NYSE:HES - Hess Stock Price, News & Analysis

$59.56
-4.39 (-6.86 %)
(As of 08/25/2019 05:04 AM ET)
Today's Range
$59.2701
Now: $59.56
$63.50
50-Day Range
$57.01
MA: $61.21
$65.40
52-Week Range
$35.59
Now: $59.56
$74.81
Volume3.12 million shs
Average Volume3.27 million shs
Market Capitalization$18.13 billion
P/E RatioN/A
Dividend Yield1.54%
Beta1.97
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
CUSIP42809H10
CIK4447
Phone212-997-8500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.47 billion
Cash Flow$5.2942 per share
Book Value$34.59 per share

Profitability

Net Income$-282,000,000.00

Miscellaneous

Employees1,708
Market Cap$18.13 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Tuesday, June 4th. Investors of record on Monday, June 17th will be paid a dividend of $0.25 per share on Friday, June 28th. This represents a $1.00 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend is Friday, June 14th. View Hess' Dividend History.

How will Hess' stock buyback program work?

Hess declared that its board has initiated a stock buyback plan on Thursday, March 8th 2018, which permits the company to buyback $1,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are undervalued.

How were Hess' earnings last quarter?

Hess Corp. (NYSE:HES) released its quarterly earnings data on Wednesday, July, 31st. The oil and gas producer reported ($0.09) EPS for the quarter, topping the Zacks' consensus estimate of ($0.10) by $0.01. The oil and gas producer earned $1.70 billion during the quarter, compared to the consensus estimate of $1.52 billion. Hess had a net margin of 1.09% and a return on equity of 0.46%. The firm's revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.23) earnings per share. View Hess' Earnings History.

When is Hess' next earnings date?

Hess is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Hess.

What price target have analysts set for HES?

13 brokers have issued 12-month price objectives for Hess' stock. Their predictions range from $53.00 to $93.00. On average, they expect Hess' share price to reach $69.9091 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Hess.

What is the consensus analysts' recommendation for Hess?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last year. There are currently 1 sell rating, 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hess.

Has Hess been receiving favorable news coverage?

Media stories about HES stock have been trending positive recently, according to InfoTrie. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hess earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media headlines about the oil and gas producer a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Hess.

Are investors shorting Hess?

Hess saw a increase in short interest in July. As of July 31st, there was short interest totalling 12,495,500 shares, an increase of 7.7% from the June 30th total of 11,602,300 shares. Based on an average trading volume of 2,910,000 shares, the short-interest ratio is presently 4.3 days. Approximately 4.7% of the company's shares are sold short. View Hess' Current Options Chain.

Who are some of Hess' key competitors?

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), Medivation (MDVN), Incyte (INCY), Intrexon (XON), First Solar (FSLR), Celgene (CELG), Citigroup (C), Freeport-McMoRan (FCX) and Schlumberger (SLB).

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 Vanguard Group Inc. (9.85%), BlackRock Inc. (5.76%), BlackRock Inc. (5.76%), Price T Rowe Associates Inc. MD (3.21%), Barrow Hanley Mewhinney & Strauss LLC (3.10%) and Primecap Management Co. CA (2.74%). Company insiders that own Hess stock include Andrew P Slentz, 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, 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 Price T Rowe Associates Inc. MD, Allianz Asset Management GmbH, UBS Asset Management Americas Inc., Impala Asset Management LLC, Strs Ohio, Artemis Investment Management LLP, Anchor Bolt Capital LP and Wells Fargo & Company MN. 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.

Which institutional investors are buying Hess stock?

HES stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Bank of New York Mellon Corp, Vanguard Group Inc., Packer & Co Ltd, Invesco Ltd., Investec Asset Management LTD, Fisher Asset Management LLC and Holocene Advisors LP. 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, Scottrade, Fidelity and Charles Schwab.

What is Hess' stock price today?

One share of HES stock can currently be purchased for approximately $59.56.

How big of a company is Hess?

Hess has a market capitalization of $18.13 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.

What is Hess' official website?

The official website for Hess is http://www.hess.com/.

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:  627 (Vote Outperform)
Underperform Votes:  691 (Vote Underperform)
Total Votes:  1,318
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 8/25/2019 by MarketBeat.com Staff

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