Hess MidstreamHESM.NValuation Analysis

As of Oct 16, 2026, Hess Midstream (HESM.N) trades at a P/E of 16.90x, P/B of 12.30x, P/S of 3.92x, and a dividend yield of 7.60%.
Longitudinal percentile comparison: P/E sits at the 0th percentile over the trailing 10Y window (vs. 1st percentile over 3Y); P/B sits at the 9th percentile over the trailing 10Y window (vs. 9th percentile over 3Y); P/S sits at the 4th percentile over the trailing 10Y window (vs. 1st percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 58th percentile within its industry and the 44th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 13.93%, ranking at the 79th percentile over the trailing 20Y window.
Cross-checking P/E against P/B, the two percentiles sit within 8.7 points of each other — a consistent signal from both angles. The P/E percentile sits lower across the market than within its own industry — relatively cheaper next to the market as a whole. Of the 13.93% total shareholder yield, 7.60% is paid out as dividends and roughly 6.33% is implied to come from buybacks — both channels are meaningfully in play. Hess Midstream operates in the Mining sector. Data refreshes weekly and is for reference only, not investment advice.