Hess Stock Today

Stocks . USA . 
Stock . Hess Corporation
HES Stock  USD 120.56  3.10  2.51%   

Market Performance

0 of 100

Odds Of Distress

Less than 37

Hess is selling for under 120.56 as of the 24th of March 2023; that is -2.51 percent decrease since the beginning of the trading day. The stock's lowest day price was 119.47. Hess has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over 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 22nd of February 2023 and ending today, the 24th of March 2023. Please note, there could be an existing legal relationship between Hess (HES) and HESS CORP (AHC). Click here to learn more.
CUSIP
023551104
Fiscal Year End
December
Business Domain
Energy
IPO Date
6th of April 1983
Category
Energy
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 306.18 M outstanding shares of which 4.2 M shares are currently shorted by investors with about 2.26 days to cover. More on Hess Corporation

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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.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Hess' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hess' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
Related EntityAHC (HESS CORP)
CEOJohn Hess
Thematic IdeaImpulse (view all)
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Fama & French Classification
Impulse
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Average Analyst Recommendation
Analysts covering Hess report their recommendations after researching Hess' financial statements, talking to executives and customers, or listening in on Hess' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hess. The Hess consensus assessment is calculated by taking the average forecast from all of the analysts covering Hess.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Hess based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Hess financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted293.8 M309.6 M
Notably Down
Down
Slightly volatile
Weighted Average Shares292.9 M308.1 M
Notably Down
Down
Slightly volatile
Return on Average Assets0.10.099
Fairly Up
Down
Very volatile
Net Cash Flow from Operations3.3 B3.9 B
Significantly Down
Down
Slightly volatile
Current Liabilities2.8 B2.4 B
Fairly Up
Down
Slightly volatile
Total Liabilities12.9 B13.2 B
Fairly Down
Down
Slightly volatile
Gross Margin0.530.565
Notably Down
Down
Slightly volatile
Total Debt9.1 B9.2 B
Slightly Down
Up
Slightly volatile
Asset Turnover0.460.549
Fairly Down
Up
Slightly volatile
Current Assets4.3 B3.9 B
Significantly Up
Down
Slightly volatile
Total Assets23.5 B21.7 B
Significantly Up
Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Hess' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
HoldFairly Valued
Financial Strength
Hess' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hess' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hess' financial leverage. It provides some insight into what part of Hess' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Hess' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Hess deploys its capital and how much of that capital is borrowed.
Liquidity
Hess cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 8.46 B in debt with debt to equity (D/E) ratio of 1.11, which is OK given its current industry classification. Hess has a current ratio of 1.74, which is typical for the industry and considered as normal. Debt can assist Hess until it has trouble settling it off, either with new capital or with free cash flow. So, Hess' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Hess sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Hess to invest in growth at high rates of return. When we think about Hess' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.25 Billion
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 1,623 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 36.91 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 306.18 M outstanding shares of which 4.2 M shares are currently shorted by investors with about 2.26 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
Hess Corporation has a total of three hundred six million one hundred eighty thousand 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 about to change at the company. Please note that no matter how much 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.

Ownership Allocation

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 97.0%. 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 the stock has a beta coefficient of 1.487. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hess will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Hess is significantly underperforming NYSE Composite.
  Odds Below 120.56HorizonTargetOdds Above 120.56
2.58%90 days
 120.56 
97.39%
Based on a normal probability distribution, the odds of Hess to move above the current price in 90 days from now is about 97.0 (This Hess Corporation probability density function shows the probability of Hess Stock to fall within a particular range of prices over 90 days) .

Hess Historical Income Statement

Hess Corporation Income Statement is one of the three primary financial statements used for reporting Hess's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hess revenue and expense. Hess Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Hess Preferred Dividends Income Statement Impact is comparatively stable at the moment as compared to the past year. Hess reported Preferred Dividends Income Statement Impact of 3.6 Million in 2022. Research and Development Expense is likely to gain to about 213.5 M in 2023, whereas Gross Profit is likely to drop slightly above 5.5 B in 2023. View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

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.
 Competition   Compare Correlations

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.

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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 MeyersIndependent DirectorProfile
Rodney ChaseIndependent DirectorProfile
Terrence CheckiIndependent DirectorProfile
John MullinIndependent DirectorProfile

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, 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. 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 Shape 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.
Check out Risk vs Return Analysis. For more information on how to buy Hess Stock please use our How to Invest in Hess guide. 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 Commodity Channel Index module to use Commodity Channel Index to analyze current equity 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 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
0.883
Dividend Share
1.5
Earnings Share
6.88
Revenue Per Share
36.404
Quarterly Revenue Growth
0.289
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.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Earnings
Projections
Details
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 Hess value 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.
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