Range Resources vs Hess Midstream

Range Resources Corporation and Hess Midstream Operations LP are compared on this page to illuminate differences in business models, financial performance, and market context. The aim is to present neutral information that helps readers understand each company’s approach and position within the energy sector. Educational content, not financial advice.

Range Resources Corporation and Hess Midstream Operations LP are compared on this page to illuminate differences in business models, financial performance, and market context. The aim is to present ne...

About The Companies

Range Resources (RRC)

Range Resources Corporation (RRC) is an independent energy company primarily focused on natural gas exploration and production, with a large footprint in the Appalachian Basin (Marcellus and Utica shales). With a market capitalisation of about $8.76 billion, Range benefits from scale in low‑cost gas plays, operational experience, and a portfolio that emphasises gas over oil. Key drivers for investors include natural gas prices, production volumes, operational efficiency, and capital allocation choices such as share repurchases or dividends. The business is exposed to commodity price volatility, regulatory and environmental considerations, and potential shifts in demand from energy transition trends. Financial health — including debt levels and cash flow from operations — is important when assessing resilience through commodity cycles. This summary is general educational information only and not personal financial advice. Past performance does not indicate future results; investments can fall as well as rise, so suitability depends on an individual’s circumstances and risk tolerance.

Hess Midstream (HESM)

Hess Midstream Operations LP (HESM) is a midstream energy partnership focusing on gathering, processing and transporting hydrocarbons in regions where its parent and counterparties operate. With a market capitalisation around $6.98 billion, HESM typically earns revenue from fee-based and volume-based contracts that connect production to downstream markets. Investors often watch midstream names for steady cash generation and distributions, but HESM’s cash flows can still be influenced by production volumes, commodity prices, and contractual terms. The partnership may carry leverage associated with asset-heavy infrastructure and faces regulatory, permitting and operational risks common to oil and gas midstream businesses. This summary is educational, not personalised advice: prospective investors should review the company’s filings, distribution policy and balance sheet, and consider whether exposure to midstream infrastructure suits their risk profile and investment objectives. Past performance is no guarantee of future returns and capital is at risk.

Comparison Snapshot

Key Financial Metrics

RRC

Metric

HESM

$8.60B

Market Cap

$7.15B

16.76%

Potential Profit

13.21%

Hold

Analyst Rating

Hold

Which Baskets Do They Appear In?

Natural Gas Drilling Revival Play

A carefully selected group of stocks poised to benefit from the recent upturn in U.S. natural gas drilling activity. Our professional analysts have identified companies across the entire natural gas value chain that could see improved performance as drilling rebounds for the first time in twelve weeks.

Published: July 20, 2025

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Which Baskets Do They Appear In?

Natural Gas Drilling Revival Play

A carefully selected group of stocks poised to benefit from the recent upturn in U.S. natural gas drilling activity. Our professional analysts have identified companies across the entire natural gas value chain that could see improved performance as drilling rebounds for the first time in twelve weeks.

Published: July 20, 2025

Explore Basket

Investment Analysis

Range Resources

RRC

Pros

Range Resources has a strong free cash flow forecast of $535 million for 2025 supporting operational resilience.
The company’s operations in the Appalachian region benefit from efficient production and cost management, showing improved EBITDA.
Range Resources maintains a relatively low debt-to-equity ratio of around 28.9%, indicating a measured approach to leverage.

Considerations

Natural gas price forecasts for 2025 have declined about 15%, potentially pressuring revenue and profitability.
Production and revenue missed expectations in Q4 2024, hinting at some operational volatility or execution risks.
Range Resources’ stock has seen analyst downgrades recently, suggesting concerns about near-term performance relative to peers.

Hess Midstream

HESM

Pros

Hess Midstream is strategically positioned with a diverse midstream asset base in the prolific Williston Basin, ensuring significant market presence.
The company has demonstrated revenue growth, with a 13.3% increase reported year-over-year in a recent quarter.
Fee-based business model and operational focus on safety and environmental stewardship provide stable cash flows and investor confidence.

Considerations

Hess Midstream has reduced growth plans following upstream rig activity cuts by Chevron, limiting expansion potential in the Bakken play.
The decline in share price by about 8.6% year-to-date indicates market concerns over growth and operational outlook.
Exposure concentrated in a single basin increases vulnerability to regional regulatory changes and commodity price fluctuations.

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About The Companies

Comparison Snapshot

Which Baskets Do They Appear In?

Natural Gas Drilling Revival Play

Which Baskets Do They Appear In?

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Investment Analysis

Range Resources

Pros

Considerations

Hess Midstream

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

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Comparison Snapshot

Range Resources vs Hess Midstream

About The Companies

Comparison Snapshot

Which Baskets Do They Appear In?

Natural Gas Drilling Revival Play

Which Baskets Do They Appear In?

Natural Gas Drilling Revival Play

Investment Analysis

Range Resources

Pros

Considerations

Hess Midstream

Pros

Considerations

Why invest with Nemo?

Zero Commission

Trusted & Regulated

6% Interest on Cash

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Frequently asked questions

What is the primary difference between the business models of Range Resources and Hess Midstream?

How can a 'fee-based' business model affect cash flow stability for a midstream company?

What does a strong free cash flow forecast imply for Range Resources in 2025?

How should I interpret a debt-to-equity ratio around 28.9% for Range Resources?

What do recent analyst downgrades for Range Resources indicate about near-term risk?

What does year-on-year revenue growth for Hess Midstream tell us about its current trajectory?

Why does regional exposure matter when evaluating these two companies?

How can commodity price forecasts influence the outlook for these stocks?

What should a beginner look at when comparing the two companies on this page?

Is the information on this page financial advice or a recommendation?

About The Companies

Comparison Snapshot