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HES

HES - Hess Corp Stock Price, Fair Value and News

157.74USD-0.75 (-0.47%)Delayed as of 08 May 2024, 12:59 pm ET

Market Summary

HES
USD157.74-0.75
Delayedas of 08 May 2024, 12:59 pm
-0.47%

HES Alerts

  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

HES Stock Price

View Fullscreen

HES RSI Chart

HES Valuation

Market Cap

48.8B

Price/Earnings (Trailing)

24.32

Price/Sales (Trailing)

4.23

EV/EBITDA

9.52

Price/Free Cashflow

11.66

HES Price/Sales (Trailing)

HES Profitability

EBT Margin

28.46%

Return on Equity

19.07%

Return on Assets

8.12%

Free Cashflow Yield

8.58%

HES Fundamentals

HES Revenue

Revenue (TTM)

11.5B

Rev. Growth (Yr)

36.2%

Rev. Growth (Qtr)

10.08%

HES Earnings

Earnings (TTM)

2.0B

Earnings Growth (Yr)

180.92%

Earnings Growth (Qtr)

135.35%

Breaking Down HES Revenue

52 Week Range

124.27165.43
(Low)(High)

Last 7 days

0.6%

Last 30 days

0.7%

Last 90 days

9.2%

Trailing 12 Months

15.8%

How does HES drawdown profile look like?

HES Financial Health

Current Ratio

1.23

Debt/Equity

0.8

Debt/Cashflow

0.5

HES Investor Care

Dividend Yield

1.1%

Dividend/Share (TTM)

1.75

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

6.53

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202411.5B000
202311.7B11.0B10.7B10.6B
20228.0B9.4B10.8B11.6B
20215.4B6.1B6.7B7.6B
20206.3B5.5B5.1B4.8B
20196.7B6.8B6.6B6.5B
20185.5B5.9B6.0B6.5B
20175.1B5.0B5.5B5.4B
20166.1B5.4B4.9B4.8B
201510.4B8.7B7.7B6.6B
201411.3B10.7B10.7B11.5B
201316.7B17.6B16.8B15.3B
201218.9B16.9B14.9B12.9B
201135.2B37.2B37.0B20.9B
201031.9B32.9B34.5B33.9B
200937.3B32.4B28.4B29.6B
2008034.9B38.0B41.1B
200700031.7B
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Tracking the Latest Insider Buys and Sells of Hess Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 20, 2024
schoonman geurt g
acquired
568,693
87.2094
6,521
senior vice president
Mar 20, 2024
schoonman geurt g
sold
-2,103,130
151
-13,921
senior vice president
Mar 19, 2024
slentz andrew p
acquired
784,544
56.74
13,827
senior vice president
Mar 19, 2024
slentz andrew p
sold
-3,060,070
151
-20,254
senior vice president
Mar 07, 2024
lowery-yilmaz barbara j
sold
-206,664
144
-1,430
senior vice president
Mar 07, 2024
rielly john p
sold
-375,174
144
-2,596
evp and cfo
Mar 07, 2024
schoonman geurt g
sold
-56,362
144
-390
senior vice president
Mar 07, 2024
lynch richard d.
sold
-197,559
144
-1,367
senior vice president
Mar 07, 2024
goodell timothy b.
sold
-390,349
144
-2,701
evp, gen counsel & secretary
Mar 07, 2024
hill gregory p.
sold
-680,400
144
-4,708
coo and president, e&p

1–10 of 50

Which funds bought or sold HES recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Quantbot Technologies LP
added
170
2,990,940
4,593,850
0.26%
May 06, 2024
Empirical Finance, LLC
added
3.49
132,178
1,512,510
0.09%
May 06, 2024
SouthState Corp
added
5.04
9,948
98,606
0.01%
May 06, 2024
Parallel Advisors, LLC
added
3.49
34,086
389,574
0.01%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-15.08
-2,643,380
23,568,200
0.23%
May 06, 2024
Fidelis Capital Partners, LLC
new
-
244,071
244,071
0.04%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-79.19
-3,797,000
1,073,000
0.01%
May 06, 2024
TEXAS PERMANENT SCHOOL FUND CORP
reduced
-0.31
456,961
8,687,200
0.07%
May 06, 2024
Metis Global Partners, LLC
reduced
-2.06
56,747
1,589,740
0.06%
May 06, 2024
Savant Capital, LLC
added
2.34
37,033
479,749
0.01%

1–10 of 47

Are Funds Buying or Selling HES?

