Compare · HESM vs OKE
HESM vs OKE
Side-by-side comparison of Hess Midstream LP (HESM) and ONEOK Inc. (OKE): market cap, price performance, sector, and recent activity on the wire.
Summary
- HESM operates in Energy, while OKE operates in Utilities - the two are in different parts of the market.
- OKE is the larger of the two at $54.37B, about 11.4x HESM ($4.78B).
- Over the past year, HESM is down 2.1% and OKE is up 8.1% - OKE leads by 10.2 points.
- OKE has been more active in the news (3 items in the past 4 weeks vs 1 for HESM).
- OKE has more recent analyst coverage (25 ratings vs 21 for HESM).
Hess Midstream LP
Hess Midstream LP owns, develops, operates, and acquires midstream assets. The company operates through three segments: Gathering; Processing and Storage; and Terminaling and Export. The Gathering segment owns natural gas gathering and crude oil gathering systems; and produced water gathering and disposal facilities. Its gathering systems consists of approximately 1,350 miles of high and low pressure natural gas and natural gas liquids gathering pipelines with capacity of approximately 450 million cubic feet per day; and crude oil gathering system comprises approximately 550 miles of crude oil gathering pipelines. The Processing and Storage segment comprises Tioga Gas Plant, a natural gas processing and fractionation plant located in Tioga, North Dakota; a 50% interest in the Little Missouri 4 gas processing plant located in south of the Missouri River in McKenzie County, North Dakota; and Mentor Storage Terminal, a propane storage cavern and rail, and truck loading and unloading facility located in Mentor, Minnesota. The Terminaling and Export segment owns Ramberg terminal facility; Tioga rail terminal; and crude oil rail cars, as well as Johnson's Corner Header System, a crude oil pipeline header system. Hess Midstream LP was founded in 2014 and is based in Houston, Texas.
ONEOK Inc.
ONEOK, Inc., together with its subsidiaries, engages in gathering, processing, storage, and transportation of natural gas in the United States. It operates through Natural Gas Gathering and Processing, Natural Gas Liquids, and Natural Gas Pipelines segments. The company owns natural gas gathering pipelines and processing plants in the Mid-Continent and Rocky Mountain regions. It also gathers, treats, fractionates, and transports natural gas liquids (NGL), as well as stores, markets, and distributes NGL products. The company owns NGL gathering and distribution pipelines in Oklahoma, Kansas, Texas, New Mexico, Montana, North Dakota, Wyoming, and Colorado; terminal and storage facilities in Kansas, Missouri, Nebraska, Iowa, and Illinois; and NGL distribution and refined petroleum products pipelines in Kansas, Missouri, Nebraska, Iowa, Illinois, and Indiana, as well as owns and operates truck- and rail-loading, and -unloading facilities connected to NGL fractionation, storage, and pipeline assets. In addition, it operates regulated interstate and intrastate natural gas transmission pipelines and natural gas storage facilities. Further, the company owns and operates a parking garage in downtown Tulsa, Oklahoma; and leases excess office space. It operates 18,900 miles of natural gas gathering pipelines; 1,500 miles of FERC-regulated interstate natural gas pipelines; 5,100 miles of state-regulated intrastate transmission pipeline; and 6 NGL storage facilities. It serves integrated and independent exploration and production companies; NGL and natural gas gathering and processing companies; crude oil and natural gas production companies; propane distributors; municipalities; ethanol producers; and petrochemical, refining, and NGL marketing companies, as well as natural gas distribution companies, electric generation facilities, industrial companies, producers, processors, and marketing companies. The company was founded in 1906 and is headquartered in Tulsa, Oklahoma.
Latest HESM
- Hess Midstream Partners downgraded by Morgan Stanley with a new price target
- SEC Form SCHEDULE 13G filed by Hess Midstream LP
- SEC Form 10-Q filed by Hess Midstream LP
- Hess Midstream LP filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
- Hess Midstream LP Reports Estimated Results for the First Quarter of 2026
- Hess Midstream LP Announces Distribution Per Share Level Increase
- Hess Midstream Partners downgraded by Goldman with a new price target
- Amendment: SEC Form SCHEDULE 13G/A filed by Hess Midstream LP
- Hess Midstream LP Schedules Earnings Release Conference Call
- Chief Executive Officer Stein Jonathan C. converted options into 2,066 units of Class A Shares and covered exercise/tax liability with 1,048 units of Class A Shares, increasing direct ownership by 2% to 60,963 units (SEC Form 4)
Latest OKE
- SEC Form S-3ASR filed by ONEOK Inc.
- SEC Form S-3ASR filed by ONEOK Inc.
- Officer Spears Mary M gifted 1,000 shares, decreasing direct ownership by 4% to 27,353 units (SEC Form 4)
- ONEOK to Participate in Investor Conference
- Director Rodriguez Eduardo A was granted 1,476 shares, increasing direct ownership by 5% to 29,972 units (SEC Form 4)
- Director Owodunni Precious W was granted 1,845 shares, increasing direct ownership by 254% to 2,572 units (SEC Form 4)
- Director Helderman Mark W was granted 3,039 shares, increasing direct ownership by 9% to 38,704 units (SEC Form 4)
- Director Mccollum Mark A was granted 1,845 shares, increasing direct ownership by 254% to 2,572 units (SEC Form 4)
- Director Edwards Julie H was granted 1,845 shares, increasing direct ownership by 3% to 68,630 units (SEC Form 4)
- SEC Form 4 filed by Director Gobillot Lori