Hess Corporation (HES)

NYSE: HES · IEX Real-Time Price · USD
137.57
-1.21 (-0.87%)
At close: Feb 3, 2023, 4:00 PM
137.51
-0.06 (-0.04%)
After-hours: Feb 3, 2023, 7:59 PM EST
-0.87%
Market Cap 42.41B
Revenue (ttm) 10.77B
Net Income (ttm) 1.86B
Shares Out 308.31M
EPS (ttm) 6.02
PE Ratio 22.85
Forward PE 13.18
Dividend $1.50 (1.09%)
Ex-Dividend Date Sep 16, 2022
Volume 1,619,522
Open 139.28
Previous Close 138.78
Day's Range 137.44 - 142.76
52-Week Range 89.09 - 160.52
Beta 1.58
Analysts Buy
Price Target 156.15 (+13.51%)
Earnings Date Jan 25, 2023

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 in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, c... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1920
Employees 1,545
Stock Exchange NYSE
Ticker Symbol HES
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for HES stock is "Buy." The 12-month stock price forecast is $156.15, which is an increase of 13.51% from the latest price.

Price Target
$156.15
(13.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hess (HES) Beats on Q4 Earnings, Hikes Exploration Budget

Higher oil and natural gas prices, and production boost Hess' (HES) earnings in Q4.

1 week ago - Zacks Investment Research

Hess (HES) Tops Q4 Earnings and Revenue Estimates

Hess (HES) delivered earnings and revenue surprises of 5.33% and 9.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Hess Reports Estimated Results for the Fourth Quarter of 2022

NEW YORK--(BUSINESS WIRE)--   Hess Corporation (NYSE: HES) today reported net income of $624 million, or $2.03 per common share, in the fourth quarter of 2022 compared with net income of $265 millio...

1 week ago - Business Wire

Hess Announces 2023 E&P Capital and Exploratory Budget

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) today announced a 2023 Exploration & Production capital and exploratory budget of $3.7 billion, of which more than 80% will be allocated to Gu...

1 week ago - Business Wire

What's in the Offing for Hess Corp's (HES) Earnings in Q4?

Higher production and commodity prices are expected to have aided Hess' (HES) earnings in Q4.

2 weeks ago - Zacks Investment Research

Hess (HES) Reports Next Week: Wall Street Expects Earnings Growth

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.

2 weeks ago - Zacks Investment Research

Stocks This Week: Buy Schlumberger And Hess

Here are the positive prospects for the energy sector.

Other symbols: SLB
3 weeks ago - Forbes

Fangtooth oil discovery may justify Guyana's 7th platform, Hess CEO

The Fangtooth oil discovery in Guyana's waters is big enough to potentially require a platform for itself, which would be the seventh in the country, Hess Corp Chief Executive Office John Hess said in...

1 month ago - Reuters

Hess Schedules Earnings Release Conference Call

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that it will hold a conference call on Wednesday, January 25, 2023 at 10 a.m. Eastern Time to discuss its fourth quarter 2022 ...

1 month ago - Business Wire

Why Hess (HES) Could Beat Earnings Estimates Again

Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

5 Stocks in S&P 500 ETF With 40% Gains in 2022

The S&P 500 wrapped up its worst year since 2008, tumbling 20%. Persistently high inflation, a hawkish Fed, Russia's invasion of Ukraine and a resurgence of COVID-19 cases in China weighed heavily on ...

Other symbols: ACGLCAHFSLRLW
1 month ago - Zacks Investment Research

Will These 5 Energy Stocks See Another Bull Run in 2023?

Let's take a deep look into the S&P 500's top sector for 22022 - Energy - and its high flyers OXY, HES, MPC, XOM and SLB.

Other symbols: MPCOXYSLBXOM
1 month ago - Zacks Investment Research

The 10 biggest winners in the S&P 500 this year were led by an oil giant Warren Buffett owns. The top stocks saw a combined $357 billion increase in market value.

About 70% of S&P 500 companies saw negative returns in 2022, which makes it all the more impressive for energy stocks to print such massive gains.

1 month ago - Business Insider

These 20 stocks were the biggest winners of 2022

Even during a year in which the S&P 500 index has declined 19%, with 70% of its stocks in the red, there are plenty of winners.

1 month ago - Market Watch

4 Integrated US Oil Stocks Set to Escape Industry Weakness

From upstream activities to refining, prospects for companies are not at all rosy now, dampening the outlook for the Zacks Oil & Gas US Integrated industry. COP, OXY, HES and WHD will likely survive t...

Other symbols: COPOXYWHD
1 month ago - Zacks Investment Research

Here's Why Hess (HES) Stock Surged 92% in the Past Year

Hess (HES) expects significant free cash flow growth in the coming years, which will get allocated toward reducing its debt load and returning capital to shareholders.

1 month ago - Zacks Investment Research

Want Better Returns? Don't Ignore These 2 Oils and Energy Stocks Set to Beat Earnings

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Other symbols: PBA
1 month ago - Zacks Investment Research

Energy Stocks Hess and ConocoPhillips Rise as Oil Prices Surge

Reports suggest Russia may slash its oil production early next year.

Other symbols: COP
1 month ago - Barrons

3 Top S&P 500 Performers of 2022

Investors are more than aware of how harsh the market has been in 2022, with many stocks residing in the red year-to-date. Still, these three stocks have snapped the bearish trend, delivering substant...

Other symbols: CAHOXY
1 month ago - Zacks Investment Research

Hess Achieves CDP Climate Change Leadership Status and Transition Pathway Initiative Level 4 Status

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE:HES) has been recognized for climate change stewardship in CDP's Climate Change Scores for 2022. Hess has earned Leadership status for 14 consecutiv...

1 month ago - Business Wire

Oil and energy prices are moving in opposite directions, what's going on?

Crude oil prices are moving in the opposite direction of energy stocks over the last three months amid unique economic pressures

1 month ago - Fox Business

Hess to Participate in Goldman Sachs Global Energy and Clean Technology Conference

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) announced today that John Hess, Chief Executive Officer, will participate in a Fireside Chat at the Goldman Sachs Global Energy and Clean Tech...

1 month ago - Business Wire

Hess Named to Both Dow Jones Sustainability World Index and North America Index

NEW YORK--(BUSINESS WIRE)--Hess Corporation (NYSE: HES) has earned a place on the prestigious Dow Jones Sustainability Index (DJSI) North America for the 13th consecutive year and for the first time...

1 month ago - Business Wire

Jim Cramer goes over the energy stock winners of 2022

Cramer explained his thoughts on the top-performing energy stocks so far this year.

Other symbols: EQTMPCOXYXOM
1 month ago - CNBC

What's Going On With Hess Stock Today - Hess (NYSE:HES)

Hess Corp. HES shares are trading higher by 3.63% to $134.02 Monday afternoon. Shares of energy companies at large are trading higher amid an increase in the price of oil.

1 month ago - Benzinga