Are funds buying HES calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HES
No. of Funds

Unveiling Hess Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
fmr llc
-
0
SC 13G/A
Feb 14, 2024
hess john b
9.38%
28,798,729
SC 13G/A
Feb 13, 2024
vanguard group inc
10.36%
31,832,380
SC 13G/A
Jan 26, 2024
blackrock inc.
7.0%
21,615,092
SC 13G/A
Jan 25, 2024
state street corp
5.54%
17,003,073
SC 13G/A
Jan 10, 2024
fmr llc
-
0
SC 13G/A
Feb 14, 2023
hess john b
9.59%
29,416,374
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
10.15%
31,304,916
SC 13G/A
Feb 06, 2023
state street corp
6.03%
18,604,614
SC 13G/A

Recent SEC filings of Hess Corp

View All Filings
Date Filed Form Type Document
May 07, 2024
10-Q
Quarterly Report
May 02, 2024
425
Prospectus Filed
May 02, 2024
8-K
Current Report
Apr 29, 2024
425
Prospectus Filed
Apr 26, 2024
DEFM14A
DEFM14A
Apr 25, 2024
8-K
Current Report
Apr 10, 2024
SC 13G/A
Major Ownership Report
Apr 05, 2024
ARS
ARS
Apr 05, 2024
DEF 14A
DEF 14A
Apr 05, 2024
DEFA14A
DEFA14A

Peers (Alternatives to Hess Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
458.2B
341.1B
-4.26% 6.50%
13.97
1.34
-16.75% -46.83%
300.4B
198.9B
0.63% 1.91%
14.8
1.51
-18.05% -43.28%
57.7B
27.7B
-6.06% 10.33%
13.35
2.08
-22.75% -55.41%
15.3B
6.6B
-8.89% 18.54%
10.64
2.3
-15.57% -47.38%
11.6B
6.4B
-0.97% 13.18%
11
1.81
-54.63% -85.10%
MID-CAP
9.1B
2.2B
6.85% 46.78%
18.84
4.13
-62.59% -77.29%
3.8B
2.7B
-12.05% 21.42%
10.8
1.39
2.93% 8.77%
3.7B
2.5B
-0.91% 56.11%
3.6
1.44
-6.59% -31.79%
2.8B
1.7B
2.04% -5.52%
12.73
1.64
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
280.2M
307.6M
3.50% 2.16%
0.71
0.91
-32.91% 578.62%
172.6M
186.7M
-22.41% 78.41%
-3.72
0.92
-27.21% 56.92%
92.7M
220.8M
-13.23% -9.90%
-30.4
0.42
-38.52% -116.44%
71.5M
2.7B
-4.78% -25.70%
337.3
0.03
-18.46% -93.92%
28.6M
23.9M
7.12% 5.54%
-10.53
1.2
-21.86% -149.09%

Hess Corp News

Latest updates
MarketWatch • 20 hours ago
Yahoo Canada Shine On • 06 May 2024 • 09:03 am
Defense World • 04 May 2024 • 05:18 am
MarketWatch • 03 May 2024 • 08:52 pm
CNN • 13 Mar 2024 • 08:20 pm

