Hydraulic Elements and Systems AD (HES)

Jul 18, 2025 - HES was delisted (reason: acquired by CVX)
159.92
+10.95 (7.35%)
Inactive · Last trade price on Jul 18, 2025
7.35%
Market Cap55.23M
Revenue (ttm)39.91M
Net Income (ttm)1.97M
Shares Out 18.19M
EPS (ttm)0.11
PE Ratio26.17
Forward PEn/a
Dividend$0.12 (4.12%)
Ex-Dividend DateJun 11, 2025
Volumen/a
Openn/a
Previous Close148.97
Day's Rangen/a
52-Week Range123.79 - 161.91
Beta-0.13
AnalystsBuy
Price Target160.67 (+0.47%)
Earnings DateJul 30, 2025

About HES

Hydraulic Elements and Systems AD designs, manufactures, and sells hydraulic cylinders in Europe, North America, and Asia. The company offers plunger, piston, telescopic, and rack cylinders. It also provides axial piston machines, such as axial piston motors and pumps. Its products are used to produce high-power machines and installations. The company was founded in 1968 and is headquartered in Yambol, Bulgaria. Hydraulic Elements and Systems AD is a subsidiary of Stara Planina Hold AD. [Read more]

Sector Energy
Founded 1968
Employees 497
Stock Exchange NYSE
Ticker Symbol HES
Full Company Profile

Financial Performance

In 2024, Hess Corporation's revenue was 74.05 million, a decrease of -13.81% compared to the previous year's 85.91 million. Earnings were 4.03 million, a decrease of -2.52%.

Financial numbers in BGN Financial Statements

Analyst Summary

According to 9 analysts, the average rating for HES stock is "Buy." The 12-month stock price target is $160.67, which is an increase of 0.47% from the latest price.

Price Target
$160.67
(0.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Chevron profit hit by low crude oil prices and loss from Hess acquisition.

CNBC's Becky Quick reports on the company's quarterly earnings results.

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
1 day ago - CNBC Television

Chevron profit hit by low crude oil prices and loss from Hess acquisition

Chevron second-quarter earnings took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major's net income declined 43% to $2.49 billion, or $1.45 per s...

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
1 day ago - CNBC

Chevron tells Hess staff to focus on safety as they await job updates

Chevron leaders told Hess employees to stay focused on safe operations and that they will hear next week if they will continue to have jobs following the oil producer's acquisition, according to two H...

Other symbols: CVX
8 days ago - Reuters

Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals

Chevron cut 575 positions in the Houston area after it completed its $55 billion merger with Hess, a Texas Workforce Commission filing revealed on Wednesday.

Other symbols: CVX
9 days ago - Reuters

US oil producer Continental Resources drops fraud lawsuit against rival Hess

U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp in May, which alleged it was defrauded out of up to $69 million through a series of deals the well oper...

9 days ago - Reuters

Hess and a U.K. nuclear plant show what $50 billion gets in the energy market

For nearly the same price, nuclear will generate far more power — and a lot more headaches.

10 days ago - Market Watch

Chevron Plus Hess Is A Good Investment

Chevron's acquisition of Hess secures a 30% stake in Guyana's Stabroek Block, unlocking significant low-cost, high-growth oil production potential. Hess adds robust Bakken shale assets and immediate p...

Other symbols: CVX
12 days ago - Seeking Alpha

Chevron's Victory in the Oil-Patch Brawl Was a Much-Needed Win

The acquisition of Hess—and its stake in a generational oil find—helps clear up lingering doubts about Chevron's growth prospects.

Other symbols: CVX
14 days ago - WSJ

Block Set to Join S&P 500

NEW YORK , July 18, 2025 /PRNewswire/ -- Block Inc. (NYSE: XYZ) will replace Hess Corp. (NYSE: HES) in the S&P 500 effective prior to the opening of trading on Wednesday, July 23. S&P 500 and S&P 100 ...

Other symbols: XYZ
14 days ago - PRNewsWire

Chevron CEO Mike Wirth: Hess acquisition is good for the industry

Chevron CEO Mike Wirth on Friday said the company's acquisition of Hess, which it completed this week after winning a legal dispute with Exxon Mobil, is good for the oil and gas sector and creates the...

