Hess - HES Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 5 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HES shares.
View HES analyst ratings or view top-rated stocks.

14 Wall Street analysts have issued twelve-month price objectives for Hess' stock. Their HES share price forecasts range from $130.00 to $200.00. On average, they predict the company's share price to reach $164.00 in the next twelve months. This suggests a possible upside of 19.2% from the stock's current price.
View analysts price targets for HES or view top-rated stocks among Wall Street analysts.

Hess' stock was trading at $141.82 at the beginning of the year. Since then, HES shares have decreased by 3.0% and is now trading at $137.57.
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Hess saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 5,330,000 shares, a decrease of 7.5% from the December 15th total of 5,760,000 shares. Based on an average daily volume of 1,840,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.9% of the shares of the stock are sold short.
View Hess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our HES earnings forecast.

Hess Co. (NYSE:HES) released its quarterly earnings data on Wednesday, January, 25th. The oil and gas producer reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.69 by $0.09. The oil and gas producer earned $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Hess had a net margin of 19.21% and a trailing twelve-month return on equity of 27.85%. Hess's revenue was up 35.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.85 EPS.
Read the conference call transcript.

Hess announced a quarterly dividend on Wednesday, December 7th. Investors of record on Monday, December 19th will be given a dividend of $0.375 per share on Thursday, December 29th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date of this dividend is Friday, December 16th.
Read our dividend analysis for HES.

Hess (NYSE:HES) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.04%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 20.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HES will have a dividend payout ratio of 14.45% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HES.

200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC), First Solar (FSLR), Walt Disney (DIS), Schlumberger (SLB) and Chevron (CVX).

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

Hess' stock is owned by a variety of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (1.52%), Keybank National Association OH (0.31%), Sumitomo Mitsui Trust Holdings Inc. (0.28%), Artemis Investment Management LLP (0.24%), Kornitzer Capital Management Inc. KS (0.22%) and Scout Investments Inc. (0.16%). Insiders that own company stock include Andrew P Slentz, Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, Geurt G Schoonman, Gregory P Hill, Gregory P Hill, John B Hess, John B Hess, John P Rielly, Marc S Lipschultz, Michael Mcknight, Richard D Lynch, Sami A Siddiqui and Timothy B Goodell.
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Shares of HES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HES stock can currently be purchased for approximately $137.57.

Hess (NYSE:HES) has a market capitalization of $42.41 billion and generates $11.57 billion in revenue each year. The oil and gas producer earns $2.22 billion in net income (profit) each year or $7.19 on an earnings per share basis.

The company employs 1,545 workers across the globe.

Hess' mailing address is 1185 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.hess.com. The oil and gas producer can be reached via phone at (212) 997-8500, via email at investorrelations@hess.com, or via fax at 212-536-8390.