Hess Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue10.1%3,3413,0352,8372,3202,4533,0543,1572,9882,3712,2551,8111,5981,9191,4171,1768421,3691,6661,5801,6971,599
Costs and Expenses-18.0%1,9262,3502,0201,9551,8492,1802,2691,9061,6691,6871,4831,4631,4601,3721,3541,1143,8141,7631,5651,5311,430
Operating Expenses-12.9%412473467454382385398356313316333315265313308294303365321285266
  S&GA Expenses-100.0%-16811510813621710995.0011086.0076.0084.0094.0082.0084.0089.0010213190.0089.0087.00
EBITDA Margin8.3%0.51*0.47*0.48*0.47*0.50*0.50*0.49*0.49*0.46*0.46*0.45*0.44*0.45*-0.06*-0.07*-0.04*0.03*0.42*0.42*--
Interest Expenses-2.6%11311611712212312412512112312112511811711811811911395.0090.0097.0098.00
Income Taxes91.2%34818221516017629228232819721214312212372.005.00-9.00-79.0011911613294.00
Earnings Before Taxes106.6%1,4156858173656048748881,08270256832813545945.00-178-272-2,445-64.00-50.00166169
EBT Margin22.6%0.28*0.23*0.25*0.25*0.30*0.31*0.30*0.28*0.22*0.20*0.14*0.08*0.01*-0.59*-0.59*-0.52*-0.38*0.03*0.05*--
Net Income135.4%972413504119346497515667417265115-73.00252-97.00-243-320-2,433-222-212-6.0032.00
Net Income Margin34.1%0.17*0.13*0.14*0.13*0.17*0.18*0.17*0.16*0.09*0.07*0.03*-0.03*-0.08*-0.64*-0.64*-0.58*-0.46*-0.06*-0.03*--
Free Cashflow-120.5%-78.0038123.0011.00-325289376546-1,119-64.00-348-178-372-477-827-697-518-677-520--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets3.0%24,71924,00723,20122,23021,93821,69521,64321,18019,79820,51519,49019,16618,95118,82118,96919,54620,71721,78221,63121,69521,716
  Current Assets5.7%3,6243,4303,9163,7043,7993,9314,1233,9693,2664,3463,8923,9693,5223,0813,1363,1154,2703,1563,3983,6843,834
    Cash Equivalents-14.8%1,4381,6882,0182,2262,1002,4862,3842,1591,3702,7132,4192,4301,8661,7391,2851,6462,0801,5451,8632,2082,300
  Inventory25.7%382304333278229217278317243223262241219378422360230261289278274
  Net PPE2.3%17,82717,43216,42115,74115,41215,09815,09214,81814,48914,18213,95413,65713,86314,11514,23514,82514,81116,81416,44916,10715,898
  Goodwill0%360360360360360360360360360360360360360360360360360360360360360
Liabilities-1.5%14,18814,40513,90213,32813,21713,19913,44913,42212,75013,48913,23412,63412,30812,48612,08712,18012,53912,07611,45411,16411,163
  Current Liabilities-9.8%2,9513,2702,9962,4032,3082,3962,3122,3552,3033,0642,7492,5271,6901,6231,4261,5641,9472,5102,3442,3322,271
  Long Term Debt1.4%8,4158,3028,2418,4598,3828,2788,3038,3327,9347,9417,9937,7128,2738,2868,2808,2058,1917,1426,5266,5116,550
    LT Debt, Current1.0%3143113078.005.003.00--22.0051751451113.0010.008.005.003.00-15.0014.0012.00
    LT Debt, Non Current-100.0%-8,3028,2418,4598,3828,2788,3038,3327,9347,9417,9937,7128,2738,2868,2808,2058,1917,1426,5266,5116,550
Shareholder's Equity17.2%10,5318,9868,6318,9028,7217,8558,1947,7587,0487,0266,2566,5326,6436,3356,8827,3668,1789,70610,17710,53110,553
  Retained Earnings35.8%3,1492,3182,0391,6701,6861,4741,3541,0756803791921553051303046251,0213,5353,8364,1254,207
  Additional Paid-In Capital0.8%6,5456,4956,4776,4426,2546,2066,2276,2366,0836,0175,9035,8595,7795,6845,6685,6505,6335,5915,5435,5135,481
Accumulated Depreciation2.8%19,87919,33918,80218,33217,86417,49417,26417,58417,29316,99616,60616,28516,77916,40415,93117,38416,89319,00618,50617,99117,548
Shares Outstanding0.7%308306306306305308308309309307307307306305305305304301303--
Minority Interest7.6%6636166686305886416356227407266471,0441,0279699669719789741,2691,2371,211
Float----37,598---29,523---24,239---14,091---16,996-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-34.2%8851,3449869746381,2521,3391,509-156899615785591486136266445286443675238
  Share Based Compensation116.7%39.0018.0016.0018.0035.0017.0017.0016.0033.0016.0017.0019.0025.0016.0016.0018.0029.0019.0018.0021.0027.00
Cashflow From Investing33.8%-958-1,447-1,004-821-841-647-727-659-522-510-370-60.00-385107-426-570-818-825-721-617-680
Cashflow From Financing22.0%-177-227-190-27.00-183-503-387-61.00-665-95.00-256-161-79.00-139-71.00-130908221-67.00-15048.00
  Buy Backs-----20.00290150190------------25.00
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HES Income Statement

