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You could triple your money -- or more.
Hess Midstream has been a very reliable dividend payer and dividend hiker. The current war with Iran has bolstered shares of many energy companies.
Hess Midstream stock remains stagnant due to uncertainty around Chevron's Bakken acreage strategy. Chevron is evaluating the profitability of the Bakken assets; until a clear, positive outcome emerges, HESM's long-term value remains uncertain. Second quarter results showed slightly lower EBITDA and net income, but free cash flow improved due to reduced capital expenditures.
Hess Midstream isn't winning any energy sector popularity contests, but income investors shouldn't overlook this stock.
Hess Midstream (HESM) remains a compelling Buy, offering a 7.93% forward yield and the sector's cheapest EV/EBITDA multiple. Q2 2026 saw earnings and free cash flow growth, margin expansion to 85%, and another distribution increase, reaffirming robust income stability. Management reaffirmed full-year guidance, targets 5% annual distribution growth through 2028, and is on track to reduce leverage to 2.5x by 2028.
Brian, a caller from Pennsylvania, phoned in to Mad Money on August 13, 2026 with a stock his son had been researching.
While the top- and bottom-line numbers for Hess Midstream Partners (HESM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Income investors have plenty of high-yield options, but very few pass the coverage test.