Hess Midstream Partners (NYSE:HESM) will be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect Hess Midstream Partners to post earnings of $0.32 per share for the quarter.

Hess Midstream Partners (NYSE:HESM) last posted its quarterly earnings data on Wednesday, January 30th. The company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.01). Hess Midstream Partners had a net margin of 10.54% and a return on equity of 2.63%. The business had revenue of $171.20 million for the quarter, compared to analysts’ expectations of $171.85 million. On average, analysts expect Hess Midstream Partners to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HESM opened at $22.88 on Wednesday. Hess Midstream Partners has a 52-week low of $16.17 and a 52-week high of $24.51. The firm has a market cap of $615.62 million, a P/E ratio of 17.98, a price-to-earnings-growth ratio of 1.41 and a beta of 1.60.

In other Hess Midstream Partners news, CFO Jonathan C. Stein sold 1,381 shares of the company’s stock in a transaction on Monday, March 11th. The stock was sold at an average price of $22.63, for a total value of $31,252.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 2,714 shares of company stock valued at $60,318 over the last quarter.

A number of research firms recently issued reports on HESM. Zacks Investment Research upgraded Hess Midstream Partners from a “sell” rating to a “hold” rating in a report on Saturday, March 2nd. Wells Fargo & Co restated a “market perform” rating and set a $24.00 price objective (down previously from $27.00) on shares of Hess Midstream Partners in a report on Tuesday, March 19th. Finally, JPMorgan Chase & Co. cut Hess Midstream Partners from an “overweight” rating to a “neutral” rating and set a $27.00 price objective for the company. in a report on Tuesday, March 12th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Hess Midstream Partners presently has an average rating of “Buy” and a consensus target price of $25.33.

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About Hess Midstream Partners

Hess Midstream Partners LP owns, operates, develops, and acquires midstream assets to provide services to Hess and third-party customers in the United States. It operates through three segments: Gathering, Processing and Storage, and Terminaling and Export. The Gathering segment is involved in the natural gas and crude oil gathering and compression activities located primarily in McKenzie, Williams and Mountrail Counties, and North Dakota.

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Earnings History for Hess Midstream Partners (NYSE:HESM)

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