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Hess Corp Stock Research

HES

158.04USD+6.00(+3.95%)Market Closed
Watchlist

Market Summary

USD158.04+6.00
Market Closed
3.95%

HES Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

HES Stock Price

HES RSI Chart

HES Valuation

Market Cap

48.4B

Price/Earnings (Trailing)

32.74

Price/Sales (Trailing)

4.4

EV/EBITDA

8.89

Price/Free Cashflow

11.51

HES Price/Sales (Trailing)

HES Profitability

EBT Margin

29.59%

Return on Equity

24.9%

Return on Assets

9.23%

Free Cashflow Yield

8.69%

HES Fundamentals

HES Revenue

Revenue (TTM)

11.0B

Revenue Y/Y

-22.36%

Revenue Q/Q

-5.42%

HES Earnings

Earnings (TTM)

1.5B

Earnings Y/Y

-82.16%

Earnings Q/Q

-65.61%

Price Action

52 Week Range

101.62164.99
(Low)(High)

Last 7 days

1.1%

Last 30 days

3.0%

Last 90 days

18.1%

Trailing 12 Months

56.3%

HES Financial Health

Current Ratio

1.65

HES Investor Care

Dividend Yield

1.03%

Dividend/Share (TTM)

1.63

Buy Backs (1Y)

1.19%

Diluted EPS (TTM)

4.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for HES

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Lowery-Yilmaz Barbara J
sold
-3,815,880
156
-24,319
senior vice president
2023-09-01
Lowery-Yilmaz Barbara J
acquired
1,574,800
64.7558
24,319
senior vice president
2023-09-01
Slentz Andrew P
sold
-3,808,230
156
-24,312
senior vice president
2023-09-01
Slentz Andrew P
acquired
917,931
49.72
18,462
senior vice president
2023-07-31
Hill Gregory P.
sold
-5,056,540
151
-33,414
coo and president, e&p
2023-06-02
Quigley James H.
gifted
-
-
-13,378
-
2023-05-10
COLEMAN LEONARD S JR
gifted
-
-
-2,845
-
2023-03-29
Hill Gregory P.
sold
-993,000
132
-7,500
coo and president, e&p
2023-03-07
Lynch Richard D.
sold
-4,608,210
138
-33,191
senior vice president
2023-03-07
Lynch Richard D.
acquired
919,471
67.2964
13,663
senior vice president

1–10 of 50

Which funds bought or sold HES recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
new
-
238,320
238,320
-%
2023-09-21
Jefferies Group LLC
reduced
-47.72
-6,318,260
7,351,810
0.06%
2023-09-21
Baystate Wealth Management LLC
unchanged
-
539
18,142
-%
2023-09-20
BARCLAYS PLC
added
104
41,959,000
80,001,000
0.05%
2023-09-12
Farther Finance Advisors, LLC
added
6.49
1,916
22,296
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-4,367
-
-%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
added
0.33
6,189
208,252
0.02%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
54.00
2,040
-%
2023-09-05
Covenant Partners, LLC
reduced
-0.18
5,668
228,396
0.08%
2023-08-30
AIFG Consultants Ltd.
unchanged
-
8,375
315,404
0.25%

1–10 of 46

Latest Funds Activity

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

Schedule 13G FIlings of Hess

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 03, 2023
blackrock inc.
8.1%
25,025,933
SC 13G/A
Mar 09, 2022
vanguard group inc
10.02%
31,027,546
SC 13G/A
Feb 14, 2022
dodge & cox
3.1%
9,672,701
SC 13G/A
Feb 14, 2022
hess john b
9.90%
30,536,233
SC 13G/A
Feb 11, 2022
state street corp
6.04%
18,717,925
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A

Recent SEC filings of Hess

View All Filings
Date Filed Form Type Document
Sep 22, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 06, 2023
4
Insider Trading
Sep 01, 2023
144
Notice of Insider Sale Intent
Sep 01, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
4
Insider Trading
Jul 31, 2023
144
Notice of Insider Sale Intent
Jul 26, 2023
8-K
Current Report
Jun 30, 2023
4
Insider Trading

HES Fair Value

Loading...

Peers (Alternatives to Hess)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
-
8.8B
-1.21% 30.46%
-
-
-19.24% -60.57%
481.2B
377.0B
10.11% 42.41%
9.3
1.28
3.30% 32.79%
319.4B
222.8B
6.76% 23.31%
10.59
1.43
3.16% 3.86%
148.6B
69.3B
4.74% 28.20%
11.49
2.14
0.61% -18.74%
63.6B
159.2B
6.57% 65.20%
4.99
0.4
-1.00% 55.73%
54.9B
160.5B
6.78% 59.88%
5.02
0.34
6.24% 101.57%
MID-CAP
7.2B
3.8B
2.84% 42.00%
7.12
1.9
8.18% 97.97%
6.8B
42.1B
15.18% 68.58%
2.2
0.16
8.83% 120.09%
3.5B
9.9B
7.41% 28.44%
5.86
0.35
4.08% 53.09%
2.5B
2.7B
5.67% 24.91%
2.63
0.92
12.93% 24.18%
SMALL-CAP
1.8B
3.6B
-3.68% 5.05%
-7.83
0.51
6.48% -193.65%
1.5B
4.2B
5.33% 43.25%
-34.5
0.36
-1.01% 69.88%
289.9M
11.8M
-6.15% -46.02%
-2.86
24.55
1454.08% -69.46%

