Timothy Goodell - Hess Midstream General Counsel, Secretary of the General Partner

HESM Stock  USD 37.31  0.18  0.48%   

Executive

Mr. Timothy B. Goodell II., is General Counsel, Secretary Officer of Hess Midstream Partners GP LLC, General partner of the company since July 2014. Mr. Goodell has served as Senior Vice President and General Counsel of Hess since January 2009. We expect that Mr. Goodell will devote the majority of his time to his roles at Hess and will also spend time, as needed, devoted to our business and affairs. Prior to joining Hess, Mr. Goodell served as a partner at the law firm of White Case LLP, where his practice concentrated in the areas of mergers and acquisitions and securities, as well as general corporate and corporate governance matters. since 2014.
Age 67
Tenure 10 years
Address 1501 McKinney Street, Houston, TX, United States, 77010
Phone713 496 4200
Webhttps://www.hessmidstream.com

Hess Midstream Management Efficiency

The company has return on total asset (ROA) of 0.1398 % which means that it generated a profit of $0.1398 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.4422 %, meaning that it created $1.4422 on every $100 dollars invested by stockholders. Hess Midstream's management efficiency ratios could be used to measure how well Hess Midstream manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hess Midstream's Return On Tangible Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Capital Employed is likely to grow to 0.24, while Return On Equity is likely to drop 0.33. At this time, Hess Midstream's Non Currrent Assets Other are very stable compared to the past year. As of the 28th of November 2024, Other Assets is likely to grow to about 228.5 M, while Non Current Assets Total are likely to drop about 2.8 B.
Hess Midstream Partners currently holds 3.21 B in liabilities with Debt to Equity (D/E) ratio of 6.03, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Hess Midstream Partners has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Hess Midstream's use of debt, we should always consider it together with its cash and equity.

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Hess Midstream LP owns, develops, operates, and acquires midstream assets. Hess Midstream LP was founded in 2014 and is based in Houston, Texas. Hess Midstream is traded on New York Stock Exchange in the United States. Hess Midstream Partners (HESM) is traded on New York Stock Exchange in USA. It is located in 1501 McKinney Street, Houston, TX, United States, 77010 and employs 9 people. Hess Midstream is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Hess Midstream Partners Leadership Team

Elected by the shareholders, the Hess Midstream's board of directors comprises two types of representatives: Hess Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hess. The board's role is to monitor Hess Midstream's management team and ensure that shareholders' interests are well served. Hess Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hess Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jennifer Gordon, IR Contact Officer
John Gatling, COO of the General Partner
Michael Frailey, VP LLC
Jonathan Stein, CFO of the General Partner
Timothy Goodell, General Counsel, Secretary of the General Partner
Timothy JD, General LLC
John Hess, Chairman of the Board, CEO of the General Partner
John Rielly, Vice President Director of the General Partner
John CPA, VP LLC

Hess Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Hess Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.115
Dividend Share
2.638
Earnings Share
2.36
Revenue Per Share
18.19
Quarterly Revenue Growth
0.042
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.