Event-Driven Stocks

Hess Midstream LP

HESMNYSE

Energy · Crude Petroleum & Natural Gas · DE · SEC filings ↗ · Compare ⊕

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Signs4 good1 warningdetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$1.62B$1.49B$1.35B$1.27B$1.20B$1.09B
Operating income$1.01B$919.0M$816.9M$791.2M$727.2M$576.5M
Net income$352.9M$223.1M$118.6M$83.9M$46.4M$24.0M
Total assets$4.39B$4.15B$3.79B$3.59B$3.49B$3.37B
Total liabilities$3.95B$3.69B$3.43B$3.06B$2.73B$2.05B
Equity
EPS (diluted)
Shares out.116.7M79.9M44.0M33.7M18.0M18.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
62.3%
Net margin
21.8%
Return on equity
Return on assets
8.0%
Return on capital (ROCE)
24.0%
Liabilities / assets
90.0%
Debt / equity
Book value / share
Revenue growth (YoY)
8.4%
Net income growth (YoY)
58.2%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Accruals / assets
14.4%clean
Piotroski F-Score
7/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
73
/ 100
Profitability 100Growth 100Catalyst 67Earnings quality 100Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 warning4 good
  • High leverage (liabilities > 70% of assets)
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20268.3M2.5-0.8%
Apr 30, 20268.4M3.5+10.7%
Apr 15, 20267.6M4.6-2.9%
Mar 31, 20267.8M5.8-9.3%
Mar 13, 20268.6M6.0-4.8%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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