Hess Midstream LP HESM
$39.14 $0.04 (0.10%) 1D
Last Updated: Aug 21, 12:00 AM·NYSE
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HESM Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Hess Midstream LP is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Hess Midstream LP. Stock Analysis HESM
United States Energy Mid Cap 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.
Hess Midstream LP (HESM) Chart
Financial Metrics & Statements of Hess Midstream LP (HESM)
FAQ's for Hess Midstream LP (HESM)
- As of August 2026, Hess Midstream LP HESM is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- 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.
- 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.
- 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.
- The Shariah compliance status of Hess Midstream LP may be updated periodically when new financial statements, earnings reports, or business activity information become available.
- 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.
- 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.
Alternate Halal Stocks for Hess Midstream LP (HESM)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
