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

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

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

Hess declared that its board has authorized a stock buyback plan on Thursday, March 8th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its shares are undervalued.

Hess Co. (NYSE:HES) released its quarterly earnings results on Wednesday, April, 25th. The oil and gas producer reported ($0.27) EPS for the quarter, topping the consensus estimate of ($0.50) by $0.23. The oil and gas producer had revenue of $1.39 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($1.07) earnings per share. 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 brokerages have issued 1-year target prices for Hess' shares. Their predictions range from $44.00 to $64.00. On average, they expect Hess' stock price to reach $51.9088 in the next year. View Analyst Ratings for Hess.

Hess saw a drop in short interest during the month of April. As of April 30th, there was short interest totalling 25,209,672 shares, a drop 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 currently 5.4 days. Currently, 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).

News headlines about HES stock have trended positive on Saturday, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hess earned a daily sentiment score of 0.28 on Accern's scale. They also assigned news coverage about the oil and gas producer an impact score of 45.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Hess' stock is owned by a number 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 acquired 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 $18.73 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]