%7.2M127.2M2.05M
2026-05-156.52%8.3M127.2M1.94M
2026-04-306.57%8.4M127.2M1.65M
2026-04-155.89%7.6M128.3M1.51M
2026-03-316.06%7.8M128.3M1.48M
2026-03-136.69%8.6M128.3M1.43M
2026-02-277.02%9.0M128.3M1.40M
2026-02-136.74%8.6M128.3M1.50M
2026-01-306.39%8.2M128.3M1.55M
2026-01-156.83%8.8M128.3M1.53M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call17.0013.2014.2014.663.1080.000.000.966-0.0360.003
call18.0012.2013.2013.822.8620.000.000.963-0.0360.004
call19.0011.2012.400.002.8820.000.000.960-0.0350.004
call20.0010.1011.200.002.3950.000.000.956-0.0340.004
call21.009.2010.400.002.4170.000.000.952-0.0330.005
call22.008.209.400.002.2070.000.000.947-0.0320.005
call23.007.208.400.001.9950.000.000.942-0.0310.005
call24.006.207.400.001.8230.000.000.934-0.0300.006
call25.005.206.206.701.4090.000.000.926-0.0290.007
call26.004.205.204.501.2232.000.000.915-0.0270.007
call27.003.304.203.301.03833.001.000.900-0.0250.008
call28.002.403.102.740.7700.000.000.870-0.0250.010
call29.001.602.301.500.7261.000.000.789-0.0300.014
call30.000.901.350.930.53248.000.000.623-0.0450.018
call31.000.350.750.500.4862441.000.445-0.0470.019
call32.000.100.250.150.38147324.000.244-0.0310.015
call33.000.050.150.080.4388453.000.155-0.0290.011
call34.000.000.200.080.52876.000.000.123-0.0280.010
call35.000.000.050.060.51190.000.000.050-0.0140.005
call36.000.000.200.070.66881.000.000.072-0.0240.007
call37.000.000.050.050.66317.000.000.040-0.0150.004
call38.000.000.350.030.7491630.000.037-0.0160.004
call39.000.000.100.040.80688.000.000.034-0.0160.004
call40.000.000.150.050.8915020.000.032-0.0170.003
call41.000.000.350.070.9574890.000.030-0.0170.003
call42.000.000.300.021.0182180.000.028-0.0180.003
call43.000.000.350.351.0826890.000.027-0.0180.003
call44.000.000.050.031.10487.000.000.025-0.0170.003
call45.000.000.050.031.15965.000.000.024-0.0170.003
call46.000.000.050.021.2122250.000.024-0.0170.003
call47.000.000.050.151.26469.000.000.023-0.0170.003
call48.000.000.350.111.3603.000.000.022-0.0190.003
call50.000.000.350.051.4641.000.000.021-0.0200.002
put17.000.000.350.002.2440.000.00-0.031-0.0430.003
put18.000.000.350.002.0490.000.00-0.034-0.0420.004
put19.000.000.350.001.8760.000.00-0.037-0.0410.004
put20.000.000.350.001.7050.000.00-0.041-0.0410.004
put21.000.000.350.001.5410.000.00-0.045-0.0400.005
put22.000.000.350.451.3832.000.00-0.050-0.0390.005
put23.000.000.350.001.2250.000.00-0.056-0.0370.005
put24.000.000.350.111.0826.000.00-0.062-0.0360.006
put25.000.000.300.060.9377.000.00-0.071-0.0350.006
put26.000.000.400.200.7948.000.00-0.082-0.0330.007
put27.000.000.250.050.65312.000.00-0.098-0.0310.008
put28.000.000.300.120.5115940.00-0.128-0.0300.010
put29.000.100.150.120.362176106-0.207-0.0350.014
put30.000.200.550.450.4367780.00-0.378-0.0510.018
put31.000.651.050.770.4465331.00-0.549-0.0520.019
put32.001.401.651.380.3942991.00-0.757-0.0360.015
put33.001.902.753.380.6131300.00-0.842-0.0340.011
put34.002.853.903.330.85869.001.00-0.877-0.0340.010
put35.003.804.804.800.9081330.00-0.947-0.0190.005
put36.004.805.805.701.0710.000.00-0.953-0.0190.005
put37.006.106.606.400.94134.000.00-0.958-0.0200.004
put38.006.807.807.201.2170.000.00-0.961-0.0200.004
put39.007.808.807.801.2980.000.00-0.964-0.0210.004
put40.008.809.808.701.4160.000.00-0.966-0.0210.003
put41.009.8010.802.001.4680.000.00-0.968-0.0210.003
put42.0010.8011.802.811.5990.000.00-0.969-0.0220.003
put43.0011.8012.8013.061.6720.000.00-0.971-0.0220.003
put44.0012.8013.800.001.7700.000.00-0.972-0.0220.003
put45.0013.8014.808.801.8370.000.00-0.973-0.0220.003
put46.0014.8015.800.001.8870.000.00-0.974-0.0220.003
put47.0015.8016.800.001.9920.000.00-0.975-0.0220.003
put48.0016.8017.800.002.0360.000.00-0.975-0.0220.003
put50.0018.8019.8018.992.1260.000.00-0.977-0.0230.002

