Hess Midstream LP (NYSE: HESM) Could Achieve Gains In The Near Future

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Hess Midstream LP is listed on the NYSE in the Energy sector while operating in the Oil & Gas Midstream industry. The current market capitalization of Hess Midstream LP is $7.67B. A total of 0.83 million shares were traded on the day, compared to an average of 849.82K shares.

In the most recent transaction, Stein Jonathan C. sold 7,923 shares of HESM for 35.32 per share on Nov 11 ’24. After the transaction, the Chief Financial Officer now owns 59,945 company shares. In a previous transaction on Nov 11 ’24, Stein Jonathan C. bought 7,923 shares at 35.07 per share.

Among the insiders who sold shares, Global Infrastructure Investor disposed of 12,650,000 shares on Sep 20 ’24 at a per-share price of $35.12. This resulted in the Director holding 0 shares of HESM after the transaction. In another insider transaction, Global Infrastructure Investor sold 10,000,000 shares at $34.02 per share on May 31 ’24. Company shares held by the Director now total 0.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Hess Midstream LP pays an annual dividend of $2.64, resulting in a dividend yield of 7.49%, and it has a price to earnings (P/E) ratio of 14.90. HESM’s most recent ex-dividend date was 11/7/2024 when it declared a $0.6846 quarterly dividend that was paid in cash on 11/14/2024. Previously, the company paid the dividend on 8/14/2024 with an ex-dividend date of 8/8/2024. The HESM stock dividend was $0.6677 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, HESM has a high of $39.11 and a low of $29.90.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. HESM’s latest balance sheet shows that the firm has $2.20M in Cash & Short Term Investments as of fiscal 2021. There were $2.56B in debt and $170.90M in liabilities at the time. Its Book Value Per Share was $5.10, while its Total Shareholder’s Equity was $753.10M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HESM is Buy with a score of 3.75.

Most Popular

Related Posts