HES

Hess Corporation [HES] Stock Forecast

Q: What is Hess Corporation stock symbol ?

Hess Corporation is a US stock, located in New york of Ny and trading under the symbol HES

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HES Stock Summary

Earnings have grown 51.53% per last year.

EPS has been increasing for the past 3 years (Yearly statements)

HES's dividend payments are well covered by cash flows with cash payout ratio of 32.35%.

Earnings are expected to fall -13% next year

EPS has been decreasing for the past 3 quarters (Quarter statements)

Profit margins (0.15%) are lower than the previous year (0.2%)

HES has less than 1 year of cash runway

Debt-to-Equity ratio of 1.12 is considered moderate, deeper research suggested.

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In the News

07:32 29 Sep 2023 HES

Exxon, Hess exit Kaieteur offshore oil exploration block in Guyana

U.S. oil producers Exxon Mobil and Hess Corp have withdrawn from exploring the offshore Kaieteur block in Guyana's ultra-deep waters, Exxon said on Thursday, after disappointing exploration results.

05:35 29 Sep 2023 HES

Hess Midstream: Best In Class With A Reliable Dividend

Hess Midstream operates in the midstream industry, providing services to Hess Corporation and generating reliable and sustainable free cash flow. HESM has a high dividend yield of over 8% and expects 10% FCF growth each year until 2025, supporting further dividend raises. HESM has outperformed the XLE and has a declining price-to-earnings ratio, making it an appealing investment with reliable earnings potential.

06:55 29 Sep 2023 HES

Oil spikes above $91 on supply concerns

The price of WTI and Brent crude continues to rise as Wall Street traders eye a deeper supply deficits in the fourth quarter after Saudi Arabia and Russia extended supply cuts.

02:12 29 Sep 2023 HES

Final Trades: Uber, Hess & more

The "Halftime Report" traders give their top picks to watch for the second half.

10:31 29 Sep 2023 HES

3 Integrated US Energy Stocks Set to Escape Industry Weakness

Extreme volatility in oil and gas prices, and high input price in refining activities are making the outlook for the Zacks Oil & Gas US Integrated industry gloomy. ConocoPhillips (COP), Occidental (OXY) and Hess (HES) are likely to survive the business challenges.

05:21 29 Sep 2023 HES

Top 7 Oil Stocks to Grab as Brent Crude Skyrockets Into 2024

Now might be a great time to look for the best oil stocks to buy. Expectations of rising Brent crude oil prices for the remainder of 2023 continuing into 2024 are making the search for oil stocks to buy worthwhile again.

08:00 29 Sep 2023 HES

Better High Yield Buy: Enbridge Stock Or Hess Midstream Stock

ENB and HESM offer attractive dividend yields. Both have very stable cash flow profiles with low commodity risk. We compare them side by side and share our view on which is the better buy.

02:51 29 Sep 2023 HES

Hess Midstream: An 8.3% Dividend Yield Is A Gift For Value Investors

Hess Midstream has demonstrated stellar financial performance over the past decade with wide profitability metrics. The stock currently offers investors an 8.3% forward dividend yield, which I consider safe. My valuation analysis suggests the stock is massively undervalued.

12:34 29 Sep 2023 HES

Keep a Close Watch on These 3 Bakken Stocks: Here's Why

Favorable oil price is backing modestly higher production volumes in Bakken. Companies that are well-poised to gain are Hess (HES), Marathon Oil (MRO) and ConocoPhillips (COP).

02:35 29 Sep 2023 HES

There is still runway for the energy sector breakout, says Oppenheimer's Ari Wald

Ari Wald, managing director and head of technical analysis at Oppenheimer, joins 'The Exchange' to discuss the breakout in the energy sector, tips for locating what stocks are driving the structural shift in the market, and the case for Marathon Petroleum.

HES Financial details

Company Rating

Strong Buy

Market Cap

46.1B

Income

1.6B

Revenue

10.76B

Book val./share

26.94

Cash/share

7.25

Dividend

1.69

Dividend %

1.08%

Employees

1.62K

Optionable

Yes

Shortable

Yes

Earnings

24 Oct 2023

P/E

29.99

Forward P/E

PEG

3.73

P/S

4.47

P/B

5.81

P/C

21.11

P/FCF

46.74

Quick Ratio

0.81

Current Ratio

1.54

Debt / Equity

1.12

LT Debt / Equity

1.09

EPS (TTM)

