Hess Midstream (HESM) vs Matador Resources (MTDR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Matador Resources (MTDR) has outperformed Hess Midstream (HESM) over the past year, gaining 19.4% versus a loss of 0.9%. Over five years, MTDR leads with a +27.0% price change compared with +20.4% for HESM. Hess Midstream is the larger company by market cap ($6.96 billion vs $6.70 billion), about 1.0 times the size.
On valuation, Matador Resources trades at a lower forward P/E (5.9x vs 10.9x for Hess Midstream). Hess Midstream offers the higher dividend yield (9.14% vs 2.66%). Hess Midstream converts more of its revenue into profit, with a net margin of 21.8% versus 20.5%.
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 | MTDR |
|---|---|---|
| Share price | $33.78 | $54.12 |
| Market cap | $6.96B | $6.70B |
| 1-day change | +2.27% | +2.40% |
| YTD return | -4.26% | +24.53% |
| 1-year return | -0.90% | +19.38% |
| 5-year return | +20.42% | +27.04% |
| P/E ratio (TTM) | 11.65 | 9.28 |
| Forward P/E | 10.88 | 5.91 |
| EPS (TTM) | $2.90 | $5.83 |
| Dividend yield | 9.14% | 2.66% |
| Annual dividend | $3.09 | $1.44 |
| Revenue (latest FY) | $1.62B | $3.70B |
| Revenue growth (YoY) | +8.41% | +5.46% |
| Net income (latest FY) | $352.90M | $759.22M |
| Gross margin | — | 94.37% |
| Operating margin | 62.18% | 33.18% |
| Net margin | 21.77% | 20.54% |
| 52-week high | $41.44 | $66.84 |
| 52-week low | $31.63 | $37.14 |
| Distance from 52-week high | -18.48% | -19.03% |
| Analyst consensus | underperform | strong_buy |
| Avg. price target upside | +11.01% | +29.16% |
| Average volume | 1.40M | 1.91M |
| Shares outstanding | 128.35M | 123.75M |
| Employees | — | 483 |
| 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
- MTDR has outperformed HESM by 20.3 percentage points over the past year.
- Hess Midstream trades at a higher earnings multiple (11.6x vs 9.3x trailing P/E).
- Hess Midstream offers a meaningfully higher dividend yield (9.14% vs 2.66%).
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 Matador Resources
MTDR stock →Matador Resources Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas resources in the United States. It operates through two segments, Exploration and Production; and Midstream.
Energy · Oil & Gas Production · 483 employees
HESM vs MTDR FAQ
Which is bigger, Hess Midstream or Matador Resources?
Hess Midstream (HESM) is larger, with a market capitalization of $6.96B compared with $6.70B for Matador Resources (MTDR).
Which stock has performed better over the past year, HESM or MTDR?
MTDR returned +19.38% over the past 12 months, compared with -0.90% for HESM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HESM or MTDR?
MTDR has the lower trailing P/E at 9.3, versus 11.6 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 Matador Resources?
Hess Midstream has the higher yield at 9.14%, compared with 2.66% for Matador Resources.
Are Hess Midstream and Matador Resources in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.