NYSE:HES - Hess Stock Price, Price Target & More

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

Hess declared a quarterly dividend on Wednesday, March 7th. Shareholders of record on Monday, March 19th will be paid a dividend of $0.25 per share on Thursday, March 29th. This represents a $1.00 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Friday, March 16th. View Hess' Dividend History.

Hess declared that its Board of Directors has authorized a stock repurchase plan on Thursday, March 8th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Hess Co. (NYSE:HES) posted its earnings results on Wednesday, April, 25th. The oil and gas producer reported ($0.27) EPS for the quarter, topping analysts' consensus estimates of ($0.50) by $0.23. The oil and gas producer earned $1.39 billion during the quarter, compared to analyst estimates of $1.23 billion. Hess had a negative net margin of 69.10% and a negative return on equity of 8.54%. The business's revenue was up 10.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($1.07) EPS. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Hess.

17 Wall Street analysts have issued twelve-month target prices for Hess' shares. Their predictions range from $44.00 to $64.00. On average, they expect Hess' share price to reach $51.9088 in the next twelve months. View Analyst Ratings for Hess.

Hess saw a decrease in short interest in the month of April. As of April 30th, there was short interest totalling 25,209,672 shares, a decrease of 24.1% from the April 13th total of 33,202,169 shares. Based on an average daily trading volume, of 4,665,104 shares, the days-to-cover ratio is presently 5.4 days. Approximately 9.0% of the company's shares are sold short.

Some companies that are related to Hess include Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Andeavor (ANDV), HollyFrontier (HFC), YPF (YPF), PBF Energy (PBF), Delek US (DK), CVR Energy (CVI), CVR Refining (CVRR), BP Prudhoe Bay Royalty Trust (BPT), Calumet Specialty Products Partners (CLMT) and Trecora Resources (TREC).

Headlines about HES stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hess earned a media sentiment score of 0.08 on Accern's scale. They also gave news articles about the oil and gas producer an impact score of 46.31 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Hess' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (1.72%), Barrow Hanley Mewhinney & Strauss LLC (1.39%), Northern Trust Corp (1.01%), Levin Capital Strategies L.P. (1.00%), Dimensional Fund Advisors LP (0.81%) and Massachusetts Financial Services Co. MA (0.57%). Company insiders that own Hess stock include Barbara J Lowery-Yilmaz, Brian D Truelove, Gregory P Hill, John B Hess, John P Rielly, Kevin Omar Meyers, Michael R Turner, Timothy B Goodell and William G Schrader. View Institutional Ownership Trends for Hess.

HES stock was sold by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., Arosa Capital Management LP, OppenheimerFunds Inc., Great West Life Assurance Co. Can, DekaBank Deutsche Girozentrale, Artisan Partners Limited Partnership, Swiss National Bank and Northern Trust Corp. Company insiders that have sold Hess company stock in the last year include Barbara J Lowery-Yilmaz, Brian D Truelove, Gregory P Hill, John B Hess, John P Rielly, Michael R Turner and Timothy B Goodell. View Insider Buying and Selling for Hess.

HES stock was bought by a variety of institutional investors in the last quarter, including Elephas Investment Management Ltd, State of Wisconsin Investment Board, KBC Group NV, Central Securities Corp, Seven Eight Capital LP, Centenus Global Management LP, Arvest Bank Trust Division and Candriam Luxembourg S.C.A.. Company insiders that have bought Hess stock in the last two years include Kevin Omar Meyers and William G Schrader. View Insider Buying and Selling for 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.

One share of HES stock can currently be purchased for approximately $59.16.

Hess has a market capitalization of $17.75 billion and generates $5.41 billion in revenue each year. The oil and gas producer earns $-4,074,000,000.00 in net income (profit) each year or ($4.61) on an earnings per share basis. Hess employs 2,075 workers across the globe.

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]