Hess (HES) Stock Forecast, Price & News

Hess (NYSE:HES) Frequently Asked Questions

Is Hess a buy right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 2 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hess stock.
View analyst ratings for Hess or view top-rated stocks.

Are investors shorting Hess?

Hess saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 8,000,000 shares, an increase of 35.1% from the April 30th total of 5,920,000 shares. Based on an average daily trading volume, of 2,630,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.9% of the shares of the stock are sold short.
View Hess' Short Interest.

When is Hess' next earnings date?

Hess is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Hess.

How were Hess' earnings last quarter?

Hess Co. (NYSE:HES) issued its quarterly earnings results on Wednesday, April, 27th. The oil and gas producer reported $1.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.12 by $0.18. The oil and gas producer had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.05 billion. Hess had a trailing twelve-month return on equity of 12.35% and a net margin of 9.01%. The company's quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter last year, the business posted $0.82 earnings per share.
View Hess' earnings history.

How often does Hess pay dividends? What is the dividend yield for Hess?

Hess announced a quarterly dividend on Thursday, May 26th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.375 per share on Thursday, June 30th. This represents a $1.50 dividend on an annualized basis and a yield of 1.22%.
View Hess' dividend history.

Is Hess a good dividend stock?

Hess pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.26%. Hess does not yet have a strong track record of dividend growth. The dividend payout ratio of Hess is 64.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hess will have a dividend payout ratio of 11.16% next year. This indicates that Hess will be able to sustain or increase its dividend.
View Hess' dividend history.

What price target have analysts set for HES?

14 Wall Street analysts have issued 1 year target prices for Hess' shares. Their forecasts range from $88.00 to $140.00. On average, they anticipate Hess' share price to reach $119.14 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
View analysts' price targets for Hess or view top-rated stocks among Wall Street analysts.

Who are Hess' key executives?

Hess' management team includes the following people:

• Mr. John B. Hess, CEO & Director (Age 68, Pay $3.91M)
• Mr. John P. Rielly, Exec. VP & CFO (Age 60, Pay $1.61M)
• Mr. Gregory P. Hill, COO and Pres of Exploration & Production (Age 61, Pay $2.64M) (LinkedIn Profile)
• Mr. Timothy B. Goodell, Exec. VP, Gen. Counsel, Corp. Sec. & Chief Compliance Officer (Age 65, Pay $1.59M)
• Mr. Richard Lynch, Sr. VP of Technology & Services (Age 64) (LinkedIn Profile)
• Mr. Jay R. Wilson, VP of Investor Relations (Age 76)
• Lorrie Hecker, VP of Communications
• Mr. Andrew P. Slentz, Sr. VP of HR & Office Management (Age 60) (LinkedIn Profile)
• Jonathan C. Stein, VP, CFO of Midstream & Chief Risk Officer
• Mr. C. Martin Dunagin Jr., Chief Tax Exec.

What is John B. Hess' approval rating as Hess' CEO?

200 employees have rated Hess CEO John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among Hess' employees.

Who are some of Hess' key competitors?

Some companies that are related to Hess include ConocoPhillips (COP), Equinor ASA (EQNR), BP (BP), China Petroleum & Chemical (SNP), Suncor Energy (SU), Marathon Petroleum (MPC), Valero Energy (VLO), Phillips 66 (PSX), Imperial Oil (IMO), Imperial Oil (IMO), Repsol (REPYY), Sunoco (SUN), PBF Energy (PBF), CVR Energy (CVI) and Delek US (DK).
View all of HES's 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), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC), First Solar (FSLR), Walt Disney (DIS), Schlumberger (SLB) and Chevron (CVX).

What is Hess' stock symbol?

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

Who are Hess' major shareholders?