Other symbols: CVX
14 days ago - CNBC Television

Chevron closes $55bn Hess takeover after winning Exxon legal battle

The blockbuster acquisition is one of the largest energy deals in the past decade

Other symbols: CVX
14 days ago - The Guardian

Fed governor Waller pushes for rate cut, Chevron completes Hess acquisition

Here is what you may have missed on Morning Brief on Friday, July 18. Federal Reserve governor Christopher Waller says he would like to see the central bank cut rates at its July meeting, putting him ...

Other symbols: CVX
14 days ago - Yahoo Finance

Paul Sankey gives his read on Chevron's acquisition of Hess

Paul Sankey, Sankey Research lead analyst, joins 'Money Movers' to discuss Chevron closing on the Hess acquisition and what it means for the company and on the oil sector.

Other symbols: CVX
14 days ago - CNBC Television

Chevron prevails over Exxon in Hess megamerger, and it matters for Chevron's stock.

The conclusion of the saga removes a stock overhang for Chevron and paves the way for the $53 billion deal to close immediately, which the oil giant said it could happen within a couple of days.

Other symbols: CVX
14 days ago - Market Watch

Chevron Closes Hess Deal After Winning Exxon Fight

Chevron closed its $53 billion deal to buy Hess more than 20 months after the takeover was announced, after winning its arbitration battle with Exxon Mobil. Chevron CEO Mike Wirth discusses the deal a...

Other symbols: CVX
14 days ago - Bloomberg Markets and Finance

Exxon's Block Fails—Chevron Seals $53 Billion Hess Deal After Ruling

In a pivotal moment for the energy sector, Chevron Corporation‘s CVX has won a dispute with Exxon Mobil Corporation XOM over Hess Corp's HESS offshore oil assets in Guyana.

Other symbols: XOMCVX
14 days ago - Benzinga

Chevron CEO on Hess acquisition: We're very pleased the transaction has now closed

Chevron CEO Mike Wirth joins CNBC's 'Squawk on the Street' to discuss the company's completed acquisition of Hess after defeating Exxon in dispute over Guyana oil assets, whether the deal changes the ...

Other symbols: CVX
14 days ago - CNBC Television

VIEW Analysts on Chevron winning arbitration over Exxon in Hess deal

Chevron will proceed with its $53 billion acquisition of Hess after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades off ...

Other symbols: CVXXOM
14 days ago - Reuters

Chevron Completes Acquisition of Hess Corporation

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) announced today that it has completed its acquisition of Hess Corporation (NYSE: HES) following the satisfaction of all necessary closing cond...

Other symbols: CVX
14 days ago - Business Wire

Chevron Prevails Over Exxon. It Can Buy Hess, Guyana Assets: Report.

It's a big win for Chevron. Buying Hess without the Guyana project would have wiped out the biggest upside from the deal.

Other symbols: CVXXOM
15 days ago - Barrons

Chevron defeats Exxon in dispute over Guyana oil assets, clearing path for Hess acquisition

Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation of Guyana.

Other symbols: BNOCVXDBOGUSHIEOOIHPXJ
15 days ago - CNBC

Chevron Moves Forward With Megadeal for Hess After Winning Exxon Arbitration

A panel of three arbitrators says Chevron can clinch its long-delayed $53 billion acquisition of Hess, after Exxon tried to pre-empt the deal.

Other symbols: CVXXOM
15 days ago - WSJ

Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential

After nearly two years of uncertainty and legal wrangling, a resolution may be imminent in Chevron Corporation's CVX highly anticipated acquisition of Hess Corporation HES.

Other symbols: CVX
22 days ago - Benzinga

Hess Schedules Earnings Release Date

NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.

23 days ago - Business Wire

Chevron May Not Want All Of Hess Either

The climax to the Chevron Corporation-ExxonMobil Corporation dispute may be approaching. Almost all of Hess Corporation's profits come from Guyana. Chevron may well sell or spin off anything of Hess n...

Other symbols: CVX
24 days ago - Seeking Alpha