Hess Midstream (HESM) vs KNOT Offshore Partners (KNOP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
KNOT Offshore Partners (KNOP) has outperformed Hess Midstream (HESM) over the past year, gaining 21.4% versus a gain of 1.7%. Over five years, HESM leads with a +24.0% price change compared with -47.8% for KNOP. Hess Midstream is the larger company by market cap ($6.81 billion vs $356.1 million), about 19.1 times the size.
On valuation, Hess Midstream trades at a lower forward P/E (10.6x vs 14.8x for KNOT Offshore Partners). Hess Midstream offers the higher dividend yield (9.34% vs 1.72%).
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 | HESM | KNOP |
|---|---|---|
| Share price | $33.05 | $10.31 |
| Market cap | $6.81B | $356.14M |
| 1-day change | -2.81% | -0.70% |
| YTD return | -1.45% | +0.29% |
| 1-year return | +1.71% | +21.40% |
| 5-year return | +23.95% | -47.84% |
| P/E ratio (TTM) | 11.39 | 73.62 |
| Forward P/E | 10.64 | 14.83 |
| EPS (TTM) | $2.90 | $0.14 |
| Dividend yield | 9.34% | 1.72% |
| Annual dividend | $3.09 | $0.177 |
| 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 | $41.44 | $11.78 |
| 52-week low | $31.63 | $8.00 |
| Distance from 52-week high | -20.26% | -12.50% |
| Analyst consensus | underperform | strong_buy |
| Avg. price target upside | +13.48% | +40.68% |
| Average volume | 1.46M | 44.36K |
| Shares outstanding | 128.35M | 33.66M |
| Employees | — | 1 |
| Sector | Energy | Consumer Discretionary |
| Industry | Oil & Gas Production | Marine Transportation |
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
- Hess Midstream is about 19.1 times larger than KNOT Offshore Partners by market value ($6.81B vs $356.14M).
- KNOP has outperformed HESM by 19.7 percentage points over the past year.
- KNOT Offshore Partners trades at a higher earnings multiple (73.6x vs 11.4x trailing P/E).
- Hess Midstream offers a meaningfully higher dividend yield (9.34% vs 1.72%).
- The two companies sit in different sectors: Hess Midstream in Energy and KNOT Offshore Partners in Consumer Discretionary.
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
About KNOT Offshore Partners
KNOP stock →KNOT Offshore Partners LP, together with its subsidiaries, acquires, owns, and operates shuttle tankers in the United Kingdom and Brazil. The company loads, transports, condensates, and discharges crude oil from offshore oil field installations to onshore terminals and refineries.
Consumer Discretionary · Marine Transportation · 1 employees
HESM vs KNOP FAQ
Which is bigger, Hess Midstream or KNOT Offshore Partners?
Hess Midstream (HESM) is larger, with a market capitalization of $6.81B compared with $356.14M for KNOT Offshore Partners (KNOP).
Which stock has performed better over the past year, HESM or KNOP?
KNOP returned +21.40% over the past 12 months, compared with +1.71% for HESM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HESM or KNOP?
HESM has the lower trailing P/E at 11.4, versus 73.6 for KNOP. 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, Hess Midstream or KNOT Offshore Partners?
Hess Midstream has the higher yield at 9.34%, compared with 1.72% for KNOT Offshore Partners.
Are Hess Midstream and KNOT Offshore Partners in the same industry?
No. Hess Midstream is in the Energy sector, while KNOT Offshore Partners is in Consumer Discretionary.