Intrinsiqs

Is Hess Midstream LP overvalued?

Hess Midstream LP (HESM) looks undervalued — trading about 11% below its fair value.

Undervalued
Current price $38.25 Fair value $42.63
Price
$38.25
Fair value
$42.63
Current P/E
13.2
Normal P/E
14.8
Market cap
$7.90B
Dividend yield
8.0%
Return on equity
69.0%
Sector
Energy

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Fair value compares HESM's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 24 Sep 2026.