NYSE:HES - Hess Stock Price, Price Target & More

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$64.32 +0.28 (+0.44 %)
(As of 07/23/2018 11:44 AM ET)
Previous Close$64.40
Today's Range$63.47 - $64.65
52-Week Range$37.25 - $71.14
Volume155,109 shs
Average Volume3.04 million shs
Market Capitalization$19.22 billion
P/E Ratio-13.89
Dividend Yield1.56%
Beta1.46
Hess logoHess 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

Stock Exchange NYSE
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
SymbolNYSE:HES
CUSIP42809H10
Phone212-997-8500

Debt

Debt-to-Equity Ratio0.53
Current Ratio2.63
Quick Ratio2.51

Price-To-Earnings

Trailing P/E Ratio-13.89
Forward P/E Ratio-93.22
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.41 billion
Price / Sales3.57
Cash Flow$4.6846 per share
Price / Cash13.73
Book Value$38.88 per share
Price / Book1.65

Profitability

EPS (Most Recent Fiscal Year)($4.61)
Net Income$-4,074,000,000.00
Net Margins-69.10%
Return on Equity-8.54%
Return on Assets-4.62%

Miscellaneous

Employees2,075
Outstanding Shares300,110,000
Market Cap$19,219.23

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 5th. Shareholders of record on Monday, June 18th will be paid a dividend of $0.25 per share on Friday, June 29th. This represents a $1.00 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Friday, June 15th. View Hess' Dividend History.

How will Hess' stock buyback program work?

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

How were Hess' earnings last quarter?

Hess Corp. (NYSE:HES) released its earnings results on Wednesday, April, 25th. The oil and gas producer reported ($0.27) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.50) by $0.23. The oil and gas producer earned $1.39 billion during the quarter, compared to the consensus estimate of $1.23 billion. Hess had a negative return on equity of 8.54% and a negative net margin of 69.10%. Hess's revenue was up 10.8% on a year-over-year basis. During the same quarter last year, the firm earned ($1.07) earnings per share. View Hess' Earnings History.

When is Hess' next earnings date?

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Hess.

What price target have analysts set for HES?

13 brokers have issued 12 month price objectives for Hess' stock. Their predictions range from $44.00 to $84.00. On average, they expect Hess' share price to reach $57.1283 in the next year. This suggests that the stock has a possible downside of 10.8%. View Analyst Ratings 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 3 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 64)
  • Mr. Gregory P. Hill, Pres & COO (Age 57)
  • Mr. John P. Rielly, CFO & Sr. VP (Age 56)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Michael R. Turner, Sr. VP of Production (Age 59)

Has Hess been receiving favorable news coverage?

Media coverage about HES stock has trended somewhat positive on Monday, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hess earned a news impact score of 0.11 on Accern's scale. They also gave news articles about the oil and gas producer an impact score of 45.88 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Hess' major shareholders?

Hess' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Factory Mutual Insurance Co. (0.19%), Trinity Street Asset Management LLP (0.17%), Retirement Systems of Alabama (0.09%), Arvest Bank Trust Division (0.07%), Westpac Banking Corp (0.05%) and DFT Energy LP (0.04%). 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, Timothy B Goodell and William G Schrader. 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 Factory Mutual Insurance Co., Nikko Asset Management Americas Inc., DFT Energy LP, Westpac Banking Corp, NN Investment Partners Holdings N.V., Whittier Trust Co. of Nevada Inc., Hartford Investment Management Co. and Creative Planning. Company insiders that have sold Hess company stock in the last year include Barbara J Lowery-Yilmaz, Brian D Truelove, Gregory P Hill, John B Hess, John P Rielly, Michael R Turner and Timothy B Goodell. View Insider Buying and Selling for Hess.

Which major investors are buying Hess stock?

HES stock was purchased by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Viking Fund Management LLC, Retirement Systems of Alabama, State of Alaska Department of Revenue, Cornerstone Wealth Management LLC, Nisa Investment Advisors LLC, IFM Investors Pty Ltd and Krueger & Catalano Capital Partners LLC. 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 $64.05.

How big of a company is Hess?

Hess has a market capitalization of $19.22 billion and generates $5.41 billion in revenue each year. The oil and gas producer earns $-4,074,000,000.00 in net income (profit) each year or ($4.61) on an earnings per share basis. Hess employs 2,075 workers across the globe.

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:  543 (Vote Outperform)
Underperform Votes:  583 (Vote Underperform)
Total Votes:  1,126
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 7/23/2018 by MarketBeat.com Staff

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