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

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

Hess announced a quarterly dividend on Wednesday, December 5th. Stockholders of record on Monday, December 17th will be given a dividend of $0.25 per share on Monday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 1.71%. The ex-dividend date is Friday, December 14th. View Hess' Dividend History.

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

Hess Corp. (NYSE:HES) issued its earnings results on Wednesday, January, 30th. The oil and gas producer reported ($0.31) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.41) by $0.10. The oil and gas producer earned $1.68 billion during the quarter, compared to analysts' expectations of $1.49 billion. Hess had a negative return on equity of 0.73% and a negative net margin of 2.91%. Hess's quarterly revenue was up 30.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($1.01) EPS. View Hess' Earnings History.

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, April 24th 2019. View Earnings Estimates for Hess.

15 brokerages have issued twelve-month price targets for Hess' shares. Their predictions range from $50.00 to $89.00. On average, they expect Hess' share price to reach $66.9286 in the next year. This suggests a possible upside of 14.1% 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 2 sell ratings, 8 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Press coverage about HES stock has trended neutral recently, according to InfoTrie Sentiment. The research group scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hess earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term.

Hess saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 21,459,278 shares, a decrease of 14.3% from the January 15th total of 25,043,521 shares. Based on an average daily volume of 4,690,364 shares, the days-to-cover ratio is presently 4.6 days. Approximately 8.2% of the shares of the company are short sold. View Hess' Current Options Chain.

Some companies that are related to Hess include Suncor Energy (SU), Marathon Petroleum (MPC), Phillips 66 (PSX), Valero Energy (VLO), Repsol (REPYY), HollyFrontier (HFC), YPF (YPF), CVR Energy (CVI), PBF Energy (PBF), Delek US (DK), CVR Refining (CVRR), BP Prudhoe Bay Royalty Trust (BPT), Calumet Specialty Products Partners, L.P (CLMT), Trecora Resources (TREC) and Vertex Energy (VTNR).

Hess' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Barrow Hanley Mewhinney & Strauss LLC (2.22%), Northern Trust Corp (1.10%), Geode Capital Management LLC (1.10%), Dimensional Fund Advisors LP (0.83%), Levin Capital Strategies L.P. (0.73%) and Millennium Management LLC (0.67%). 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, Richard D Lynch, 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 Anchor Bolt Capital LP, Lord Abbett & CO. LLC, Prudential Financial Inc., Standard Life Aberdeen plc, Investec Asset Management LTD, DFT Energy LP, Zurcher Kantonalbank Zurich Cantonalbank and Mirae Asset Global Investments Co. Ltd.. Company insiders that have sold Hess company stock in the last year include 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 purchased by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Oregon Public Employees Retirement Fund, Millennium Management LLC, United Services Automobile Association, Northern Trust Corp, Two Sigma Advisers LP, First Trust Advisors LP and Trinity Street Asset Management LLP. 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 $58.64.

Hess has a market capitalization of $17.37 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 2,075 workers across the globe.

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]