Hess Midstream LP (HESM) has a ROE of 98.43%, above the Energy sector average of 14.33%.
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Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Hess Midstream LP posts a ROE of 98.43%. That is above the Energy sector average of 14.33%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Energy stocks, a ROE near 14.33% is typical. Hess Midstream LP's 98.43% is higher that level. That is roughly 586.8% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Hess Midstream LP's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 98.43%; use YoY and peer views to separate noise from signal.
Context for HESM's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 14.33%), and (3) consistency with growth and profitability. This page covers the first two; Hess Midstream LP's other metric pages and overview cover the third.
Judging Hess Midstream LP against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in ROE easier to interpret. Start with 98.43% here, then scan peer and history charts to see if the gap is persistent.