S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:HES

Hess Stock Forecast, Price & News

$75.88
-1.26 (-1.63%)
(As of 12/3/2021 12:00 AM ET)
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Compare
Today's Range
$75.20
$78.79
50-Day Range
$72.86
$90.15
52-Week Range
$51.55
$92.79
Volume
1.85 million shs
Average Volume
2.10 million shs
Market Capitalization
$23.50 billion
P/E Ratio
120.45
Dividend Yield
1.32%
Beta
2.01
30 days | 90 days | 365 days | Advanced Chart
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Hess logo

About Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, 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 shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Headlines

Hess Is Undervalued By Mr. Market. Here's Why
December 6, 2021 |  seekingalpha.com
Hess Co. (NYSE:HES) Announces Quarterly Dividend of $0.25
December 1, 2021 |  americanbankingnews.com
Hess (NYSE:HES) Trading 5% Higher
November 23, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Petroleum refining
Sub-Industry
Integrated Oil & Gas
CUSIP
42809H10
CIK
4447
Employees
1,621
Year Founded
1933

Sales & Book Value

Annual Sales
$4.80 billion
Cash Flow
$3.78 per share
Book Value
$20.20 per share

Profitability

Net Income
$-3.09 billion
Pretax Margin
14.34%

Debt

Price-To-Earnings

Miscellaneous

Free Float
271,878,000
Market Cap
$23.50 billion
Optionable
Optionable

Company Calendar

Ex-Dividend
9/14/2021
Dividend Payable
9/30/2021
Last Earnings
10/27/2021
Today
12/06/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

3.14 out of 5 stars

Oils/Energy Sector

10th out of 349 stocks

Petroleum Refining Industry

5th out of 23 stocks

Analyst Opinion: 4.4Community Rank: 4.4Dividend Strength: 1.7Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Hess (NYSE:HES) Frequently Asked Questions

Is Hess a buy right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hess stock.
View analyst ratings for Hess
or view top-rated stocks.

How has Hess' stock price been impacted by Coronavirus (COVID-19)?

Hess' stock was trading at $36.69 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HES stock has increased by 106.8% and is now trading at $75.88.
View which stocks have been most impacted by COVID-19
.

When is Hess' next earnings date?

Hess is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Hess
.

How were Hess' earnings last quarter?

Hess Co. (NYSE:HES) issued its quarterly earnings data on Wednesday, October, 27th. The oil and gas producer reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by $0.11. The oil and gas producer had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.52 billion. Hess had a trailing twelve-month return on equity of 3.66% and a net margin of 2.92%. The company's revenue for the quarter was up 54.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.71) EPS.
View Hess' earnings history
.

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

Hess announced a quarterly dividend on Wednesday, December 1st. Investors of record on Wednesday, December 15th will be paid a dividend of $0.25 per share on Thursday, December 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend is Tuesday, December 14th.
View Hess' dividend history
.

Is Hess a good dividend stock?

Hess pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.32%. Hess does not yet have a strong track record of dividend growth. The dividend payout ratio of Hess is 158.73%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Hess will have a dividend payout ratio of 17.92% next year. This indicates that Hess will be able to sustain or increase its dividend.
View Hess' dividend history.

What price target have analysts set for HES?

13 Wall Street analysts have issued twelve-month target prices for Hess' shares. Their forecasts range from $70.00 to $132.00. On average, they expect Hess' stock price to reach $102.77 in the next year. This suggests a possible upside of 35.4% from the stock's current price.
View analysts' price targets for Hess
or view top-rated stocks among Wall Street analysts.

Who are Hess' key executives?

Hess' management team includes the following people:
  • John B. Hess, Chief Executive Officer & Director
  • Gregory P. Hill, President & Chief Operating Officer (LinkedIn Profile)
  • John P. Rielly, Executive VP, Chief Financial & Accounting Officer
  • Richard Lynch, Senior Vice President-Technology & Services
  • Tim Goodell, Secretary, Chief Compliance Officer & Executive VP

What is John B. Hess' approval rating as Hess' CEO?

200 employees have rated Hess CEO John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among Hess' employees.

What other stocks do shareholders of Hess own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC), First Solar (FSLR), Walt Disney (DIS), Schlumberger (SLB) and Chevron (CVX).

What is Hess' stock symbol?

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

Who are Hess' major shareholders?

