Hess Corporation Stock Analysis
HES Stock | USD 159.13 2.19 1.40% |
Hess Corporation is undervalued with Real Value of 167.34 and Target Price of 172.48. The main objective of Hess stock analysis is to determine its intrinsic value, which is an estimate of what Hess Corporation is worth, separate from its market price. There are two main types of Hess' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hess' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hess' stock to identify patterns and trends that may indicate its future price movements.
The Hess stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hess is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Hess Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hess' ongoing operational relationships across important fundamental and technical indicators.
Hess |
Hess Stock Analysis Notes
About 80.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.13. Hess last dividend was issued on the 15th of March 2024. The entity had 3:1 split on the 1st of June 2006. Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids , and natural gas. The company was incorporated in 1920 and is headquartered in New York, New York. Hess Corp operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1545 people. To learn more about Hess Corporation call John Hess at 212 997 8500 or check out https://www.hess.com.Hess Quarterly Total Revenue |
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Hess Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Hess' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hess Corporation or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hess is unlikely to experience financial distress in the next 2 years | |
Over 80.0% of the company shares are owned by institutional investors | |
On 28th of March 2024 Hess paid $ 0.4375 per share dividend to its current shareholders | |
Latest headline from zacks.com: Phillips 66 Gears Up for Q1 Earnings Whats in Store |
Hess Upcoming and Recent Events
Earnings reports are used by Hess to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hess previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
31st of January 2024 Upcoming Quarterly Report | View | |
24th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
31st of January 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Hess Largest EPS Surprises
Earnings surprises can significantly impact Hess' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
1997-04-21 | 1997-03-31 | 0.03 | 0.02 | -0.01 | 33 | ||
2019-07-31 | 2019-06-30 | -0.11 | -0.09 | 0.02 | 18 | ||
2015-01-28 | 2014-12-31 | 0.2 | 0.18 | -0.02 | 10 |
Hess Thematic Classifications
In addition to having Hess stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
ImpulseMacroaxis evolving impulse stocks | ||
Petroleum and Natural GasUSA Equities from Petroleum and Natural Gas industry as classified by Fama & French |
Hess Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hess is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hess Corporation backward and forwards among themselves. Hess' institutional investor refers to the entity that pools money to purchase Hess' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Pentwater Capital Management Lp | 2023-12-31 | 3.9 M | Massachusetts Financial Services Company | 2023-12-31 | 3.9 M | Balyasny Asset Management Llc | 2023-12-31 | 3.9 M | Barclays Plc | 2023-12-31 | 3.7 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.5 M | Goldman Sachs Group Inc | 2023-12-31 | 3.5 M | Bank Of America Corp | 2023-12-31 | 3.4 M | Millennium Management Llc | 2023-12-31 | 3 M | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 2.8 M | Vanguard Group Inc | 2023-12-31 | 31.8 M | Fmr Inc | 2023-12-31 | 25.5 M |
Hess Market Capitalization
The company currently falls under 'Large-Cap' category with a total capitalization of 48.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hess's market, we take the total number of its shares issued and multiply it by Hess's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Hess Profitablity
Hess' profitability indicators refer to fundamental financial ratios that showcase Hess' ability to generate income relative to its revenue or operating costs. If, let's say, Hess is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hess' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hess' profitability requires more research than a typical breakdown of Hess' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.26 %, which entails that for every 100 dollars of revenue, it generated $0.26 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.06 | 0.06 | |
Return On Capital Employed | 0.15 | 0.09 | |
Return On Assets | 0.06 | 0.06 | |
Return On Equity | 0.15 | 0.16 |
Management Efficiency
Hess has Return on Asset of 0.0804 % which means that on every $100 spent on assets, it made $0.0804 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1921 %, implying that it generated $0.1921 on every 100 dollars invested. Hess' management efficiency ratios could be used to measure how well Hess manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hess' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.06 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, Hess' Non Currrent Assets Other are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 4.5 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 15.8 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 29.38 | 21.26 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 30.21 | 20.15 | |
Enterprise Value Over EBITDA | 9.80 | 10.29 | |
Price Book Value Ratio | 4.91 | 5.15 | |
Enterprise Value Multiple | 9.80 | 10.29 | |
Price Fair Value | 4.91 | 5.15 | |
Enterprise Value | 15.3 B | 8.7 B |
