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Hess Corporation (HES)

NYSE: HES · IEX Real-Time Price · USD
88.13 0.62 (0.71%)
Oct 22, 2021 12:49 PM EDT - Market open
Market Cap27.90B
Revenue (ttm)6.11B
Net Income (ttm)-161.00M
Shares Out307.50M
EPS (ttm)-0.53
PE Ration/a
Forward PE18.66
Dividend$1.00 (1.13%)
Ex-Dividend DateSep 14, 2021
Volume705,684
Open88.37
Previous Close87.51
Day's Range86.94 - 89.42
52-Week Range34.33 - 92.79
Beta2.08
AnalystsBuy
Price Target101.58 (+15.3%)
Est. Earnings DateOct 27, 2021

About HES

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates through two segments, Exploration and Production, and Marketing and Refining. It 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. As of December 31, 2020, the company had ...

IndustryOil, Gas & Consumable Fuels
Founded1920
CEOJohn Hess
Employees1,621
Stock ExchangeNYSE
Ticker SymbolHES
Full Company Profile

Financial Performance

In 2020, HES's revenue was $4.80 billion, a decrease of -26.21% compared to the previous year's $6.51 billion. Losses were -$3.09 billion, 658.1% more than in 2019.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for HES stock is "Buy." The 12-month stock price forecast is 101.58, which is an increase of 15.26% from the latest price.

Price Target
$101.58
(15.26% upside)
Analyst Consensus: Buy

News

Hess (HES) Gears Up for Q3 Earnings: What's in the Cards?

Hess' (HES) production is likely to have declined year over year in the third quarter.

1 minute ago - Zacks Investment Research

Hess (HES) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 day ago - Zacks Investment Research

Here's Why Hess (HES) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

1 week ago - Zacks Investment Research

Oil Stocks: Why FANG, KMI, HES and APA Are Bubbling Higher Today

Oil stocks are off to a good start this week as the boom continues and prices rise higher even in the face of market uncertainty. The post Oil Stocks: Why FANG, KMI, HES and APA Are Bubbling Higher Toda...

Other symbols:APAFANGKMI
1 week ago - InvestorPlace

Hess Schedules Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)-- #Q32021--Hess schedules earnings release conference call.

1 week ago - Business Wire

MSCI Upgrades Hess to AAA in Annual ESG Rating Assessment

NEW YORK--(BUSINESS WIRE)--MSCI Upgrades Hess to AAA in Annual ESG Rating Assessment

1 week ago - Business Wire

Could Energy Lead the Stock Market Higher in 2022?

Oil and gas stocks have done very well lately.

1 week ago - The Motley Fool

Why Seasoned Investors are Retaining Hess Corp. (HES) Stock

Hess Corp. (HES) anticipates multibillions of exploration potential to be still left in Guyana.

2 weeks ago - Zacks Investment Research

Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Of...

NEW YORK--(BUSINESS WIRE)--Hess Announces Increase in Recoverable Resource Estimate for Stabroek Block and Significant Discovery at Cataback, Offshore Guyana

2 weeks ago - Business Wire

APA Scraps and Shuts Keskesi South-1 Well Offshore Suriname

APA's Keskesi South-1, drilled 6.2 kilometers from the Keskesi East-1 discovery well, hits non-commercial traces of hydrocarbons prompting authorities to abandon the site.

Other symbols:APATTEXOM
2 weeks ago - Zacks Investment Research

5 US Integrated Oil Stocks to Gain as Fuel Demand Explodes

The surge in oil and natural gas prices reflects the gradual recovery of the energy business from the coronavirus pandemic-induced slump. OXY, HES, MRO, DTM & PHX are well positioned to make the most of...

Other symbols:DTMMROOXYPHX
3 weeks ago - Zacks Investment Research

Is the Dividend Hike Enough to Help APA Turn Attractive?

APA's dividend hike comes after the upstream operator repurchased $1.7 billion in debt via an upsized tender offer in August, which allowed it to considerably lower its annual interest expense.

Other symbols:APAMROTTE
4 weeks ago - Zacks Investment Research

Here's Why Oil Jumped 2.5% and Drove Energy Stocks Higher

A bullish EIA report had oil stocks APA Corporation (APA), Devon Energy (DVN), Diamondback Energy (FANG), Marathon Oil (MRO), Hess Corporation (HES), Occidental Petroleum (OXY) and ConocoPhillips (COP) ...

Other symbols:APACOPDVNFANGMROOXY
4 weeks ago - Zacks Investment Research

Hess (HES) Up 55.9% in a Year: More Growth On the Horizon?

Hess (HES) anticipates multibillions of exploration potential to be still left in Guyana.

1 month ago - Zacks Investment Research

What Does APA's Investor Update Tell Us About the Company?

In August, APA Corporation (APA) repurchased $1.7 billion in debt via an upsized tender offer that will allow the upstream operator to reduce its annual interest expense by 20%.

Other symbols:APAMROTTE
1 month ago - Zacks Investment Research

Hess Announces Oil Discovery at Pinktail, Offshore Guyana

NEW YORK--(BUSINESS WIRE)--Hess Announces Oil Discovery at Pinktail, Offshore Guyana

1 month ago - Business Wire

3 Energy Stocks Popping with Oil

Energy stocks led small caps higher on Thursday with surging oil prices providing the spark. Here's how to profit from it.

Other symbols:COPXLE
1 month ago - InvestorPlace

Hess (HES) Completes Divestment of Denmark Interests to Ineos

Hess (HES) intends to use the net proceeds from the divestment for investment in world-class offshore resources in Guyana.

1 month ago - Zacks Investment Research

Hess Announces Regular Quarterly Dividend On Common Stock

NEW YORK--(BUSINESS WIRE)--Hess announces regular quarterly dividend on common stock.

1 month ago - Business Wire

Hess to Participate in Barclays CEO Energy-Power Conference

NEW YORK--(BUSINESS WIRE)-- #Barclays--Hess to participate in Barclays CEO Energy-Power Conference.

1 month ago - Business Wire

Here's What You Need to Know About Tomorrow's OPEC+ Meeting

Volatile oil exploration and production stocks like MRO, FANG, OXY, HES, MUR and DVN will be most affected by the OPEC+ meeting outcome.

Other symbols:BKRFANGMROMUROXY
1 month ago - Zacks Investment Research

Hess Completes Sale of Interests in Denmark

NEW YORK--(BUSINESS WIRE)--Hess Completes Sale of Interests in Denmark

1 month ago - Business Wire

Why Is Hess (HES) Down 13.2% Since Last Earnings Report?

Hess (HES) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

US Oil Majors Impose COVID-19 Vaccine Mandates for Workers

Oil majors like Chevron, Schlumberger and Hess mandate inoculation as a new safety measure, owing to the resurgence of coronavirus cases.

Other symbols:AMZNCVXFBPXDSLBVLO
1 month ago - Zacks Investment Research

After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hess (HES)

Hess (HES) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earning...

2 months ago - Zacks Investment Research