Hess News

msnNOW
Exxon closes at record high as crude oil climbs to best level in 13 ....
msnNOW,
9 hours ago
InvestorsObserver
조선일보
InvestorsObserver
InvestorsObserver

Returns for HES

Cumulative Returns on HES

8.9%


10-Year Cumulative Returns

19.7%


7-Year Cumulative Returns

18.7%


5-Year Cumulative Returns

58.8%


3-Year Cumulative Returns

Risks for HES

What is the probability of a big loss on HES?

96.5%


Probability that Hess stock will be more than 20% underwater in next one year

46.5%


Probability that Hess stock will be more than 30% underwater in next one year.

35%


Probability that Hess stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HES drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Hess was unfortunately bought at previous high price.

Drawdowns

Financials for Hess

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-5.7%10,98411,65211,57010,7719,4258,0357,5836,7456,1105,3544,8045,0855,4896,3446,5106,6696,8826,7516,4666,0405,891
Costs and Expenses0.6%8,2538,2048,0247,5316,7456,3026,0935,7785,6495,3007,6548,0458,2568,6736,2896,1476,2866,2946,2468,39310,900
Operating Expenses6.4%1,6191,5211,4521,3831,3181,2771,2291,2261,2011,1801,2181,2701,2831,2741,2371,1641,1091,1121,1341,2001,287
  S&GA Expenses2.3%570557531400367356340336344349357406412412397357410450473503471
EBITDA-100.0%-5,7985,7425,3274,6453,6893,4993,0612,7172,435-308-340-2141872,7232,7992,9272,7392,50258.00-2,383
EBITDA Margin-100.0%-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*0.43*0.43*0.41*0.39*0.01*-0.40*
Interest Expenses0.2%494493493490490487481478471472468445417395380384393394399380360
Earnings Before Taxes-20.8%2,7313,4483,5463,2402,6801,7331,49096746154.00-2,850-2,959-2,831-2,393221346520381220-2,318-5,009
EBT Margin-100.0%-0.30*0.31*0.30*0.28*0.22*0.20*0.14*0.08*0.01*-0.59*-0.58*-0.52*-0.38*0.03*0.05*0.08*0.06*0.03*-0.38*-0.85*
Net Income-27.1%1,4772,0252,0961,8641,464724559197-161-408-3,093-3,218-3,187-2,873-408-190-20.00-144-282-2,955-3,537
Net Income Margin-100.0%-0.17*0.18*0.17*0.16*0.09*0.07*0.03*-0.03*-0.08*-0.64*-0.63*-0.58*-0.45*-0.06*-0.03*0.00*-0.02*-0.04*-0.49*-0.60*
Free Cashflow-100.0%-4,7383,9443,5912,8672,1432,8902,4771,998-3,471-3,617-3,817-3,510-3,101-3,308-2,713-2,733-2,983-3,011-3,549-3,884
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.3%22,23021,93821,69521,64321,18019,79820,51519,49019,16618,95118,82118,96919,54620,71721,78221,63121,69521,71621,43321,46721,464
  Current Assets-2.5%3,7043,7993,9314,1233,9693,2664,3463,8923,9693,5223,0813,1363,1154,2703,1563,3983,6843,8344,4594,5014,694
    Cash Equivalents6.0%2,2262,1002,4862,3842,1591,3702,7132,4192,4301,8661,7391,2851,6462,0801,5451,8632,2082,3002,6943,0042,908
  Inventory21.4%278229217278317243223262241219378422360230261289278274245263231
  Net PPE2.1%15,74115,41215,09815,09214,81814,48914,18213,95413,65713,86314,11514,23514,82514,81116,81416,44916,10715,89816,08316,01315,869
  Goodwill0%360360360360360360360360360360360360360360360360360360360360360
Liabilities0.8%13,32813,21713,19913,44913,42212,75013,48913,23412,63412,30812,48612,08712,18012,53912,07611,45411,16411,16310,54510,42110,128
  Current Liabilities4.1%2,4032,3082,3962,3122,3552,3033,0642,7492,5271,6901,6231,4261,5641,9472,5102,3442,3322,2712,2031,9581,945
  Long Term Debt-------------------6,605--
    LT Debt, Current60.0%8.005.003.00--22.0051751451113.0010.008.005.003.00-15.0014.0012.0067.0085.0087.00
    LT Debt, Non Current0.9%8,4598,3828,2788,3038,3327,9347,9417,9937,7128,2738,2868,2808,2058,1917,1426,5266,5116,5506,6056,6096,352
Shareholder's Equity-5.1%8,2728,7217,8557,5597,7587,0487,0266,2566,5326,6436,3356,8827,3668,1789,70610,17710,53110,55310,88811,04611,336
  Retained Earnings-0.9%1,6701,6861,4741,3541,0756803791921553051303046251,0213,5353,8364,1254,2074,2574,4104,692
  Additional Paid-In Capital3.0%6,4426,2546,2066,2276,2366,0836,0175,9035,8595,7795,6845,6685,6505,6335,5915,5435,5135,4815,3865,4455,501
Accumulated Depreciation2.6%18,33217,86417,49417,26417,58417,29316,99616,60616,28516,77916,40415,93117,38416,89319,00618,50617,99117,54817,13916,60616,171
Shares Outstanding0.2%306305-308310309-308308306-305305304-303302297-294298
Minority Interest7.1%6305886416356227407266471,0441,0279699669719789741,2691,2371,2111,2591,3961,364
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-11.3%4,2034,7383,9443,5912,8672,1432,8902,4771,9981,4791,3331,1331,4401,8491,6422,2372,2171,9671,9391,4011,066
  Share Based Compensation2.4%87.0085.0083.0082.0082.0085.0077.0077.0076.0075.0079.0082.0084.0087.0085.0085.0088.0086.0072.0074.0074.00
Cashflow From Investing-5.6%-3,036-2,874-2,555-2,418-2,061-1,462-1,325-708-764-1,274-1,707-2,639-2,934-2,981-2,843-2,683-1,957-1,824-1,5661,0581,143
Cashflow From Financing3.0%-1,100-1,134-1,616-1,208-1,077-1,177-591-635-450-41956892893291252.00-695-960-1,569-2,526-1,981-1,793
  Buy Backs-29.2%460650630340190---------25.002705201,0201,3651,231981

