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

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$63.46 -0.42 (-0.66 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$63.88
Today's Range$62.62 - $63.84
52-Week Range$37.25 - $71.14
Volume3.67 million shs
Average Volume4.20 million shs
Market Capitalization$19.97 billion
P/E Ratio-13.67
Dividend Yield1.50%
Beta1.46
Hess logoHess Corporation, an exploration and production company, 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. As of December 31, 2017, it had total proved reserves of 1,154 million barrels of oil equivalent. The company is also involved in crude oil and natural gas gathering, processing of natural gas and the fractionation of NGLs, 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 and Three Forks Shale plays in the Williston Basin area of North Dakota. The company was founded in 1920 and is headquartered in New York, New York.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Petroleum refining
Sub-IndustryIntegrated Oil & Gas
SectorOils/Energy
SymbolNYSE:HES
CUSIP42809H10
Phone212-997-8500

Debt

Debt-to-Equity Ratio0.53
Current Ratio2.63
Quick Ratio2.51

Price-To-Earnings

Trailing P/E Ratio-13.67
Forward P/E Ratio-84.61
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.41 billion
Price / Sales3.52
Cash Flow$4.4471 per share
Price / Cash14.27
Book Value$38.88 per share
Price / Book1.63

Profitability

EPS (Most Recent Fiscal Year)($4.61)
Net Income$-4,074,000,000.00
Net Margins-69.10%
Return on Equity-8.54%
Return on Assets-4.62%

Miscellaneous

Employees2,075
Outstanding Shares300,110,000
Market Cap$19,969.52

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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 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.

How will Hess' stock buyback program work?

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.

How were Hess' earnings last quarter?

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.

When is Hess' next earnings date?

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Hess.

What price target have analysts set for HES?

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.

What is the consensus analysts' recommendation 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."

Who are some of Hess' key competitors?

Who are Hess' key executives?

Hess' management team includes the folowing people:
  • Mr. John B. Hess, CEO & Director (Age 64)
  • Mr. Gregory P. Hill, Pres & COO (Age 57)
  • Mr. John P. Rielly, CFO & Sr. VP (Age 56)
  • Mr. Timothy B. Goodell, Sr. VP, Gen. Counsel & Sec. (Age 61)
  • Mr. Michael R. Turner, Sr. VP of Production (Age 59)

Has Hess been receiving favorable news coverage?

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.

Who are Hess' major shareholders?

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.

Which institutional investors are selling Hess stock?

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.

Which institutional investors are buying Hess stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $63.46.

How big of a company is Hess?

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.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  541 (Vote Outperform)
Underperform Votes:  580 (Vote Underperform)
Total Votes:  1,121
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.
This page was last updated on 7/17/2018 by MarketBeat.com Staff

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