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

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$57.58 +0.51 (+0.89 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$57.07
Today's Range$57.29 - $58.23
52-Week Range$35.59 - $74.81
Volume2.60 million shs
Average Volume4.78 million shs
Market Capitalization$17.06 billion
P/E Ratio-77.81
Dividend Yield1.75%
Beta1.93
Hess Corporation, an exploration and production company, 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, 2017, it had total proved reserves of 1,154 million barrels of oil equivalent. The company is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane primarily in the Bakken and Three Forks 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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Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
CUSIP42809H10
Phone212-997-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.47 billion
Cash Flow$5.9239 per share
Book Value$36.75 per share

Profitability

Net Income$-282,000,000.00

Miscellaneous

Employees2,075
Market Cap$17.06 billion
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 declared a quarterly dividend on Wednesday, December 5th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.25 per share on Monday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, December 14th. View Hess' Dividend History.

How will Hess' stock buyback program work?

Hess announced that its board has authorized a stock repurchase program on Thursday, March 8th 2018, which permits the company to repurchase $1,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's management believes its shares are undervalued.

How were Hess' earnings last quarter?

Hess Corp. (NYSE:HES) announced its quarterly earnings results on Wednesday, January, 30th. The oil and gas producer reported ($0.31) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.41) by $0.10. The oil and gas producer had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.49 billion. Hess had a negative net margin of 2.91% and a negative return on equity of 0.73%. The firm's revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the business earned ($1.01) EPS. View Hess' Earnings History.

When is Hess' next earnings date?

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

What price target have analysts set for HES?

15 Wall Street analysts have issued 12-month price targets for Hess' stock. Their forecasts range from $50.00 to $89.00. On average, they anticipate Hess' stock price to reach $66.9286 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for Hess.

What is the consensus analysts' recommendation for Hess?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Has Hess been receiving favorable news coverage?

Headlines about HES stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of 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 coverage optimism score of 1.3 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Are investors shorting Hess?

Hess saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 21,459,278 shares, a decline of 14.3% from the January 15th total of 25,043,521 shares. Based on an average daily trading volume, of 4,690,364 shares, the short-interest ratio is currently 4.6 days. Currently, 8.2% of the shares of the stock are short sold. View Hess' Current Options Chain.

Who are some of Hess' key competitors?

Who are Hess' key executives?

Hess' management team includes the folowing people:
  • Mr. John B. Hess, CEO & Director (Age 65)
  • Mr. Gregory P. Hill, Pres & COO (Age 58)
  • Mr. John P. Rielly, CFO & Sr. VP (Age 57)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Sec. (Age 62)
  • Mr. Michael R. Turner, Sr. VP of Production (Age 60)

Who are Hess' major shareholders?

Hess' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (1.10%), Geode Capital Management LLC (1.10%), Dimensional Fund Advisors LP (0.83%), Levin Capital Strategies L.P. (0.73%), Millennium Management LLC (0.67%) and Investec Asset Management LTD (0.66%). Company insiders that own Hess stock include 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, Timothy B Goodell and William G Schrader. 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 Anchor Bolt Capital LP, Lord Abbett & CO. LLC, Prudential Financial Inc., Standard Life Aberdeen plc, Investec Asset Management LTD, DFT Energy LP, Zurcher Kantonalbank Zurich Cantonalbank and Mirae Asset Global Investments Co. Ltd.. Company insiders that have sold Hess company stock in the last year include 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 institutional investors are buying Hess stock?

HES stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, United Services Automobile Association, Northern Trust Corp, Two Sigma Advisers LP, First Trust Advisors LP, Trinity Street Asset Management LLP and Elephas Investment Management Ltd. Company insiders that have bought Hess stock in the last two years include Kevin Omar Meyers and William G Schrader. 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, Scottrade, Fidelity and Charles Schwab.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $57.58.

How big of a company is Hess?

Hess has a market capitalization of $17.06 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 2,075 workers across the globe.

What is Hess' official website?

The official website for Hess is http://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]


MarketBeat Community Rating for Hess (NYSE HES)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  597 (Vote Outperform)
Underperform Votes:  658 (Vote Underperform)
Total Votes:  1,255
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.
This page was last updated on 2/15/2019 by MarketBeat.com Staff

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