Is Hess Midstream LP halal to invest in?

According to Musaffa's Shariah screening methodology, Hess Midstream LP (HESM) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Hess Midstream LP a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Hess Midstream LP using these criteria to determine its compliance status.

Can Muslims buy shares of Hess Midstream LP?

Muslim investors may consider investing in Hess Midstream LP if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Hess Midstream LP classified as NOT HALAL?

Musaffa determines the Shariah status of Hess Midstream LP by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Hess Midstream LP updated?

The Shariah compliance status of Hess Midstream LP may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Hess Midstream LP become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Hess Midstream LP?

You can check the latest Shariah compliance status of Hess Midstream LP on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

HESM Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: May 12, 2026

Report Source: 2026 1st Quarter Report

Hess Midstream LP. Stock Analysis HESM

United States Energy Mid Cap Report: Q1, 2026

Hess Midstream LP engages in the ownership, development, and acquisition of midstream assets to provide services to third-party crude oil and natural gas producers. The company is headquartered in Houston, Texas and currently employs 195 full-time employees. The company went IPO on 2017-04-05. The company owns oil, gas and produces water handling assets that are located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. Its gathering segment includes Hess North Dakota Pipeline Operations LP and Hess Water Services Holdings LLC, which owns natural gas gathering and compression, crude oil gathering, and produced water gathering and disposal. Its processing and storage segment includes Hess TGP Operations LP and Hess Mentor Storage Holdings LLC, which owns Tioga gas plant, an equity investment in LM4 Joint Venture, and mentor storage terminal. Its terminaling and export segment includes Hess North Dakota Export Logistics Operations LP, which owns Ramberg Terminal Facility, Tioga Rail Terminal, Crude Oil Rail Cars, Johnson's Corner Header System, and other DAPL connections.

Key Statistics of Hess Midstream LP (HESM)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

$39.08$40.01

Today's Open

$39.45

Volume

3.39M

P/E Ratio (TTM)

23.31

52 Week Range

$31.63$44.14

Market Cap

8.14B

Avg. Volume

2.82M

Dividend Yield

4.57%

Financial Metrics & Statements of Hess Midstream LP (HESM)

FAQ's for Hess Midstream LP (HESM)

According to Musaffa’s Shariah screening methodology, Hess Midstream LP (HESM) is currently classified as NOT HALAL as of May 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.