2023-12-31
Statement of Consolidated Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues and Non-Operating Income   
Sales and other operating revenues$ 10,511$ 11,324$ 7,473
Gains on asset sales, net210129
Other, net13214581
Total revenues and non-operating income10,64511,5707,583
Costs and Expenses   
Marketing, including purchased oil and gas2,7323,3282,034
Operating costs and expenses1,7761,4521,229
Production and severance taxes216255172
Exploration expenses, including dry holes and lease impairment317208162
General and administrative expenses527531340
Interest expense478493481
Depreciation, depletion and amortization2,0461,7031,528
Impairment and other8254147
Total costs and expenses8,1748,0246,093
Income Before Income Taxes2,4713,5461,490
Provision for income taxes7331,099600
Net Income1,7382,447890
Less: Net income attributable to noncontrolling interests356351331
Net Income Attributable to Hess Corporation$ 1,382$ 2,096$ 559
Net Income Attributable to Hess Corporation Per Common Share:   
Basic (in dollars per share)$ 4.52$ 6.80$ 1.82
Diluted (in dollars per share)$ 4.49$ 6.77$ 1.81
Weighted Average Number of Common Shares Outstanding:   
Shares outstanding – Basic (in shares)305.9308.1307.4
Weighted Average Number of Common Shares Outstanding (Diluted) (in shares)307.6309.6309.3
Common Stock Dividends Per Share (in dollars per share)$ 1.75$ 1.50$ 1.00

HES Balance Sheet

2023-12-31
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 1,688$ 2,486
Accounts receivable:  
From contracts with customers1,1801,041
Joint venture and other150121
Inventories304217
Other current assets10866
Total current assets3,4303,931
Property, plant and equipment:  
Total — at cost36,77132,592
Less: Reserves for depreciation, depletion, amortization and lease impairment19,33917,494
Property, Plant and Equipment — Net17,43215,098
Operating lease right-of-use assets — net720570
Finance lease right-of-use assets — net108126
Post-retirement benefit assets685648
Goodwill360360
Deferred income taxes320133
Other assets952829
Total Assets24,00721,695
Current Liabilities:  
Accounts payable402285
Accrued liabilities2,1021,840
Taxes payable8547
Current portion of long-term debt3113
Current portion of operating and finance lease obligations370221
Total current liabilities3,2702,396
Long-term debt8,3028,278
Long-term operating lease obligations459469
Long-term finance lease obligations156179
Deferred income taxes608418
Asset retirement obligations1,1861,034
Other liabilities and deferred credits424425
Total Liabilities14,40513,199
Hess Corporation stockholders’ equity:  
Common stock, par value $1.00; Authorized 600,000,000 shares. Issued 307,158,272 shares (2022: 306,176,864)307306
Capital in excess of par value6,4956,206
Retained earnings2,3181,474
Accumulated other comprehensive income (loss)(134)(131)
Total Hess Corporation stockholders’ equity8,9867,855
Noncontrolling interests616641
Total equity9,6028,496
Total Liabilities and Equity$ 24,007$ 21,695
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.
 CEO
 WEBSITEhess.com
 INDUSTRYOil - E&P
 EMPLOYEES1623

Hess Corp Frequently Asked Questions


What is the ticker symbol for Hess Corp? What does HES stand for in stocks?

HES is the stock ticker symbol of Hess Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Hess Corp (HES)?

As of Tue May 07 2024, market cap of Hess Corp is 48.83 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HES stock?

You can check HES's fair value in chart for subscribers.

What is the fair value of HES stock?

You can check HES's fair value in chart for subscribers. The fair value of Hess Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Hess Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HES so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Hess Corp a good stock to buy?

The fair value guage provides a quick view whether HES is over valued or under valued. Whether Hess Corp is cheap or expensive depends on the assumptions which impact Hess Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HES.

What is Hess Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, HES's PE ratio (Price to Earnings) is 24.32 and Price to Sales (PS) ratio is 4.23. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HES PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Hess Corp's stock?

In the past 10 years, Hess Corp has provided 0.076 (multiply by 100 for percentage) rate of return.