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Hess Midstream LP (HESM, Oil & Gas Storage & Transportation) Stock Valuation & Fair Value Quality business with a solid forward outlook

Hess Midstream LP (HESM, Oil & Gas Storage & Transportation) trades at a blended P/E of 13.4, about 13% below its historical normal valuation, with a forward growth estimate of 5.4% and a PEG of 2.50. Analysts' one-year estimates have been hit 25% of the time.

DATA AS OF 2026-08-28
Blended P/E
13.4
Normal P/E
15.4
PEG
2.50
Fwd growth
5.4%
Div yield
8.1%
RSI (14)
50.9
Neutral

The Street vs SeerForecast

Wall Street's mean price target for HESM is $37.50 across 6 analysts, 5.2% below the current price. The average analyst rating is Underperform. Our SeerForecast read of the same stock, formed without analyst targets: quality business with a solid forward outlook. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been quality business with a solid forward outlook since 2026-06-14.

Price and rating by weekClose moved +1.7 percent from 2026-06-14 to 2026-08-24, with 2 rating changes over 21 recorded weeks.2026-06-14: Quality business with a solid forward outlook, close 38.49 (recalculated)2026-06-16: Quality business with a solid forward outlook, close 37.17 (recalculated)2026-06-21: Quality business with a solid forward outlook, close 36.79 (recalculated)2026-07-02: Fairly valued, close 38.16 (recalculated)2026-07-06: Fairly valued, close 38.18 (recalculated)2026-07-09: Fairly valued, close 38.78 (recalculated)2026-07-12: Fairly valued, close 38.63 (recalculated)2026-07-13: Fairly valued, close 39.21 (recalculated)2026-07-14: Fairly valued, close 39.85 (recalculated)2026-07-20: Fairly valued, close 40.20 (recalculated)2026-07-22: Quality business with a solid forward outlook, close 40.77 (recalculated)2026-07-25: Quality business with a solid forward outlook, close 40.64 (recalculated)2026-07-27: Quality business with a solid forward outlook, close 39.81 (recalculated)2026-07-31: Quality business with a solid forward outlook, close 40.83 (recalculated)2026-08-03: Quality business with a solid forward outlook, close 40.832026-08-07: Quality business with a solid forward outlook, close 39.80 (recalculated)2026-08-10: Quality business with a solid forward outlook, close 39.802026-08-14: Quality business with a solid forward outlook, close 40.53 (recalculated)2026-08-17: Quality business with a solid forward outlook, close 40.532026-08-21: Quality business with a solid forward outlook, close 39.14 (recalculated)2026-08-24: Quality business with a solid forward outlook, close 39.1438392026-06-142026-08-24
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-14P/E 13.6-12%Quality business with a solid forward outlook
2026-06-16P/E 13.6-12%Quality business with a solid forward outlook
2026-06-21P/E 13.6-12%Quality business with a solid forward outlook
2026-07-02P/E 13.6-12%Fairly valued
2026-07-06P/E 13.6-12%Fairly valued
2026-07-09P/E 13.6-12%Fairly valued
2026-07-12P/E 13.6-12%Fairly valued
2026-07-13P/E 13.6-12%Fairly valued
2026-07-14P/E 13.6-12%Fairly valued
2026-07-20P/E 13.6-12%Fairly valued
2026-07-22P/E 14.1-9%Quality business with a solid forward outlook
2026-07-25P/E 14.1-9%Quality business with a solid forward outlook
2026-07-27P/E 14.1-9%Quality business with a solid forward outlook
2026-07-31P/E 14.1-9%Quality business with a solid forward outlook
2026-08-03P/E 14.4-7%Quality business with a solid forward outlook
2026-08-07P/E 14.4-7%Quality business with a solid forward outlook
2026-08-10P/E 13.8-11%Quality business with a solid forward outlook
2026-08-14P/E 13.8-11%Quality business with a solid forward outlook
2026-08-17P/E 13.9-10%Quality business with a solid forward outlook
2026-08-21P/E 13.9-10%Quality business with a solid forward outlook
2026-08-24P/E 13.4-13%Quality business with a solid forward outlook
2026-08-27P/E 13.4-13%Quality business with a solid forward outlook
2026-08-28P/E 13.4-13%Quality business with a solid forward outlook ← now

Frequently asked questions

Is Hess Midstream LP stock overvalued?

At a blended P/E of 13.4 versus its historical normal P/E of 15.4, Hess Midstream LP trades about 13% below its typical valuation, with a PEG of 2.50 on 5.4% forward growth. tickerseer currently rates it quality business with a solid forward outlook.

What is Hess Midstream LP's fair value and PEG?

Hess Midstream LP trades at a blended P/E of 13.4 against a historical normal P/E of 15.4, a PEG of 2.50, and a forward growth estimate of 5.4%.

Has tickerseer's rating of Hess Midstream LP changed?

tickerseer's rating has been quality business with a solid forward outlook since 2026-06-14.

What is the analyst price target for Hess Midstream LP?

The mean Wall Street price target for Hess Midstream LP is $37.50 across 6 analysts, 5.2% below the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Oil & Gas Storage & Transportation. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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