Hess Midstream: I'm Still Cautious, But Valuation Makes Sense After The Selloff

Core Insights - Hess Midstream LP (NYSE: HESM) has been under coverage for nearly three months, with fundamentals being acceptable but insufficient drivers for further upside, currently trading in the low-to-mid $30s range [1] Company Overview - The analyst has experience in the logistics sector for almost two decades and has been involved in stock investing and macroeconomic analysis for nearly a decade, focusing on ASEAN and NYSE/NASDAQ stocks, particularly in banks, telecommunications, logistics, and hotels [1] Investment Strategy - The analyst's investment approach includes diversification across different industries and market cap sizes, with holdings for retirement and trading profits [1] - The analyst entered the US market in 2020, gaining insights through a trading account managed for a relative before opening their own account [1] Market Context - The analyst has been utilizing analyses from Seeking Alpha to compare with their own evaluations in the Philippine market since discovering the platform in 2018 [1]