Hess Capex To Depreciation vs Book Value Per Share Analysis

HESM Stock

USD 33.92 0.73 2.11%

Hess Midstream financial indicator trend analysis is much more than just examining Hess Midstream Partners latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hess Midstream Partners is a good investment. Please check the relationship between Hess Midstream Capex To Depreciation and its Book Value Per Share accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hess Midstream Partners Capex To Depreciation account and Book Value Per Share. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Hess Midstream's Capex To Depreciation and Book Value Per Share is -0.42. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Book Value Per Share in the same time period over historical financial statements of Hess Midstream Partners, assuming nothing else is changed. The correlation between historical values of Hess Midstream's Capex To Depreciation and Book Value Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Hess Midstream Partners are associated (or correlated) with its Book Value Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Book Value Per Share has no effect on the direction of Capex To Depreciation i.e., Hess Midstream's Capex To Depreciation and Book Value Per Share go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Book Value Per Share

The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.

Most indicators from Hess Midstream's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hess Midstream Partners current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

At this time, Hess Midstream's Tax Provision is very stable compared to the past year. As of the 5th of January 2026, Sales General And Administrative To Revenue is likely to grow to 0.03, while Selling General Administrative is likely to drop about 20.6 M.

	2023	2024	2025	2026 (projected)
Gross Profit	1.2B	1.3B	1.5B	1.6B
Total Revenue	1.3B	1.5B	1.7B	871.6M

