Zacks Research Issues Positive Forecast for Hess Earnings

Hess Corporation (NYSE:HES - Free Report) - Research analysts at Zacks Research boosted their Q2 2025 earnings per share estimates for Hess in a report issued on Wednesday, July 9th. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings per share of $1.28 for the quarter, up from their prior estimate of $1.25. 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 $1.35 EPS, Q4 2025 earnings at $1.47 EPS, FY2025 earnings at $5.91 EPS, Q3 2026 earnings at $1.69 EPS, Q4 2026 earnings at $1.87 EPS and FY2026 earnings at $6.88 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 earnings per share for the quarter, missing analysts' consensus estimates of $1.95 by ($0.14). Hess had a net margin of 17.65% and a return on equity of 21.78%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same quarter in the previous year, the firm posted $3.16 earnings per share. The firm's quarterly revenue was down 12.1% on a year-over-year basis.

A number of other equities research analysts have also weighed in on HES. Piper Sandler boosted their price objective on Hess from $147.00 to $153.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 2nd. Wall Street Zen upgraded Hess from a "sell" rating to a "hold" rating in a research report on Saturday, June 14th. Wells Fargo & Company reduced their price target on Hess from $193.00 to $184.00 and set an "overweight" rating on the stock in a research report on Thursday, June 26th. Scotiabank upped their price target on Hess from $146.58 to $155.00 and gave the company a "sector perform" rating in a research report on Friday. Finally, Mizuho reduced 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. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $163.70.

Hess Stock Up 0.8%

NYSE HES opened at $153.28 on Monday. Hess has a 1-year low of $123.79 and a 1-year high of $161.69. The company has a market cap of $47.41 billion, a price-to-earnings ratio of 21.20 and a beta of 0.62. 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 of $137.73 and a 200-day moving average of $140.88.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of Hess during the 1st quarter valued at $25,000. Global X Japan Co. Ltd. raised its stake in shares of 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 valued at $32,000 after acquiring an additional 103 shares during the last quarter. Capital Analysts LLC raised its stake in Hess by 367.4% in the first quarter. Capital Analysts LLC now owns 201 shares of the oil and gas producer's stock worth $32,000 after buying an additional 158 shares in the last quarter. Millstone Evans Group LLC bought a new position in Hess in the fourth quarter worth about $33,000. Finally, Wayfinding Financial LLC bought a new position in Hess in the first quarter worth about $33,000. 88.51% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO John B. Hess sold 250,000 shares of Hess stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $136.01, for a total value of $34,002,500.00. Following the completion of the transaction, the chief executive officer directly owned 1,734,679 shares in the company, valued at approximately $235,933,690.79. The trade was a 12.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.10% of the stock is currently owned by insiders.

Hess Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Monday, June 16th were paid a dividend of $0.50 per share. The ex-dividend date was Monday, June 16th. This represents a $2.00 annualized dividend and a dividend yield of 1.30%. Hess's 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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