NYSE:HES - Hess Stock Price, News & Analysis

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

Hess announced a quarterly dividend on Tuesday, June 4th. Investors of record on Monday, June 17th will be given a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, June 14th. View Hess' Dividend History.

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

Hess Corp. (NYSE:HES) released its quarterly earnings results on Wednesday, July, 31st. The oil and gas producer reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.01. The oil and gas producer had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.52 billion. Hess had a return on equity of 0.46% and a net margin of 1.09%. The firm's revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.23) earnings per share. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Hess.

14 Wall Street analysts have issued 1-year price targets for Hess' stock. Their forecasts range from $53.00 to $93.00. On average, they expect Hess' share price to reach $70.25 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price. View Analyst Price Targets for Hess.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 1 sell rating, 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

News articles about HES stock have been trending positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by monitoring 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 news sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the next several days. View News Stories for Hess.

Hess saw a increase in short interest in July. As of July 31st, there was short interest totalling 12,495,500 shares, an increase of 7.7% from the June 30th total of 11,602,300 shares. Based on an average trading volume of 2,910,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 4.7% of the shares of the company are sold short. View Hess' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Medivation (MDVN), Incyte (INCY), Intrexon (XON), First Solar (FSLR), Celgene (CELG), Citigroup (C), Freeport-McMoRan (FCX) and Schlumberger (SLB).

Hess' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.85%), BlackRock Inc. (5.76%), Price T Rowe Associates Inc. MD (3.21%), Barrow Hanley Mewhinney & Strauss LLC (3.10%), Primecap Management Co. CA (2.74%) and Invesco Ltd. (2.16%). Company insiders that own Hess stock include Andrew P Slentz, 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, 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 Price T Rowe Associates Inc. MD, Allianz Asset Management GmbH, UBS Asset Management Americas Inc., Impala Asset Management LLC, Strs Ohio, Artemis Investment Management LLP, Anchor Bolt Capital LP and Wells Fargo & Company MN. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Barbara J Lowery-Yilmaz, 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.

HES stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Bank of New York Mellon Corp, Vanguard Group Inc., Packer & Co Ltd, Invesco Ltd., Investec Asset Management LTD, Fisher Asset Management LLC and Holocene Advisors LP. Company insiders that have bought Hess stock in the last two years include Kevin Omar Meyers and Risa J Lavizzo-Mourey. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of HES stock can currently be purchased for approximately $62.60.

Hess has a market capitalization of $19.06 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 1,708 workers across the globe.View Additional Information About Hess.

The official website for Hess is http://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]