Hess Midstream Partners LP is in the oil and gas midstream industry and is in the energy sector. The company CEO is John B. Hess. Hess Midstream Partners LP owns, operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third-party customers. Its segments are Gathering, Processing and Storage and Terminaling and Export.



Previous Intraday Performance:

The HESM shares had a previous change of 0.57% which opened at 19.42 and closed at 19.50. It moved to an intraday high of 19.70 and a low of 19.42.

SeekingAlpha:  Week Thoughts: Oil Drops, IPO Pops

Historical Performance:

Over the last five trading days, HESM shares returned -0.10% and in the past 30 trading days it returned -13.27%. Over three months, it changed -13.72%. In one year it has changed 0.12% and within that year its 52 week high was 24.51 and its 52 week low was 16.17. HESM stock is 20.59% above its 52 week low.

Our calculations result in a 200 day moving average of 20.75 and a 50 day moving average of 20.91. Right now, HESM stock is trading -6.00% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  Week Thoughts: Oil Drops, IPO Pops

Liquidity:

The company has a market cap of $1.1b with 54.6m shares outstanding and a float of 54.5m shares. Trading volume was 52,089 shares and has experienced an average volume of 72,115 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Hess Midstream Partners LP was 1.27 which ended on 31st of December 2018, which according to the previous close, that is a PE of 15.35. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.32. The trailing twelve month EPS reported is 1.27 (trailing twelve month diluted EPS is 1.29).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 04-25-2019: 0.32
4thQtr 2018Reported 01-30-2019: 0.31
3rdQtr 2018Reported 10-31-2018: 0.34
2ndQtr 2018 0.32
1stQtr 2018 0.30

Base on our calculations, the intrinsic value per share is 97.52, which means it might be undervalued and has a margin of safety of 80.00%.

EPS growth is an important number as it indicates the future prospects of Hess Midstream Partners LP; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 14.70% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 28.80% of institutional ownership. Short-interest was 62,121, which was 0.11% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.85. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.60.

SeekingAlpha:  UK regulator to open more BT infrastructure for fiber

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 2.63%, profit margin is 56.21%, price-to-sales is 1.56 and price-to-book is 2.06.

Company Score Card:

Results are out of six:
 4  : Growth Expectations Result
 6  : Financial Safety Result
 3  : Past Performance Result
 4  : Valuation Result
 2  : Dividend Safety Result
 3  : Overall Result

Related Tags: , , ,

Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

LEAVE A REPLY

Please enter your comment!
Please enter your name here