Hess Corporation (HES)
| Market Cap | 43.66B |
| Revenue (ttm) | 12.27B |
| Net Income (ttm) | 2.23B |
| Shares Out | 308.04M |
| EPS (ttm) | 7.21 |
| PE Ratio | 19.66 |
| Forward PE | 24.32 |
| Dividend | $2.00 (1.41%) |
| Ex-Dividend Date | Jun 16, 2025 |
| Volume | 2,245,280 |
| Open | 141.18 |
| Previous Close | 142.26 |
| Day's Range | 139.59 - 142.50 |
| 52-Week Range | 123.79 - 161.69 |
| Beta | 0.63 |
| Analysts | Buy |
| Price Target | 160.06 (+12.92%) |
| Earnings Date | Jul 30, 2025 |
About HES
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia. It operates in two segments, Exploration and Production, and Midstream. The company also conduct exploration activities principally offshore Guyana, in the U.S. Gulf of America, and offshore Suriname. In addition, the company is involved in gathering, compressing, and processing natural gas;... [Read more]
Financial Performance
In 2024, Hess Corporation's revenue was $12.66 billion, an increase of 22.99% compared to the previous year's $10.30 billion. Earnings were $2.77 billion, an increase of 100.36%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for HES stock is "Buy." The 12-month stock price forecast is $160.06, which is an increase of 12.92% from the latest price.
News
Golden Buying Opportunity For Big Dividend Investors: 8-9% Yields Set To Soar
High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms.
Hess Midstream: A Compelling Opportunity Despite Recent Noise
HESM offers a secure 7.4% yield, strong contract protections, and resilient fee-based revenue, making the recent sell-off overdone despite legal headlines. The CLR lawsuit targets Hess Corp, not Hess ...
Exxon says it is confident it will win dispute over Chevron-Hess deal
The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three months, said Exxon seni...
Hess Corporation: Another Platform Begins Operations Soon (Rating Upgrade)
Hess Corporation's Guyana project is set to add a fourth platform. The arbitration decision, expected a few months after late May, could reassess Hess's value. Hess' earnings growth is driven by the G...
Exxon, Hess to face off over Chevron deal for oilfield riches
Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's pr...
US oil producer Continental Resources claims Hess defrauded it out of $69 million
U.S. shale producer Continental Resources has filed a lawsuit against Hess Corp alleging that it was defrauded out of up to $69 million through a series of deals the well operator conducted with its s...
Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
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Hess Midstream: Insider Selling Onslaught Continues
Hess Midstream insiders continue to sell significant shares. Chevron's future actions regarding Hess Midstream shares remain unclear. Hess Corporation reports minimal North American profits. This situ...
Chevron CEO on Earnings, Energy Demand, Buying Hess
Chevron Corp. Chief Executive Officer Mike Wirth says the oil and gas giant had a very strong quarter even though oil prices were flat. Wirth says the company is ramping up production in the Gulf of A...
Court hearing in Exxon's dispute over Chevron-Hess deal set for May 26, sources say
The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival Chevron's planned acquisition of oil producer Hess for May 26, according to tw...
Hess beats first-quarter profit estimate despite weak oil prices
Hess reported a drop in first-quarter profit on Wednesday, hurt by lower oil prices, though the shale producer still managed to beat Wall Street expectations.
Hess Reports Estimated Results for the First Quarter of 2025
NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FIRST QUARTER OF 2025.
OSU A&M Board of Regents Names Dr. Jim Hess 20th President of Oklahoma State University
Goodwell, Oklahoma--(Newsfile Corp. - April 25, 2025) - The Oklahoma State University A&M Board of Regents today voted to appoint Dr. Jim Hess as the 20th president of Oklahoma State University. The b...
Hess Corporation: A Lot Of Solid Attributes And Growth Opportunities To Support Its Rebound
Hess Corporation remains a compelling stock due to its strong financial positioning, strategic expansion in Guyana, and undervaluation, suggesting significant upside potential. HES demonstrated resili...
Hess As The Asset, Chevron As The Platform: A Merger Built For The Future
Hess has transformed into a focused E&P company, with significant assets in Bakken shale and a 30% stake in Guyana's mega-discovery. The Chevron acquisition offers Hess shareholders a 14% stake in a l...
Hess Schedules Earnings Release Date
NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative
Initiative aims to transform Guyana's public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities; Extension builds on significant p...
Chevron buys about 5% of Hess stock
Chevron purchased about 4.99% of Hess Corp's common shares this year, the oil giant said in a regulatory filing on Monday.
Chevron struggles to replace oil, gas reserves amid Hess deal limbo
Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S. major's planned acquisition of oil producer Hess that has stalled due to a ...
Hess Corporation: Advantage To Exxon Mobil
Hess Corporation's profits are driven by Guyana operations. Exxon Mobil's position strengthens as arbitration continues. The value of Hess keeps increasing with rising Guyana production and the slow a...
Hess Midstream: Hess Issues Domination Continues
Hess Corporation, operating in the Bakken, has been unprofitable for some time in the United States. The financial health of Hess Midstream is threatened by the ongoing issues faced by its parent comp...
Hess Midstream Continues To Deliver Excellent Results In Q4
Hess Midstream LP has shown strong performance, with shares up 21% over the past year and a near-7% dividend yield, reaching a 52-week-high. The company reported solid quarterly results, with revenue ...
Shale producer Hess beats profit estimates on higher output in US, Guyana
Oil and gas producer Hess Corp's fourth-quarter profit surpassed Wall Street expectations on Wednesday, buoyed by higher production volumes in the United States and Guyana.
Hess Reports Estimated Results for the Fourth Quarter of 2024
NEW YORK--(BUSINESS WIRE)--Hess Corporation Fourth Quarter 2024 Earnings Release.