NYSE:HES - Hess Stock Price, News, & Analysis

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$64.09 -2.37 (-3.57 %)
(As of 05/23/2019 08:43 AM ET)
Previous Close$66.46
Today's Range$63.9250 - $66.02
52-Week Range$35.59 - $74.81
Volume2.98 million shs
Average Volume3.17 million shs
Market Capitalization$19.45 billion
P/E RatioN/A
Dividend Yield1.50%
Beta1.96
Hess Corporation, an exploration and production company, explores for, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. It operates through two segments, Exploration and Production, and Midstream. The company conducts production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities primarily offshore Guyana, Suriname, Canada, and in the Gulf of Mexico. As of December 31, 2018, it had total proved reserves of 1,192 million barrels of oil equivalent. The company is also involved in the gathering, compressing, and processing of natural gas; the fractionation of NGLs; gathering, terminaling, loading, and transporting crude oil and NGLs through rail car; storing and terminaling propane, as well as providing water handling services primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. The company was founded in 1920 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
CUSIP42809H10
CIK4447
Phone212-997-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.47 billion
Cash Flow$5.5585 per share
Book Value$34.78 per share

Profitability

Net Income$-282,000,000.00

Miscellaneous

Employees1,708
Market Cap$19.45 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Hess (NYSE:HES) Frequently Asked Questions

What is Hess' stock symbol?

Hess trades on the New York Stock Exchange (NYSE) under the ticker symbol "HES."

How often does Hess pay dividends? What is the dividend yield for Hess?

Hess announced a quarterly dividend on Thursday, March 7th. Investors of record on Monday, March 18th will be paid a dividend of $0.25 per share on Friday, March 29th. This represents a $1.00 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date of this dividend is Friday, March 15th. View Hess' Dividend History.

How will Hess' stock buyback program work?

Hess declared that its board has approved a share repurchase program on Thursday, March 8th 2018, which allows the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were Hess' earnings last quarter?

Hess Corp. (NYSE:HES) released its quarterly earnings data on Thursday, April, 25th. The oil and gas producer reported $0.09 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.26) by $0.35. The oil and gas producer earned $1.60 billion during the quarter, compared to analysts' expectations of $1.43 billion. Hess had a positive return on equity of 0.20% and a negative net margin of 0.75%. The business's revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.27) EPS. View Hess' Earnings History.

When is Hess' next earnings date?

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for Hess.

What price target have analysts set for HES?

13 analysts have issued 1-year target prices for Hess' stock. Their forecasts range from $53.00 to $89.00. On average, they anticipate Hess' stock price to reach $68.4167 in the next twelve months. This suggests a possible upside of 6.8% from the stock's current price. View Analyst Price Targets for Hess.

What is the consensus analysts' recommendation for Hess?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 1 sell rating, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Has Hess been receiving favorable news coverage?

News coverage about HES stock has trended positive recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hess earned a media sentiment score of 2.4 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Hess' key competitors?

What other stocks do shareholders of Hess own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Medivation (MDVN), Incyte (INCY), Intrexon (XON), First Solar (FSLR), Celgene (CELG), Citigroup (C), Schlumberger (SLB) and Freeport-McMoRan (FCX).

Who are Hess' key executives?

Hess' management team includes the folowing people:
  • Mr. John B. Hess, CEO & Director (Age 65)
  • Mr. John P. Rielly, Sr. VP & CFO (Age 57)
  • Mr. Gregory P. Hill, COO, Exec. VP and Pres of Worldwide Exploration & Production (Age 58)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Corp. Sec. (Age 62)
  • Mr. Michael R. Turner, Sr. VP of Global Production (Age 60)

Who are Hess' major shareholders?

Hess' stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (10.22%), BlackRock Inc. (5.75%), Wellington Management Group LLP (4.21%), Hotchkis & Wiley Capital Management LLC (2.84%), Primecap Management Co. CA (2.75%) and Geode Capital Management LLC (1.17%). Company insiders that own Hess stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Brian D Truelove, Gregory P Hill, John B Hess, John P Rielly, Kevin Omar Meyers, Michael R Turner, Richard D Lynch, Risa J Lavizzo-Mourey and Timothy B Goodell. View Institutional Ownership Trends for Hess.

Which major investors are selling Hess stock?

HES stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., The Manufacturers Life Insurance Company , Hotchkis & Wiley Capital Management LLC, Janus Henderson Group PLC, Wellington Management Group LLP, Artisan Partners Limited Partnership, Morgan Stanley and Key Group Holdings Cayman LTD.. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Gregory P Hill, John B Hess, John P Rielly, Michael R Turner, Richard D Lynch and Timothy B Goodell. View Insider Buying and Selling for Hess.

Which major investors are buying Hess stock?

HES stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Viking Global Investors LP, JPMorgan Chase & Co., Impala Asset Management LLC, Amundi Pioneer Asset Management Inc., Natixis, Packer & Co Ltd and Geode Capital Management LLC. Company insiders that have bought Hess stock in the last two years include Kevin Omar Meyers and Risa J Lavizzo-Mourey. View Insider Buying and Selling for Hess.

How do I buy shares of Hess?

Shares of HES can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $64.09.

How big of a company is Hess?

Hess has a market capitalization of $19.45 billion and generates $6.47 billion in revenue each year. The oil and gas producer earns $-282,000,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. Hess employs 1,708 workers across the globe.

What is Hess' official website?

The official website for Hess is http://www.hess.com/.

How can I contact Hess?

Hess' mailing address is 1185 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The oil and gas producer can be reached via phone at 212-997-8500 or via email at [email protected]


MarketBeat Community Rating for Hess (NYSE HES)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  609 (Vote Outperform)
Underperform Votes:  679 (Vote Underperform)
Total Votes:  1,288
MarketBeat's community ratings are surveys of what our community members think about Hess and other stocks. Vote "Outperform" if you believe HES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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