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Hess (HES)
NYSE:HES
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HES Stock Chart & Stats
Day’s Range― - ―
52-Week Range$123.79 - $163.98
Previous CloseN/A
Volume612.96K
Average Volume (3M)1.71M
Market Cap
$46.13B
Enterprise Value$50.29B
Total Cash (Recent Filing)$2.73B
Total Debt (Recent Filing)$6.69B
Price to Earnings (P/E)17.4
Beta0.70
Next Earnings
Jan 29, 2025EPS Estimate
1.57Last Dividend Ex-Date
Dec 16, 2024Dividend Yield1.26%
Share Statistics
EPS (TTM)8.57
Shares Outstanding308,118,260
10 Day Avg. Volume1,816,295
30 Day Avg. Volume1,714,898
Standard Deviation0.13
R-Squared0.24
Alpha0.00725
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.61
Price to Cash Flow (P/CF)7.60
P/FCF Ratio23.60
Enterprise Value/Market Cap1.09
Enterprise Value/Revenue3.96
Enterprise Value/Gross Profit7.77
Enterprise Value/Ebitda8.28
Forecast
1Y Price Target
$167.89Price Target Upside12.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Hess News
PremiumCompany Announcements
Hess Corporation’s Q3 2024 Earnings and Production Growth
Bulls Say, Bears Say
Bulls Say
Deal ProgressHES continues to progress toward the proposed acquisition by CVX, with FTC approval received.
Production ForecastHES production is forecasted in the upper half of the guidance range and near consensus.
Strategic DevelopmentsThe start-up of Yellowtail (Guyana Phase 4) is expected to benefit this year's production.
Bears Say
Capital ExpenditureHES raised full year 2024 capex guidance by approximately $700 million, pushing expected 4Q24 capex to around $1.75 billion.
Production Performance3Q reported production was 1% light vs the Street driven by Guyana vols at the low-end of guidance and unplanned downtime at JDA.
Project DependencyThe deal will ultimately rely on the outcome of arbitration with XOM related to Guyana.
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Ownership Overview
20.56% Insiders
21.28% Mutual Funds
0.15% Other Institutional Investors
35.33% 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?
Hess’s market cap is $46.13B.
When is Hess’s upcoming earnings report date?
Hess’s upcoming earnings report date is Jan 29, 2025 which is in 11 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 $1.874 which represents an annual dividend yield of 1.26%. See more information on Hess dividends here
What is Hess’s EPS estimate?
Hess’s EPS estimate is 1.57.
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 -0.239%.
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:
$167.89 (12.13% Upside)
$167.89 (12.13% Upside)
Blogger Sentiment
Bullish
HES Sentiment 100%
Sector Average 72%
Sector Average 72%
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 ▼ 1.0%
Last 30 Days ▼ 2.5%
Last 30 Days ▼ 2.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.73%
12-Months-Change
Fundamentals
Return on Equity
24.40%
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
$167.89
▲(12.13% Upside)
Technical Analysis
Best Analysts Covering HES
1 Year
1 Year Success Rate
15/23 ratings generated profit
1 Year Average Return
+18.64%
reiterated a buy rating last month
Copying Ryan Todd's trades and holding each position for 1 Year would result in 65.22% of your transactions generating a profit, with an average return of +18.64% per trade.
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