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NYSE:HES

Hess Stock Forecast, Price & News

$36.60
-1.46 (-3.84 %)
(As of 10/19/2020 12:00 AM ET)
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Today's Range
$36.50
Now: $36.60
$38.64
50-Day Range
$37.68
MA: $41.69
$47.15
52-Week Range
$26.06
Now: $36.60
$74.11
Volume2.13 million shs
Average Volume3.11 million shs
Market Capitalization$11.24 billion
P/E RatioN/A
Dividend Yield2.63%
Beta2.17
Hess Corporation, an exploration and production company, explores, 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, 2019, it had total proved reserves of 1,197 million barrels of oil equivalent. The company is also involved in the gathering, compressing, and processing of natural gas; fractionating NGLs; terminaling, loading, and transporting crude oil and NGLs through rail car; storing and terminaling propane, as well as providing water handling services primarily in the Bakken 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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Beat the Market (BTM) Rank

Analyst Opinion: 4.3Community Rank: 2.4Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.83 out of 5 stars

Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
CUSIP42809H10
CIK4447
Phone212-997-8500
Employees1,775

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.51 billion
Cash Flow$5.72 per share
Book Value$31.85 per share

Profitability

Net Income$-408,000,000.00

Miscellaneous

Market Cap$11.24 billion
Next Earnings Date10/28/2020 (Confirmed)
OptionableOptionable
$36.60
-1.46 (-3.84 %)
(As of 10/19/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Hess (NYSE:HES) Frequently Asked Questions

How has Hess' stock price been impacted by COVID-19?

Hess' stock was trading at $36.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HES stock has decreased by 0.2% and is now trading at $36.60.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Hess?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 2 sell ratings, 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Hess
.

When is Hess' next earnings date?

Hess is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for Hess
.

How can I listen to Hess' earnings call?

Hess will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Hess' earnings last quarter?

Hess Co. (NYSE:HES) posted its quarterly earnings results on Wednesday, July, 29th. The oil and gas producer reported ($1.05) earnings per share for the quarter, beating analysts' consensus estimates of ($1.14) by $0.09. The oil and gas producer had revenue of $842 million for the quarter, compared to analyst estimates of $996.22 million. Hess had a negative return on equity of 8.81% and a negative net margin of 58.62%. The company's revenue for the quarter was down 50.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.09) EPS.
View Hess' earnings history
.

How often does Hess pay dividends? What is the dividend yield for Hess?

Hess announced a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.25 per share on Wednesday, September 30th. This represents a $1.00 annualized dividend and a yield of 2.73%. The ex-dividend date is Monday, September 14th.
View Hess' dividend history
.

What price target have analysts set for HES?

20 Wall Street analysts have issued twelve-month target prices for Hess' stock. Their forecasts range from $47.00 to $80.00. On average, they expect Hess' share price to reach $57.22 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price.
View analysts' price targets for Hess
.

Are investors shorting Hess?

Hess saw a decrease in short interest during the month of September. As of September 30th, there was short interest totaling 8,240,000 shares, a decrease of 20.2% from the September 15th total of 10,330,000 shares. Based on an average daily trading volume, of 2,260,000 shares, the days-to-cover ratio is presently 3.6 days. Currently, 3.0% of the shares of the company are sold short.
View Hess' Short Interest
.

Who are some of Hess' key competitors?

What other stocks do shareholders of Hess own?

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

Who are Hess' key executives?

Hess' management team includes the following people:
  • Mr. John B. Hess, CEO & Director (Age 66, Pay $4.8M)
  • Mr. Gregory P. Hill, Pres & COO (Age 59, Pay $3.21M)
  • Mr. John P. Rielly, Sr. VP & CFO (Age 58, Pay $1.82M)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 63, Pay $1.79M)
  • Mr. Richard Lynch, Sr. VP of Technology & Services (Age 63)
  • Mr. Jay R. Wilson, VP of Investor Relations (Age 74)
  • Lorrie Hecker, VP of Communications
  • Mr. Andrew P. Slentz, Sr. VP of HR & Office Management (Age 58)
  • Jonathan C. Stein, VP, CFO of Midstream & Chief Risk Officer
  • Mr. C. Martin Dunagin Jr., Chief Tax Exec.

What is Hess' stock symbol?

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

Who are Hess' major shareholders?

Hess' stock is owned by many different retail and institutional investors. Top institutional investors include Candriam Luxembourg S.C.A. (0.08%), State of Alaska Department of Revenue (0.07%), Viking Fund Management LLC (0.01%), DNB Asset Management AS (0.01%), Envestnet Asset Management Inc. (0.01%) and Trust Co. of Oklahoma (0.01%). Company insiders that own Hess stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, Gregory P Hill, John B Hess, John P Rielly, Marc S Lipschultz, Michael R Turner, Richard D Lynch, Risa J Lavizzo-Mourey and Timothy B Goodell.
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 Crossmark Global Holdings Inc., Pacer Advisors Inc., Coastline Trust Co, and DNB Asset Management AS. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Geurt G Schoonman, Gregory P Hill, John B Hess, John P Rielly, Richard D Lynch, and Timothy B Goodell.
View insider buying and selling activity for Hess
.

Which institutional investors are buying Hess stock?

HES stock was purchased by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Trust Co. of Oklahoma, State of Alaska Department of Revenue, Viking Fund Management LLC, Envestnet Asset Management Inc., Louisiana State Employees Retirement System, IBM Retirement Fund, and IFM Investors Pty Ltd. Company insiders that have bought Hess stock in the last two years include Marc S Lipschultz, and Risa J Lavizzo-Mourey.
View insider buying and selling activity 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 $36.60.

How big of a company is Hess?

Hess has a market capitalization of $11.24 billion and generates $6.51 billion in revenue each year. The oil and gas producer earns $-408,000,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis. Hess employs 1,775 workers across the globe.

What is Hess' official website?

The official website for Hess is 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]

This page was last updated on 10/20/2020 by MarketBeat.com Staff

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