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hess corp. - HES

HES

Close Chg Chg %
148.00 0.69 0.46%

Closed Market

148.68

+0.69 (0.46%)

Volume: 1.36M

Last Updated:

Nov 22, 2024, 3:59 PM EDT

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Company Overview: hess corp. - HES

HES Key Data

Open

$147.54

 Day Range

147.21 - 148.74

52 Week Range

123.79 - 163.98

 Market Cap

$45.60B

Shares Outstanding

308.12M

 Public Float

279.30M

Beta

1.16

 Rev. Per Employee

N/A

P/E Ratio

17.27

 EPS

$8.61

Yield

122.48%

 Dividend

$0.50

EX-DIVIDEND DATE

Sep 16, 2024

 SHORT INTEREST

N/A

AVERAGE VOLUME

1.61M

  

HES Performance

1 Week
 
 2.07%
 
1 Month
 
 7.70%
 
3 Months
 
 7.58%
 
1 Year
 
 2.23%
 
5 Years
 
 130.93%
 

HES Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 18
Full Ratings ➔

About hess corp. - HES

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

HES At a Glance

Hess Corp.
1185 Avenue of the Americas
New York, New York 10036-2601
Phone 1-212-997-8500 Revenue 10.70B
Industry Integrated Oil Net Income 1.38B
Sector Energy Minerals Employees 1,756
Fiscal Year-end 12 / 2024
View SEC Filings

HES Valuation

P/E Current 17.269
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 32.087
Price to Sales Ratio 4.144
Price to Book Ratio 4.928
Price to Cash Flow Ratio 11.249
Enterprise Value to EBITDA 9.866
Enterprise Value to Sales 4.941
Total Debt to Enterprise Value 0.182

HES Efficiency

Revenue/Employee 6,093,963.554
Income Per Employee 787,015.945
Receivables Turnover 8.046
Total Asset Turnover 0.468

HES Liquidity

Current Ratio 1.049
Quick Ratio 0.956
Cash Ratio 0.516

HES Profitability

Gross Margin 34.511
Operating Margin 30.072
Pretax Margin 23.091
Net Margin 12.915
Return on Assets 6.048
Return on Equity 16.412
Return on Total Capital 7.437
Return on Invested Capital 7.969

HES Capital Structure

Total Debt to Total Equity 106.811
Total Debt to Total Capital 51.647
Total Debt to Total Assets 39.98
Long-Term Debt to Equity 99.232
Long-Term Debt to Total Capital 47.982
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Hess Corp. - HES

