(HESM) Hess Midstream Partners - Ratings and Ratios

Hess Midstream LP is a midstream energy company that provides fee-based services to Hess and third-party customers in the United States, operating through three key segments: Gathering, Processing and Storage, and Terminaling and Export. The companys Gathering segment includes extensive pipeline networks for natural gas, crude oil, and produced water, with a significant presence in the Bakken shale play.

The companys assets are strategically positioned to support the growing energy production in the United States, with a particular focus on the Bakken region. The Processing and Storage segment includes critical infrastructure such as the Tioga Gas Plant and the Mentor Storage Terminal, which provide natural gas processing, fractionation, and storage services. The Terminaling and Export segment offers a range of services, including crude oil rail loading and export capabilities, through facilities such as the Tioga rail terminal and the Ramberg terminal.

Analyzing the and , we can observe that HESMs stock price is currently at $38.37, with a moderate level of volatility as indicated by the ATR of 0.95. The stock is trading above its 20-day, 50-day, and 200-day moving averages, suggesting a positive short-term and long-term trend. The P/E ratio of 14.96 and forward P/E of 11.43 indicate that the stock is relatively undervalued compared to its peers. With a Market Cap of $8.56 billion and a RoE of 110.38%, HESM demonstrates a strong financial performance.

Based on the and , our forecast suggests that HESMs stock price is likely to continue its upward trend, potentially reaching the resistance level of $42.9 in the near term. However, if the stock price were to pull back, the support levels at $36.4, $34.2, and $32.3 would likely provide a floor. We expect HESM to maintain its stable financial performance, driven by its diversified midstream assets and fee-based business model, which should continue to attract investors and drive long-term growth.