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

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

Hess declared a quarterly dividend on Tuesday, June 4th. Stockholders of record on Monday, June 17th will be paid a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Friday, June 14th. View Hess' Dividend History.

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

Hess Corp. (NYSE:HES) issued its earnings results on Thursday, April, 25th. The oil and gas producer reported $0.09 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.26) by $0.35. The oil and gas producer had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.43 billion. Hess had a positive return on equity of 0.20% and a negative net margin of 0.75%. The company's revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period last year, the business earned ($0.27) earnings per share. View Hess' Earnings History.

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

13 Wall Street analysts have issued 1-year price objectives for Hess' stock. Their forecasts range from $53.00 to $89.00. On average, they expect Hess' stock price to reach $68.75 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View Analyst Price Targets 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, 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

News coverage about HES stock has trended somewhat positive on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive 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 closest to five being the most favorable. Hess earned a news impact score of 1.7 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Hess.

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

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 Intel (INTC).

Hess' stock is owned by many different of retail and institutional investors. Top institutional investors 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.

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.

HES stock was purchased 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.

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 $57.25.

Hess has a market capitalization of $17.37 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.

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

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]