5.23

EPS next Y

EPS next Q

0.29

EPS this Y

150.34%

EPS next Y

EPS next 5Y

-15.68%

EPS last 5Y

NAN%

Revenue last 5Y

12.35%

Revenue Q/Q

-5.06%

EPS Q/Q

-65.49%

SMA20

SMA50

10.79%

SMA100

12.41%

Inst Own

83.26%

Inst Trans

0.99%

ROA

ROE

20%

ROC

0.17%

Gross Margin

65%

Oper. Margin

32%

Profit Margin

15%

Payout

31%

Shs Outstand

307.06M

Shs Float

282.41M

Target Price

122.46

52W Range

100.34-165.43

52W High

-7.22%

52W Low

+53.08%

RSI

Rel Volume

0.64

Avg Volume

1.71M

Volume

1.1M

Perf Week

1.42%

Perf Month

-1.59%

Perf Quarter

5.72%

Perf Half Y

18.12%

Beta

1.59509

Volatility

2.78%, 3.95%

Prev Close

-2.27%

Price

153.08

Change

-2.78%

HES Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	21.21	21.56	15.31	24.31	36.99
Net income per share	-0.95	-0.8	-9.31	2.9	7.26
Operating cash flow per share	6.5	5.45	4.37	9.4	12.88
Free cash flow per share	-0.53	-3.94	-2.83	3.72	3.98
Cash per share	9.03	5.13	5.71	8.83	8.12
Book value per share	32.29	28.99	17.6	20.49	26.07
Tangible book value per share	35.31	31.03	19.6	21.69	26.99
Share holders equity per share	32.29	28.99	17.6	20.49	26.07
Interest debt per share	23.71	27.6	31.31	31.3	31.49
Market cap	12.08B	20.12B	16.09B	22.76B	43.42B
Enterprise value	16.06B	26.51B	23.43B	29.18B	50.09B
P/E ratio	-42.83	-83.85	-5.67	25.57	19.53
Price to sales ratio	1.91	3.1	3.45	3.05	3.83
POCF ratio	6.23	12.26	12.07	7.87	11.01
PFCF ratio	-76.44	-16.95	-18.62	19.91	35.62
P/B Ratio	1.25	2.3	3	3.61	5.44
PTB ratio	1.25	2.3	3	3.61	5.44
EV to sales	2.54	4.08	5.02	3.91	4.42
Enterprise value over EBITDA	6.36	9.81	13.53	8.07	8.59
EV to operating cash flow	8.28	16.15	17.57	10.1	12.7
EV to free cash flow	-101.61	-22.33	-27.11	25.53	41.09
Earnings yield	-0.02	-0.01	-0.18	0.04	0.05
Free cash flow yield	-0.01	-0.06	-0.05	0.05	0.03
Debt to equity	0.69	0.91	1.69	1.45	1.15
Debt to assets	0.31	0.36	0.48	0.45	0.42
Net debt to EBITDA	1.58	2.36	4.24	1.78	1.14
Current ratio	2.02	1.26	1.9	1.42	1.72
Interest coverage	1.33	1.52	-0.73	4.34	8.37
Income quality	-16.86	-6.84	-0.47	3.25	1.53
Dividend Yield	0.03	0.02	0.02	0.01	0.01
Payout ratio	-1.22	-1.32	-0.11	0.35	0.21
Sales general and administrative to revenue	0.07	0.06	0.08	0.05	0.04
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.02	0.02	0.02	0.02	0.02
Capex to operating cash flow	-1.08	-1.72	-1.65	-0.6	-0.69
Capex to revenue	-0.33	-0.44	-0.47	-0.23	-0.24
Capex to depreciation	-1.11	-1.33	-1.06	-1.14	-1.6
Stock based compensation to revenue	0.01	0.01	0.02	0.01	0.01
Graham number	26.21	22.8	60.74	36.54	65.26
ROIC	-0.02	-0.04	-0.02	0.08	0.16
Return on tangible assets	-0.01	-0.01	-0.15	0.04	0.1
Graham Net	-23.4	-31.62	-32.52	-31.74	-31.49
Working capital	2.26B	646M	1.46B	1.28B	1.65B
Tangible asset value	10.53B	9.35B	5.98B	6.67B	8.26B
Net current asset value	-6.09B	-8.92B	-9.41B	-9.14B	-9.18B
Invested capital	0.69	0.91	1.69	1.45	1.15
Average receivables	1.01B	1.09B	1.02B	1.04B	1.19B
Average payables	465M	453M	305.5M	210M	252.5M
Average inventory	238.5M	253M	319.5M	300.5M	220M
Days sales outstanding	57.76	65.75	67.26	59.15	37.45
Days payables outstanding	56.67	42.34	21.37	27.42	30.51
Days of inventory on hand	28.05	26.89	40.39	27.79	23.23
Receivables turnover	6.32	5.55	5.43	6.17	9.75
Payables turnover	6.44	8.62	17.08	13.31	11.96
Inventory turnover	13.01	13.57	9.04	13.13	15.71
ROE	-0.03	-0.03	-0.53	0.14	0.28
Capex per share	-7.03	-9.39	-7.21	-5.68	-8.9

