NYSE:HES Hess (HES) Stock Price, News & Analysis $138.06 -0.06 (-0.04%) (As of 08/30/2024 08:54 PM ET) Add Compare Share Share Today's Range$136.34â–Ľ$138.0850-Day Range$131.17â–Ľ$155.4452-Week Range$130.35â–Ľ$167.75Volume1.92 million shsAverage Volume2.27 million shsMarket Capitalization$42.54 billionP/E Ratio21.14Dividend Yield1.27%Price Target$175.77 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Hess alerts: Email Address Hess MarketRank™ Stock AnalysisAnalyst RatingHold2.46 Rating ScoreUpside/Downside27.3% Upside$175.77 Price TargetShort InterestHealthy2.05% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.49Upright™ Environmental ScoreNews Sentiment0.46Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth12.23%From $11.12 to $12.48 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.84 out of 5 starsOils/Energy Sector15th out of 240 stocksPetroleum Refining Industry3rd out of 17 stocks 4.2 Analyst's Opinion Consensus RatingHess has received a consensus rating of Hold. The company's average rating score is 2.46, and is based on 6 buy ratings, 7 hold ratings, and no sell ratings.Amount of Analyst CoverageHess has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Hess' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.05% of the float of Hess has been sold short.Short Interest Ratio / Days to CoverHess has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hess has recently decreased by 13.86%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldHess pays a meaningful dividend of 1.27%, 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 26.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hess will have a dividend payout ratio of 14.02% next year. This indicates that Hess will be able to sustain or increase its dividend.Read more about Hess' dividend. Previous Next 1.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHess has received a -38.42% net impact score from Upright. The largest negative impact of Hess in category "GHG emissions" seems to be driven mostly by its "Oil distribution services", "Oil exploration services", "Crude oil", and "Oil drilling services" products. See details.Environmental SustainabilityThe Environmental Impact score for Hess is -7.49. Previous Next 1.4 News and Social Media Coverage News SentimentHess has a news sentiment score of 0.46. 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 is a lower news sentiment than the 0.67 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Hess this week, compared to 18 articles on an average week.Search InterestOnly 12 people have searched for HES on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Hess to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days. Previous Next 1.7 Company Ownership 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Hess are expected to grow by 12.23% in the coming year, from $11.12 to $12.48 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hess is 21.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Hess is 21.14, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.76.Price to Book Value per Share RatioHess has a P/B Ratio of 3.80. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressDNC crowns Kamala, but she’s already DONEIn Trump’s hands, I believe this superweapon could restore America’s global dominance. It will also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.Full details are included in this announcement. About Hess Stock (NYSE: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, 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 HES Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HES Stock News HeadlinesAugust 2, 2024 | marketbeat.comChevron Stock Dips as Earnings Miss Highlights Merger Uncertainty (HES)Chevron stock is falling after a mixed earnings report that showed earnings coming in lighter due to lower refining margins and natural gas pricesAugust 31 at 7:10 PM | finance.yahoo.comHess Corporation (HES): Among Goldman Sachs’ Best Hedge Fund Stock PicksSeptember 2, 2024 | Paradigm Press (Ad)DNC crowns Kamala, but she’s already DONEIn Trump’s hands, I believe this superweapon could restore America’s global dominance. It will also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.August 31 at 5:28 AM | msn.comMurders of Jesse Hess and grandpa, left her dad with a broken heartAugust 30 at 2:25 PM | finance.yahoo.comHess (HES) Down 2.2% Since Last Earnings Report: Can It Rebound?August 29, 2024 | americanbankingnews.comHess Co. (NYSE:HES) Receives $175.77 Average PT from AnalystsAugust 26, 2024 | msn.comWilliams County teen killed in overnight crash in MichiganAugust 24, 2024 | msn.comUnusually early cold storm could dust California’s Sierra Nevada peaks with rare August snowSeptember 2, 2024 | Paradigm Press (Ad)DNC crowns Kamala, but she’s already DONEIn Trump’s hands, I believe this superweapon could restore America’s global dominance. It will also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.August 22, 2024 | msn.comHere's how to take care of your comal, according to owner of San Antonio-based Hess Street FoodsAugust 21, 2024 | businesswire.comHess Midstream LP to Participate in Barclays CEO Energy-Power ConferenceAugust 21, 2024 | msn.comHess Guyana's secret value becomes key part of Exxon arbitration - ReutersAugust 20, 2024 | msn.comDeputies: Man wanted for attempted murder believed to have contributed to house fireAugust 20, 2024 | fool.comChevron Has a Lot of Growth Coming Down the Pipeline, Despite Delays for Its Needle-Moving Hess AcquisitionAugust 20, 2024 | reuters.comExclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources sayAugust 15, 2024 | uk.finance.yahoo.comShareholders Can Be Confident That Hess Midstream's (NYSE:HESM) Earnings Are High QualityAugust 12, 2024 | yahoo.comGet to know Girard’s Allen Hess-Cardona: WKBN Big 22 ContenderAugust 10, 2024 | msn.comArizona elections: In Buckeye, Michelle Hess concedes while District 3 heads to runoffSee More Headlines Receive HES Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hess and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/28 Dividend6/14/2024Dividend Payable6/28/2024Last Earnings7/31/2024Today9/01/2024Next Earnings (Estimated)10/23/2024Fiscal 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$175.77 High Stock Price Target$210.00 Low Stock Price Target$151.00 Potential Upside/Downside+27.3%Consensus RatingHold Rating Score (0-4)2.46 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$6.53 Trailing P/E Ratio21.14 Forward P/E Ratio12.42 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$10.65 billion Price / Sales4.00 Cash Flow$11.71 per share Price / Cash Flow11.79 Book Value$36.35 per share Price / Book3.80Miscellaneous Outstanding Shares308,110,000Free Float278,038,000Market Cap$42.54 billion OptionableOptionable Beta1.16 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. John B. Hess (Age 70)CEO & Director Comp: $5.25MMr. John P. Rielly (Age 62)Executive VP & CFO Comp: $2.25MMr. Gregory P. Hill (Age 63)COO and President of Exploration & Production Comp: $3.49MMr. Timothy B. Goodell (Age 67)Executive VP, General Counsel, Corporate Secretary & Chief Compliance Officer Comp: $2.16MMs. Barbara J. Lowery-Yilmaz (Age 67)Senior VP & Chief Exploration Officer Comp: $1.6MMr. Richard Lynch (Age 66)Senior Vice President of Technology & Services Mr. Jay R. Wilson (Age 78)Vice President of Investor Relations Lorrie HeckerVice President of CommunicationsMr. Andrew P. Slentz (Age 62)Senior Vice President of Human Resources & Office Management Jonathan C. SteinSenior VP, CFO of Midstream & Chief Risk OfficerMore ExecutivesKey CompetitorsOccidental PetroleumNYSE:OXYMurphy OilNYSE:MURExxon MobilNYSE:XOMChevronNYSE:CVXConocoPhillipsNYSE:COPView All CompetitorsInsiders & InstitutionsMaven Securities LTDBought 60,000 shares on 8/29/2024Ownership: 0.000%Clearbridge Investments LLCSold 729 shares on 8/27/2024Ownership: 0.295%Teachers Retirement System of The State of KentuckySold 647 shares on 8/26/2024Ownership: 0.007%Cetera Investment AdvisersBought 285 shares on 8/22/2024Ownership: 0.006%Truist Financial CorpBought 6,508 shares on 8/21/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions Should I Buy Hess Stock? HES Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Hess Co.: Hess Corporation is actively exploring, developing, and producing crude oil, natural gas liquids, and natural gas, which can lead to potential revenue growth. Recent developments in the company's exploration and production operations indicate a positive outlook for future profitability. Current stock price for Hess Co. is favorable for potential investors, providing an opportunity for value appreciation. Hess Co. has a strong Return on Equity and Return on Assets, indicating efficient use of investor funds and assets. The company's debt-to-equity ratio is favorable, suggesting a healthy balance between debt and equity financing. Cons Investors should be bearish about investing in Hess Co. for these reasons: Fluctuations in oil and gas prices can impact Hess Co.'s revenue and profitability, making it susceptible to market volatility. While the company has shown positive developments, there may still be risks associated with its exploration and production activities. Net margins for Hess Co. may be affected by external factors such as geopolitical events or regulatory changes in the energy sector. Percentage held by institutional investors in Hess Co. may influence stock performance and investor sentiment. Dividend yield for Hess Co. may vary based on company performance and market conditions, impacting investor returns. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 27, 2024. Please send any questions or comments about these Hess pros and cons to [email protected]. HES Stock Analysis - Frequently Asked Questions How have HES shares performed this year? Hess' stock was trading at $144.16 at the start of the year. Since then, HES stock has decreased by 4.2% and is now trading at $138.06. View the best growth stocks for 2024 here. How were Hess' earnings last quarter? Hess Co. (NYSE:HES) issued its quarterly earnings results on Wednesday, July, 31st. The oil and gas producer reported $2.62 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.14. The firm's quarterly revenue was up 40.3% compared to the same quarter last year. What is John B. Hess' approval rating as Hess' CEO? 200 employees have rated Hess Chief Executive Officer John B. Hess on Glassdoor.com. John B. Hess has an approval rating of 90% among the company's employees. Does Hess have any subsidiaries? Hess subsidiaries include Marquette Exploration LLC, Bakken Acreage, American Oil & Gas, Triton Energy, Meadville Corporation, Hess Asia Holdings Inc., Hess Bakken Investments III LLC, and more. Who are Hess' major shareholders? Top institutional investors of Hess include Primecap Management Co. CA (2.63%), D. E. Shaw & Co. Inc. (1.28%), Barrow Hanley Mewhinney & Strauss LLC (1.16%) and Bank of New York Mellon Corp (0.92%). 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). 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