Shares of Hess Midstream LP Class A Share (NYSE:HESM) traded today at $25.71, eclipsing its 52-week high. Approximately 61,000 shares have changed hands today, as compared to an average 30-day volume of 248,000 shares.
Hess Midstream LP Class A Share (NYSE:HESM) is currently priced 5.9% above its average consensus analyst price target of $24.05.
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.
In the past 52 weeks, Hess Midstream LP Class A Share share prices are bracketed by a low of $14.56 and a high of $25.71 and is now at $25.55, 75% above that low price.
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