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 Wednesday, December 5th. Shareholders of record on Monday, December 17th will be paid a dividend of $0.25 per share on Monday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend is Friday, December 14th. View Hess' Dividend History.

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

Hess Corp. (NYSE:HES) announced its quarterly earnings results on Wednesday, January, 30th. The oil and gas producer reported ($0.31) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.41) by $0.10. The oil and gas producer had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.49 billion. Hess had a negative net margin of 2.91% and a negative return on equity of 0.73%. The firm's revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the business earned ($1.01) EPS. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Hess.

15 Wall Street analysts have issued 12-month price targets for Hess' stock. Their forecasts range from $50.00 to $89.00. On average, they anticipate Hess' stock price to reach $66.9286 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price. View Analyst Price Targets for Hess.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Headlines about HES stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by reviewing more than six thousand news and blog 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 coverage optimism score of 1.3 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Hess saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 21,459,278 shares, a decline of 14.3% from the January 15th total of 25,043,521 shares. Based on an average daily trading volume, of 4,690,364 shares, the short-interest ratio is currently 4.6 days. Currently, 8.2% of the shares of the stock are short sold. View Hess' Current Options Chain.

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

Hess' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Northern Trust Corp (1.10%), Geode Capital Management LLC (1.10%), Dimensional Fund Advisors LP (0.83%), Levin Capital Strategies L.P. (0.73%), Millennium Management LLC (0.67%) and Investec Asset Management LTD (0.66%). 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, Richard D Lynch, 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 Anchor Bolt Capital LP, Lord Abbett & CO. LLC, Prudential Financial Inc., Standard Life Aberdeen plc, Investec Asset Management LTD, DFT Energy LP, Zurcher Kantonalbank Zurich Cantonalbank and Mirae Asset Global Investments Co. Ltd.. Company insiders that have sold Hess company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Millennium Management LLC, United Services Automobile Association, Northern Trust Corp, Two Sigma Advisers LP, First Trust Advisors LP, Trinity Street Asset Management LLP and Elephas Investment 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 $57.58.

Hess has a market capitalization of $17.06 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 2,075 workers across the globe.

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]