Hess Corporation (HES)

NYSE: HES · IEX Real-Time Price · USD
152.64
+2.09 (1.39%)
At close: Mar 28, 2024, 4:00 PM
152.48
-0.16 (-0.10%)
After-hours: Mar 28, 2024, 7:57 PM EDT

Total Valuation

HES has a market cap or net worth of $46.24 billion. The enterprise value is $54.15 billion.

Market Cap 46.24B
Enterprise Value 54.15B

Important Dates

The next estimated earnings date is Wednesday, April 24, 2024, before market open.

Earnings Date Apr 24, 2024
Ex-Dividend Date Mar 15, 2024

Share Statistics

HES has 307.15 million shares outstanding. The number of shares has decreased by -0.65% in one year.

Shares Outstanding 307.15M
Shares Change (YoY) -0.65%
Shares Change (QoQ) +0.06%
Owned by Insiders (%) 9.55%
Owned by Institutions (%) 80.33%
Float 282.02M

Valuation Ratios

The trailing PE ratio is 34.00 and the forward PE ratio is 22.72. HES's PEG ratio is 0.29.

PE Ratio 34.00
Forward PE 22.72
PS Ratio 4.34
Forward PS 3.81
PB Ratio 5.15
P/FCF Ratio n/a
PEG Ratio 0.29
Financial Ratio History

Enterprise Valuation

EV / Earnings 39.18
EV / Sales 5.09
EV / EBITDA 11.67
EV / EBIT 20.88
EV / FCF n/a

Financial Position

The company has a current ratio of 1.05, with a Debt / Equity ratio of 1.07.

Current Ratio 1.05
Quick Ratio 0.92
Debt / Equity 1.07
Debt / EBITDA 2.07
Debt / FCF n/a
Interest Coverage 5.42

Financial Efficiency

Return on equity (ROE) is 16.20% and return on invested capital (ROIC) is 10.37%.

Return on Equity (ROE) 16.20%
Return on Assets (ROA) 6.00%
Return on Capital (ROIC) 10.37%
Revenue Per Employee $6.06M
Profits Per Employee $787,016
Employee Count 1,756
Asset Turnover 0.47
Inventory Turnover 18.13

Taxes

In the past 12 months, HES has paid $733.00 million in taxes.

Income Tax 733.00M
Effective Tax Rate 34.66%

Stock Price Statistics

The stock price has increased by +17.78% in the last 52 weeks. The beta is 1.28, so HES's price volatility has been higher than the market average.

Beta (1Y) 1.28
52-Week Price Change +17.78%
50-Day Moving Average 145.90
200-Day Moving Average 146.62
Relative Strength Index (RSI) 61.16
Average Volume (30 Days) 2,795,985

Short Selling Information

The latest short interest is 6.41 million, so 2.09% of the outstanding shares have been sold short.

Short Interest 6.41M
Short Previous Month 6.10M
Short % of Shares Out 2.09%
Short % of Float 2.27%
Short Ratio (days to cover) 2.09

Income Statement

In the last 12 months, HES had revenue of $10.65 billion and earned $1.38 billion in profits. Earnings per share was $4.49.

Revenue 10.65B
Gross Profit 5.92B
Operating Income 2.95B
Pretax Income 2.12B
Net Income 1.38B
EBITDA 4.64B
EBIT 2.59B
Earnings Per Share (EPS) $4.49
Full Income Statement

Balance Sheet

The company has $1.69 billion in cash and $9.60 billion in debt, giving a net cash position of -$7.91 billion or -$25.75 per share.

Cash & Cash Equivalents 1.69B
Total Debt 9.60B
Net Cash -7.91B
Net Cash Per Share -$25.75
Equity / Book Value 8.99B
Book Value Per Share 29.26
Working Capital 160.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.94 billion and capital expenditures -$4.11 billion, giving a free cash flow of -$166.00 million.

Operating Cash Flow 3.94B
Capital Expenditures -4.11B
Free Cash Flow -166.00M
FCF Per Share -$0.54
Full Cash Flow Statement

Margins

Gross margin is 55.62%, with operating and profit margins of 27.70% and 12.98%.

Gross Margin 55.62%
Operating Margin 27.70%
Pretax Margin 19.87%
Profit Margin 12.98%
EBITDA Margin 43.58%
EBIT Margin 24.36%
FCF Margin -1.56%

Dividends & Yields

This stock pays an annual dividend of $1.75, which amounts to a dividend yield of 1.15%.

Dividend Per Share $1.75
Dividend Yield 1.15%
Dividend Growth (YoY) 12.00%
Years of Dividend Growth 2
Payout Ratio 38.98%
Buyback Yield 0.65%
Shareholder Yield 1.79%
Earnings Yield 2.99%
FCF Yield -0.36%
Dividend Details

Analyst Forecast

The average price target for HES is $168.73, which is 10.54% higher than the current price. The consensus rating is "Buy".

Price Target $168.73
Price Target Difference 10.54%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 9.12%
EPS Growth Forecast (5Y) 32.20%
Stock Forecasts

Stock Splits

The last stock split was on June 1, 2006. It was a forward split with a ratio of 3:1.

Last Split Date Jun 1, 2006
Split Type Forward
Split Ratio 3:1

Scores

HES has an Altman Z-Score of 2.87 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.87
Piotroski F-Score 6