Hess Midstream Cleared the Hurdle — A Tactical Long on Yield and Cash Flow
Hess Midstream (HESM) just navigated the stress test skeptics expected it to fail: it paid its quarterly distribution on 08/14/2026 while reporting strong free cash flow and attractive valuation metrics. With an elevated yield (~7.6-8%), EV/EBITDA around 7.2, and free cash flow of $795.8M, the setup today favors a tactical long over the next 45 tra…