Hess Corporation (HES)
| 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]
Financial Performance
Financial StatementsAnalyst 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.
News
Hess (HES) Beats on Q4 Earnings, Hikes Exploration Budget
Higher oil and natural gas prices, and production boost Hess' (HES) earnings in Q4.
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?
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...
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...
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.
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.
Stocks This Week: Buy Schlumberger And Hess
Here are the positive prospects for the energy sector.
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...
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 ...
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.
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 ...
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.
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.
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...
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.
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.
Energy Stocks Hess and ConocoPhillips Rise as Oil Prices Surge
Reports suggest Russia may slash its oil production early next year.
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...
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...
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...
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...
Jim Cramer goes over the energy stock winners of 2022
Cramer explained his thoughts on the top-performing energy stocks so far this year.
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.