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Why the quality investor may take a look at NYSE:HESM.

By Mill Chart

Last update: Oct 25, 2023

In this article we will dive into HESS MIDSTREAM LP - CLASS A (NYSE:HESM) as a possible candidate for quality investing. Investors should always do their own research, but we noticed HESS MIDSTREAM LP - CLASS A showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.

Exploring Why NYSE:HESM Holds Appeal for Quality Investors.

  • HESS MIDSTREAM LP - CLASS A has achieved substantial revenue growth over the past 5 years, with a 17.09% increase. This signifies the company's ability to successfully capture market opportunities and generate sustained revenue growth.
  • With a robust ROIC excluding cash and goodwill at 17.73%, HESS MIDSTREAM LP - CLASS A showcases its effective allocation of capital and operational excellence. This metric signifies the company's ability to generate attractive returns and supports its long-term financial performance.
  • HESS MIDSTREAM LP - CLASS A maintains a healthy Debt/Free Cash Flow Ratio of 4.9, indicating a strong financial position and prudent debt management. This ratio suggests the company has sufficient free cash flow to cover its debt obligations and highlights its ability to generate cash from operations.
  • HESS MIDSTREAM LP - CLASS A exhibits impressive Profit Quality (5-year) with a 819.0% ratio, reflecting its consistent ability to generate high-quality profits. This metric underscores the company's strong financial performance and commitment to delivering sustainable earnings.
  • The 5-year EBIT growth of HESS MIDSTREAM LP - CLASS A has been remarkable, with 24.63% increase. This demonstrates the company's ability to improve its operational efficiency and indicates its competitiveness within the market.
  • HESS MIDSTREAM LP - CLASS A demonstrates a remarkable trend where its EBIT 5-year growth exceeds its Revenue 5-year growth. This indicates the company's ability to enhance its profitability through improved cost control and operational efficiency.

Zooming in on the fundamentals.

Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.

We assign a fundamental rating of 4 out of 10 to HESM. HESM was compared to 218 industry peers in the Oil, Gas & Consumable Fuels industry. There are concerns on the financial health of HESM while its profitability can be described as average. While showing a medium growth rate, HESM is valued expensive at the moment.

Our latest full fundamental report of HESM contains the most current fundamental analsysis.

More quality stocks can be found in our Caviar Cruise screen.

Disclaimer

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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HESS MIDSTREAM LP - CLASS A

NYSE:HESM (4/19/2024, 7:04:00 PM)

After market: 35.33 0 (0%)

35.33

+0.48 (+1.38%)

HESM News

News Image2 days ago - Market News VideoFirst Week of HESM June 21st Options Trading
News Image10 days ago - Hess Midstream LPHess Midstream LP Schedules Earnings Release Conference Call
News Image12 days ago - ChartmillWhy NYSE:HESM Stands Out as a Quality Stock.

Is HESS MIDSTREAM LP - CLASS A (NYSE:HESM) a Strong Candidate for Quality Investing?

News Imagea month ago - Hess Midstream LPHess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
News Image2 months ago - Hess Midstream LPHess Midstream LP Announces Filing of 2023 Annual Report on Form 10-K
News Image2 months ago - Hess Midstream LPHess Midstream LP to Participate in Investor Conferences
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News Image2 months ago - Market News VideoInvestors Snag HESM Even Lower Than Its Secondary Stock Offering
News Image3 months ago - Seeking AlphaHess Midstream down 4%, prices offering at $33.1 per share (NYSE:HESM)

Hess Midstream (HESM) prices public offering of 10M shares at $33.1/share, with gross proceeds of $331M.

News Image3 months ago - Hess Midstream LPHess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares
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