Hess Corporation, an exploration and production company, explores for, 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.
Read More…
Industry, Sector and Symbol
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
Phone212-997-8500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.51 billion
Profitability
Miscellaneous
Employees1,708
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable
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 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 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Friday, December 13th. View Hess' Dividend History.
How will Hess' stock buyback program work?
Hess declared that its board has approved a stock repurchase program on Thursday, March 8th 2018, which permits the company to repurchase $1,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.
How were Hess' earnings last quarter?
Hess Corp. (NYSE:HES) announced its quarterly earnings data on Wednesday, January, 29th. The oil and gas producer reported ($0.60) earnings per share for the quarter, missing analysts' consensus estimates of ($0.56) by $0.04. The oil and gas producer earned $1.69 billion during the quarter, compared to the consensus estimate of $1.54 billion. Hess had a negative return on equity of 2.68% and a negative net margin of 6.16%. The firm's revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the firm posted ($0.31) earnings per share. View Hess' Earnings History.
When is Hess' next earnings date?
What price target have analysts set for HES?
16 equities research analysts have issued twelve-month target prices for Hess' stock. Their forecasts range from $61.00 to $93.00. On average, they anticipate Hess' stock price to reach $74.67 in the next twelve months. This suggests a possible upside of 30.1% from the stock's current price. View Analyst Price Targets for Hess.
What is the consensus analysts' recommendation for Hess?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 2 sell ratings, 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.
Has Hess been receiving favorable news coverage?
Press coverage about HES stock has trended very negative recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hess earned a news impact score of -3.0 on InfoTrie's scale. They also gave media stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Hess.
Are investors shorting Hess?
Hess saw a drop in short interest in January. As of January 15th, there was short interest totalling 11,970,000 shares, a drop of 8.5% from the December 31st total of 13,080,000 shares. Based on an average daily trading volume, of 2,210,000 shares, the days-to-cover ratio is currently 5.4 days. Approximately 4.4% of the shares of the company are short sold. View Hess' Current Options Chain.
Who are some of Hess' key competitors?
Some companies that are related to Hess include China Petroleum & Chemical (SNP), ConocoPhillips (COP), Equinor ASA (EQNR), Suncor Energy (SU), Phillips 66 (PSX), Marathon Petroleum (MPC), Valero Energy (VLO), 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).
What other stocks do shareholders of Hess own?
Who are Hess' key executives?
Hess' management team includes the folowing people:
- Mr. John B. Hess, CEO & Director (Age 65)
- Mr. John P. Rielly, Sr. VP & CFO (Age 57)
- Mr. Gregory P. Hill, COO, Exec. VP and Pres of Worldwide Exploration & Production (Age 58)
- Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Corp. Sec. (Age 62)
- Mr. Michael R. Turner, Sr. VP of Global Production (Age 60)
Who are Hess' major shareholders?
Hess' stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (12.98%), State Street Corp (4.43%), Barrow Hanley Mewhinney & Strauss LLC (3.11%), UBS Asset Management Americas Inc. (2.23%), Hotchkis & Wiley Capital Management LLC (2.18%) and Bank of New York Mellon Corp (1.77%). Company insiders that own Hess stock include Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, 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.
Which institutional investors are selling Hess stock?
HES stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Janus Henderson Group PLC, Aviva PLC, Standard Life Aberdeen plc, First Trust Advisors LP, South Dakota Investment Council and Alliancebernstein L.P.. Company insiders that have sold Hess company stock in the last year include Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, 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.
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, State Street Corp, Hotchkis & Wiley Capital Management LLC, Capital International Investors, UBS Asset Management Americas Inc., Anchor Capital Advisors LLC, Anchor Bolt Capital LP and Point72 Asset Management L.P.. 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.
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, Robinhood, Fidelity and Charles Schwab.
What is Hess' stock price today?
One share of HES stock can currently be purchased for approximately $57.39.
How big of a company is Hess?
Hess has a market capitalization of $17.52 billion and generates $6.51 billion in revenue each year. The oil and gas producer earns $-408,000,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis. Hess employs 1,708 workers across the globe.View Additional Information About Hess.
What is Hess' official website?
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)
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.
