Hess Corporation (HES)
| Market Cap | 39.68B |
| Revenue (ttm) | 12.27B |
| Net Income (ttm) | 2.23B |
| Shares Out | 308.08M |
| EPS (ttm) | 7.25 |
| PE Ratio | 17.75 |
| Forward PE | 20.92 |
| Dividend | $2.00 (1.55%) |
| Ex-Dividend Date | Mar 17, 2025 |
| Volume | 1,996,145 |
| Open | 130.56 |
| Previous Close | 132.31 |
| Day's Range | 128.67 - 130.71 |
| 52-Week Range | 123.79 - 161.69 |
| Beta | 0.62 |
| Analysts | Buy |
| Price Target | 164.18 (+27.47%) |
| Earnings Date | Apr 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 $164.18, which is an increase of 27.47% from the latest price.
News
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.
Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
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.
US FTC finalizes consent order for $53 bln Chevron-Hess merger
The U.S. Federal Trade Commision (FTC) said on Friday it had approved a consent order to resolve antitrust issues concerning Chevron's $53 billion takeover of Hess.
Hess CEO offers upbeat oil demand forecast, says Guyana's potential barely scratched
Hess CEO John Hess on Tuesday said he sees the oil market as closer to being balanced than oversupplied this year, despite worries about demand from China and greater production from U.S. and non-OPEC...
Hess Named to Dow Jones Sustainability Index and Wall Street Journal's List of Top 250 Best Managed Companies
NEW YORK--(BUSINESS WIRE)--Hess Named to Dow Jones Sustainability Index and Wall Street Journal's List of Top 250 Best Managed Companies.
My New Year's Resolution For 2025: Invest $10,000 In These 6 Stocks
I review here the stocks of six quality companies that I am convinced will bring me closer to my ambitious goal of being able to fund my living expenses through dividends. Dividend growth investing is...
Hess to Participate in Goldman Sachs Energy, CleanTech and Utilities Conference
NEW YORK--(BUSINESS WIRE)--Hess to Participate in Goldman Sachs Energy, CleanTech and Utilities Conference.
Exxon wants to extract its value from Hess Guyana assets, CEO says
Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract value from the work it has put into developing the country's offshore fields, two of its top exe...
Hess Recognized for Sustainability Performance
NEW YORK--(BUSINESS WIRE)--Hess Recognized for Sustainability Performance.