Zacks Research Has Negative Forecast for Hess Q2 Earnings

Hess Corporation (NYSE:HES - Free Report) - Equities researchers at Zacks Research dropped their Q2 2025 earnings estimates for shares of Hess in a note issued to investors on Thursday, June 19th. Zacks Research analyst R. Department now expects that the oil and gas producer will post earnings per share of $1.25 for the quarter, down from their previous forecast of $1.27. The consensus estimate for Hess' current full-year earnings is $8.08 per share. Zacks Research also issued estimates for Hess' Q3 2025 earnings at $1.28 EPS, Q4 2025 earnings at $1.45 EPS, FY2025 earnings at $5.79 EPS, Q1 2026 earnings at $1.67 EPS and Q1 2027 earnings at $2.62 EPS.

Hess (NYSE:HES - Get Free Report) last released its quarterly earnings data 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). The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.95 billion. Hess had a return on equity of 21.78% and a net margin of 17.65%. The firm's revenue was down 12.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.16 EPS.

Several other analysts also recently commented on HES. Scotiabank dropped their target price on shares of Hess from $164.00 to $146.58 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Piper Sandler dropped their target price on shares of Hess from $151.00 to $147.00 and set an "overweight" rating on the stock in a report on Tuesday, May 13th. Wall Street Zen upgraded shares of Hess from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. Mizuho dropped their target price on shares of Hess from $193.00 to $191.00 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. Finally, UBS Group lifted their price objective on shares of Hess from $163.00 to $173.00 and gave the company a "buy" rating in a report on Wednesday, June 11th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $163.16.

Hess Stock Performance

Shares of HES stock opened at $144.51 on Monday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.91 and a current ratio of 1.08. The company has a market capitalization of $44.70 billion, a P/E ratio of 19.99 and a beta of 0.62. The company's 50 day moving average price is $133.68 and its two-hundred day moving average price is $139.99. Hess has a 52 week low of $123.79 and a 52 week high of $161.69.

Institutional Investors Weigh In On Hess

A number of institutional investors have recently modified their holdings of HES. Bank Julius Baer & Co. Ltd Zurich bought a new stake in Hess during the first quarter worth about $25,000. J.Safra Asset Management Corp acquired a new position in Hess during the fourth quarter worth about $25,000. Global X Japan Co. Ltd. raised its stake in Hess by 106.2% during the first quarter. Global X Japan Co. Ltd. now owns 200 shares of the oil and gas producer's stock worth $32,000 after acquiring an additional 103 shares in the last quarter. Capital Analysts LLC raised its stake in Hess by 367.4% during the first quarter. Capital Analysts LLC now owns 201 shares of the oil and gas producer's stock worth $32,000 after acquiring an additional 158 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new position in Hess during the first quarter worth about $33,000. Institutional investors own 88.51% of the company's stock.

Insider Buying and Selling

In other Hess news, CEO John B. Hess sold 225,000 shares of Hess stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $133.18, for a total transaction of $29,965,500.00. Following the completion of the transaction, the chief executive officer now directly owns 1,984,679 shares of the company's stock, valued at $264,319,549.22. The trade was a 10.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders have sold 650,000 shares of company stock worth $91,845,500. Insiders own 9.10% of the company's stock.

Hess Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.38%. Hess's payout ratio is 27.66%.

About Hess

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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