NYSE:HES - Hess Stock Price, News & Analysis

$59.56
-4.39 (-6.86 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$59.2701
Now: $59.56
$63.50
50-Day Range
$57.01
MA: $61.21
$65.40
52-Week Range
$35.59
Now: $59.56
$74.81
Volume3.12 million shs
Average Volume3.43 million shs
Market Capitalization$18.13 billion
P/E RatioN/A
Dividend Yield1.56%
Beta1.97
Hess Corporation, an exploration and production company, explores for, 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. Read More…

Industry, Sector and Symbol

Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
CUSIP42809H10
CIK4447
Phone212-997-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.47 billion
Cash Flow$5.4843 per share
Book Value$34.59 per share

Profitability

Net Income$-282,000,000.00

Miscellaneous

Employees1,708
Market Cap$18.13 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 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 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Friday, June 14th. View Hess' Dividend History.

How will Hess' stock buyback program work?

Hess declared that its board has authorized a stock buyback program on Thursday, March 8th 2018, which allows the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

How were Hess' earnings last quarter?

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

When is Hess' next earnings date?

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

What price target have analysts set for HES?

13 Wall Street analysts have issued 12 month target prices for Hess' stock. Their predictions range from $53.00 to $93.00. On average, they anticipate Hess' stock price to reach $69.9091 in the next year. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Hess.

What is the consensus analysts' recommendation for Hess?

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

Has Hess been receiving favorable news coverage?

Press coverage about HES stock has trended positive this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news 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 news sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the near term. View News Stories for Hess.

Are investors shorting 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 short sold. View Hess' Current Options Chain.

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), Medivation (MDVN), Incyte (INCY), Intrexon (XON), First Solar (FSLR), Celgene (CELG), Citigroup (C), Freeport-McMoRan (FCX) and Schlumberger (SLB).

Who are Hess' key executives?

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

Who are Hess' major shareholders?

Hess' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.85%), BlackRock Inc. (5.76%), BlackRock Inc. (5.76%), Price T Rowe Associates Inc. MD (3.21%), Barrow Hanley Mewhinney & Strauss LLC (3.10%) and Primecap Management Co. CA (2.74%). 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.

Which major investors are selling Hess stock?

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.

Which major investors are buying Hess stock?

HES stock was acquired 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.

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 $59.56.

How big of a company is Hess?

Hess has a market capitalization of $18.13 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.

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:  627 (Vote Outperform)
Underperform Votes:  691 (Vote Underperform)
Total Votes:  1,318
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 8/24/2019 by MarketBeat.com Staff

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