Gross Profit Total Revenue

Hess Midstream fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Common Stock	Cash And Short Term Investments	Other Liab	Net Tangible Assets	Current Deferred Revenue	Other Assets	Other Current Assets	Short Long Term Debt	Short Term Debt
Total Assets		0.9	-0.02	-0.17	0.06	0.99	0.74	0.36	1.0	0.75	0.98	0.08	0.77	0.16	0.76	0.97	0.92	0.02	0.12	0.89	-0.11	0.23	0.79	0.86	-0.88	-0.88
Short Long Term Debt Total	0.9		-0.11	-0.12	-0.28	0.84	0.9	0.36	0.9	0.61	0.96	0.23	0.89	-0.12	0.9	0.97	0.77	-0.17	-0.16	0.86	-0.23	0.34	0.91	0.83	-0.62	-0.62
Other Current Liab	-0.02	-0.11		0.28	0.14	0.02	-0.19	-0.26	-0.01	0.08	-0.11	-0.04	-0.16	-0.19	-0.12	-0.03	-0.14	0.51	-0.09	-0.13	0.49	0.13	-0.16	-0.06	-0.09	-0.09
Total Current Liabilities	-0.17	-0.12	0.28		-0.02	-0.16	-0.14	-0.17	-0.17	0.17	-0.13	0.09	-0.28	-0.29	-0.12	-0.17	-0.21	0.29	-0.2	-0.29	0.31	0.03	-0.21	-0.27	0.22	0.22
Total Stockholder Equity	0.06	-0.28	0.14	-0.02		0.13	-0.41	0.04	0.05	0.18	-0.08	0.18	-0.36	0.74	-0.37	-0.07	0.28	0.55	0.79	-0.26	0.34	0.05	-0.37	-0.12	-0.37	-0.37
Property Plant And Equipment Net	0.99	0.84	0.02	-0.16	0.13		0.68	0.34	0.99	0.79	0.95	0.0	0.71	0.19	0.71	0.93	0.91	0.08	0.15	0.89	-0.05	0.16	0.75	0.86	-0.92	-0.93
Net Debt	0.74	0.9	-0.19	-0.14	-0.41	0.68		0.23	0.74	0.47	0.81	0.31	0.99	-0.13	1.0	0.81	0.65	-0.35	-0.19	0.77	-0.43	0.46	0.96	0.73	-0.46	-0.46
Accounts Payable	0.36	0.36	-0.26	-0.17	0.04	0.34	0.23		0.37	0.23	0.35	0.23	0.26	-0.29	0.24	0.37	0.19	0.47	-0.26	0.26	0.44	-0.23	0.28	0.22	-0.39	-0.37
Non Current Assets Total	1.0	0.9	-0.01	-0.17	0.05	0.99	0.74	0.37		0.75	0.97	0.08	0.77	0.14	0.76	0.97	0.91	0.03	0.1	0.9	-0.1	0.23	0.79	0.86	-0.88	-0.88
Non Currrent Assets Other	0.75	0.61	0.08	0.17	0.18	0.79	0.47	0.23	0.75		0.71	-0.09	0.45	0.13	0.49	0.69	0.7	0.16	0.14	0.61	0.07	0.03	0.5	0.64	-0.73	-0.73
Net Receivables	0.98	0.96	-0.11	-0.13	-0.08	0.95	0.81	0.35	0.97	0.71		0.09	0.82	0.06	0.82	0.99	0.89	-0.09	0.02	0.91	-0.2	0.23	0.84	0.9	-0.79	-0.79
Common Stock Shares Outstanding	0.08	0.23	-0.04	0.09	0.18	0.0	0.31	0.23	0.08	-0.09	0.09		0.3	0.04	0.33	0.18	0.1	0.2	0.03	-0.19	0.07	0.7	0.23	-0.11	0.05	0.06
Non Current Liabilities Total	0.77	0.89	-0.16	-0.28	-0.36	0.71	0.99	0.26	0.77	0.45	0.82	0.3		-0.08	0.99	0.83	0.67	-0.33	-0.15	0.8	-0.41	0.45	0.96	0.76	-0.51	-0.52
Other Stockholder Equity	0.16	-0.12	-0.19	-0.29	0.74	0.19	-0.13	-0.29	0.14	0.13	0.06	0.04	-0.08		-0.14	0.03	0.47	-0.07	0.92	0.03	-0.3	0.23	-0.1	0.08	-0.31	-0.31
Total Liab	0.76	0.9	-0.12	-0.12	-0.37	0.71	1.0	0.24	0.76	0.49	0.82	0.33	0.99	-0.14		0.83	0.66	-0.29	-0.19	0.77	-0.37	0.47	0.96	0.73	-0.49	-0.5
Property Plant And Equipment Gross	0.97	0.97	-0.03	-0.17	-0.07	0.93	0.81	0.37	0.97	0.69	0.99	0.18	0.83	0.03	0.83		0.87	-0.03	0.0	0.87	-0.14	0.3	0.85	0.88	-0.78	-0.78
Total Current Assets	0.92	0.77	-0.14	-0.21	0.28	0.91	0.65	0.19	0.91	0.7	0.89	0.1	0.67	0.47	0.66	0.87		-0.1	0.47	0.77	-0.31	0.27	0.66	0.79	-0.82	-0.83
Common Stock	0.02	-0.17	0.51	0.29	0.55	0.08	-0.35	0.47	0.03	0.16	-0.09	0.2	-0.33	-0.07	-0.29	-0.03	-0.1		-0.04	-0.24	0.95	-0.12	-0.25	-0.14	-0.3	-0.29
Cash And Short Term Investments	0.12	-0.16	-0.09	-0.2	0.79	0.15	-0.19	-0.26	0.1	0.14	0.02	0.03	-0.15	0.92	-0.19	0.0	0.47	-0.04		-0.08	-0.29	0.12	-0.23	-0.02	-0.26	-0.27
Other Liab	0.89	0.86	-0.13	-0.29	-0.26	0.89	0.77	0.26	0.9	0.61	0.91	-0.19	0.8	0.03	0.77	0.87	0.77	-0.24	-0.08		-0.28	0.09	0.85	0.88	-0.74	-0.75
Net Tangible Assets	-0.11	-0.23	0.49	0.31	0.34	-0.05	-0.43	0.44	-0.1	0.07	-0.2	0.07	-0.41	-0.3	-0.37	-0.14	-0.31	0.95	-0.29	-0.28		-0.24	-0.3	-0.19	-0.16	-0.15
Current Deferred Revenue	0.23	0.34	0.13	0.03	0.05	0.16	0.46	-0.23	0.23	0.03	0.23	0.7	0.45	0.23	0.47	0.3	0.27	-0.12	0.12	0.09	-0.24		0.39	0.21	-0.04	-0.05
Other Assets	0.79	0.91	-0.16	-0.21	-0.37	0.75	0.96	0.28	0.79	0.5	0.84	0.23	0.96	-0.1	0.96	0.85	0.66	-0.25	-0.23	0.85	-0.3	0.39		0.77	-0.57	-0.57
Other Current Assets	0.86	0.83	-0.06	-0.27	-0.12	0.86	0.73	0.22	0.86	0.64	0.9	-0.11	0.76	0.08	0.73	0.88	0.79	-0.14	-0.02	0.88	-0.19	0.21	0.77		-0.76	-0.77
Short Long Term Debt	-0.88	-0.62	-0.09	0.22	-0.37	-0.92	-0.46	-0.39	-0.88	-0.73	-0.79	0.05	-0.51	-0.31	-0.49	-0.78	-0.82	-0.3	-0.26	-0.74	-0.16	-0.04	-0.57	-0.76		1.0
Short Term Debt	-0.88	-0.62	-0.09	0.22	-0.37	-0.93	-0.46	-0.37	-0.88	-0.73	-0.79	0.06	-0.52	-0.31	-0.5	-0.78	-0.83	-0.29	-0.27	-0.75	-0.15	-0.05	-0.57	-0.77	1.0

