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

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

Hess declared a quarterly dividend on Tuesday, June 5th. Stockholders 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 1.58%. The ex-dividend date is Friday, June 15th. View Hess' Dividend History.

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

Hess Corp. (NYSE:HES) issued its quarterly earnings results on Wednesday, April, 25th. The oil and gas producer reported ($0.27) earnings per share for the quarter, beating the consensus estimate of ($0.50) by $0.23. The oil and gas producer had revenue of $1.39 billion for 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 business's revenue for the quarter was up 10.8% compared to the same quarter last year. 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, July, 25th 2018. View Earnings Estimates for Hess.

15 equities research analysts have issued 1-year price targets for Hess' stock. Their forecasts range from $44.00 to $84.00. On average, they expect Hess' stock price to reach $56.5031 in the next year. This suggests that the stock has a possible downside of 11.0%. View Analyst Ratings for Hess.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 3 sell ratings, 8 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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), BP Prudhoe Bay Royalty Trust (BPT), Calumet Specialty Products Partners, L.P (CLMT) and Trecora Resources (TREC).

Press coverage about HES stock has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Hess earned a media sentiment score of 0.14 on Accern's scale. They also gave news headlines about the oil and gas producer an impact score of 45.22 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Hess' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Trinity Street Asset Management LLP (0.17%), Retirement Systems of Alabama (0.09%), NN Investment Partners Holdings N.V. (0.03%), Gateway Investment Advisers LLC (0.02%), Viking Fund Management LLC (0.02%) and State of Alaska Department of Revenue (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 NN Investment Partners Holdings N.V., Manning & Napier Group LLC, Gateway Investment Advisers LLC, CenturyLink Investment Management Co and DnB Asset Management AS. 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 acquired by a variety of institutional investors in the last quarter, including Trinity Street Asset Management LLP, Viking Fund Management LLC, Retirement Systems of Alabama, State of Alaska Department of Revenue, IFM Investors Pty Ltd, Krueger & Catalano Capital Partners LLC and Xact Kapitalforvaltning AB. 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 $63.46.

Hess has a market capitalization of $19.97 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]