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Hess (HES)
NYSE:HES
Hess (HES) Stock Price & Analysis
761 Followers
HES Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$122.81 - $166.75
Previous Close$150.26
Volume789.47K
Average Volume (3M)2.68M
Market Cap
$46.93B
Enterprise Value$54.02B
Total Cash (Recent Filing)$2.23B
Total Debt (Recent Filing)$9.04B
Price to Earnings (P/E)33.7
Beta0.89
Next Earnings
Apr 25, 2024EPS Estimate
$1.71Last Dividend Ex-Date
Mar 15, 2024Dividend Yield1.15%
Share Statistics
EPS (TTM)4.49
Shares Outstanding307,152,064
10 Day Avg. Volume1,810,733
30 Day Avg. Volume2,683,304
Standard Deviation0.13
R-Squared0.27
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)5.40
Price to Sales (P/S)3.99
Price to Cash Flow (P/CF)8.70
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.91
Enterprise Value/Gross Profit4.77
Enterprise Value/Ebitda15.70
Forecast
1Y Price Target
$173.22Price Target Upside14.40% Upside
Rating ConsensusHold
Number of Analyst Covering9
Hess News
Bulls Say, Bears Say
Bulls Say
Asset ValuationAnalysts value HES' 30% stake in the Stabroek Block offshore Guyana at approximately $40 billion, highlighting a key asset with substantial value.
Financial PerformanceThe stand-alone Net Asset Value (NAV) for HES has increased to $172/share, reflecting positive growth in year-end reserves.
Stock PotentialAnalyst's price target for HES has been raised to $205/share, indicating potential upside from the current trading price.
Bears Say
Debt LevelsHigh net debt reported at $7,285 million.
Financial GuidanceThe forecast for FY24 E&P capex is approximately $4.36bn, which exceeds the company's guidance of $4.2bn.
Mergers And AcquisitionsThe closure of the deal with CVX is likely delayed, which may affect the stock's short-term performance.
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Ownership Overview
1.21% Insiders
31.06% Mutual Funds
21.30% Other Institutional Investors
46.43% 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 $122.81 and its highest was $166.75 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 Apr 25, 2024 which is tomorrow.
How were Hess’s earnings last quarter?
Hess released its earnings results on Jan 31, 2024. The company reported $1.63 earnings per share for the quarter, beating the consensus estimate of $1.454 by $0.176.
Is Hess overvalued?
According to Wall Street analysts Hess’s price is currently Undervalued.
Does Hess pay dividends?
Hess pays a Quarterly dividend of $0.44 which represents an annual dividend yield of 1.15%. See more information on Hess dividends here
What is Hess’s EPS estimate?
Hess’s EPS estimate is $1.71.
How many shares outstanding does Hess have?
Hess has 307,152,070 shares outstanding.
What happened to Hess’s price movement after its last earnings report?
Hess reported an EPS of $1.63 in its last earnings report, beating expectations of $1.454. Following the earnings report the stock price went down -2.082%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$173.22 (14.40% Upside)
$173.22 (14.40% Upside)
Blogger Sentiment
Bullish
HES Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 902.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $39.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▼ 0.1%
Last 30 Days ▼ 0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.09%
12-Months-Change
Fundamentals
Return on Equity
16.41%
Trailing 12-Months
Asset Growth
10.66%
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 Months Forecast
Average Price Target
$173.22
▲(14.40% Upside)
Technical Analysis
Best Analysts Covering HES
1 Year
1 Year Success Rate
16/19 ratings generated profit
1 Year Average Return
+26.35%
reiterated a buy rating 7 months ago
Copying Arun Jayaram's trades and holding each position for 1 Year would result in 84.21% of your transactions generating a profit, with an average return of +26.35% per trade.
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