Hess - HES Stock Forecast, Price & News

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 5 hold ratings and 9 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.

14 Wall Street analysts have issued 12 month price targets for Hess' stock. Their HES share price forecasts range from $130.00 to $200.00. On average, they predict the company's stock price to reach $164.00 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 $141.82 on January 1st, 2023. Since then, HES shares have increased by 10.2% and is now trading at $156.25.
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Hess saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 5,330,000 shares, a drop of 7.5% from the December 15th total of 5,760,000 shares. Based on an average trading volume of 1,840,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 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) announced its earnings results on Wednesday, January, 25th. The oil and gas producer reported $1.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 trailing twelve-month return on equity of 27.85% and a net margin of 19.21%. Hess's revenue was up 35.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.85 EPS.
Read the conference call transcript.

Hess announced a quarterly dividend on Wednesday, December 7th. Stockholders of record on Monday, December 19th will be paid a dividend of $0.375 per share on Thursday, December 29th. This represents a $1.50 annualized dividend and a dividend yield of 0.96%. The ex-dividend date 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 0.93%. 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 14.16% 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 many different retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (0.24%), Scout Investments Inc. (0.16%), Ceredex Value Advisors LLC (0.15%), Calamos Advisors LLC (0.11%), Natixis Advisors L.P. (0.10%) and New York State Teachers Retirement System (0.10%). 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.
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One share of HES stock can currently be purchased for approximately $156.25.

Hess (NYSE:HES) has a market capitalization of $48.17 billion and generates $11.57 billion in revenue each year. The oil and gas producer earns $559 million 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.