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-10SCHEDULE 13G/ASEC
2026-11-0510-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-308-KCurrent report2026-10-30SEC
2026-10-22SCHEDULE 13GSEC
2026-10-08SCHEDULE 13D/ASEC
2026-10-088-KCurrent report2026-10-06SEC
2026-10-07SCHEDULE 13G/ASEC
2026-09-23SDSpecialized Disclosure ReportSEC
2026-08-07SCHEDULE 13G/ASEC
2026-08-0610-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-038-KCurrent report2026-08-03SEC
2026-07-09SCHEDULE 13G/ASEC
2026-05-15SCHEDULE 13GSEC
2026-05-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-05-048-KCurrent report2026-05-04SEC
2026-04-13SCHEDULE 13G/ASEC
2026-03-104Statement of changes in beneficial ownership of securities2026-03-08SEC
2026-03-104Statement of changes in beneficial ownership of securities2026-03-08SEC
2026-03-104Statement of changes in beneficial ownership of securities2026-03-08SEC
2026-03-104Statement of changes in beneficial ownership of securities2026-03-08SEC
2026-03-104Statement of changes in beneficial ownership of securities2026-03-08SEC
2026-03-044Statement of changes in beneficial ownership of securities2026-03-04SEC
2026-03-04SCHEDULE 13D/ASEC
2026-03-048-KCurrent report2026-03-02SEC
2026-02-25SCHEDULE 13G/ASEC
2026-02-25S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-02-2510-KAnnual report pursuant to Section 13 or 15(d)2025-12-31SEC
2026-02-17SCHEDULE 13GSEC
2026-02-12SCHEDULE 13GSEC
2026-02-028-KCurrent report2026-02-02SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
ALPS ADVISORS INC23.71%
GOLDMAN SACHS GROUP INC6.54%
Invesco Ltd.5.87%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.5.50%
Bank of New York Mellon Corp5.07%
Blackstone Inc.4.51%
TORTOISE CAPITAL ADVISORS, L.L.C.3.30%
Neuberger Berman Group LLC2.08%
TD ASSET MANAGEMENT INC1.55%
Epoch Investment Partners, Inc.1.52%

Funds

Fund% owned
Alerian MLP ETF23.11%
Global X MLP ETF4.21%
Bond Fund3.69%
Goldman Sachs MLP Energy Infrastructure Fund2.79%
Invesco SteelPath MLP Income Fund2.69%
BNY Mellon Global Infrastructure Income ETF1.97%
Brandes Separately Managed Account Reserve Trust Fund1.51%
Invesco SteelPath MLP Select 40 Fund1.40%
Invesco SteelPath MLP Alpha Fund1.25%
Global X MLP and Energy Infrastructure ETF1.06%

OakChart. HESM. Cached 15 minutes.