What is Zacks Research's Estimate for Hess FY2025 Earnings?

Hess Corporation (NYSE:HES - Free Report) - Equities research analysts at Zacks Research lowered their FY2025 earnings per share estimates for Hess in a research note issued to investors on Thursday, June 26th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $5.78 per share for the year, down from their previous estimate of $5.79. The consensus estimate for Hess' current full-year earnings is $8.08 per share. Zacks Research also issued estimates for Hess' Q4 2025 earnings at $1.44 EPS.

Other analysts have also issued reports about the stock. Scotiabank lowered their price objective on shares of Hess from $164.00 to $146.58 and set a "sector perform" rating for the company in a report on Friday, April 11th. Susquehanna lowered their target price on Hess from $160.00 to $136.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Mizuho dropped their price target on Hess from $193.00 to $191.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Wells Fargo & Company decreased their price objective on Hess from $193.00 to $184.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Piper Sandler lowered their price objective on Hess from $151.00 to $147.00 and set an "overweight" rating for the company in a research report on Tuesday, May 13th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Hess currently has an average rating of "Moderate Buy" and a consensus price target of $162.26.

Hess Trading Up 1.5%

NYSE:HES opened at $140.12 on Friday. Hess has a 12 month low of $123.79 and a 12 month high of $161.69. The company has a current ratio of 1.08, a quick ratio of 0.91 and a debt-to-equity ratio of 0.71. The company has a 50-day moving average price of $134.58 and a 200-day moving average price of $139.95. The stock has a market cap of $43.34 billion, a price-to-earnings ratio of 19.38 and a beta of 0.62.

Hess (NYSE:HES - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $1.81 earnings per share for the quarter, missing the consensus estimate of $1.95 by ($0.14). Hess had a net margin of 17.65% and a return on equity of 21.78%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.95 billion. During the same quarter last year, the firm earned $3.16 EPS. The business's revenue was down 12.1% on a year-over-year basis.

Institutional Investors Weigh In On Hess

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Hess by 5.2% during the 1st quarter. Vanguard Group Inc. now owns 34,873,741 shares of the oil and gas producer's stock valued at $5,570,383,000 after acquiring an additional 1,732,497 shares during the last quarter. GAMMA Investing LLC grew its position in Hess by 16,134.6% in the 1st quarter. GAMMA Investing LLC now owns 1,546,506 shares of the oil and gas producer's stock worth $2,470,230,000 after purchasing an additional 1,536,980 shares during the period. Nuveen LLC bought a new stake in Hess in the 1st quarter worth approximately $196,457,000. Price T Rowe Associates Inc. MD raised its stake in Hess by 94.4% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,043,488 shares of the oil and gas producer's stock valued at $326,408,000 after buying an additional 992,383 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Hess by 46.3% during the 4th quarter. Bank of New York Mellon Corp now owns 2,930,509 shares of the oil and gas producer's stock valued at $389,787,000 after buying an additional 927,093 shares during the period. 88.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Hess

In other Hess news, CEO John B. Hess sold 225,000 shares of Hess stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $133.18, for a total value of $29,965,500.00. Following the completion of the sale, the chief executive officer now owns 1,984,679 shares of the company's stock, valued at approximately $264,319,549.22. This trade represents a 10.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 9.10% of the stock is currently owned by insiders.

Hess Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Monday, June 16th. Hess's dividend payout ratio (DPR) is 27.66%.

Hess Company Profile

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.

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