Hess Midstream (HESM) vs Murphy Oil (MUR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Murphy Oil (MUR) has outperformed Hess Midstream (HESM) over the past year, gaining 23.8% versus a loss of 0.9%. Over five years, MUR leads with a +30.6% price change compared with +20.4% for HESM. Hess Midstream is the larger company by market cap ($6.81 billion vs $5.34 billion), about 1.3 times the size.
On valuation, Hess Midstream trades at a lower forward P/E (10.6x vs 11.7x for Murphy Oil). Hess Midstream offers the higher dividend yield (9.35% vs 3.62%). Hess Midstream converts more of its revenue into profit, with a net margin of 21.8% versus 3.8%.
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 | MUR |
|---|---|---|
| Share price | $33.03 | $37.25 |
| Market cap | $6.81B | $5.34B |
| 1-day change | -14.63% | -1.43% |
| YTD return | -4.26% | +19.20% |
| 1-year return | -0.90% | +23.80% |
| 5-year return | +20.42% | +30.61% |
| P/E ratio (TTM) | 13.32 | 18.72 |
| Forward P/E | 10.63 | 11.71 |
| EPS (TTM) | $2.48 | $1.99 |
| Dividend yield | 9.35% | 3.62% |
| Annual dividend | $3.09 | $1.35 |
| Revenue (latest FY) | $1.62B | $2.72B |
| Revenue growth (YoY) | +8.41% | -10.22% |
| Net income (latest FY) | $352.90M | $104.23M |
| Gross margin | — | 100.00% |
| Operating margin | 62.18% | 11.08% |
| Net margin | 21.77% | 3.83% |
| 52-week high | $41.44 | $43.34 |
| 52-week low | $31.63 | $26.49 |
| Distance from 52-week high | -20.29% | -14.05% |
| Analyst consensus | underperform | hold |
| Avg. price target upside | +13.53% | +7.95% |
| Average volume | 1.23M | 1.66M |
| Shares outstanding | 128.35M | 143.35M |
| Employees | — | 813 |
| 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
- MUR has outperformed HESM by 24.7 percentage points over the past year.
- Murphy Oil trades at a higher earnings multiple (18.7x vs 13.3x trailing P/E).
- Hess Midstream offers a meaningfully higher dividend yield (9.35% vs 3.62%).
- Hess Midstream is more profitable, keeping 21.8 cents of every revenue dollar as net income versus 3.8 cents for Murphy Oil.
- Hess Midstream grew revenue faster in its latest fiscal year (+8.41% vs -10.22%).
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 Murphy Oil
MUR stock →Murphy Oil Corporation, together with its subsidiaries, operates as an oil and gas exploration and production company in the United States, Canada, and internationally. It explores for and produces crude oil, natural gas, and natural gas liquids.
Energy · Oil & Gas Production · 813 employees
HESM vs MUR FAQ
Which is bigger, Hess Midstream or Murphy Oil?
Hess Midstream (HESM) is larger, with a market capitalization of $6.81B compared with $5.34B for Murphy Oil (MUR).
Which stock has performed better over the past year, HESM or MUR?
MUR returned +23.80% 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 MUR?
HESM has the lower trailing P/E at 13.3, versus 18.7 for MUR. 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 Murphy Oil?
Hess Midstream has the higher yield at 9.35%, compared with 3.62% for Murphy Oil.
Are Hess Midstream and Murphy Oil in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.