BTG vs HESM

Comparison between B2gold Corp (BTG, Company) and Hess Midstream LP - Class A (HESM, Company).

BTG is from the Basic Materials sector, while HESM is from the Energy sector.

5-Year PerformanceHESM has outperformed BTG, delivering a return of +20.4% compared to +3.3%

BTG vs HESM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BTG(COMPANY)	HESM(COMPANY)
Market Cap	$8.05B	$8.06B
Max Drawdown	85.97%	76.25%
Sharpe Ratio	1.20	0.42
5Y Beta	0.74	0.52
Industry	Gold	Oil & Gas Midstream
P/E Ratio	15.14	22.84
Forward P/E	6.72	14.22
PEG Ratio	4.71	1.57
Dividend Yield	1.54%	7.74%
5Y Dividends CAGR	-7.79%	16.07%
5Y EPS CAGR	-10.26%	N/A
Debt to Equity	14.16%	N/A
Free Cash Flow Yield	5.26%	9.87%
P/S Ratio	1.77	4.98
P/B Ratio	1.92	9.46

Market Cap

BTG

$8.05B

Winner

HESM

$8.06B

Max Drawdown

BTG

85.97%

Winner

HESM

76.25%

Sharpe Ratio

Winner

BTG

1.20

HESM

0.42

5Y Beta

BTG

0.74

Winner

HESM

0.52

Industry

BTG

Gold

HESM

Oil & Gas Midstream

P/E Ratio

Winner

BTG

15.14

HESM

22.84

Forward P/E

Winner

BTG

6.72

HESM

14.22

PEG Ratio

BTG

4.71

Winner

HESM

1.57

Dividend Yield

BTG

1.54%

Winner

HESM

7.74%

5Y Dividends CAGR

BTG

-7.79%

Winner

HESM

16.07%

5Y EPS CAGR

BTG

-10.26%

HESM

N/A

Debt to Equity

BTG

14.16%

HESM

N/A

Free Cash Flow Yield

BTG

5.26%

Winner

HESM

9.87%

P/S Ratio

Winner

BTG

1.77

HESM

4.98

P/B Ratio

Winner

BTG

1.92

HESM

9.46

BTG vs HESM - Historical Returns

Returns include dividend reinvestment.

Period	BTG	HESM
1 month	-0.61%	+9.25%
3 months	-9.10%	+10.95%
6 months	+20.26%	+24.73%
1 year	+69.42%	+11.39%
5 years(CAGR)	+3.34%	+20.40%
10 years(CAGR)	+11.02%	+13.26%
Max(CAGR)	+8.50%	+13.26%

BTG

-0.61%

Winner

HESM

+9.25%

BTG

-9.10%

Winner

HESM

+10.95%

BTG

+20.26%

Winner

HESM

+24.73%

Winner

BTG

+69.42%

HESM

+11.39%

5Y(CAGR)

BTG

+3.34%

Winner

HESM

+20.40%

10Y(CAGR)

BTG

+11.02%

Winner

HESM

+13.26%

Max(CAGR)

BTG

+8.50%

Winner

HESM

+13.26%

BTG vs HESM - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	BTG	HESM
2026	+9.08%	+20.02%
2025	+78.02%	-0.95%
2024	-17.05%	+25.97%
2023	-9.96%	+15.48%
2022	-2.86%	+15.40%
2021	-30.96%	+56.13%
2020	+45.22%	-4.04%
2019	+38.18%	+38.63%
2018	-4.89%	-13.62%
2017	+22.53%	-20.42%
2016	+130.10%	N/A
2015	-41.04%	N/A
2014	-24.30%	N/A
2013	-46.37%	N/A
2012	+15.17%	N/A
2011	+15.86%	N/A
2010	+122.79%	N/A
2009	+224.08%	N/A
2008	-75.00%	N/A

BTG vs HESM Drawdown Comparison

The maximum drawdown for BTG was -85.97%, occurring on Jan 25, 2016. Recovery took 1982 trading sessions.

The maximum drawdown for HESM was -75.15%, occurring on Mar 18, 2020. Recovery took 282 trading sessions.

The current BTG drawdown is -20.96%. The current HESM drawdown is -0.56%.

Rank	BTG	HESM
#1	-85.97% Apr 2, 2012 - Feb 19, 2020	-75.15% Jan 16, 2020 - Mar 2, 2021
#2	-83.33% Jun 24, 2008 - Apr 9, 2010	-31.59% May 2, 2017 - Dec 23, 2019
#3	-63.35% Aug 5, 2020 - Oct 16, 2025	-28.71% Jun 7, 2022 - Nov 17, 2023
#4	-43.30% Feb 24, 2020 - Apr 22, 2020	-25.77% Jul 31, 2025 - Oct 10, 2025
#5	-36.64% Feb 26, 2026 - Mar 20, 2026	-19.71% Mar 19, 2025 - Jul 31, 2025
#6	-36.51% Sep 16, 2011 - Mar 12, 2012	-17.43% Jun 15, 2021 - Sep 16, 2021
#7	-36.20% Oct 16, 2025 - Feb 24, 2026	-16.09% Sep 27, 2021 - Jan 7, 2022
#8	-27.99% Jun 18, 2010 - Sep 20, 2010	-13.96% Apr 14, 2022 - Jun 1, 2022
#9	-26.15% May 12, 2010 - Jun 18, 2010	-11.61% Mar 8, 2022 - Apr 14, 2022
#10	-20.69% Jun 10, 2011 - Aug 12, 2011	-11.28% Mar 10, 2021 - Apr 1, 2021
#11	-20.05% Apr 14, 2011 - Jun 7, 2011	-8.88% Jul 16, 2024 - Nov 27, 2024
#12	-18.35% Dec 13, 2010 - Mar 1, 2011	-7.85% Dec 4, 2023 - Jan 23, 2024
#13	-14.12% Nov 8, 2010 - Dec 1, 2010	-6.78% Jan 18, 2022 - Feb 11, 2022
#14	-13.46% Aug 16, 2011 - Sep 1, 2011	-6.52% Apr 3, 2024 - May 20, 2024
#15	-12.67% Apr 14, 2010 - May 11, 2010	-6.45% Sep 16, 2021 - Sep 23, 2021