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

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$52.81 +0.97 (+1.87 %)
(As of 01/21/2019 04:00 PM ET)
Previous Close$51.84
Today's Range$51.79 - $52.95
52-Week Range$35.59 - $74.81
Volume5.50 million shs
Average Volume5.59 million shs
Market Capitalization$15.65 billion
P/E Ratio-11.46
Dividend Yield1.89%
Beta1.7
Hess Corporation, an exploration and production company, 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, 2017, it had total proved reserves of 1,154 million barrels of oil equivalent. The company is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane 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
Phone212-997-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.41 billion
Cash Flow$4.6652 per share
Book Value$38.88 per share

Profitability

Net Income$-4,074,000,000.00

Miscellaneous

Employees2,075
Market Cap$15.65 billion
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 Wednesday, December 5th. Shareholders of record on Monday, December 17th will be given a dividend of $0.25 per share on Monday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, December 14th. View Hess' Dividend History.

How will Hess' stock buyback program work?

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

How were Hess' earnings last quarter?

Hess Corp. (NYSE:HES) posted its earnings results on Wednesday, October, 31st. The oil and gas producer reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.43. The oil and gas producer earned $1.83 billion during the quarter, compared to analyst estimates of $1.54 billion. Hess had a negative return on equity of 2.65% and a negative net margin of 47.06%. The firm's revenue was up 11.2% on a year-over-year basis. During the same period last year, the company earned ($1.07) EPS. View Hess' Earnings History.

When is Hess' next earnings date?

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, January 30th 2019. View Earnings Estimates for Hess.

How can I listen to Hess' earnings call?

Hess will be holding an earnings conference call on Wednesday, January 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8776936685.

What price target have analysts set for HES?

15 equities research analysts have issued twelve-month price targets for Hess' shares. Their predictions range from $50.00 to $89.00. On average, they anticipate Hess' stock price to reach $68.6429 in the next twelve months. This suggests a possible upside of 30.0% 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 2 sell ratings, 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Has Hess been receiving favorable news coverage?

Press coverage about HES stock has trended very positive on Monday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hess earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Are investors shorting Hess?

Hess saw a increase in short interest during the month of December. As of December 14th, there was short interest totalling 19,939,816 shares, an increase of 18.9% from the November 30th total of 16,773,037 shares. Based on an average trading volume of 4,653,804 shares, the days-to-cover ratio is currently 4.3 days. Approximately 7.7% of the company's shares are short sold. View Hess' Current Options Chain.

Who are some of Hess' key competitors?

Who are Hess' key executives?

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

Who are Hess' major shareholders?

Hess' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Packer & Co Ltd (0.46%), Trinity Street Asset Management LLP (0.26%), Arvest Bank Trust Division (0.06%), Nisa Investment Advisors LLC (0.03%), DFT Energy LP (0.03%) and Gateway Investment Advisers LLC (0.02%). 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.

Which institutional investors are selling Hess stock?

HES stock was sold by a variety of institutional investors in the last quarter, including DFT Energy LP, Virtu Financial LLC, Nisa Investment Advisors LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, Alpha Windward LLC and Arvest Bank Trust Division. Company insiders that have sold Hess company stock in the last year include Gregory P Hill, John B Hess, John P Rielly, Michael R Turner and Timothy B Goodell. View Insider Buying and Selling for Hess.

Which institutional investors are buying Hess stock?

HES stock was purchased by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Packer & Co Ltd, QUANTRES ASSET MANAGEMENT Ltd, State of Alaska Department of Revenue, Meeder Asset Management Inc., Fruth Investment Management and DNB Asset Management AS. 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.

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 $52.81.

How big of a company is Hess?

Hess has a market capitalization of $15.65 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.

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:  593 (Vote Outperform)
Underperform Votes:  650 (Vote Underperform)
Total Votes:  1,243
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 1/21/2019 by MarketBeat.com Staff

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