NYSE:HES - Hess Stock Price, Forecast & News

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

Hess declared a quarterly dividend on Friday, December 6th. Shareholders of record on Monday, December 16th will be given a dividend of $0.25 per share on Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date of this dividend is Friday, December 13th. View Hess' Dividend History.

Hess declared that its board has initiated a stock 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Hess Corp. (NYSE:HES) released its earnings results on Wednesday, October, 30th. The oil and gas producer reported ($0.32) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.32). The oil and gas producer earned $1.52 billion during the quarter, compared to analyst estimates of $1.52 billion. Hess had a negative net margin of 2.82% and a negative return on equity of 1.62%. The business's revenue for the quarter was down 17.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 EPS. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Hess.

Hess will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

15 analysts have issued 1-year target prices for Hess' stock. Their forecasts range from $61.00 to $93.00. On average, they anticipate Hess' stock price to reach $73.40 in the next twelve months. This suggests a possible upside of 5.0% 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 3 sell ratings, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Media headlines about HES stock have been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hess earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Hess.

Hess saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 11,970,000 shares, a drop of 8.5% from the December 15th total of 13,080,000 shares. Based on an average trading volume of 2,240,000 shares, the short-interest ratio is presently 5.3 days. Approximately 4.4% of the company's stock are short sold. View Hess' Current Options Chain.

Some companies that are related to Hess include China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Phillips 66 (PSX), Valero Energy (VLO), Marathon Petroleum (MPC), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF), CVR Energy (CVI), PBF Energy (PBF), Delek US (DK), Calumet Specialty Products Partners, L.P (CLMT) and Trecora Resources (TREC).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Medivation (MDVN), Incyte (INCY), Intrexon (XON), First Solar (FSLR), Schlumberger (SLB), Boeing (BA), Freeport-McMoRan (FCX) and Exxon Mobil (XOM).

Hess' stock is owned by many different of institutional and retail investors. Top institutional investors include Artemis Investment Management LLP (0.26%), Trinity Street Asset Management LLP (0.19%), Calamos Advisors LLC (0.14%), Arvest Bank Trust Division (0.06%), State of Alaska Department of Revenue (0.05%) and Nisa Investment Advisors LLC (0.05%). Company insiders that own Hess stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Gregory P Hill, John B Hess, John P Rielly, Kevin Omar Meyers, Michael R Turner, Richard D Lynch, Risa J Lavizzo-Mourey and Timothy B Goodell. View Institutional Ownership Trends for Hess.

HES stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Gateway Investment Advisers LLC, Arvest Bank Trust Division, State of Alaska Department of Revenue, DNB Asset Management AS, CenturyLink Investment Management Co and Nisa Investment Advisors LLC. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Barbara J Lowery-Yilmaz, Gregory P Hill, John B Hess, John P Rielly, Michael R Turner, Richard D Lynch 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 Calamos Advisors LLC, Trinity Street Asset Management LLP, Harvest Investment Services LLC, Steward Partners Investment Advisory LLC, First Hawaiian Bank, Coastline Trust Co, Calamos Wealth Management LLC and Huntington National Bank. Company insiders that have bought Hess stock in the last two years include Kevin Omar Meyers and Risa J Lavizzo-Mourey. 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, Robinhood, Fidelity and Charles Schwab.

One share of HES stock can currently be purchased for approximately $69.90.

Hess has a market capitalization of $21.30 billion and generates $6.47 billion in revenue each year. The oil and gas producer earns $-282,000,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. Hess employs 1,708 workers across the globe.View Additional Information About Hess.

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]