Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 -0.00349272648710928 0.00070814729463734
Stock impact report

Hess Midstream: I'm Still Cautious, But Valuation Makes Sense After The Selloff [Seeking Alpha]

Hess Midstream LP Class A Share (HESM) 
Last hess midstream lp class a share earnings: 1/29 08:00 am Check Earnings Report
Company Research Source: Seeking Alpha
HESM trades below historical P/E and EV/EBITDA averages, with fair value estimates suggesting limited but reasonable upside after the recent selloff. Despite oil price volatility and plateauing Bakken production, HESM's fee-based contracts, growing third-party revenue, strong cash flow, and natural gas growth prospects mitigate risks. Technicals remain bearish, but oversold conditions and improving momentum indicators signal potential for a price rebound in the near term. AlizadaStudios/iStock via Getty Images It has been nearly three months since my initial coverage on Hess Midstream LP ( NYSE: HESM ). While fundamentals were okay and opportunities outweighed risks, I felt that its drivers were not enough to justify further upside. And now, it trades at low-to-mid-$30s, the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a pur Show less Read more
Impact Snapshot
Event Time:
HESM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for HESM alerts
Opt-in for
HESM alerts

from News Quantified
Opt-in for
HESM alerts

from News Quantified