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Hess (HES)
NYSE:HES
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HES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$123.79 - $167.75
Previous Close$131.39
Volume636.24K
Average Volume (3M)1.69M
Market Cap
$40.48B
Enterprise Value$48.70B
Total Cash (Recent Filing)$2.02B
Total Debt (Recent Filing)$9.53B
Price to Earnings (P/E)15.2
Beta0.84
Next Earnings
Oct 23, 2024EPS Estimate
$2.23Last Dividend Ex-Date
Sep 16, 2024Dividend Yield1.34%
Share Statistics
EPS (TTM)8.59
Shares Outstanding308,114,909
10 Day Avg. Volume1,569,421
30 Day Avg. Volume1,690,182
Standard Deviation0.13
R-Squared0.22
Alpha0.00810
Financial Highlights & Ratios
Price to Book (P/B)3.86
Price to Sales (P/S)3.27
Price to Cash Flow (P/CF)5.30
P/FCF Ratio12.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.95
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda8.11
Forecast
1Y Price Target
$164.20Price Target Upside23.03% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Hess News
Bulls Say, Bears Say
Bulls Say
EarningsHES delivered a strong quarter with production and cash flow above expectations, with capex moderately lower.
Price TargetAnalyst's price target for HES has been raised to $205/share, indicating potential upside from the current trading price.
ValuationThe stand-alone Net Asset Value (NAV) for HES has increased to $172/share, reflecting positive growth in year-end reserves.
Bears Say
AcquisitionThe closure of the deal with CVX is likely delayed, which may affect the stock's short-term performance.
ArbitrationThe focus remains on the closing of the acquisition by CVX, which will rely on the outcome of arbitration with XOM related to the ROFR in Guyana.
Spending OutlookTempered North American spending outlook, with natural gas declines only partially offset by oil.
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Ownership Overview
1.21% Insiders
29.87% Mutual Funds
46.86% Other Institutional Investors
22.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Macro & PoliticalRisks related to catastrophic events or geopolitical conditions that may disrupt the company’s business
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HES FAQ
What was Hess’s price range in the past 12 months?
Hess lowest stock price was $123.79 and its highest was $167.75 in the past 12 months.
What is Hess’s market cap?
Currently, no data Available
When is Hess’s upcoming earnings report date?
Hess’s upcoming earnings report date is Oct 23, 2024 which is in 34 days.
How were Hess’s earnings last quarter?
Hess released its earnings results on Jul 31, 2024. The company reported $2.62 earnings per share for the quarter, beating the consensus estimate of $2.566 by $0.054.
Is Hess overvalued?
According to Wall Street analysts Hess’s price is currently Undervalued.
Does Hess pay dividends?
Hess pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 1.34%. See more information on Hess dividends here
What is Hess’s EPS estimate?
Hess’s EPS estimate is $2.23.
How many shares outstanding does Hess have?
Hess has 308,114,900 shares outstanding.
What happened to Hess’s price movement after its last earnings report?
Hess reported an EPS of $2.62 in its last earnings report, beating expectations of $2.566. Following the earnings report the stock price went up 1.138%.
Which hedge fund is a major shareholder of Hess?
Among the largest hedge funds holding Hess’s share is PRIMECAP Management Co. It holds Hess’s shares valued at 1B.
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Hess Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$164.20 (23.03% Upside)
$164.20 (23.03% Upside)
Blogger Sentiment
Bullish
HES Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 2.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.6%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.14%
12-Months-Change
Fundamentals
Return on Equity
28.21%
Trailing 12-Months
Asset Growth
16.10%
Trailing 12-Months
Company Description
Hess
Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.
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HES Earnings Call
Q2 2023
0:00 / 0:00
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HES Stock 12 Month Forecast
Average Price Target
$164.20
▲(23.03% Upside)
Technical Analysis
Best Analysts Covering HES
1 Year
1 Year Success Rate
15/19 ratings generated profit
1 Year Average Return
+25.56%
reiterated a buy rating 12 months ago
Copying Arun Jayaram's trades and holding each position for 1 Year would result in 78.95% of your transactions generating a profit, with an average return of +25.56% per trade.
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