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As of today (2024-05-13), Hess Midstream LP's share price is $35.10. Hess Midstream LP's Owner Earnings per Share (TTM) ended in Mar. 2024 was $1.82. It's Price-to-Owner-Earnings for today is 19.29.
The historical rank and industry rank for Hess Midstream LP's Price-to-Owner-Earnings or its related term are showing as below:
During the past 12 years, the highest Price-to-Owner-Earnings of Hess Midstream LP was 301.71. The lowest was 9.90. And the median was 18.56.
As of today (2024-05-13), Hess Midstream LP's share price is $35.10. Hess Midstream LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $2.21. Therefore, Hess Midstream LP's PE Ratio for today is 15.88.
As of today (2024-05-13), Hess Midstream LP's share price is $35.10. Hess Midstream LP's EPS without NRI for the trailing twelve months (TTM) ended in was $2.21. Therefore, Hess Midstream LP's PE Ratio without NRI for today is 15.88.
During the past 12 years, Hess Midstream LP's highest PE Ratio without NRI was 24.08. The lowest was 4.79. And the median was 15.74.
The historical data trend for Hess Midstream LP's Price-to-Owner-Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hess Midstream LP Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Owner-Earnings | Get a 7-Day Free Trial | - | - | 248.92 | 14.11 | 15.04 |
Hess Midstream LP Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Price-to-Owner-Earnings | Get a 7-Day Free Trial | 10.60 | 13.24 | 18.13 | 15.04 | 19.91 |
For the Oil & Gas Midstream subindustry, Hess Midstream LP's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Oil & Gas industry and Energy sector, Hess Midstream LP's Price-to-Owner-Earnings distribution charts can be found below:
* The bar in red indicates where Hess Midstream LP's Price-to-Owner-Earnings falls into.
In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
Hess Midstream LP's Price-to-Owner-Earnings for today is calculated as
Price-to-Owner-Earnings | = | Share Price | / | Owner Earnings per Share (TTM) |
= | 35.10 | / | 1.82 | |
= | 19.29 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hess Midstream LP (NYSE:HESM) Price-to-Owner-Earnings Explanation
For how to get Owner Earnings per Share (TTM), please click.
Thank you for viewing the detailed overview of Hess Midstream LP's Price-to-Owner-Earnings provided by GuruFocus.com. Please click on the following links to see related term pages.
Global Infrastructure Investors Ii, Llc | director, 10 percent owner | C/O GLOBAL INFRASTRUCTURE PARTNERS, 12 E. 49TH STREET, NEW YORK NY 10017 |
Hess Corp | director, 10 percent owner | 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Jonathan C. Stein | officer: Chief Financial Officer | HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
John A. Gatling | officer: President and COO | HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Geurt G Schoonman | director | HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
James K Lee | director | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Gip Ii Blue Holding, L.p. | director, 10 percent owner | C/O GLOBAL INFRASTRUCTURE MANAGEMENT LLC, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105 |
Letwin Stephen J J | director | HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
John B Hess | director, officer: Chairman and CEO | C/O HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Global Infrastructure Gp Ii, L.p. | director, 10 percent owner | 12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017 |
J Patrick Reddy | director | |
Hess Infrastructure Partners Gp Llc | director, 10 percent owner | 1501 MCKINNEY STREET, HOUSTON TX 77010 |
Hess Midstream Gp Llc | director, 10 percent owner | 1501 MCKINNEY STREET, HOUSTON TX 77010 |
Hess Midstream Gp Lp | director, 10 percent owner | 1501 MCKINNEY STREET, HOUSTON TX 77010 |
Gip Blue Holding Gp, Llc | director, 10 percent owner | 12 EAST 49TH STREET, 38TH FLOOR, NEW YORK NY 10017 |
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