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

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$62.35 -0.39 (-0.62 %)
(As of 08/19/2018 03:22 AM ET)
Previous Close$62.35
Today's Range$62.25 - $63.37
52-Week Range$37.25 - $71.14
Volume2.31 million shs
Average Volume4.01 million shs
Market Capitalization$19.26 billion
P/E Ratio-13.52
Dividend Yield1.63%
Beta1.37
Hess logoHess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. It operates through two segments, Exploration and Production, and Midstream. The company conducts production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities primarily offshore Guyana, Suriname, Canada, and in the Gulf of Mexico. As of December 31, 2017, it had total proved reserves of 1,154 million barrels of oil equivalent. The company is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. The company was founded in 1920 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
SymbolNYSE:HES
CUSIP42809H10
Phone212-997-8500

Debt

Debt-to-Equity Ratio0.56
Current Ratio2.41
Quick Ratio2.29

Price-To-Earnings

Trailing P/E Ratio-13.52
Forward P/E Ratio-70.06
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.41 billion
Price / Sales3.46
Cash Flow$4.5247 per share
Price / Cash13.78
Book Value$38.88 per share
Price / Book1.60

Profitability

EPS (Most Recent Fiscal Year)($4.61)
Net Income$-4,074,000,000.00
Net Margins-59.77%
Return on Equity-6.04%
Return on Assets-3.24%

Miscellaneous

Employees2,075
Outstanding Shares299,690,000
Market Cap$19.26 billion

Hess (NYSE:HES) Frequently Asked Questions

What is Hess' stock symbol?

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

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

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.

How will Hess' stock buyback program work?

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.

How were Hess' earnings last quarter?

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.

When is Hess' next earnings date?

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

What price target have analysts set for HES?

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.

What is the consensus analysts' recommendation 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.

Who are some of Hess' key competitors?

Who are Hess' key executives?

Hess' management team includes the folowing people:
  • Mr. John B. Hess, CEO & Director (Age 64)
  • Mr. Gregory P. Hill, Pres & COO (Age 57)
  • Mr. John P. Rielly, CFO & Sr. VP (Age 56)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Michael R. Turner, Sr. VP of Production (Age 59)

Has Hess been receiving favorable news coverage?

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.

Who are Hess' major shareholders?

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.

Which institutional investors are selling Hess stock?

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.

Which institutional investors are buying Hess stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $62.35.

How big of a company is Hess?

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.

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 or via email at [email protected]


MarketBeat Community Rating for Hess (NYSE HES)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  555 (Vote Outperform)
Underperform Votes:  602 (Vote Underperform)
Total Votes:  1,157
MarketBeat's community ratings are surveys of what our community members think about Hess and other stocks. Vote "Outperform" if you believe HES will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HES will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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