Hess - HES Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hess in the last twelve months. There are currently 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HES shares.
View HES analyst ratings or view top-rated stocks.

12 Wall Street research analysts have issued twelve-month price objectives for Hess' shares. Their HES share price forecasts range from $88.00 to $165.00. On average, they predict the company's stock price to reach $133.92 in the next twelve months. This suggests a possible upside of 14.8% from the stock's current price.
View analysts price targets for HES or view top-rated stocks among Wall Street analysts.

Hess' stock was trading at $74.03 at the beginning of the year. Since then, HES shares have increased by 57.5% and is now trading at $116.63.
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Hess saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 7,350,000 shares, an increase of 18.0% from the July 15th total of 6,230,000 shares. Based on an average daily volume of 2,400,000 shares, the days-to-cover ratio is presently 3.1 days. Currently, 2.6% of the company's shares are sold short.
View Hess' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our HES earnings forecast.

Hess Co. (NYSE:HES) posted its quarterly earnings data on Wednesday, July, 27th. The oil and gas producer reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.01. The oil and gas producer had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.60 billion. Hess had a trailing twelve-month return on equity of 20.25% and a net margin of 15.53%. The business's quarterly revenue was up 87.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 EPS.
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Hess announced a quarterly dividend on Thursday, May 26th. Stockholders of record on Wednesday, June 15th will be given a dividend of $0.375 per share on Thursday, June 30th. This represents a $1.50 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Tuesday, June 14th.
Read our dividend analysis for HES.

Hess (NYSE:HES) pays an annual dividend of $1.50 per share and currently has a dividend yield of 1.28%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HES will have a dividend payout ratio of 11.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HES.

200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees.

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).

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

Hess' stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.08%), State Street Corp (6.02%), Primecap Management Co. CA (3.01%), Massachusetts Financial Services Co. MA (2.27%), Price T Rowe Associates Inc. MD (1.60%) and Northern Trust Corp (1.01%). Insiders that own company stock include Andrew P Slentz, Andrew P Slentz, Barbara J Lowery-Yilmaz, Geurt G Schoonman, Geurt G Schoonman, Gregory P Hill, Gregory P Hill, John B Hess, John B Hess, John P Rielly, Marc S Lipschultz, Michael Mcknight, Michael R Turner, Richard D Lynch, Sami A Siddiqui and Timothy B Goodell.
View institutional ownership trends.

Shares of HES stock 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.
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One share of HES stock can currently be purchased for approximately $116.63.

Hess (NYSE:HES) has a market capitalization of $36.11 billion and generates $7.58 billion in revenue each year. The oil and gas producer earns $559 million in net income (profit) each year or $4.71 on an earnings per share basis.

The company employs 1,545 workers across the globe.

Hess was founded in 1933.

Hess' mailing address is 1185 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.hess.com. The oil and gas producer can be reached via phone at (212) 997-8500, via email at investorrelations@hess.com, or via fax at 212-536-8390.