NYSE:HESHess Stock Price, Forecast & News

Hess' stock was trading at $36.69 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HES stock has increased by 55.4% and is now trading at $57.03. View which stocks have been most impacted by Coronavirus.

21 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 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Hess.

Hess is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Hess.

Hess Corp. (NYSE:HES) announced its quarterly earnings results on Thursday, May, 7th. The oil and gas producer reported ($0.60) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.65) by $0.05. The oil and gas producer had revenue of $1.37 billion for the quarter, compared to analysts' expectations of $1.48 billion. Hess had a negative net margin of 45.64% and a negative return on equity of 5.06%. The business's revenue was down 14.4% on a year-over-year basis. During the same period last year, the business earned $0.09 earnings per share. View Hess' earnings history.

Hess announced a quarterly dividend on Tuesday, June 2nd. Stockholders of record on Monday, June 15th will be given a dividend of $0.25 per share on Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Friday, June 12th. View Hess' dividend history.

21 analysts have issued 1-year price targets for Hess' stock. Their forecasts range from $37.00 to $93.00. On average, they expect Hess' share price to reach $59.79 in the next year. This suggests a possible upside of 4.8% from the stock's current price. View analysts' price targets for Hess.

News headlines about HES stock have trended negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hess earned a coverage optimism score of -2.7 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutHess.

Some companies that are related to Hess include China Petroleum & Chemical (SNP), Equinor ASA (EQNR), ConocoPhillips (COP), Phillips 66 (PSX), Valero Energy (VLO), Suncor Energy (SU), Marathon Petroleum (MPC), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF), CVR Energy (CVI), Delek US (DK), PBF Energy (PBF), Calumet Specialty Products Partners, L.P (CLMT) and Trecora Resources (TREC). View all competitors.

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), First Solar (FSLR), Intel (INTC), Chevron (CVX), ConocoPhillips (COP) and Exxon Mobil (XOM).

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

Hess' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.11%), State Street Corp (4.80%), Capital International Investors (3.36%), Primecap Management Co. CA (3.04%), Bank of New York Mellon Corp (2.02%) and Invesco Ltd. (1.92%). 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.

HES stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Artemis Investment Management LLP, Artemis Investment Management LLP, Janus Henderson Group PLC, Alliancebernstein L.P., Federated Hermes Inc., Morgan Stanley, and Morgan Stanley. Company insiders that have sold Hess company stock in the last year include Barbara J Lowery-Yilmaz, Geurt G Schoonman, Gregory P Hill, John B Hess, John P Rielly, Michael R Turner, Richard D Lynch, and Timothy B Goodell. View insider buying and selling activity for Hess.

HES stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Capital World Investors, State Street Corp, Primecap Management Co. CA, Bank of New York Mellon Corp, APG Asset Management N.V., 1832 Asset Management L.P., and Massachusetts Financial Services Co. MA. 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.

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.

One share of HES stock can currently be purchased for approximately $57.03.

Hess has a market capitalization of $17.52 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.

The official website for Hess is www.hess.com.

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]