Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 12.81 as of 2026-10-02T22:05:34.779Z.
Consensus retrieved: 2026-10-02T21:59:26.542Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-02T22:05:34.779Z.
Quote observation: 2026-10-02T20:00:03.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 367db11701073cb2061209d704cd9ca0add711df8a9226b1374f3e4278d2a2a3
Forward PE Ratio (12.81) = Dated Quote Price ($37.75) / Consensus Forward EPS ($2.95)
FORWARD PE RATIO
12.81
SECTOR MEDIAN · ENERGY
12.66
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+1.22%
vs the sector median at left
Hess Midstream LP
Market Cap
$7.80B
Forward PE Ratio
12.81
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Hess Midstream LP (HESM) | $7.80B | 12.81 |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.70B | 7.28 |
| Antero Midstream Corporation (AM)vs › | $9.66B | 18.63 |
| Weatherford International plc (WFRD)vs › | $5.71B | 16.02 |
| California Resources Corp (CRC)vs › | $4.66B | 12.46 |
| Enphase Energy, Inc. (ENPH)vs › | $4.42B | 16.75 |
| Oceaneering International, Inc. (OII)vs › | $4.41B | 21.62 |
| Helmerich & Payne, Inc. (HP)vs › | $3.85B | 26.85 |
| Nextpower Inc. (NXT)vs › | $12.78B | 18.02 |
| Centrus Energy Corp. (LEU)vs › | $2.64B | 54.70 |
Trailing P/E
13.0
reported TTM EPS
Forward P/E
12.8
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.95 implies +1.7% EPS growth vs the reported trailing $2.90.
At the dated quote price of $37.75, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.95 | $2.87 – $3.06 | 3 | 12.8x |
| 2027-12-31 | $3.03 | $2.85 – $3.15 | 3 | 12.4x |
| 2028-12-31 | $3.20 | $2.73 – $3.48 | 4 | 11.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