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
4.12B 7.72B 11.91B 10.70B
Sales Growth
-36.56% +87.28% +54.34% -10.14%
Cost of Goods Sold (COGS) incl D&A
4.65B 5.11B 6.93B 7.01B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.27B 1.54B 1.76B 2.14B
Depreciation
2.27B 1.54B 1.76B 2.14B
Amortization of Intangibles
- - - -
-
COGS Growth
-15.34% +9.74% +35.67% +1.18%
Gross Income
(532.00M) 2.61B 4.98B 3.69B
Gross Income Growth
-153.25% +590.79% +90.85% -25.89%
Gross Profit Margin
-12.91% +33.84% +41.84% +34.51%
2020 2021 2022 2023 5-year trend
SG&A Expense
330.00M 340.00M 531.00M 475.00M
Research & Development
- - - -
-
Other SG&A
330.00M 340.00M 531.00M 475.00M
SGA Growth
-16.88% +3.03% +56.18% -10.55%
Other Operating Expense
- - - -
-
Unusual Expense
2.20B 169.00M 66.00M 211.00M
EBIT after Unusual Expense
(3.06B) 2.10B 4.39B 3.01B
Non Operating Income/Expense
682.00M (134.00M) (353.00M) (58.00M)
Non-Operating Interest Income
- - - 82.00M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
472.00M 478.00M 487.00M 478.00M
Interest Expense Growth
+23.24% +1.27% +1.88% -1.85%
Gross Interest Expense
472.00M 478.00M 497.00M 526.00M
Interest Capitalized
- - 10.00M 48.00M
-
Pretax Income
(2.85B) 1.49B 3.55B 2.47B
Pretax Income Growth
-1,389.59% +152.28% +137.99% -30.32%
Pretax Margin
-69.17% +19.31% +29.78% +23.09%
Income Tax
(11.00M) 600.00M 1.10B 733.00M
Income Tax - Current - Domestic
(5.00M) 12.00M 5.00M 7.00M
Income Tax - Current - Foreign
48.00M 478.00M 789.00M 537.00M
Income Tax - Deferred - Domestic
6.00M 3.00M 22.00M 31.00M
Income Tax - Deferred - Foreign
(60.00M) 107.00M 283.00M 158.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(2.84B) 890.00M 2.45B 1.74B
Minority Interest Expense
254.00M 331.00M 351.00M 356.00M
Net Income
(3.09B) 559.00M 2.10B 1.38B
Net Income Growth
-658.09% +118.07% +274.96% -34.06%
Net Margin Growth
-75.07% +7.24% +17.60% +12.91%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(3.09B) 559.00M 2.10B 1.38B
Preferred Dividends
- - - -
-
Net Income Available to Common
(3.09B) 559.00M 2.10B 1.38B
EPS (Basic)
-10.1476 1.8185 6.803 4.5178
EPS (Basic) Growth
-641.84% +117.92% +274.10% -33.59%
Basic Shares Outstanding
304.80M 307.40M 308.10M 305.90M
EPS (Diluted)
-10.1476 1.8073 6.77 4.4928
EPS (Diluted) Growth
-641.84% +117.81% +274.59% -33.64%
Diluted Shares Outstanding
304.80M 309.30M 309.60M 307.60M
EBITDA
1.40B 3.81B 6.21B 5.36B
EBITDA Growth
-49.37% +171.37% +63.02% -13.72%
EBITDA Margin
+34.08% +49.38% +52.15% +50.08%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 162.462
Number of Ratings 18 Current Quarters Estimate 1.746
FY Report Date 12 / 2024 Current Year's Estimate 9.656
Last Quarter’s Earnings 2.14 Median PE on CY Estimate N/A
Year Ago Earnings 5.05 Next Fiscal Year Estimate 8.047
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 14 17 17
Mean Estimate 1.75 1.70 9.66 8.05
High Estimates 2.46 2.51 12.23 13.31
Low Estimate 1.01 0.85 8.56 3.50
Coefficient of Variance 24.25 29.26 8.41 32.47

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 4
OVERWEIGHT 3 2 1
HOLD 10 11 11
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Hess Corp. - HES

Date Name Shares Transaction Value
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 7,708,384 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $141.86 per share 1,093,511,354.24
Nov 8, 2024 Gregory P. Hill COO and President, E&P 62,799 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $139.19 per share 8,740,992.81
Nov 8, 2024 Gregory P. Hill COO and President, E&P 85,577 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $138.35 per share 11,839,577.95
Nov 8, 2024 John B. Hess Chief Executive Officer; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 John B. Hess Chief Executive Officer; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 John B. Hess Chief Executive Officer; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 223,147 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $142.47 per share 31,791,753.09
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 313,623 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $74.49 per share 23,361,777.27
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 7,679,037 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $142.56 per share 1,094,723,514.72
Nov 8, 2024 John B. Hess Chief Executive Officer; Director N/A Open market or private sale of non-derivative or derivative security Non-derivative transaction at $142.56 per share 0.00
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 86,519 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $141.86 per share 12,273,585.34
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 114,401 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $144.4 per share 16,519,504.40
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 115,631 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.84 per share 16,632,363.04
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 329,922 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.13 per share 47,221,735.86
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 7,717,839 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $144.4 per share 1,114,455,951.60
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 7,718,147 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.83 per share 1,110,101,083.01
Nov 8, 2024 John B. Hess Chief Executive Officer; Director 7,772,475 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $143.15 per share 1,112,629,796.25
Mar 11, 2024 Leonard S. Coleman Director 18,729 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 John P. Rielly EVP and CFO 337,796 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 11, 2024 John P. Rielly EVP and CFO 335,200 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $144.52 per share 48,443,104.00

Hess Corp. in the News