Hess Midstream owns, operates, develops and acquires a set of midstream assets and provides services to Hess Corporation and third-party customers. Co.'s assets are primarily located in the Bakken and Three Forks shale plays in the Williston Basin area of North Dakota. Co. is engaged in gathering, compressing and processing natural gas and fractionating natural gas liquids (NGLs); gathering, terminaling, loading and transporting crude oil and NGLs; storing and terminaling propane; and gathering and disposing of produced water. Co.'s segments include: gathering, processing and storage and terminaling and export. The HESM stock yearly return is shown above.
The yearly return on the HESM stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2020 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the HESM annual return calculation with any dividends reinvested as applicable (on ex-dates).
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