Hess' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.75%), Barrow Hanley Mewhinney & Strauss LLC (3.26%), Primecap Management Co. CA (3.06%), Hotchkis & Wiley Capital Management LLC (2.19%), Geode Capital Management LLC (1.60%) and Bank of New York Mellon Corp (1.60%). Company insiders that own Hess stock include Andrew P Slentz, Geurt G Schoonman, Gregory P Hill, Gregory P Hill, John B Hess, John P Rielly, Marc S Lipschultz, Michael Mcknight, Richard D Lynch, Sami A Siddiqui and Timothy B Goodell.
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 Goldman Sachs Group Inc., BlackRock Inc., Morgan Stanley, Eaton Vance Management, FIL Ltd, Hotchkis & Wiley Capital Management LLC, Russell Investments Group Ltd., and Citigroup Inc.. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Gregory P Hill, John B Hess, John P Rielly, Michael Mcknight, Richard D Lynch, Sami A Siddiqui, and Timothy B Goodell.
View insider buying and selling activity for Hess
or view top insider-selling stocks.

Which institutional investors are buying Hess stock?

HES stock was acquired by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Packer & Co Ltd, Barclays PLC, Massachusetts Financial Services Co. MA, Squarepoint Ops LLC, Schonfeld Strategic Advisors LLC, Dimensional Fund Advisors LP, and Fisher Asset Management LLC.
View insider buying and selling activity for Hess
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $75.88.

How much money does Hess make?

Hess has a market capitalization of $23.50 billion and generates $4.80 billion in revenue each year. The oil and gas producer earns $-3.09 billion in net income (profit) each year or $0.63 on an earnings per share basis.

How many employees does Hess have?

Hess employs 1,621 workers across the globe.

Does Hess have any subsidiaries?

The following companies are subsidiares of Hess: American Oil & Gas, Bakken Acreage, Hess (Indonesia-VIII) Holdings Limited, Hess (Netherlands) Oil and Gas Holdings C.V., Hess Asia Holdings Inc., Hess Bakken Investments II LLC, Hess Bakken Investments III LLC, Hess Bakken Investments IV LLC, Hess Bakken Processing LLC, Hess Baldpate-Penn State LLC, Hess Canada (Aspy) Exploration Limited, Hess Canada Exploration Limited, Hess Canada Oil and Gas ULC, Hess Capital Limited, Hess Capital Services Holdings LLC, Hess Capital Services LLC, Hess Conger LLC, Hess Denmark ApS, Hess Energy Exploration LLC, Hess Equatorial Guinea Investments Limited, Hess Exploration & Production Holdings Limited, Hess Exploration Services Inc., Hess Exploration and Production Malaysia B.V., Hess Finance, Hess GOM Deepwater LLC, Hess GOM Deepwater Sub-Holdings LLC, Hess GOM Exploration LLC, Hess Guyana (Block B) Exploration Limited, Hess Guyana (Liza) Exploration Limited, Hess Guyana Exploration Limited, Hess Holdings EG Limited, Hess Holdings GOM Ventures LLC, Hess Holdings West Africa Limited, Hess Infrastructure Partners LP, Hess International Holdings Corporation, Hess International Holdings Limited, Hess International Receivables Limited, Hess International Sales LLC, Hess Libya (Waha) Limited, Hess Libya Exploration Limited, Hess Limited, Hess Llano LLC, Hess Middle East New Ventures Limited, Hess Midstream Operations LP, Hess Midstream Partners GP LP, Hess NWE Holdings, Hess New Ventures Exploration Limited, Hess North Dakota Export Logistics Holdings LLC, Hess North Dakota Export Logistics LLC, Hess North Dakota Export Logistics Operations LP, Hess North Dakota Pipelines Holdings LLC, Hess North Dakota Pipelines LLC, Hess Offshore Response Company LLC, Hess Ohio Developments LLC, Hess Ohio Holdings LLC, Hess Ohio Sub-Holdings LLC, Hess Oil & Gas Sdn. Bhd., Hess Oil Company of Thailand (JDA) Limited, Hess Oil Company of Thailand Ltd. Co., Hess Oil and Gas Holdings Inc., Hess Services UK Limited, Hess Stampede LLC, Hess Suriname Exploration Limited, Hess TGP Finance Company LLC, Hess TGP Holdings LLC, Hess TGP Operations LP, Hess Tank Cars Holdings II LLC, Hess Tank Cars II LLC, Hess Tank Cars LLC, Hess Tioga Gas Plant LLC, Hess Trading Corporation, Hess Tubular Bells LLC, Hess Water Services LLC, Hess West Africa Holdings Limited, Marquette Exploration LLC, Meadville Corporation, and Triton Energy.

When was Hess founded?

Hess was founded in 1933.

What is Hess' official website?

The official website for Hess is www.hess.com.

Where are Hess' headquarters?

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, via email at [email protected], or via fax at 212-536-8390.


This page was last updated on 12/6/2021 by MarketBeat.com Staff

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