NYSE:HES Hess (HES) Stock Price, News & Analysis $140.34 -0.53 (-0.38%) (As of 10/4/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Hess Stock (NYSE:HES) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Key Stats Today's Range$139.58▼$142.9450-Day Range$126.29▼$153.4252-Week Range$123.79▼$167.75Volume1.36 million shsAverage Volume2.20 million shsMarket Capitalization$43.24 billionP/E Ratio21.49Dividend Yield1.43%Price Target$165.15Consensus RatingModerate Buy Company OverviewHess 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, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.Read More… Next opportunity for crypto millions (Ad)"Uptober" is here, and it's not just a clever name. Historically, October ignites crypto's most explosive gains. This year could be off the charts. Don't let this opportunity pass you by. In crypto, timing is everything. Go here to discover the #1 crypto set to dominate Uptober. Hess Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks92nd Percentile Overall ScoreHES MarketRank™: Hess scored higher than 92% of companies evaluated by MarketBeat, and ranked 32nd out of 258 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.3 / 5Analyst RatingModerate Buy Consensus RatingHess has received a consensus rating of Moderate Buy. The company's average rating score is 2.54, and is based on 7 buy ratings, 6 hold ratings, and no sell ratings.Amount of Analyst CoverageHess has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Hess' stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings Growth1.63% Earnings GrowthEarnings for Hess are expected to grow by 1.63% in the coming year, from $10.46 to $10.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess is 21.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.12.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess is 21.49, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.77.Price to Book Value per Share RatioHess has a P/B Ratio of 4.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Hess' valuation and earnings. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.79% of the float of Hess has been sold short.Short Interest Ratio / Days to CoverHess has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hess has recently decreased by 12.76%, indicating that investor sentiment is improving significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldHess pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHess does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hess is 30.63%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hess will have a dividend payout ratio of 18.81% next year. This indicates that Hess will be able to sustain or increase its dividend.Read more about Hess' dividend. Sustainability and ESG1.2 / 5Environmental Score-7.49 Percentage of Shares Shorted1.79% of the float of Hess has been sold short.Short Interest Ratio / Days to CoverHess has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hess has recently decreased by 12.76%, indicating that investor sentiment is improving significantly. News and Social Media2.6 / 5News Sentiment0.59 News SentimentHess has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 25 news articles for Hess this week, compared to 18 articles on an average week.Search Interest12 people have searched for HES on MarketBeat in the last 30 days. This is an increase of 9% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Hess to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Company Ownership1.7 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Hess insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.76% of the stock of Hess is held by insiders.Percentage Held by Institutions88.51% of the stock of Hess is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hess' insider trading history. HES Stock News HeadlinesMarketBeat Week in Review – 9/30 - 10/4 (HES)A strong jobs report and a temporary settlement of the port strike lifted stocks but inflation and earnings data could set investors up for more volatilityOctober 5 at 7:00 AM | marketbeat.comChevron-Hess Merger Approved: Should You Buy Before Earnings? (HES)After the FTC approval of its merger with Hess, Chevron stock may look attractive to value-hunting investors prior to the company’s earnings reportOctober 4 at 8:42 AM | marketbeat.comMost people would never touch this orange powder… would you? At first glance, it looks like some ordinary “orange” powder… But in reality, it is a scientific breakthrough in energy technology. One that could wipe out fossil fuel, coal, and even the “glorified” renewable energy in just a few years. And right now, governments, institutions, and the elites are jumping on this resource at record pace to the point where we’re starting to run out. The question is… Why are the top 1% piling in this much?October 5, 2024 | DTI (Ad)Energy Sector Rebound: 3 Stocks Poised for Strong Gains (HES)The energy sector is rebounding sharply due to escalating tensions in the Middle East, with oil prices surging as fears of supply disruptions rise.October 3 at 7:48 AM | marketbeat.comHess (NYSE:HES) Price Target Raised to $160.00 at BMO Capital MarketsOctober 5 at 10:45 AM | americanbankingnews.comHess Co. Expected to Earn Q3 2025 Earnings of $1.90 Per Share (NYSE:HES)October 5 at 2:40 AM | americanbankingnews.comBigCommerce Promotes Accenture Vet Travis Hess to CEOOctober 3 at 1:04 PM | pymnts.comAnalyst Questions 'What Could Hess Be Worth?' As Chevron Advances In Acquisition EffortsOctober 1, 2024 | benzinga.comSee More Headlines HES Stock Analysis - Frequently Asked Questions How have HES shares performed this year? Hess' stock was trading at $144.16 on January 1st, 2024. Since then, HES shares have decreased by 2.6% and is now trading at $140.34. View the best growth stocks for 2024 here. How were Hess' earnings last quarter? Hess Co. (NYSE:HES) issued its quarterly earnings data on Wednesday, July, 31st. The oil and gas producer reported $2.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.14. The company's quarterly revenue was up 40.3% compared to the same quarter last year. Does Hess have any subsidiaries? Hess subsidiaries include these companies: Marquette Exploration LLC, Bakken Acreage, American Oil & Gas, Triton Energy, Meadville Corporation, Hess Asia Holdings Inc., Hess Bakken Investments III LLC, and others. Who are Hess' major shareholders? Hess' top institutional investors include Czech National Bank (0.02%), SG Americas Securities LLC and Park Avenue Securities LLC. Insiders that own company stock include John P Rielly, Timothy B Goodell, John B Hess, Gregory P Hill, Barbara J Lowery-Yilmaz, Andrew P Slentz, Geurt G Schoonman, Richard D Lynch and Corp Hess. View institutional ownership trends. How do I buy shares of Hess? Shares of HES stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Hess own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hess investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Incyte (INCY), (MDVN) (MDVN), Precigen (PGEN), Intel (INTC) and First Solar (FSLR). Company Calendar Last Earnings7/31/2024Ex-Dividend for 9/30 Dividend9/16/2024Dividend Payable9/30/2024Today10/05/2024Next Earnings (Confirmed)10/30/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Petroleum refining Sub-IndustryIntegrated Oil & Gas Current SymbolNYSE:HES CUSIP42809H10 CIK4447 Webwww.hess.com Phone(212) 997-8500Fax212-536-8390Employees1,756Year Founded1933Price Target and Rating Average Stock Price Target$165.15 High Stock Price Target$194.00 Low Stock Price Target$145.00 Potential Upside/Downside+17.7%Consensus RatingModerate Buy Rating Score (0-4)2.54 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.53 Trailing P/E Ratio21.49 Forward P/E Ratio13.42 P/E GrowthN/ANet Income$1.38 billion Net Margins21.22% Pretax Margin32.60% Return on Equity27.43% Return on Assets11.40% Debt Debt-to-Equity Ratio0.78 Current Ratio1.27 Quick Ratio1.14 Sales & Book Value Annual Sales$12.32 billion Price / Sales3.51 Cash Flow$12.15 per share Price / Cash Flow11.55 Book Value$31.26 per share Price / Book4.49Miscellaneous Outstanding Shares308,109,000Free Float278,038,000Market Cap$43.24 billion OptionableOptionable Beta1.15 Social Links This page (NYSE:HES) was last updated on 10/5/2024 by MarketBeat.com Staff From Our PartnersHow much money are you leaving on the table from the stocks you already own?Charles Payne here, and I want to let you in on a time-tested trading method that can be used to generate cash...Unstoppable Prosperity | Sponsored“A very dark day is coming to America”Wall Street Legend on Economy: "If you knew what I know, you'd be terrified too." 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