Crescent Energy (CRGY) vs Hess Midstream (HESM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Crescent Energy (CRGY) has outperformed Hess Midstream (HESM) over the past year, gaining 41.3% versus a loss of 1.5%. Hess Midstream is the larger company by market cap ($6.65 billion vs $4.98 billion), about 1.3 times the size, while Crescent Energy is growing revenue faster (+22.1% vs +8.4%). On valuation, Crescent Energy trades at a lower forward P/E (5.4x vs 10.4x for Hess Midstream).
Hess Midstream offers the higher dividend yield (9.57% vs 3.79%). Hess Midstream converts more of its revenue into profit, with a net margin of 21.8% versus 3.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRGY | HESM |
|---|---|---|
| Share price | $12.66 | $32.26 |
| Market cap | $4.98B | $6.65B |
| 1-day change | -2.69% | -5.12% |
| YTD return | +50.89% | -6.49% |
| 1-year return | +41.29% | -1.53% |
| 5-year return | — | +17.61% |
| P/E ratio (TTM) | 115.09 | 11.73 |
| Forward P/E | 5.44 | 10.39 |
| EPS (TTM) | $0.11 | $2.75 |
| Dividend yield | 3.79% | 9.57% |
| Annual dividend | $0.48 | $3.09 |
| Revenue (latest FY) | $3.58B | $1.62B |
| Revenue growth (YoY) | +22.14% | +8.41% |
| Net income (latest FY) | $132.91M | $352.90M |
| Operating margin | 6.40% | 62.18% |
| Net margin | 3.71% | 21.77% |
| 52-week high | $15.47 | $41.44 |
| 52-week low | $7.68 | $31.63 |
| Distance from 52-week high | -18.16% | -22.15% |
| Analyst consensus | buy | underperform |
| Avg. price target upside | +37.99% | +16.24% |
| Average volume | 6.00M | 1.48M |
| Shares outstanding | 330.40M | 128.35M |
| Employees | 1,066 | — |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CRGY has outperformed HESM by 42.8 percentage points over the past year.
- Crescent Energy trades at a higher earnings multiple (115.1x vs 11.7x trailing P/E).
- Hess Midstream offers a meaningfully higher dividend yield (9.57% vs 3.79%).
- Hess Midstream is more profitable, keeping 21.8 cents of every revenue dollar as net income versus 3.7 cents for Crescent Energy.
- Crescent Energy grew revenue faster in its latest fiscal year (+22.14% vs +8.41%).
About Crescent Energy
CRGY stock →Crescent Energy Company engages in the exploration and production of crude oil, natural gas, and natural gas liquids in the United States. The company's activities focused in Eagle Ford, Permian, and Uinta Basins.
Energy · Oil & Gas Production · 1,066 employees
About Hess Midstream
HESM stock →Hess Midstream LP acquires, owns, operates, and develops midstream assets and provide fee-based services to sponsor, its subsidiaries, and third-party customers in the United States. It operates through three segments: Gathering; Processing and Storage; and Terminaling and Export.
Energy · Oil & Gas Production
CRGY vs HESM FAQ
Which is bigger, Crescent Energy or Hess Midstream?
Hess Midstream (HESM) is larger, with a market capitalization of $6.65B compared with $4.98B for Crescent Energy (CRGY).
Which stock has performed better over the past year, CRGY or HESM?
CRGY returned +41.29% over the past 12 months, compared with -1.53% for HESM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CRGY or HESM?
HESM has the lower trailing P/E at 11.7, versus 115.1 for CRGY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Crescent Energy or Hess Midstream?
Hess Midstream has the higher yield at 9.57%, compared with 3.79% for Crescent Energy.
Are Crescent Energy and Hess Midstream in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.