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Hess Midstream LP

Common Name
Hess Midstream
Country
United States
Sector
Energy
Industry
Oil & Gas Midstream
Employees
N/A
Ticker
HESM
Exchange
New York Stock Exchange
Description
Hess Midstream LP is a publicly traded infrastructure company specializing in the ownership and operation of midstream assets, which are essential components in the energy sector. Its primary role inv...

Hess Midstream's Energy Data Preview

In 2024, Hess Midstream disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Hess Midstream disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Metric (GJ)2024202320222021-2019
Total Energy Consumption
7,977,000a
7,679,000a
6,673,000a
Non-Renewable Energy Consumption
4,899,000a
N/AN/A
Renewable Energy Consumption
3,078,000a
2,574,000a
2,268,000a
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Verified Sources Behind Hess Midstream’s Energy Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Hess Midstream's Sustainability Report 2024

Insights into Hess Midstream's Energy Renewability

In 2024, Hess Midstream consumed a total of 7.98 million Gigajoules of energy across its operations. Of this total, 38.59% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 61.41% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a

Hess Midstream's Energy Renewability Rate

39%

How much of Hess Midstream's energy consumed is renewable?

In 2024, Hess Midstream consumed a total of 7.98 million Gigajoules of energy, of which 38.59% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a

This moderate level of renewable energy adoption indicates that Hess Midstream is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Hess Midstream's energy practices becoming more sustainable?

Since 2020, Hess Midstream's total energy consumption increased by 12.9%, including a 3.88% increase in 2024, reflecting a sustained rise in overall energy demand.a

Over the same period, the share of renewable energy in Hess Midstream's consumption increased by 57.45%, including a 15.11% increase in 2024, showing consistent progress in clean energy adoption.a

Overall, Hess Midstream has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.

Hess Midstream's Renewable vs Non-renewable Energy Over Time

5.39 M2.39 M611.1 k5.39 MGigajoules (GJ)2024202320222021202039%61%
  • Renewable Energy Consumption
  • Non-Renewable Energy Consumption
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