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Hess (HES)
NYSE:HES
Holding HES?
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HES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$123.79 - $163.98
Previous Close$148.65
Volume1.36M
Average Volume (3M)1.53M
Market Cap
$45.80B
Enterprise Value$53.91B
Total Cash (Recent Filing)$1.86B
Total Debt (Recent Filing)$9.19B
Price to Earnings (P/E)17.3
Beta0.77
Next Earnings
Jan 29, 2025EPS Estimate
$1.75Last Dividend Ex-Date
Sep 16, 2024Dividend Yield1.22%
Share Statistics
EPS (TTM)8.57
Shares Outstanding308,118,241
10 Day Avg. Volume1,446,387
30 Day Avg. Volume1,529,626
Standard Deviation0.13
R-Squared0.22
Alpha0.00742
Financial Highlights & Ratios
Price to Book (P/B)4.20
Price to Sales (P/S)3.54
Price to Cash Flow (P/CF)7.50
P/FCF Ratio23.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.24
Enterprise Value/Gross Profit8.33
Enterprise Value/Ebitda8.87
Forecast
1Y Price Target
$160.75Price Target Upside8.14% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Hess News
PremiumCompany Announcements
Hess Corporation’s Q3 2024 Earnings and Production Growth
PremiumPre-Earnings
Hess Corp. (HES) Q3 Earnings Cheat Sheet
Bulls Say, Bears Say
Bulls Say
Financial PerformanceHess's free cash flow is expected to significantly increase, driven by developments in Guyana, enhancing its stand-alone share performance.
Potential AcquisitionAnalyst recommends upgrading Hess to Outperform due to attractive risk/reward scenarios linked to its potential merger with Chevron.
Resource ValuationAnalyst views the recoverable oil and gas resource in Guyana as having potential upside not currently reflected in the valuation.
Bears Say
Capital ExpenditureFY24 capex guidance increased $700m on FPSOs purchases.
Financial Performance3Q reported production was 1% light vs the Street driven by Guyana vols at the low-end of guidance and unplanned downtime at JDA.
Legal RisksThe deal will ultimately rely on the outcome of arbitration with XOM related to Guyana.
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Ownership Overview
20.56% Insiders
21.72% Mutual Funds
24.73% Other Institutional Investors
10.13% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HES FAQ
What was Hess’s price range in the past 12 months?
Hess lowest stock price was $123.79 and its highest was $163.98 in the past 12 months.
What is Hess’s market cap?
Currently, no data Available
When is Hess’s upcoming earnings report date?
Hess’s upcoming earnings report date is Jan 29, 2025 which is in 66 days.
How were Hess’s earnings last quarter?
Hess released its earnings results on Oct 30, 2024. The company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.787 by $0.353.
Is Hess overvalued?
According to Wall Street analysts Hess’s price is currently Undervalued.
Does Hess pay dividends?
Hess pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 1.22%. See more information on Hess dividends here
What is Hess’s EPS estimate?
Hess’s EPS estimate is $1.75.
How many shares outstanding does Hess have?
Hess has 308,118,260 shares outstanding.
What happened to Hess’s price movement after its last earnings report?
Hess reported an EPS of $2.14 in its last earnings report, beating expectations of $1.787. Following the earnings report the stock price went down -0.238%.
Which hedge fund is a major shareholder of Hess?
Among the largest hedge funds holding Hess’s share is PRIMECAP Management Co. It holds Hess’s shares valued at 1B.
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Hess Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$160.75 (8.14% Upside)
$160.75 (8.14% Upside)
Blogger Sentiment
Bullish
HES Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 725.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $134.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.2%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
4.28%
12-Months-Change
Fundamentals
Return on Equity
27.14%
Trailing 12-Months
Asset Growth
13.07%
Trailing 12-Months
Company Description
Hess
Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.
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HES Earnings Call
Q2 2023
0:00 / 0:00
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HES Stock 12 Month Forecast
Average Price Target
$160.75
▲(8.14% Upside)
Technical Analysis
Best Analysts Covering HES
1 Year
1 Year Success Rate
14/23 ratings generated profit
1 Year Average Return
+15.71%
assigned a buy rating 2 months ago
Copying Ryan Todd's trades and holding each position for 1 Year would result in 60.87% of your transactions generating a profit, with an average return of +15.71% per trade.
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