UBS has downgraded Hess Midstream LP (HESM) to Neutral from Buy, signaling a shift in sentiment regarding the company's outlook. The downgrade, effective September 9, 2025, comes as Hess Midstream's current price stands at $32.52.
This update provides insight into potential concerns about competitive pressures, market conditions, or execution risks that could impact Hess Midstream's performance. The company's market capitalization is currently $6.7 billion, with a P/E ratio of 20.17 and an impressive dividend yield of 942.3%.
Hess Midstream engages in the ownership, development, and acquisition of midstream assets, primarily serving third-party crude oil and natural gas producers. The company, headquartered in Houston, Texas, operates assets located in the Bakken and Three Forks Shale plays in North Dakota.
Analyst consensus as of November 1, 2025, shows 2 Strong Buy, 4 Buy, and 7 Hold ratings, reflecting a generally favorable outlook among analysts, despite the recent downgrade. Upcoming earnings reports are anticipated on July 28, 2026, with an estimated EPS of $0.71 and revenue of $423.2 million, and on April 28, 2026, with an estimated EPS of $0.66 and revenue of $415.2 million.
Analyst ratings and price targets are professional opinions based on research and financial models. They can provide valuable perspective but are not guarantees of future performance. Investors should consider a range of factors, including company fundamentals and industry trends, when making decisions.
Analyst views can change as new information becomes available, and differing opinions on the same company are common among analysts.