The analysis of Hess' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hess' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hess Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0112 | Forward Dividend Yield 0.0112 | Forward Dividend Rate 1.75 | Beta 1.275 |
Technical Drivers
As of the 25th of April, Hess retains the Downside Deviation of 1.49, market risk adjusted performance of 0.4087, and Risk Adjusted Performance of 0.108. Hess technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Hess, which can be compared to its competitors. Please check out Hess variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hess is priced fairly, providing market reflects its last-minute price of 159.13 per share. Given that Hess Corporation has jensen alpha of 0.1614, we strongly advise you to confirm Hess's regular market performance to make sure the company can sustain itself at a future point.Hess Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Hess middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Hess. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Hess Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hess insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hess' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hess insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
John Hess over a month ago Disposition of 135900 shares by John Hess of Hess at 146.02 subject to Rule 16b-3 | ||
Karyn Ovelmen over a month ago Acquisition by Karyn Ovelmen of 1398 shares of Hess subject to Rule 16b-3 | ||
Mykel Ziolo over a year ago Exercise or conversion by Mykel Ziolo of 12000 shares of Hess subject to Rule 16b-3 |
Hess Outstanding Bonds
Hess issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hess uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hess bonds can be classified according to their maturity, which is the date when Hess Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
US42809HAF47 Corp BondUS42809HAF47 | View | |
US42809HAG20 Corp BondUS42809HAG20 | View | |
US42809HAH03 Corp BondUS42809HAH03 | View | |
US42809HAC16 Corp BondUS42809HAC16 | View | |
US42809HAD98 Corp BondUS42809HAD98 | View |
Hess Predictive Daily Indicators
Hess intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hess stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hess Corporate Filings
13A | 10th of April 2024 An amended filing to the original Schedule 13G | ViewVerify |
5th of April 2024 Other Reports | ViewVerify | |
3rd of April 2024 Other Reports | ViewVerify | |
22nd of March 2024 Other Reports | ViewVerify | |
F4 | 21st of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 18th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 8th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
7th of March 2024 Other Reports | ViewVerify |
Hess Forecast Models
Hess' time-series forecasting models are one of many Hess' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hess' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Hess Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Hess prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hess shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hess. By using and applying Hess Stock analysis, traders can create a robust methodology for identifying Hess entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.23 | 0.24 | |
Operating Profit Margin | 0.29 | 0.31 | |
Net Profit Margin | 0.13 | 0.14 | |
Gross Profit Margin | 0.34 | 0.20 |
Current Hess Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hess analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hess analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
172.48 | Buy | 18 | Odds |
Most Hess analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hess stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hess, talking to its executives and customers, or listening to Hess conference calls.
Hess Stock Analysis Indicators
Hess Corporation stock analysis indicators help investors evaluate how Hess stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hess shares will generate the highest return on investment. By understating and applying Hess stock analysis, traders can identify Hess position entry and exit signals to maximize returns.
Begin Period Cash Flow | 2.5 B | |
Long Term Debt | 8.3 B | |
Common Stock Shares Outstanding | 307.6 M | |
Total Stockholder Equity | 9 B | |
Tax Provision | 843 M | |
Quarterly Earnings Growth Y O Y | -0.168 | |
Property Plant And Equipment Net | 18.3 B | |
Cash And Short Term Investments | 1.7 B | |
Cash | 1.7 B | |
Accounts Payable | 402 M | |
Net Debt | 7.9 B | |
50 Day M A | 150.2022 | |
Total Current Liabilities | 3.3 B | |
Other Operating Expenses | 7.6 B | |
Non Current Assets Total | 20.6 B | |
Forward Price Earnings | 17.0068 | |
Non Currrent Assets Other | 2.3 B | |
Stock Based Compensation | 87 M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Hess information on this page should be used as a complementary analysis to other Hess' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Hess Stock analysis
When running Hess' price analysis, check to measure Hess' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.
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Is Hess' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 1.75 | Earnings Share 4.49 | Revenue Per Share 33.655 | Quarterly Revenue Growth 0.025 |
The market value of Hess is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess' value that differs from its market value or its book value, called intrinsic value, which is Hess' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess' market value can be influenced by many factors that don't directly affect Hess' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.