Shares of Hess Midstream LP Class A Share (NYSE:HESM) traded at a new 52-week high today of $30.50. This new high was reached on below average trading volume as 68,000 shares traded hands, while the average 30-day volume is approximately 408,000 shares.
Based on a current price of $30.43, Hess Midstream LP Class A Share is currently 20.4% above its average consensus analyst price target of $24.23.
In the past 52 weeks, Hess Midstream LP Class A Share share prices are bracketed by a low of $20.36 and a high of $30.50 and is now at $30.43, 49% above that low price.
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.
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