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 (Confirmed)
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 announced a quarterly dividend on Friday, December 6th. Shareholders 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 annualized dividend and a yield of 1.55%. 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 initiated a share repurchase plan on Thursday, March 8th 2018, which authorizes the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.
How were Hess' earnings last quarter?
Hess Corp. (NYSE:HES) announced its earnings results on Wednesday, October, 30th. The oil and gas producer reported ($0.32) earnings per share for the quarter, meeting the consensus estimate of ($0.32). The oil and gas producer had revenue of $1.52 billion for the quarter, compared to analysts' expectations of $1.52 billion. Hess had a negative return on equity of 1.62% and a negative net margin of 2.82%. The firm's quarterly revenue was down 17.1% on a year-over-year basis. During the same period last year, the company posted $0.38 earnings per share. View Hess' Earnings History.
When is Hess' next earnings date?
How can I listen to Hess' earnings call?
Hess will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for HES?
16 brokerages have issued 1-year price objectives for Hess' shares. Their forecasts range from $61.00 to $93.00. On average, they anticipate Hess' share price to reach $73.55 in the next year. This suggests a possible upside of 14.2% from the stock's current price. View Analyst Price Targets for Hess.
What is the consensus analysts' recommendation for Hess?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 3 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.
Has Hess been receiving favorable news coverage?
Media stories about HES stock have been trending extremely negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hess earned a news sentiment score of -4.5 on InfoTrie's scale. They also gave news articles about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for Hess.
Are investors shorting Hess?
Hess saw a drop in short interest in December. As of December 31st, there was short interest totalling 11,970,000 shares, a drop of 8.5% from the December 15th total of 13,080,000 shares. Based on an average daily volume of 2,240,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 4.4% of the company's shares 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), 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), 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 variety of of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (0.26%), Trinity Street Asset Management LLP (0.19%), Calamos Advisors LLC (0.14%), New York State Teachers Retirement System (0.11%), Strs Ohio (0.09%) and Arvest Bank Trust Division (0.06%). 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 Artemis Investment Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Zurcher Kantonalbank Zurich Cantonalbank, Gateway Investment Advisers LLC, CENTRAL TRUST Co, Arvest Bank Trust Division, New York State Teachers Retirement System and State of Alaska Department of Revenue. 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 purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Patton Fund Management Inc., Trinity Street Asset Management LLP, DAVENPORT & Co LLC, Harvest Investment Services LLC, Strs Ohio, Steward Partners Investment Advisory LLC and Sloy Dahl & Holst 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 $64.41.
How big of a company is Hess?
Hess has a market capitalization of $19.63 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.
