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

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

Hess announced a quarterly dividend on Tuesday, June 5th. Investors 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 dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, June 15th. View Hess' Dividend History.

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

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

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

15 analysts have issued 1 year price targets for Hess' shares. Their forecasts range from $44.00 to $64.00. On average, they anticipate Hess' share price to reach $51.61 in the next twelve months. 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 Refining (CVRR), CVR Energy (CVI), Calumet Specialty Products Partners, L.P (CLMT), BP Prudhoe Bay Royalty Trust (BPT) and Trecora Resources (TREC).

Media headlines about HES stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hess earned a media sentiment score of 0.24 on Accern's scale. They also assigned news articles about the oil and gas producer an impact score of 46.20 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Hess' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Artisan Partners Limited Partnership (1.72%), Barrow Hanley Mewhinney & Strauss LLC (1.39%), Northern Trust Corp (1.01%), Levin Capital Strategies L.P. (1.00%), Dimensional Fund Advisors LP (0.81%) 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 Levin Capital Strategies L.P., Arosa Capital Management LP, OppenheimerFunds Inc., Great West Life Assurance Co. Can, DekaBank Deutsche Girozentrale, Artisan Partners Limited Partnership, Swiss National Bank and Northern Trust Corp. 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.

HES stock was purchased by a variety of institutional investors in the last quarter, including Elephas Investment Management Ltd, State of Wisconsin Investment Board, KBC Group NV, Central Securities Corp, Seven Eight Capital LP, Centenus Global Management LP, Arvest Bank Trust Division and Candriam Luxembourg S.C.A.. 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 $61.71.

Hess has a market capitalization of $18.80 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]