HES Income Statement

2023-06-30
STATEMENT OF CONSOLIDATED INCOME - USD ($)
shares in Thousands, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and Non-Operating Income    
Sales and other operating revenues$ 2,289$ 2,955$ 4,700$ 5,268
Gains on asset sales, net03025
Other, net31307366
Total revenues and non-operating income2,3202,9884,7735,359
Costs and Expenses    
Marketing, including purchased oil and gas5478431,1501,525
Operating costs and expenses454356836669
Production and severance taxes466794128
Exploration expenses, including dry holes and lease impairment993316576
General and administrative expenses10895244205
Interest expense122121245244
Depreciation, depletion and amortization497391988728
Impairment and other820820
Total costs and expenses1,9551,9063,8043,575
Income Before Income Taxes3651,0829691,784
Provision for income taxes160328336525
Net Income2057546331,259
Less: Net income attributable to noncontrolling interests8687168175
Net Income Attributable to Hess Corporation$ 119$ 667$ 465$ 1,084
Net Income Attributable to Hess Corporation Per Common Share:    
Basic (in dollars per share)$ 0.39$ 2.15$ 1.52$ 3.50
Diluted (in dollars per share)$ 0.39$ 2.15$ 1.51$ 3.49
Weighted Average Number of Common Shares Outstanding:    
Basic (in shares)306,000309,700305,700309,300
Diluted (in shares)307,500310,900307,400310,600
Common Stock Dividends Per Share (in dollars per share)$ 0.4375$ 0.3750$ 0.8750$ 0.7500

HES Balance Sheet

2023-06-30
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 2,226$ 2,486
Accounts receivable:  
From contracts with customers8681,041
Joint venture and other151121
Inventories278217
Other current assets18166
Total current assets3,7043,931
Property, plant and equipment:  
Total — at cost34,07332,592
Less: Reserves for depreciation, depletion, amortization and lease impairment18,33217,494
Property, plant and equipment — net15,74115,098
Operating lease right-of-use assets — net515570
Finance lease right-of-use assets — net117126
Goodwill360360
Deferred income taxes214133
Post-retirement benefit assets664648
Other assets915829
Total Assets22,23021,695
Current Liabilities:  
Accounts payable350285
Accrued liabilities1,7541,840
Taxes payable6947
Current portion of long-term debt83
Current portion of operating and finance lease obligations222221
Total current liabilities2,4032,396
Long-term debt8,4598,278
Long-term operating lease obligations407469
Long-term finance lease obligations168179
Deferred income taxes497418
Asset retirement obligations9601,034
Other liabilities and deferred credits434425
Total Liabilities13,32813,199
Hess Corporation stockholders’ equity:  
Common stock, par value $1.00; Authorized - 600,000,000 shares, Issued - 307,051,889 shares (2022: 306,176,864)307306
Capital in excess of par value6,4426,206
Retained earnings1,6701,474
Accumulated other comprehensive income (loss)(147)(131)
Total Hess Corporation stockholders’ equity8,2727,855
Noncontrolling interests630641
Total Equity8,9028,496
Total Liabilities and Equity$ 22,230$ 21,695
John B. Hess
1540
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. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.