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 2023, 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)2023202220212020 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
a
0000000
Download Hess Midstream's GHG Emissions data for free

Create your Tracenable account today and download up to 5 company datasets of your choice for free. No credit card required.

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 2023
Trace every data point back to Hess Midstream’s disclosures

Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.

Insights into Hess Midstream's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hess Midstream amounted to 792,825 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 2022, the total operational greenhouse gas (GHG) emissions of Hess Midstream increased by 14.7%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hess Midstream's Scope 1 Emissions Over Time

201920202021202220230200 k400 k600 k800 ktCO2e-13%-17%-11%+20%
  • Total Scope 1
  • Year-over-Year Change

What are Hess Midstream's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hess Midstream were 486,869 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 22.96%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Hess Midstream's Scope 1 emissions increased by 20.37%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hess Midstream's Scope 2 emissions?

In 2023, Hess Midstream reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 305,956 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 remained relatively stable, indicating that Hess Midstream 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Hess Midstream's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hess Midstream 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Hess Midstream use for Scope 2 reporting?

In 2023, 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

20192020202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

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

In 2023, Hess Midstream reported Scope 1 greenhouse gas (GHG) emissions of 486,869 tCO₂e and total revenues of USD 1,346 millions. This translates into an emissions intensity of 361.69 tCO₂e per millions USD. a

Hess Midstream's Scope 1 Emissions Intensity Compared to Peers

2,00020,000500,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1001,0005,00020,000200,000Revenues (Millions of USD)HAntero MidstreamYear: 2022Scope 1: 1,961,172 tCO2eRevenue: $M 991Scope 1 Intensity: 1,979.67 tCO2e/$MDT MidstreamYear: 2023Scope 1: 1,714,654 tCO2eRevenue: $M 922Scope 1 Intensity: 1,859.71 tCO2e/$MKinetik HoldingsYear: 2023Scope 1: 2,020,587 tCO2eRevenue: $M 1,256Scope 1 Intensity: 1,608.22 tCO2e/$MONEOKYear: 2023Scope 1: 3,700,000 tCO2eRevenue: $M 17,677Scope 1 Intensity: 209.31 tCO2e/$MArchrockYear: 2023Scope 1: 17,663 tCO2eRevenue: $M 990Scope 1 Intensity: 17.84 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MMagnolia Oil & GasYear: 2023Scope 1: 479,393 tCO2eRevenue: $M 1,227Scope 1 Intensity: 390.71 tCO2e/$MWilliams CompaniesYear: 2023Scope 1: 13,640,000 tCO2eRevenue: $M 10,907Scope 1 Intensity: 1,250.57 tCO2e/$MCheniere EnergyYear: 2023Scope 1: 9,730,770 tCO2eRevenue: $M 20,394Scope 1 Intensity: 477.14 tCO2e/$MNew Fortress EnergyYear: 2020Scope 1: 967,889 tCO2eRevenue: $M 452Scope 1 Intensity: 2,143.01 tCO2e/$MEnterprise Products PartnersYear: 2022Scope 1: 12,000,000 tCO2eRevenue: $M 58,186Scope 1 Intensity: 206.24 tCO2e/$MExcelerate EnergyYear: 2023Scope 1: 596,397 tCO2eRevenue: $M 1,159Scope 1 Intensity: 514.60 tCO2e/$MWestern Midstream PartnersYear: 2023Scope 1: 4,690,000 tCO2eRevenue: $M 3,106Scope 1 Intensity: 1,509.75 tCO2e/$MKinder MorganYear: 2024Scope 1: 15,400,000 tCO2eRevenue: $M 15,100Scope 1 Intensity: 1,019.87 tCO2e/$MMurphy OilYear: 2023Scope 1: 1,083,362 tCO2eRevenue: $M 3,449Scope 1 Intensity: 314.12 tCO2e/$MNobleYear: 2023Scope 1: 858,065 tCO2eRevenue: $M 2,589Scope 1 Intensity: 331.42 tCO2e/$MMPLXYear: 2023Scope 1: 5,400,000 tCO2eRevenue: $M 10,434Scope 1 Intensity: 517.54 tCO2e/$MTarga ResourcesYear: 2022Scope 1: 8,406,000 tCO2eRevenue: $M 20,930Scope 1 Intensity: 401.63 tCO2e/$MOceaneering InternationalYear: 2023Scope 1: 44,690 tCO2eRevenue: $M 2,425Scope 1 Intensity: 18.43 tCO2e/$MPlains GP HoldingsYear: 2023Scope 1: 832,000 tCO2eRevenue: $M 48,712Scope 1 Intensity: 17.08 tCO2e/$MMatador ResourcesYear: 2023Scope 1: 1,051,432 tCO2eRevenue: $M 2,818Scope 1 Intensity: 373.16 tCO2e/$MEnergy TransferYear: 2020Scope 1: 12,158,505 tCO2eRevenue: $M 38,954Scope 1 Intensity: 312.12 tCO2e/$MHHHess MidstreamYear: 2023Scope 1: 486,869 tCO2eRevenue: $M 1,346Scope 1 Intensity: 361.69 tCO2e/$M

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

In 2023, Hess Midstream reported a Scope 1 emissions intensity of 361.69 tCO₂e per millions USD. Compared to the peer group median of 396.17, 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 2023, Hess Midstream ranked 10 out of 22 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

Want Full Access to Hess Midstream's GHG Emissions Dataset?
Sign Up