Hess Midstream Partners Stock Net Asset
| HESM Stock | USD 34.91 0.03 0.09% |
Hess Midstream Partners fundamentals help investors to digest information that contributes to Hess Midstream's financial success or failures. It also enables traders to predict the movement of Hess Stock. The fundamental analysis module provides a way to measure Hess Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hess Midstream stock.
Hess | Net Asset |
Hess Midstream Partners Company Net Asset Analysis
Hess Midstream's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Hess Midstream Net Asset | 3.79 B |
Most of Hess Midstream's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Hess Midstream Partners is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Hess Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Hess Midstream is extremely important. It helps to project a fair market value of Hess Stock properly, considering its historical fundamentals such as Net Asset. Since Hess Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Hess Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Hess Midstream's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Hess Total Assets
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Based on the recorded statements, Hess Midstream Partners has a Net Asset of 3.79 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all United States stocks is notably lower than that of the firm.
Hess Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hess Midstream's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Hess Midstream could also be used in its relative valuation, which is a method of valuing Hess Midstream by comparing valuation metrics of similar companies.Hess Midstream is currently under evaluation in net asset category among related companies.
Hess Midstream Institutional Holders
Institutional Holdings refers to the ownership stake in Hess Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hess Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hess Midstream's value.| Shares | Swank Energy Income Advisors, Lp | 2024-03-31 | 1.3 M | Jpmorgan Chase & Co | 2023-12-31 | 1.2 M | Ubs Group Ag | 2023-12-31 | 919.3 K | Kayne Anderson Capital Advisors Lp | 2023-12-31 | 838 K | Renaissance Technologies Corp | 2023-12-31 | 811 K | Bank Of New York Mellon Corp | 2023-12-31 | 776.3 K | Eagle Global Advisors, Llc | 2023-12-31 | 763.2 K | First Trust Advisors L.p. | 2023-12-31 | 761 K | Millennium Management Llc | 2023-12-31 | 700.4 K | Alps Advisors Inc | 2023-12-31 | 11.7 M | Goldman Sachs Group Inc | 2023-12-31 | 6.9 M |
Hess Fundamentals
| Return On Equity | 1.36 | ||||
| Return On Asset | 0.14 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.62 % | ||||
| Current Valuation | 6.02 B | ||||
| Shares Outstanding | 79.92 M | ||||
| Shares Owned By Insiders | 1.45 % | ||||
| Shares Owned By Institutions | 78.73 % | ||||
| Number Of Shares Shorted | 4.88 M | ||||
| Price To Earning | 21.18 X | ||||
| Price To Book | 8.28 X | ||||
| Price To Sales | 5.92 X | ||||
| Revenue | 1.35 B | ||||
| Gross Profit | 995.6 M | ||||
| EBITDA | 1.01 B | ||||
| Net Income | 118.6 M | ||||
| Cash And Equivalents | 2.6 M | ||||
| Cash Per Share | 0.06 X | ||||
| Total Debt | 3.21 B | ||||
| Debt To Equity | 6.03 % | ||||
| Current Ratio | 0.93 X | ||||
| Book Value Per Share | 4.98 X | ||||
| Cash Flow From Operations | 866.4 M | ||||
| Short Ratio | 5.91 X | ||||
| Earnings Per Share | 2.20 X | ||||
| Price To Earnings To Growth | 1.57 X | ||||
| Target Price | 37.75 | ||||
| Beta | 1.49 | ||||
| Market Capitalization | 7.92 B | ||||
| Total Asset | 3.79 B | ||||
| Retained Earnings | 179.7 M | ||||
| Working Capital | (73.4 M) | ||||
| Current Asset | 77.11 M | ||||
| Current Liabilities | 199.97 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 7.12 % | ||||
| Net Asset | 3.79 B | ||||
| Last Dividend Paid | 2.51 |
About Hess Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hess Midstream Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hess Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hess Midstream Partners based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Hess Midstream's price analysis, check to measure Hess Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess Midstream is operating at the current time. Most of Hess Midstream's value examination focuses on studying past and present price action to predict the probability of Hess Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess Midstream's price. Additionally, you may evaluate how the addition of Hess Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Hess Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.255 | Dividend Share 2.505 | Earnings Share 2.2 | Revenue Per Share 21.871 | Quarterly Revenue Growth 0.166 |
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.