Zacks Research Issues Negative Estimate for Hess Earnings

Hess Co. (NYSE:HES - Free Report) - Analysts at Zacks Research decreased their Q2 2025 earnings estimates for shares of Hess in a research note issued to investors on Wednesday, May 14th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings of $1.37 per share for the quarter, down from their prior estimate of $1.72. 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 $1.45 EPS, Q4 2025 earnings at $1.55 EPS, FY2025 earnings at $6.17 EPS, Q1 2026 earnings at $2.08 EPS, Q2 2026 earnings at $1.91 EPS, Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $7.91 EPS, Q1 2027 earnings at $3.19 EPS and FY2027 earnings at $12.67 EPS.

Hess (NYSE:HES - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $1.81 EPS for the quarter, missing analysts' consensus estimates of $1.95 by ($0.14). Hess had a return on equity of 26.32% and a net margin of 21.27%. The firm had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.95 billion. During the same period in the prior year, the firm posted $3.16 earnings per share. Hess's revenue for the quarter was down 12.1% on a year-over-year basis.

A number of other equities research analysts have also weighed in on HES. Mizuho decreased their price objective on shares of Hess from $193.00 to $191.00 and set a "neutral" rating for the company in a report on Tuesday, May 13th. Piper Sandler decreased their price objective on shares of Hess from $151.00 to $147.00 and set an "overweight" rating for the company in a report on Tuesday, May 13th. StockNews.com started coverage on shares of Hess in a report on Tuesday, May 13th. They set a "hold" rating for the company. Susquehanna decreased their price objective on shares of Hess from $160.00 to $136.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. Finally, UBS Group decreased their price objective on shares of Hess from $170.00 to $163.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Hess presently has a consensus rating of "Moderate Buy" and an average price target of $162.16.

Hess Trading Down 0.2%

Shares of HES opened at $134.86 on Monday. Hess has a 1-year low of $123.79 and a 1-year high of $161.69. The company has a 50-day moving average of $139.25 and a 200 day moving average of $141.43. The firm has a market capitalization of $41.71 billion, a price-to-earnings ratio of 14.98 and a beta of 0.61. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.12 and a quick ratio of 1.13.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HES. J.Safra Asset Management Corp purchased a new position in shares of Hess in the 4th quarter worth approximately $25,000. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Hess during the 1st quarter worth approximately $25,000. Sierra Ocean LLC purchased a new stake in Hess during the 4th quarter worth approximately $27,000. Global X Japan Co. Ltd. grew its position in Hess by 106.2% during the 1st quarter. Global X Japan Co. Ltd. now owns 200 shares of the oil and gas producer's stock worth $32,000 after purchasing an additional 103 shares during the last quarter. Finally, Capital Analysts LLC grew its position in Hess by 367.4% during the 1st quarter. Capital Analysts LLC now owns 201 shares of the oil and gas producer's stock worth $32,000 after purchasing an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 88.51% of the company's stock.

Insider Activity

In other news, CEO John B. Hess sold 175,000 shares of Hess stock in a transaction that occurred on Thursday, March 27th. The shares were sold at an average price of $159.30, for a total value of $27,877,500.00. Following the transaction, the chief executive officer now owns 2,384,679 shares of the company's stock, valued at $379,879,364.70. The trade was a 6.84% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 9.10% of the company's stock.

Hess Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 1.48%. Hess's dividend payout ratio is currently 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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