Hess stock holds near $39 after earnings beat
Published on 08/25/2026 at 09:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hess stock is trading around $39 after Hess Midstream Partners LP reported second-quarter EPS of $0.75 on August 3, 2026, topping the $0.67 consensus by $0.08. Revenue reached $399.0 million, and the same report showed a 3.7% year-over-year decline from the prior year quarter.
Earnings set the tone
MarketBeat's summary of the latest filings shows the company also posted a net margin of 23.23% and a return on equity of 92.18% for the quarter. Those figures frame the stock's current setup: a profit beat, a modest revenue miss versus growth, and a margin profile that remains unusually strong for a midstream name.
The same source put the shares at $39.13, with a market cap of $8.07 billion, a 52-week range of $31.63 to $41.80, and a 200-day moving average of $38.73. That leaves the stock trading just above its long average and below the top of its one-year range.
Analysts stay cautious
Consensus estimates on the same page point to $2.94 in full-year EPS, while the average target price sits at $37.67 versus a current price of $39.00. That implies the market is trading above the average target even after the earnings beat.
One named call kept an underweight view and a $39.00 target, while the broader consensus remains Reduce with 2 sell ratings, 5 hold ratings, and 1 buy rating. The setup is therefore more about execution and cash flow durability than about a broad valuation reset.
What the business does
Hess Midstream Partners operates crude oil, natural gas, and produced-water infrastructure in the Williston Basin, including gathering systems, processing plants, and storage facilities. For investors, the key product is not a consumer brand but the fee-based midstream network that links upstream production to market outlets.
Price and level
The shares opened at $39.13 and carried a 1-year high of $41.80 as of August 25, 2026. That keeps the stock close to its 200-day average of $38.73 and well above the 1-year low of $31.63.
Fact box
Company: Hess Corporation
ISIN: US42809H1077
Ticker: HESM
Exchange: NYSE
Price (as of August 25, 2026): $39.13 USD
Market cap: $8.07 billion
Sector / Industry: Energy / Oil & Gas Midstream
Index membership: Not stated in the cited sources
