Enbridge (ENB) 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
Hess Midstream (HESM) has outperformed Enbridge (ENB) over the past year, gaining 1.7% versus a loss of 5.1%. Over five years, HESM leads with a +24.0% price change compared with +9.4% for ENB. Enbridge is the larger company by market cap ($103.73 billion vs $7.01 billion), about 14.8 times the size.
On valuation, Hess Midstream trades at a lower forward P/E (10.9x vs 20.7x for Enbridge). Hess Midstream offers the higher dividend yield (9.08% vs 8.23%).
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 | ENB | HESM |
|---|---|---|
| Share price | $46.54 | $34.00 |
| Market cap | $103.73B | $7.01B |
| 1-day change | +1.42% | +2.94% |
| YTD return | -2.70% | -1.45% |
| 1-year return | -5.08% | +1.71% |
| 5-year return | +9.35% | +23.95% |
| P/E ratio (TTM) | 24.89 | 11.72 |
| Forward P/E | 20.66 | 10.95 |
| EPS (TTM) | $1.87 | $2.90 |
| Dividend yield | 8.23% | 9.08% |
| Annual dividend | $3.83 | $3.09 |
| Revenue (latest FY) | — | $1.62B |
| Revenue growth (YoY) | — | +8.41% |
| Net income (latest FY) | — | $352.90M |
| Operating margin | — | 62.18% |
| Net margin | — | 21.77% |
| 52-week high | $58.45 | $41.44 |
| 52-week low | $45.03 | $31.63 |
| Distance from 52-week high | -20.38% | -17.95% |
| Analyst consensus | buy | underperform |
| Avg. price target upside | +10.12% | +10.29% |
| Average volume | 4.92M | 1.46M |
| Shares outstanding | 2.23B | 128.35M |
| Employees | 14,800 | — |
| Sector | Energy | Energy |
| Industry | Oil & Gas Midstream | Oil & Gas Midstream |
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
- Enbridge is about 14.8 times larger than Hess Midstream by market value ($103.73B vs $7.01B).
- Enbridge trades at a higher earnings multiple (24.9x vs 11.7x trailing P/E).
About Enbridge
ENB stock →Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
Energy · Oil & Gas Midstream · 14,800 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 Midstream
ENB vs HESM FAQ
Which is bigger, Enbridge or Hess Midstream?
Enbridge (ENB) is larger, with a market capitalization of $103.73B compared with $7.01B for Hess Midstream (HESM).
Which stock has performed better over the past year, ENB or HESM?
HESM returned +1.71% over the past 12 months, compared with -5.08% for ENB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENB or HESM?
HESM has the lower trailing P/E at 11.7, versus 24.9 for ENB. 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, Enbridge or Hess Midstream?
Hess Midstream has the higher yield at 9.08%, compared with 8.23% for Enbridge.
Are Enbridge and Hess Midstream in the same industry?
Yes. Both are classified in the Oil & Gas Midstream industry within the Energy sector.