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.
Read More…
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
Phone212-997-8500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.47 billion
Profitability
Miscellaneous
Employees1,708
Next Earnings Date1/29/2020 (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 declared a quarterly dividend on Friday, December 6th. Stockholders of record on Monday, December 16th will be given a dividend of $0.25 per share on Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Friday, December 13th. View Hess' Dividend History.
How will Hess' stock buyback program work?
Hess declared that its Board of Directors has approved a share buyback program on Thursday, March 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.
How were Hess' earnings last quarter?
Hess Corp. (NYSE:HES) released its earnings results on Wednesday, October, 30th. The oil and gas producer reported ($0.32) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.32). The oil and gas producer had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.52 billion. Hess had a negative net margin of 2.82% and a negative return on equity of 1.62%. Hess's quarterly revenue was down 17.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.38 earnings per share. View Hess' Earnings History.
When is Hess' next earnings date?
What price target have analysts set for HES?
15 analysts have issued 1-year price objectives for Hess' stock. Their forecasts range from $53.00 to $93.00. On average, they expect Hess' stock price to reach $70.50 in the next twelve months. This suggests a possible upside of 14.4% from the stock's current price. View Analyst Price Targets for Hess.
What is the consensus analysts' recommendation for Hess?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 3 sell ratings, 7 hold ratings and 5 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 articles about HES stock have been trending negative this week, InfoTrie reports. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hess earned a coverage optimism score of -2.6 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the stock's share price in the near future. View News Stories for Hess.
Are investors shorting Hess?
Hess saw a drop in short interest during the month of November. As of November 29th, there was short interest totalling 13,170,000 shares, a drop of 8.0% from the November 14th total of 14,310,000 shares. Based on an average trading volume of 2,710,000 shares, the days-to-cover ratio is presently 4.9 days. Currently, 4.9% of the company's stock are short sold. View Hess' Current Options Chain.
Who are some of Hess' key competitors?
Some companies that are related to Hess include China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Phillips 66 (PSX), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Repsol (REPYY), HollyFrontier (HFC), CVR Energy (CVI), YPF (YPF), PBF Energy (PBF), Delek US (DK), Calumet Specialty Products Partners, L.P (CLMT) and Trecora Resources (TREC).
What other stocks do shareholders of Hess own?
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 a number of of retail and institutional investors. Top institutional investors include State Street Corp (4.21%), Fisher Asset Management LLC (0.78%), Massachusetts Financial Services Co. MA (0.49%), Letko Brosseau & Associates Inc. (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.36%) and Kornitzer Capital Management Inc. KS (0.34%). Company insiders that own Hess stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, 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 Russell Investments Group Ltd., Artemis Investment Management LLP, Teacher Retirement System of Texas, Massachusetts Financial Services Co. MA, Waratah Capital Advisors Ltd., Letko Brosseau & Associates Inc., Sumitomo Mitsui Trust Holdings Inc. and British Airways Pensions Investment Management Ltd. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Barbara J Lowery-Yilmaz, 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 bought by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, Fisher Asset Management LLC, State of New Jersey Common Pension Fund D, CastleArk Alternatives LLC, State of Alaska Department of Revenue, Castleark Management LLC, Nisa Investment Advisors LLC and Squarepoint Ops 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, Robinhood, Fidelity and Charles Schwab.
What is Hess' stock price today?
One share of HES stock can currently be purchased for approximately $61.60.
How big of a company is Hess?
Hess has a market capitalization of $18.77 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.View Additional Information About Hess.
What is Hess' official website?
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)
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.
