Hess Midstream (HESM) vs Magnolia Oil & Gas (MGY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Magnolia Oil & Gas (MGY) has outperformed Hess Midstream (HESM) over the past year, gaining 1.8% versus a gain of 1.7%. Over five years, HESM leads with a +24.0% price change compared with +20.8% for MGY. Hess Midstream is the larger company by market cap ($6.65 billion vs $6.62 billion), about 1.0 times the size.
On valuation, Magnolia Oil & Gas trades at a lower forward P/E (8.1x vs 10.4x for Hess Midstream). Hess Midstream offers the higher dividend yield (9.57% vs 2.74%). Magnolia Oil & Gas converts more of its revenue into profit, with a net margin of 24.8% versus 21.8%.
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 | MGY |
|---|---|---|
| Share price | $32.26 | $24.10 |
| Market cap | $6.65B | $6.62B |
| 1-day change | -5.12% | -1.55% |
| YTD return | -1.45% | +10.10% |
| 1-year return | +1.71% | +1.77% |
| 5-year return | +23.95% | +20.83% |
| P/E ratio (TTM) | 11.12 | 10.57 |
| Forward P/E | 10.39 | 8.07 |
| EPS (TTM) | $2.90 | $2.28 |
| Dividend yield | 9.57% | 2.74% |
| Annual dividend | $3.09 | $0.66 |
| Revenue (latest FY) | $1.62B | $1.31B |
| Revenue growth (YoY) | +8.41% | -0.31% |
| Net income (latest FY) | $352.90M | $325.25M |
| Operating margin | 62.18% | 33.48% |
| Net margin | 21.77% | 24.79% |
| 52-week high | $41.44 | $32.76 |
| 52-week low | $31.63 | $21.07 |
| Distance from 52-week high | -22.15% | -26.43% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +16.24% | +37.93% |
| Average volume | 1.46M | 5.12M |
| Shares outstanding | 128.35M | 269.17M |
| Employees | — | 262 |
| 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
- Hess Midstream offers a meaningfully higher dividend yield (9.57% vs 2.74%).
- Hess Midstream grew revenue faster in its latest fiscal year (+8.41% vs -0.31%).
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 Magnolia Oil & Gas
MGY stock →Magnolia Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings area in South Texas comprising the Eagle Ford Shale and the Austin Chalk formation.
Energy · Oil & Gas Production · 262 employees
HESM vs MGY FAQ
Which is bigger, Hess Midstream or Magnolia Oil & Gas?
Hess Midstream (HESM) is larger, with a market capitalization of $6.65B compared with $6.62B for Magnolia Oil & Gas (MGY).
Which stock has performed better over the past year, HESM or MGY?
MGY returned +1.77% 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 MGY?
MGY has the lower trailing P/E at 10.6, versus 11.1 for HESM. 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 Magnolia Oil & Gas?
Hess Midstream has the higher yield at 9.57%, compared with 2.74% for Magnolia Oil & Gas.
Are Hess Midstream and Magnolia Oil & Gas in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.