Hess Midstream (HESM) vs Transocean (Switzerland) (RIG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Transocean (Switzerland) (RIG) has outperformed Hess Midstream (HESM) over the past year, gaining 55.8% versus a gain of 1.7%. Over five years, RIG leads with a +34.4% price change compared with +24.0% for HESM. Hess Midstream is the larger company by market cap ($7.01 billion vs $6.19 billion), about 1.1 times the size, while Transocean (Switzerland) is growing revenue faster (+12.5% vs +8.4%).
On valuation, Hess Midstream trades at a lower forward P/E (10.9x vs 19.4x for Transocean (Switzerland)). Hess Midstream pays a dividend yielding 9.08%, while Transocean (Switzerland) does not currently pay one. Hess Midstream converts more of its revenue into profit, with a net margin of 21.8% versus -73.5%.
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 | RIG |
|---|---|---|
| Share price | $34.00 | $5.54 |
| Market cap | $7.01B | $6.19B |
| 1-day change | +2.94% | +2.78% |
| YTD return | -1.45% | +30.51% |
| 1-year return | +1.71% | +55.78% |
| 5-year return | +23.95% | +34.41% |
| P/E ratio (TTM) | 11.72 | — |
| Forward P/E | 10.95 | 19.36 |
| EPS (TTM) | $2.90 | $-1.64 |
| Dividend yield | 9.08% | 0.00% |
| Annual dividend | $3.09 | $0.00 |
| Revenue (latest FY) | $1.62B | $3.96B |
| Revenue growth (YoY) | +8.41% | +12.51% |
| Net income (latest FY) | $352.90M | $-2.92B |
| Gross margin | — | 39.32% |
| Operating margin | 62.18% | -58.94% |
| Net margin | 21.77% | -73.52% |
| 52-week high | $41.44 | $7.66 |
| 52-week low | $31.63 | $3.07 |
| Distance from 52-week high | -17.95% | -27.68% |
| Analyst consensus | underperform | buy |
| Avg. price target upside | +10.29% | +18.23% |
| Average volume | 1.46M | 42.01M |
| Shares outstanding | 128.35M | 1.12B |
| Employees | — | 5,220 |
| 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
- RIG has outperformed HESM by 54.1 percentage points over the past year.
- Hess Midstream offers a meaningfully higher dividend yield (9.08% vs 0.00%).
- Hess Midstream is more profitable, keeping 21.8 cents of every revenue dollar as net income versus -73.5 cents for Transocean (Switzerland).
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 Transocean (Switzerland)
RIG stock →Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
Energy · Oil & Gas Production · 5,220 employees
HESM vs RIG FAQ
Which is bigger, Hess Midstream or Transocean (Switzerland)?
Hess Midstream (HESM) is larger, with a market capitalization of $7.01B compared with $6.19B for Transocean (Switzerland) (RIG).
Which stock has performed better over the past year, HESM or RIG?
RIG returned +55.78% 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 Transocean (Switzerland)?
Hess Midstream pays a dividend yielding 9.08%, while Transocean (Switzerland) does not currently pay a regular dividend.
Are Hess Midstream and Transocean (Switzerland) 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 Transocean (Switzerland).