From StructContinue beyond “Hess Midstream's net income rose as oil and water volumes fellBack to the brief ↗Feed / HESM

Hess Midstream LP

HESM

Energy · 39.94 -0.5% today

You’ve read what changed. Here’s whether the market is confirming it.

SpreadingMarket checked 6 Aug, 15:55 GMT-4

Jodie situation report

Hess Midstream LP's move is spreading beyond its market group.

No new filing conclusion is available. 14 of 15 group members are active now; 3 filing-linked outsiders are moving with the group, and 4 of 8 directly disclosed connections are confirming.

Revenue YoY+8.4%2025-12-31
Operating margin62.2%+0.7 pts YoY
Company-0.5% todayVolume comparison unavailable
Market group14 of 15 activeIndependent Oil Producers · active
Disclosed network4 of 8 confirmingCVX, CVX, CVX moving with the group
What would change this read
  • Participation remains broad in the next market snapshot.
  • ENB remains aligned with the group in the next market snapshot.
  • Oil terminaling and water-gathering throughput declined as lower production followed lower new-well activity.

Invalidation: This identity theme becomes less useful if activity narrows to one or two names instead of remaining broad across the cohort.

Watch this read

Who this business touches

The relationships behind HESM

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

CVXChevron CorporationinvesteeFeb 25, 2026

As a result of the Merger, Chevron is the direct parent of Hess and, therefore, indirectly owns 100% of the limited liability company interests in GP LLC, 100% of the partnership interests in our general partner, and an approximate 37.9% interest in the Compa…

CVXChevron CorporationpartnerFeb 25, 2026

Our historical commercial, omnibus and employee secondment agreements with Hess remain in effect subsequent to the Merger, and we refer to Chevron as the counterparty to these agreements as, following the completion of the Merger, Chevron wholly owns the Hess…

Depended on by

CVXChevron CorporationinvesteeMay 7, 2026

In July 2025, the company completed its acquisition of Hess Corporation (Hess).

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

HESM is currently a Early Follower in the organic co-movement group Independent Oil Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.