Hess Corporation Stock Today
| HES Stock | USD 156.23 1.88 1.22% |
Performance11 of 100
| Odds Of DistressLess than 1
|
Hess is selling for under 156.23 as of the 23rd of April 2024; that is 1.22 percent increase since the beginning of the trading day. The stock's lowest day price was 151.91. Hess has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Hess Corporation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
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. The company has 308.1 M outstanding shares of which 5.8 M shares are currently shorted by investors with about 1.99 days to cover. More on Hess Corporation
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Moving against Hess Stock
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Hess Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hess' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hess or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | John Hess |
| Thematic Ideas | (View all Themes) |
| Old Name | Hanoi Entertainment Services Corp |
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP 500 Index, Dow Jones Oil, ARCA Oil, Petroleum and Natural Gas, Impulse, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) |
| Financial Strength Based on the key indicators related to Hess' liquidity, profitability, solvency, and operating efficiency, Hess Corporation is not in a good financial situation at this time. It has a very high risk of going through financial distress in May. Financial strength of Hess is based on its profitability, leverage, liquidity, source of funds, and operating efficiency. | |
Hess Corporation (HES) is traded on New York Stock Exchange in USA. It is located in 1185 Avenue of the Americas, New York, NY, United States, 10036 and employs 1,756 people. Hess is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 47.56 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 runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 308.1 M outstanding shares of which 5.8 M shares are currently shorted by investors with about 1.99 days to cover.
Hess Corporation has about 2.49 B in cash with 3.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.77.
Check Hess Probability Of Bankruptcy
Ownership AllocationHess Corporation has a total of 308.1 Million outstanding shares. The majority of Hess outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hess to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hess Corporation. Please pay attention to any change in the institutional holdings of Hess as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Hess Ownership Details
Hess Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Hess jumping above the current price in 90 days from now is about 5.47%. The Hess Corporation probability density function shows the probability of Hess stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Hess has a beta of 0.5722. This usually indicates as returns on the market go up, Hess average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Hess Corporation will be expected to be much smaller as well. Additionally, hess Corporation has an alpha of 0.132, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Hess to move above the current price in 90 days from now is about 5.47 (This Hess Corporation probability density function shows the probability of Hess Stock to fall within a particular range of prices over 90 days) .
Hess Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Hess market risk premium is the additional return an investor will receive from holding Hess long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hess. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Hess' alpha and beta are two of the key measurements used to evaluate Hess' performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 0.132 | |||
| Total Risk Alpha | 0.0068 | |||
| Sortino Ratio | 0.0642 |
Hess Stock Against Markets
Picking the right benchmark for Hess stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hess stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hess is critical whether you are bullish or bearish towards Hess Corporation at a given time. Please also check how Hess' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hess without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Hess Corporate Directors
Hess corporate directors refer to members of a Hess board of directors. The board of directors generally takes responsibility for the Hess' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hess' board members must vote for the resolution. The Hess board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Kevin Meyers | Independent Director | Profile | |
| Rodney Chase | Independent Director | Profile | |
| Terrence Checki | Independent Director | Profile | |
| John Mullin | Independent Director | Profile |
How to buy Hess Stock?
Before investing in Hess, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hess. To buy Hess stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hess. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hess stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hess Corporation stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hess Corporation stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hess Corporation, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hess Stock please use our How to Invest in Hess guide.
Already Invested in Hess Corporation?
The danger of trading Hess Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hess is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hess. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hess is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hess is a strong investment it is important to analyze Hess' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports: 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.
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.