Hess Midstream (HESM) vs Patterson-UTI Energy (PTEN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Patterson-UTI Energy (PTEN) has outperformed Hess Midstream (HESM) over the past year, gaining 94.6% versus a gain of 1.7%. Over five years, PTEN leads with a +26.4% price change compared with +24.0% for HESM. Hess Midstream is the larger company by market cap ($7.01 billion vs $4.38 billion), about 1.6 times the size.
On valuation, Hess Midstream trades at a lower forward P/E (10.9x vs 32.7x for Patterson-UTI Energy). Hess Midstream offers the higher dividend yield (9.08% vs 3.14%). Hess Midstream converts more of its revenue into profit, with a net margin of 21.8% versus -1.9%.
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 | PTEN |
|---|---|---|
| Share price | $34.00 | $11.48 |
| Market cap | $7.01B | $4.38B |
| 1-day change | +2.94% | +2.23% |
| YTD return | -1.45% | +87.89% |
| 1-year return | +1.71% | +94.58% |
| 5-year return | +23.95% | +26.43% |
| P/E ratio (TTM) | 11.72 | — |
| Forward P/E | 10.95 | 32.70 |
| EPS (TTM) | $2.90 | $-0.24 |
| Dividend yield | 9.08% | 3.14% |
| Annual dividend | $3.09 | $0.36 |
| Revenue (latest FY) | $1.62B | $4.83B |
| Revenue growth (YoY) | +8.41% | -10.25% |
| Net income (latest FY) | $352.90M | $-93.64M |
| Operating margin | 62.18% | -0.85% |
| Net margin | 21.77% | -1.94% |
| 52-week high | $41.44 | $13.39 |
| 52-week low | $31.63 | $5.24 |
| Distance from 52-week high | -17.95% | -14.26% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +10.29% | +21.34% |
| Average volume | 1.46M | 8.16M |
| Shares outstanding | 128.35M | 381.38M |
| Employees | — | 7,900 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Midstream | 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
- PTEN has outperformed HESM by 92.9 percentage points over the past year.
- Hess Midstream offers a meaningfully higher dividend yield (9.08% vs 3.14%).
- Hess Midstream is more profitable, keeping 21.8 cents of every revenue dollar as net income versus -1.9 cents for Patterson-UTI Energy.
- Hess Midstream grew revenue faster in its latest fiscal year (+8.41% vs -10.25%).
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
About Patterson-UTI Energy
PTEN stock →Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products.
Energy · Oil & Gas Production · 7,900 employees
HESM vs PTEN FAQ
Which is bigger, Hess Midstream or Patterson-UTI Energy?
Hess Midstream (HESM) is larger, with a market capitalization of $7.01B compared with $4.38B for Patterson-UTI Energy (PTEN).
Which stock has performed better over the past year, HESM or PTEN?
PTEN returned +94.58% over the past 12 months, compared with +1.71% for HESM (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Hess Midstream or Patterson-UTI Energy?
Hess Midstream has the higher yield at 9.08%, compared with 3.14% for Patterson-UTI Energy.
Are Hess Midstream and Patterson-UTI Energy in the same industry?
Both are in the Energy sector, but in different industries: Oil & Gas Midstream for Hess Midstream and Oil & Gas Production for Patterson-UTI Energy.