Click cells to compare fundamentals

Hess Midstream Account Relationship Matchups

Hess Midstream fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	3.5B	3.6B	3.8B	4.2B	4.8B	3.0B
Short Long Term Debt Total	2.6B	2.9B	3.2B	3.5B	4.0B	2.1B
Other Current Liab	124M	94.3M	118M	94M	84.6M	88.9M
Total Current Liabilities	170.9M	159.5M	210.2M	219.3M	197.4M	218.7M
Total Stockholder Equity	204.1M	245.1M	340.2M	530.7M	477.6M	754.1M
Property Plant And Equipment Net	3.1B	3.2B	3.2B	3.3B	3.8B	2.7B
Net Debt	2.6B	2.9B	3.2B	3.5B	4.0B	4.2B
Accounts Payable	26.9M	62.7M	79.7M	89.4M	102.8M	58.7M
Non Current Assets Total	3.4B	3.5B	3.7B	4.0B	4.6B	2.9B
Non Currrent Assets Other	125.9M	189.2M	333.3M	6.6M	7.6M	8.0M
Net Receivables	120.3M	123M	124.4M	138.9M	159.7M	81.0M
Common Stock Shares Outstanding	25.7M	41.4M	56.3M	89M	80.1M	84.1M
Liabilities And Stockholders Equity	3.5B	3.6B	3.8B	4.2B	4.8B	2.9B
Non Current Liabilities Total	2.6B	2.9B	3.2B	3.5B	4.0B	4.2B
Other Stockholder Equity	1.2B	549M	283.9M	465.3M	535.1M	795.6M
Total Liab	2.7B	3.1B	3.4B	3.7B	4.2B	4.5B
Property Plant And Equipment Gross	4.3B	4.6B	4.8B	5.1B	5.9B	3.2B
Total Current Assets	133.1M	132.3M	136.8M	149.4M	171.8M	100.8M
Common Stock	204.1M	245.1M	340.2M	530.7M	477.6M	474.0M
Cash And Short Term Investments	2.2M	3.1M	5.4M	4.3M	3.9M	3.7M
Other Liab	16M	22.5M	18.1M	16.6M	19.1M	11.8M
Net Tangible Assets	131.5M	125M	135.7M	245.1M	220.6M	209.6M
Current Deferred Revenue	54.1M	76.2M	7.3M	117.4M	135.0M	141.8M
Other Assets	63.9M	162M	125.9M	189.2M	217.6M	228.5M
Other Current Assets	5.6M	10.6M	6.2M	7M	7.1M	5.5M
Short Long Term Debt	20M	2.5M	12.5M	22.5M	20.3M	19.2M
Short Term Debt	20M	2.5M	12.5M	22.5M	20.3M	19.2M
Property Plant Equipment	3.0B	3.1B	3.1B	3.2B	3.6B	2.9B
Cash	2.2M	3.1M	5.4M	4.3M	3.9M	3.7M
Non Current Liabilities Other	17.7M	16.1M	16.7M	16.5M	19.0M	15.0M
Long Term Debt	2.5B	2.9B	3.2B	3.4B	4.0B	2.3B
Net Invested Capital	2.8B	3.1B	3.6B	4.0B	4.6B	2.5B
Net Working Capital	(37.8M)	(27.2M)	(73.4M)	(69.9M)	(62.9M)	(59.8M)
Long Term Investments	101.6M	93.9M	90.2M	87M	100.1M	103.1M

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:

How To Invest In Hess

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Is Hess Stock a good investment?

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What is Hess Midstream's Net Worth?

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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.19

Dividend Share

2.903

Earnings Share

2.81

Revenue Per Share

13.825

Quarterly Revenue Growth

0.112

The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Hess Capex To Depreciation vs Book Value Per Share Analysis

Capex To Depreciation vs Book Value Per Share

Capex To Depreciation vs Book Value Per Share Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Book Value Per Share

Hess Midstream fundamental ratios Correlations

Hess Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Hess Midstream fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Net Debt
Short Term Debt	+ 1.0	Short Long Term Debt
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Non Current Liabilities Total	+ 0.99	Net Debt

Short Term Debt	- 0.93	Property Plant And Equipment Net
Short Long Term Debt	- 0.92	Property Plant And Equipment Net
Short Term Debt	- 0.88	Non Current Assets Total
Short Long Term Debt	- 0.88	Non Current Assets Total
Short Term Debt	- 0.88	Total Assets
Short Long Term Debt	- 0.88	Total Assets