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 given a dividend of $0.25 per share on Monday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, December 14th. View Hess' Dividend History.

Hess declared that its Board of Directors has initiated a stock repurchase program 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. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Hess Corp. (NYSE:HES) posted its earnings results on Wednesday, October, 31st. The oil and gas producer reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.43. The oil and gas producer earned $1.83 billion during the quarter, compared to analyst estimates of $1.54 billion. Hess had a negative return on equity of 2.65% and a negative net margin of 47.06%. The firm's revenue was up 11.2% on a year-over-year basis. During the same period last year, the company earned ($1.07) EPS. View Hess' Earnings History.

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

Hess will be holding an earnings conference call on Wednesday, January 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8776936685.

15 equities research analysts have issued twelve-month price targets for Hess' shares. Their predictions range from $50.00 to $89.00. On average, they anticipate Hess' stock price to reach $68.6429 in the next twelve months. This suggests a possible upside of 30.0% 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, 7 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Press coverage about HES stock has trended very positive on Monday, according to InfoTrie Sentiment Analysis. The research firm 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 nearest to five being the most favorable. Hess earned a daily sentiment score of 3.2 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Hess saw a increase in short interest during the month of December. As of December 14th, there was short interest totalling 19,939,816 shares, an increase of 18.9% from the November 30th total of 16,773,037 shares. Based on an average trading volume of 4,653,804 shares, the days-to-cover ratio is currently 4.3 days. Approximately 7.7% of the company's shares are short sold. View Hess' Current Options Chain.

Some companies that are related to Hess include Suncor Energy (SU), Marathon Petroleum (MPC), Phillips 66 (PSX), 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 many different of institutional and retail investors. Top institutional shareholders include Packer & Co Ltd (0.46%), Trinity Street Asset Management LLP (0.26%), Arvest Bank Trust Division (0.06%), Nisa Investment Advisors LLC (0.03%), DFT Energy LP (0.03%) and Gateway Investment Advisers LLC (0.02%). 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 DFT Energy LP, Virtu Financial LLC, Nisa Investment Advisors LLC, Louisiana State Employees Retirement System, Gateway Investment Advisers LLC, Alpha Windward LLC and Arvest Bank Trust Division. 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 and Timothy B Goodell. View Insider Buying and Selling for Hess.

HES stock was purchased by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Packer & Co Ltd, QUANTRES ASSET MANAGEMENT Ltd, State of Alaska Department of Revenue, Meeder Asset Management Inc., Fruth Investment Management and DNB Asset Management AS. 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 $52.81.

Hess has a market capitalization of $15.65 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.

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]