NYSE:HES - Hess Stock Price, News, & Analysis

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

Hess declared a quarterly dividend on Tuesday, June 5th. Shareholders of record on Monday, June 18th will be given 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 1.60%. The ex-dividend date of this dividend is Friday, June 15th. View Hess' Dividend History.

Hess announced that its board has initiated a stock repurchase plan on Thursday, March 8th 2018, which authorizes the company to buyback $1,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

Hess Corp. (NYSE:HES) announced its quarterly earnings data on Wednesday, July, 25th. The oil and gas producer reported ($0.23) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.32) by $0.09. The oil and gas producer earned $1.57 billion during the quarter, compared to analyst estimates of $1.35 billion. Hess had a negative return on equity of 6.04% and a negative net margin of 59.77%. The firm's quarterly revenue was up 30.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.46) earnings per share. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Hess.

14 brokerages have issued 12-month price targets for Hess' stock. Their forecasts range from $44.00 to $84.00. On average, they anticipate Hess' share price to reach $61.00 in the next twelve months. This suggests that the stock has a possible downside of 2.2%. 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 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Some companies that are related to Hess include Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), Andeavor (ANDV), HollyFrontier (HFC), YPF (YPF), PBF Energy (PBF), Delek US (DK), CVR Energy (CVI), CVR Refining (CVRR), BP Prudhoe Bay Royalty Trust (BPT), Calumet Specialty Products Partners, L.P (CLMT) and Trecora Resources (TREC).

News articles about HES stock have trended positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hess earned a daily sentiment score of 0.26 on Accern's scale. They also gave media stories about the oil and gas producer an impact score of 48.53 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. View Recent Headlines for Hess.

Hess' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Artisan Partners Limited Partnership (1.42%), Dimensional Fund Advisors LP (0.81%), Levin Capital Strategies L.P. (0.76%), Investec Asset Management LTD (0.67%), Millennium Management LLC (0.65%) and Massachusetts Financial Services Co. MA (0.57%). 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.

HES stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Artisan Partners Limited Partnership, Levin Capital Strategies L.P., Strs Ohio, Russell Investments Group Ltd., Klingenstein Fields & Co. LLC and KBC Group NV. Company insiders that have sold Hess company stock in the last year include 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.

HES stock was acquired by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Trinity Street Asset Management LLP, Asia Research & Capital Management Ltd, OppenheimerFunds Inc., Packer & Co Ltd, CastleArk Alternatives LLC, Los Angeles Capital Management & Equity Research Inc. and Investec Asset Management LTD. 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.

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 $62.35.

Hess has a market capitalization of $19.26 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.

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]