NYSE:HES Hess (HES) Stock Price, News & Analysis $150.25 +0.40 (+0.27%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$149.22▼$151.1250-Day Range$143.33▼$155.9352-Week Range$131.61▼$167.75Volume1.15 million shsAverage Volume2.38 million shsMarket Capitalization$46.29 billionP/E Ratio23.01Dividend Yield1.16%Price Target$178.58 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Hess alerts: Email Address Hess MarketRank™ Stock AnalysisAnalyst RatingHold2.42 Rating ScoreUpside/Downside18.9% Upside$178.58 Price TargetShort InterestHealthy2.47% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.49Upright™ Environmental ScoreNews Sentiment0.62Based on 19 Articles This WeekInsider TradingN/AProj. Earnings Growth11.55%From $11.08 to $12.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.58 out of 5 starsOils/Energy Sector30th out of 248 stocksPetroleum Refining Industry7th out of 17 stocks 3.2 Analyst's Opinion Consensus RatingHess has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 5 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageHess has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Hess' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.47% of the float of Hess has been sold short.Short Interest Ratio / Days to CoverHess has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hess has recently decreased by 4.96%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldHess pays a meaningful dividend of 1.19%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHess does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hess is 26.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hess will have a dividend payout ratio of 14.16% next year. This indicates that Hess will be able to sustain or increase its dividend.Read more about Hess' dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHess has received a -38.42% net impact score from Upright. The largest negative impact of Hess in category "GHG emissions" seems to be driven mostly by its "Oil distribution services", "Oil exploration services", "Crude oil", and "Oil drilling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Hess is -7.49. Previous Next 3.1 News and Social Media Coverage News SentimentHess has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 19 news articles for Hess this week, compared to 18 articles on an average week.Search InterestOnly 7 people have searched for HES on MarketBeat in the last 30 days. This is a decrease of -42% compared to the previous 30 days.MarketBeat Follows9 people have added Hess to their MarketBeat watchlist in the last 30 days. This is an increase of 13% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hess insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.76% of the stock of Hess is held by insiders.Percentage Held by Institutions88.51% of the stock of Hess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hess' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Hess are expected to grow by 11.55% in the coming year, from $11.08 to $12.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess is 23.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess is 23.01, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.69.Price to Book Value per Share RatioHess has a P/B Ratio of 4.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Hess' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Monument Traders AllianceThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.See here to see the full details. About Hess Stock (NYSE:HES)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. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.Read More HES Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HES Stock News HeadlinesJuly 22, 2024 | marketbeat.comExxon Mobil or Chevron – Which One May Be a Gusher for Investors? (HES)Exxon Mobil and Chevron are both excellent long-term investments, but with expectations of higher oil prices, one stocks looks to be a better short-term buyJuly 25 at 7:26 PM | finance.yahoo.comHess Midstream LP to Participate in August Investor ConferencesJuly 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 25 at 7:26 PM | msn.comBen Hess: Our takeaways as Yankees' first-round draft pick talks about reaching next levelJuly 25 at 7:26 PM | marketwatch.comHess Corp. stock underperforms Thursday when compared to competitors despite daily gainsJuly 25 at 2:25 PM | msn.comYankees 2024 draft pick tracker: First-rounder Hess signsJuly 25 at 9:24 AM | marketwatch.comHess Corp. stock underperforms Wednesday when compared to competitors despite daily gainsJuly 24 at 5:33 AM | americanbankingnews.comHess (HES) Set to Announce Quarterly Earnings on WednesdayJuly 26, 2024 | Monument Traders Alliance (Ad)This student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... In fact, it just detected a move happening this MONDAY.July 22, 2024 | americanbankingnews.comHess (NYSE:HES) PT Lowered to $166.00July 20, 2024 | americanbankingnews.comHess (NYSE:HES) Now Covered by Wolfe ResearchJuly 19, 2024 | fortune.comThe FTC is looking for a ‘smoking gun’ as it investigates whether U.S. oil giants colluded with OPECJuly 19, 2024 | msn.comHow the Yankees' scouting director views pitcher Ben Hess, their top pick in MLB DraftJuly 19, 2024 | marketwatch.comHess Corp. stock outperforms competitors despite losses on the dayJuly 17, 2024 | americanbankingnews.comHess (NYSE:HES) Raised to Outperform at Sanford C. BernsteinJuly 15, 2024 | investorplace.com3 Institutional Investor Favorites Ready to Rally FurtherJuly 15, 2024 | seekingalpha.comHess Midstream: Be Patient While Watching Insiders ExitJuly 14, 2024 | seekingalpha.comHess Midstream: One Of The Strongest Buys In The Midstream SpaceSee More Headlines Receive