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric	2022-06-30	2022-09-30	2022-12-31	2023-03-31	2023-06-30
Revenue per share	9.54	10.13	9.58	7.85	7.45
Net income per share	2.15	1.67	2.04	1.13	0.39
Operating cash flow per share	4.87	4.34	4.09	2.08	3.17
Free cash flow per share	2.73	2	1.5	-0.65	0.5
Cash per share	6.97	7.73	8.12	6.84	7.25
Book value per share	23.05	24.52	26.07	26.49	26.94
Tangible book value per share	23.89	25.41	26.99	27.23	27.82
Share holders equity per share	23.05	24.52	26.07	26.49	26.94
Interest debt per share	29.76	29.82	30.29	30.43	30.57
Market cap	32.8B	33.6B	43.42B	40.64B	41.74B
Enterprise value	39.73B	40.29B	50.09B	47.76B	48.78B
P/E ratio	12.29	16.31	17.4	29.36	87.7
Price to sales ratio	11.1	10.76	14.8	16.85	18.24
POCF ratio	21.74	25.1	34.68	63.69	42.86
PFCF ratio	38.77	54.55	94.6	-204.2	272.83
P/B Ratio	4.6	4.45	5.44	5	5.05
PTB ratio	4.6	4.45	5.44	5	5.05
EV to sales	13.45	12.9	17.07	19.81	21.31
Enterprise value over EBITDA	24.97	26.2	32.09	39.21	45.76
EV to operating cash flow	26.33	30.09	40	74.85	50.08
EV to free cash flow	46.97	65.4	109.12	-239.98	318.83
Earnings yield	0.02	0.02	0.01	0.01	0
Free cash flow yield	0.03	0.02	0.01	0	0
Debt to equity	1.27	1.2	1.15	1.13	1.12
Debt to assets	0.43	0.42	0.42	0.42	0.42
Net debt to EBITDA	4.36	4.35	4.27	5.85	6.6
Current ratio	1.69	1.78	1.72	1.65	1.54
Interest coverage	9.92	8.54	8.52	5.91	4.66
Income quality	2	2.21	1.77	1.49	4.75
Dividend Yield	0	0	0	0	0
Payout ratio	0.17	0.22	0.18	0.4	1.13
Sales general and administrative to revenue	0.03	0.03	0.04	0.06	0.05
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.02	0.02	0.02	0.02	0.02
Capex to operating cash flow	-0.44	-0.54	-0.63	-1.31	-0.84
Capex to revenue	-0.22	-0.23	-0.27	-0.35	-0.36
Capex to depreciation	-1.7	-1.54	-0.6	-1.7	-82.1
Stock based compensation to revenue	0.01	0.01	0.01	0.01	0.01
Graham number	33.42	30.36	34.58	25.91	15.33
ROIC	0.05	0.04	0.04	0.03	0.02
Return on tangible assets	0.03	0.02	0.03	0.02	0.01
Graham Net	-32.46	-32.09	-31.49	-32.88	-36.38
Working capital	1.61B	1.81B	1.65B	1.49B	1.3B
Tangible asset value	7.4B	7.83B	8.26B	8.36B	8.54B
Net current asset value	-9.45B	-9.33B	-9.18B	-9.42B	-9.62B
Invested capital	1.27	1.2	1.15	1.13	1.12
Average receivables	1.47B	1.39B	1.27B	1.18B	464.5M
Average payables	335.5M	340M	303M	314.5M	347M
Average inventory	280M	297.5M	247.5M	223M	253.5M
Days sales outstanding	42.82	39.64	35.64	45.06	-10.93
Days payables outstanding	39.69	30.7	27.17	33.62	31.59
Days of inventory on hand	35.05	26.59	20.69	22.38	25.1
Receivables turnover	2.1	2.27	2.52	2	-8.23
Payables turnover	2.27	2.93	3.31	2.68	2.85
Inventory turnover	2.57	3.38	4.35	4.02	3.59
ROE	0.09	0.07	0.08	0.04	0.01
Capex per share	-2.14	-2.35	-2.59	-2.73	-2.67

HES Dividend History

HES Frequently Asked Questions

What is Hess Corporation stock symbol ?

Hess Corporation is a US stock , located in New york of Ny and trading under the symbol HES

Is Hess Corporation buy or a sell ?

18 stock analysts have 18 predictions with a medium analyst target price of $122.89. The lowest prediction is $86 and the highest is $164

What is HES stock prediction ?

What is Hess Corporation stock quote today ?

Hess Corporation stock price is $153.08 today.

Is Hess Corporation stock public?

Yes, Hess Corporation is a publicly traded company.

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Company Profile

Volume Average 1.71M
Market Capitalization 46.1B
Employee 1.62K
CEO Mr. John B. Hess
Headquarters New York,NY,US
IPO Date 1980-03-17
Website https://www.hess.com

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.