COMPARE · Data as of August 21, 2026
HESM vs VG
Verdict: Side-by-side breakdown using the Bull Rankings model. HESM scored 60.8, VG scored 51.3 — HESM leads.
Compare another set
HESM
Hess Midstream LP
60.8
$39.14 · $8.1B
fundamentals as of
Score gap
9.5
HESM leads
VG
Venture Global, Inc.
51.3
$14.19 · $35.5B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthVG+100.7%
- Strongest balance sheetVG3.55
- Highest qualityHESM80 / 100
- Largest discount to fair valueHESM-62%
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
HESM
stronger →← stronger
VG
80
Qualityreturns · margins · balance sheet
53
48
Growthrevenue & earnings expansion
50
58
Valuevaluation vs sector peers
51
HESM is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
HESM
VG
$838mC+
FCF
-$7.0bF
+2.8%C
Rev
+100.7%A
9.48D
D/E
3.55D
13.5xB
P/E
—
2.74C
PEG
0.87B+
—
P/S
2.1xB
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
HESM
VG
62% below
Price vs fair valuelower is cheaper
—
~-17%/yr
Growth the price implies10-yr FCF · lower = less priced in
—
+156%
1-yr DCF upside
—
+163%
5-yr DCF upside
—
+173%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
HESM
Why this score
- Buying back stock
- Raising its dividend
VG
Why this score
- Cyclical growth
- Short track record
The companies
HESMHess Midstream LP
Why now
Oil & Gas Midstream · market cap $8.1b. 6% off the 52-week high of $41.75. 6 sell-side analysts rate this an Underperform with a mean 1-yr target of $37.50 (implying -4% 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
D/E 9.48 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Dividend payout 105% of earnings on a 7.8% 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.
VGVenture Global, Inc.
Why now
Oil & Gas Midstream · market cap $35.5b. 19% off the 52-week high of $17.62. Revenue growing +101% — in hypergrowth territory. PEG 0.87 — paying under fair value for the growth rate. 19 sell-side analysts rate this a Buy with a mean 1-yr target of $16.42 (implying +16% upside).
Moat
Net margin 22% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 44% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
D/E 3.55 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$7.0b) — capital raises or debt issuance likely required; dilution / leverage risk. Production-cost sensitivity — top-quartile cost producers generate cash through the cycle while marginal producers burn it; watch the cost-per-unit trend, not just headline revenue.
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.
Where HESM and VG diverge
On the headline score the gap is 9.5 points in favor of HESM. The widest single difference is Quality, where HESM leads by 27.9 points.
- QualityHESM 80.4 · VG 52.5HESM +27.9
- ValueHESM 58.4 · VG 51.3HESM +7.1
- GrowthHESM 48.0 · VG 50.0level
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.