Hess' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.94%), BlackRock Inc. (8.41%), State Street Corp (6.15%), Primecap Management Co. CA (2.97%), Bank of New York Mellon Corp (1.48%) and Fisher Asset Management LLC (1.35%). Company insiders that own Hess stock include Andrew P Slentz, Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, Geurt G Schoonman, Gregory P Hill, Gregory P Hill, John B Hess, John B Hess, John P Rielly, Michael Mcknight, Richard D Lynch, Sami A Siddiqui 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 Wellington Management Group LLP, Bank of Montreal Can, Renaissance Technologies LLC, APG Asset Management N.V., New York State Common Retirement Fund, Invesco Ltd., Strs Ohio, and Primecap Management Co. CA. Company insiders that have sold Hess company stock in the last year include Barbara J Lowery-Yilmaz, Geurt G Schoonman, Gregory P Hill, John B Hess, John P Rielly, Michael Mcknight, Richard D Lynch, and Timothy B Goodell.
View insider buying and selling activity for Hess or view top insider-selling stocks.

Which major investors are buying Hess stock?

HES stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Phoenix Holdings Ltd., Ninety One UK Ltd, Packer & Co Ltd, Massachusetts Financial Services Co. MA, Lord Abbett & CO. LLC, Vanguard Group Inc., and PointState Capital LP.
View insider buying and selling activity for Hess or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $123.08.

How much money does Hess make?

Hess has a market capitalization of $38.31 billion and generates $7.58 billion in revenue each year. The oil and gas producer earns $559 million in net income (profit) each year or $2.319990 on an earnings per share basis.

How many employees does Hess have?

Hess employs 1,545 workers across the globe.

Does Hess have any subsidiaries?

The following companies are subsidiares of Hess: American Oil & Gas, Bakken Acreage, Hess (Indonesia-VIII) Holdings Limited, Hess Asia Holdings Inc., Hess Bakken Investments II LLC, Hess Bakken Investments III LLC, Hess Bakken Investments IV LLC, Hess Baldpate-Penn State LLC, Hess Canada (Aspy) Exploration Limited, Hess Canada Exploration Limited, Hess Canada Oil and Gas ULC, Hess Capital Limited, Hess Capital Services Holdings LLC, Hess Capital Services LLC, Hess Capital Services Limited, Hess Conger LLC, Hess Energy Exploration LLC, Hess Equatorial Guinea Investments Limited, Hess Exploration Services Inc., Hess Exploration and Production Holdings LLC, Hess Exploration and Production Malaysia B.V., Hess Finance, Hess GOM Deepwater LLC, Hess GOM Deepwater Sub-Holdings LLC, Hess GOM Exploration LLC, Hess Guyana (Block B) Exploration Limited, Hess Guyana (Liza) Exploration Limited, Hess Guyana Exploration Limited, Hess Holdings EG Limited, Hess Holdings GOM Ventures LLC, Hess Holdings West Africa Limited, Hess International Holdings Corporation, Hess International Holdings Limited, Hess International Receivables Limited, Hess International Sales LLC, Hess Libya (Waha) Limited, Hess Libya Exploration Limited, Hess Limited, Hess Llano LLC, Hess Middle East New Ventures Limited, Hess NWE Holdings, Hess New Ventures Exploration Limited, Hess Offshore Response Company LLC, Hess Ohio Developments LLC, Hess Ohio Holdings LLC, Hess Ohio Sub-Holdings LLC, Hess Oil & Gas Sdn. Bhd., Hess Oil Company of Thailand (JDA) Limited, Hess Oil Company of Thailand Ltd. Co., Hess Oil Production and Exploration LLC, Hess Oil and Gas Holdings Inc., Hess Oil and Gas International II Limited, Hess Oil and Gas International Limited, Hess Services UK Limited, Hess Stampede LLC, Hess Suriname Exploration Limited, Hess TGP Finance Company LLC, Hess Trading Corporation, Hess Tubular Bells LLC, Hess West Africa Holdings Limited, Marquette Exploration LLC, Meadville Corporation, and Triton Energy.

When was Hess founded?

Hess was founded in 1933.

What is Hess' official website?

The official website for Hess is 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, via email at [email protected], or via fax at 212-536-8390.