Hess Midstream LP Class A Share (NYSE:HESM) traded today at a new 52-week high of $34.42. This new high was reached on below average trading volume as 96,000 shares traded hands, while the average 30-day volume is approximately 550,000 shares.
Hess Midstream LP owns, operates, develops, and acquires a diverse set of midstream assets and provides fee-based services to Hess and third-party customers. It conducts its business through three operating segments: gathering, processing and storage and terminaling and export. The company derives the maximum revenue from the gathering segment. Its gathering segment consists of the following assets namely Natural Gas Gathering and Compression; Crude Oil Gathering and Produced Water Gathering and Disposal.
Hess Midstream LP Class A Share (NYSE:HESM) is currently priced 20.3% above its average consensus analyst price target of $27.25.
Hess Midstream LP Class A Share share prices have moved between a 52-week high of $34.42 and a 52-week low of $20.36 and are now trading 68% above that low price at $34.17 per share.
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