Hess - HES Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HES shares.
View HES analyst ratings or view top-rated stocks.

12 Wall Street analysts have issued 12-month price objectives for Hess' stock. Their HES share price forecasts range from $88.00 to $165.00. On average, they anticipate the company's stock price to reach $136.85 in the next twelve months. This suggests a possible upside of 5.0% 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 $74.03 at the beginning of 2022. Since then, HES stock has increased by 76.1% and is now trading at $130.38.
View the best growth stocks for 2022 here.

Hess saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 6,370,000 shares, a decrease of 8.9% from the August 31st total of 6,990,000 shares. Based on an average daily volume of 1,950,000 shares, the short-interest ratio is currently 3.3 days. Approximately 2.3% of the shares of the stock are short sold.
View Hess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our HES earnings forecast.

Hess will be holding an earnings conference call on Wednesday, October 26th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Hess Co. (NYSE:HES) announced its earnings results on Wednesday, July, 27th. The oil and gas producer reported $2.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.07 by $0.08. The oil and gas producer earned $2.99 billion during the quarter, compared to analysts' expectations of $2.60 billion. Hess had a trailing twelve-month return on equity of 20.25% and a net margin of 15.53%. The business's revenue for the quarter was up 87.0% compared to the same quarter last year. During the same period last year, the firm posted $0.24 EPS.
Read the conference call transcript.

Hess declared a quarterly dividend on Wednesday, September 7th. Investors of record on Monday, September 19th will be paid a dividend of $0.375 per share on Friday, September 30th. This represents a $1.50 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend is Friday, September 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 1.18%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HES will have a dividend payout ratio of 13.27% 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 number of retail and institutional investors. Top institutional shareholders include First Hawaiian Bank (0.00%), Meyer Handelman Co. (0.00%) and Wedmont Private Capital (0.00%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of HES stock can currently be purchased for approximately $130.38.

Hess (NYSE:HES) has a market capitalization of $40.37 billion and generates $7.58 billion in revenue each year. The oil and gas producer earns $559 million in net income (profit) each year or $4.71 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.