COMPARE · Reviewed July 29, 2026
EE vs HESM
Verdict: Side-by-side breakdown using the Bull Rankings model. EE scored 50.0, HESM scored 64.5 — HESM leads.
Compare another set
EE
Excelerate Energy Inc
50
$37.90 · $4.2B
Score gap
14.5
HESM leads
HESM
Hess Midstream LP
64.5
$40.21 · $8.3B
fundamentals as of
The model, pillar by pillar (0–100 each)
EE
stronger →← stronger
HESM
56
Qualityreturns · margins · balance sheet
81
96
Growthrevenue & earnings expansion
50
23
Valuevaluation vs sector peers
66
HESM is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
EE
HESM
$366mC
FCF
$796mC+
+27.2%A-
Rev
+7.1%B
0.42B+
D/E
—
105.7xD
P/E
13.9xB+
3.88D
PEG
1.67C+
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
EE
HESM
41% below
Price vs fair valuelower is cheaper
61% below
~1%/yr
Growth the price implies10-yr FCF · lower = less priced in
~-15%/yr
+30%
1-yr DCF upside
+142%
+70%
5-yr DCF upside
+158%
+150%
10-yr DCF upside
+185%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
EE
Why this score
- Diluting shareholders
HESM
Why this score
- Raising its dividend
- Diluting shareholders
- Cyclical growth
- Short track record
The companies
EEExcelerate Energy Inc
Why now
Energy · market cap $4.2b. 12% off the 52-week high of $43.17. Revenue growing +27% — in hypergrowth territory.
Moat
Moat signals from the quantitative card are modest — profitability and capital efficiency are middle-of-pack. The thesis here depends on softer factors (switching costs, brand, distribution, regulatory protection) not captured by the quality-growth screen.
Risk
Trailing P/E 105.7x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating. Net margin 3.0% is thin — operating leverage cuts both ways; input-cost inflation or pricing pressure hits the bottom line first. ROE 6% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
HESMHess Midstream LP
Why now
Oil & Gas Midstream · market cap $8.3b. 9% off the 52-week high of $44.14. 6 sell-side analysts rate this an Underperform with a mean 1-yr target of $37.33 (implying -7% upside).
Moat
Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. Free cash flow runs well ahead of reported net income — non-cash charges (depreciation, intangible amortization) are holding down GAAP earnings while cash generation stays strong.
Risk
Dividend payout 103% of earnings on a 7.6% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. Hedge-book exposure — many commodity producers hedge forward production; if the hedge book is concentrated at prices well below spot, the upside the market expects is already locked away.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.