HES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/25/2024Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Today7/26/2024Next Earnings (Confirmed)7/31/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Petroleum refining Sub-IndustryIntegrated Oil & Gas Current SymbolNYSE:HES CUSIP42809H10 CIK4447 Webwww.hess.com Phone(212) 997-8500Fax212-536-8390Employees1,756Year Founded1933Price Target and Rating Average Stock Price Target$178.58 High Stock Price Target$210.00 Low Stock Price Target$157.00 Potential Upside/Downside+18.9%Consensus RatingHold Rating Score (0-4)2.42 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$6.53 Trailing P/E Ratio23.01 Forward P/E Ratio13.56 P/E GrowthN/ANet Income$1.38 billion Net Margins17.41% Pretax Margin28.46% Return on Equity22.73% Return on Assets9.25% Debt Debt-to-Equity Ratio0.81 Current Ratio1.23 Quick Ratio1.10 Sales & Book Value Annual Sales$10.65 billion Price / Sales4.35 Cash Flow$11.97 per share Price / Cash Flow12.55 Book Value$31.26 per share Price / Book4.81Miscellaneous Outstanding Shares308,110,000Free Float278,038,000Market Cap$46.29 billion OptionableOptionable Beta1.16 Social Links These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)CEO & Director Comp: $5.25MMr. John P. Rielly (Age 62)Executive VP & CFO Comp: $2.25MMr. Gregory P. Hill (Age 63)COO and President of Exploration & Production Comp: $3.49MMr. Timothy B. Goodell (Age 67)Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer Comp: $2.16MMs. Barbara J. Lowery-Yilmaz (Age 67)Senior VP & Chief Exploration Officer Comp: $1.6MMr. Richard Lynch (Age 66)Senior Vice President of Technology & Services Mr. Jay R. Wilson (Age 78)Vice President of Investor Relations Lorrie HeckerVice President of CommunicationsMr. Andrew P. Slentz (Age 62)Senior Vice President of Human Resources & Office Management Jonathan C. SteinSenior VP, CFO of Midstream & Chief Risk OfficerMore ExecutivesKey CompetitorsOccidental PetroleumNYSE:OXYMurphy OilNYSE:MURExxon MobilNYSE:XOMChevronNYSE:CVXConocoPhillipsNYSE:COPView All CompetitorsInsiders & InstitutionsState of Michigan Retirement SystemBought 300 shares on 7/26/2024Ownership: 0.025%Allspring Global Investments Holdings LLCSold 694 shares on 7/26/2024Ownership: 0.009%Cambridge Investment Research Advisors Inc.Bought 768 shares on 7/26/2024Ownership: 0.004%Catalyst Financial Partners LLCBought 399 shares on 7/26/2024Ownership: 0.001%Checchi Capital Advisers LLCBought 96 shares on 7/26/2024Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions Should I Buy Hess Stock? HES Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Hess Co.: Hess Co. has shown consistent revenue growth, with a 36.2% increase in revenue compared to the same quarter last year, indicating a strong financial performance. The company has a healthy dividend yield of 1.18%, providing investors with a steady income stream. Analysts have given Hess Co. an average target price of $177.83, suggesting potential for stock price appreciation. The company's P/E ratio of 22.81 is in line with industry standards, indicating a fair valuation. Hess Co. has a beta of 1.16, slightly higher than the market average, which may appeal to investors seeking exposure to market movements. Cons Investors should be bearish about investing in Hess Co. for these reasons: The stock price of Hess Co. has been trading down, showing a decrease of 0.3% recently, which may indicate short-term volatility or market sentiment. While the company has a dividend payout ratio of 26.80%, indicating a sustainable dividend policy, investors should be cautious of any potential changes in dividend payments. Seven investment analysts have rated the stock as a hold, suggesting limited upside potential in the near term. Hess Co. has a debt-to-equity ratio of 0.81, which may raise concerns about the company's leverage and financial stability. The company's current ratio of 1.23 is relatively close to 1, which may indicate limited short-term liquidity. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, July 5, 2024. Please send any questions or comments about these Hess pros and cons to contact@marketbeat.com. HES Stock Analysis - Frequently Asked Questions How have HES shares performed this year? Hess' stock was trading at $144.16 on January 1st, 2024. Since then, HES stock has increased by 4.2% and is now trading at $150.25. View the best growth stocks for 2024 here. How were Hess' earnings last quarter? Hess Co. (NYSE:HES) announced its quarterly earnings results on Thursday, April, 25th. The oil and gas producer reported $3.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.73 by $1.43. Hess's revenue was up 36.2% compared to the same quarter last year. What is John B. Hess' approval rating as Hess' CEO? 200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees. Does Hess have any subsidiaries? Hess subsidiaries include these companies: Marquette Exploration LLC, Bakken Acreage, American Oil & Gas, Triton Energy, Meadville Corporation, Hess Asia Holdings Inc., Hess Bakken Investments III LLC, and others. Who are Hess' major shareholders? Hess' top institutional investors include Bank of New York Mellon Corp (0.92%), Ninety One UK Ltd (0.43%), Samson Rock Capital LLP (0.23%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). Insiders that own company stock include John P Rielly, Timothy B Goodell, John B Hess, Gregory P Hill, Barbara J Lowery-Yilmaz, Andrew P Slentz, Geurt G Schoonman, Richard D Lynch and Corp Hess. View institutional ownership trends. How do I buy shares of Hess? Shares of HES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Hess own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC) and First Solar (FSLR). This page (NYSE:HES) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. 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