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Why NYSE:HESM Stands Out as a Quality Stock.

By Mill Chart

Last update: Apr 9, 2024

Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if HESS MIDSTREAM LP - CLASS A (NYSE:HESM) is suited for quality investing. Investors should of course do their own research, but we spotted HESS MIDSTREAM LP - CLASS A showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.

What matters for quality investors.

  • The 5-year revenue growth of HESS MIDSTREAM LP - CLASS A has been remarkable, with 13.6% increase. This showcases the company's strong performance in driving revenue growth and indicates its competitiveness within the market.
  • HESS MIDSTREAM LP - CLASS A demonstrates impressive performance in terms of ROIC excluding cash and goodwill, with a 18.06% ratio. This highlights the company's efficient utilization of capital and its focus on maximizing returns for investors.
  • With a Debt/Free Cash Flow Ratio of 5.0, HESS MIDSTREAM LP - CLASS A exhibits solid financial health and responsible debt management practices. This ratio indicates the company's ability to generate ample free cash flow to meet its debt obligations and pursue growth opportunities.
  • With a favorable Profit Quality (5-year) ratio of 863.0%, HESS MIDSTREAM LP - CLASS A showcases its ability to consistently deliver high-quality profits. This metric signifies the company's financial strength and its capacity to generate sustainable earnings over an extended period.
  • HESS MIDSTREAM LP - CLASS A has consistently achieved strong EBIT growth over the past 5 years, with a 16.65% increase. This underscores the company's effective management of its operating income and suggests a positive outlook for future profitability.
  • The EBIT 5-year growth of HESS MIDSTREAM LP - CLASS A has outpaced its Revenue 5-year growth, reflecting the company's focus on optimizing its profitability and generating sustainable earnings. This trend underscores its strong financial management.

Fundamental Analysis Observations

At ChartMill, a crucial aspect of their analysis is the assignment of a Fundamental Rating to each stock. This rating, ranging from 0 to 10, is calculated daily by considering numerous fundamental indicators and properties.

Overall HESM gets a fundamental rating of 4 out of 10. We evaluated HESM against 213 industry peers in the Oil, Gas & Consumable Fuels industry. HESM has a medium profitability rating, but doesn't score so well on its financial health evaluation. HESM is not valued too expensively and it also shows a decent growth rate.

For an up to date full fundamental analysis you can check the fundamental report of HESM

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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HESS MIDSTREAM LP - CLASS A

NYSE:HESM (4/29/2024, 12:57:03 PM)

34.83

-0.08 (-0.23%)

HESM News

News Image4 days ago - InvestorPlaceHESM Stock Earnings: Hess Midstream Misses EPS, Beats Revenue for Q1 2024

HESM stock results show that Hess Midstream missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.

News Image4 days ago - BusinessInsiderHESM Stock Earnings: Hess Midstream Misses EPS, Beats Revenue for Q1 2024

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hess Midstream (NYSE:HESM) just reported results for the first quarter of 2024....

News Image4 days ago - Hess Midstream LPHess Midstream LP Reports Estimated Results for the First Quarter of 2024
News Image7 days ago - Hess Midstream LPHess Midstream LP Announces Distribution Per Share Level Increase
News Image10 days ago - Market News VideoFirst Week of HESM June 21st Options Trading
News Image18 days ago - Hess Midstream LPHess Midstream LP Schedules Earnings Release Conference Call
News Image20 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 Image2 months 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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