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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, INC.
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 GHG Emissions Data Preview

In 2024, Hess Midstream completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Hess Midstream has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202420232022
2021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Hess Midstream’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Hess Midstream’s Greenhouse Gas (GHG) Emissions 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. Explore Hess Midstream’s data sources below and access millions more through our Disclosure Search.

a. Hess Midstream's Sustainability Report 2024
b. Hess Midstream's Sustainability Report 2023

Insights into Hess Midstream's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hess Midstream amounted to 839,003 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hess Midstream increased by 5.82%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Hess Midstream's Scope 1 Emissions Over Time

2019202020212022202320240200 k400 k600 k800 ktCO2e-13%-17%-11%+20%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Hess Midstream's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hess Midstream were 479,446 metric tons of CO₂ equivalent (tCO₂e).a

Has Hess Midstream reduced its Scope 1 emissions over time?

Since 2019, Hess Midstream's Scope 1 emissions have decreased by 24.14%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Hess Midstream's Scope 1 emissions decreased by 1.52%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Hess Midstream's Scope 2 emissions?

In 2024, Hess Midstream reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 359,557 tCO₂e using the location-based method.a

Has Hess Midstream reduced its Scope 2 emissions over time?

Since 2019, Hess Midstream's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 20.48%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Hess Midstream's Scope 2 emissions (Location-Based) rose by 17.52% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Hess Midstream use for Scope 2 reporting?

In 2024, Hess Midstream reported its Scope 2 emissions using the market-based method and using the location-based method.a

Hess Midstream's Scope 2 Emissions Over Time

201920202021202220232024090 k180 k270 k360 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hess Midstream’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hess Midstream reported Scope 1 greenhouse gas (GHG) emissions of 479,446 tCO₂e and total revenues of USD 1,492 millions. This translates into an emissions intensity of 321.37 tCO₂e per millions USD.a

Hess Midstream's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)GHAntero MidstreamYear: 2024Scope 1: 2,002,955 tCO2eRevenue: $M 1,177Scope 1 Intensity: 1,701.94 tCO2e/$MTidewaterYear: 2024Scope 1: 1,129,008 tCO2eRevenue: $M 1,346Scope 1 Intensity: 838.89 tCO2e/$MDT MidstreamYear: 2024Scope 1: 1,612,970 tCO2eRevenue: $M 981Scope 1 Intensity: 1,644.21 tCO2e/$MKinetik HoldingsYear: 2024Scope 1: 2,377,360 tCO2eRevenue: $M 1,483Scope 1 Intensity: 1,603.15 tCO2e/$MONEOKYear: 2024Scope 1: 3,900,000 tCO2eRevenue: $M 21,698Scope 1 Intensity: 179.74 tCO2e/$MOil States InternationalYear: 2024Scope 1: 18,094 tCO2eRevenue: $M 693Scope 1 Intensity: 26.13 tCO2e/$MArchrockYear: 2024Scope 1: 19,797 tCO2eRevenue: $M 1,158Scope 1 Intensity: 17.10 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MWilliams CompaniesYear: 2024Scope 1: 13,389,356 tCO2eRevenue: $M 10,503Scope 1 Intensity: 1,274.81 tCO2e/$MCheniere EnergyYear: 2024Scope 1: 11,142,029 tCO2eRevenue: $M 15,703Scope 1 Intensity: 709.55 tCO2e/$MNew Fortress EnergyYear: 2023Scope 1: 947,243 tCO2eRevenue: $M 2,413Scope 1 Intensity: 392.51 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2024Scope 1: 579,252 tCO2eRevenue: $M 851Scope 1 Intensity: 680.32 tCO2e/$MNational Fuel GasYear: 2024Scope 1: 1,508,319 tCO2eRevenue: $M 1,945Scope 1 Intensity: 775.56 tCO2e/$MWestern Midstream PartnersYear: 2024Scope 1: 9,140,000 tCO2eRevenue: $M 3,605Scope 1 Intensity: 2,535.21 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MGGGlobal PartnersYear: 2024Scope 1: 42,584 tCO2eRevenue: $M 17,163Scope 1 Intensity: 2.48 tCO2e/$MMPLXYear: 2024Scope 1: 6,300,000 tCO2eRevenue: $M 10,904Scope 1 Intensity: 577.77 tCO2e/$MTarga ResourcesYear: 2024Scope 1: 10,200,000 tCO2eRevenue: $M 16,382Scope 1 Intensity: 622.65 tCO2e/$MPlains GP HoldingsYear: 2024Scope 1: 836,000 tCO2eRevenue: $M 50,073Scope 1 Intensity: 16.70 tCO2e/$MInternational SeawaysYear: 2023Scope 1: 1,906,017 tCO2eRevenue: $M 1,072Scope 1 Intensity: 1,778.37 tCO2e/$MEnergy TransferYear: 2023Scope 1: 19,544,494 tCO2eRevenue: $M 78,586Scope 1 Intensity: 248.70 tCO2e/$MHHHess MidstreamYear: 2024Scope 1: 479,446 tCO2eRevenue: $M 1,492Scope 1 Intensity: 321.37 tCO2e/$M

How does Hess Midstream's GHG emissions intensity compare to its peers?

In 2024, Hess Midstream reported a Scope 1 emissions intensity of 321.37 tCO₂e per millions USD. Compared to the peer group median of 622.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Hess Midstream rank on GHG emissions intensity within its industry?

In 2024, Hess Midstream ranked 9 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Hess Midstream is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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