Hess Midstream price to sales ratio HESM

Market value divided by revenue over the last twelve months, since 2020.

Today, Oct 23, 2026: 2.4×
7-year median: 1.1×
Against its 7-year history: 70th; percentile: 0 is its lowest day, 100 its highest
7-year range: 0.2× to 3.5×
Peer median: 2.1×

Hess Midstream's price to sales ratio is 2.4× as of Oct 23, 2026.

That is above its 7-year median of 1.1×, higher than on 70% of days in the last 7 years.

Over that time it ranged from 0.2× in Mar 2020 to 3.5× in Aug 2025.

The median for 10 oil and gas producers of a similar size is 2.1×.

Price to sales ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	2.4×	2.4×	3.2×
2025	2.8×	2.6×	3.5×
2024	2.6×	1.6×	2.7×
2023	1.7×	0.9×	1.7×
2022	1.0×	0.8×	1.2×
2021	0.8×	0.3×	0.8×
2020	0.3×	0.2×	0.4×

Against its peers

Companies in Oil & Gas Exploration & Production nearest Hess Midstream's size, closest first, today.

Company	Price to sales ratio
HESMHess Midstream	2.4×
PARRPAR Pacific	0.4×
CRKComstock Resources	1.9×
BSMBlack Stone Minerals	6.9×
GPORGulfport Energy	1.9×
CNXCNX Resources	2.1×
LBLandBridge Co LLC	27.1×
MGYMagnolia Oil & Gas	4.2×
MURMurphy Oil	2.1×
BKVBKV	1.9×
MTDRMatador Resources	2.0×
Peer median	2.1×

Where Hess Midstream ranks

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

More on Hess Midstream

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.