153.22 USD
+1.18
0.78%
At close Jul 11, 4:00 PM EDT
After hours
153.00
-0.22
0.14%
1 day
0.78%
5 days
6.83%
1 month
8.99%
3 months
19.24%
6 months
5.79%
Year to date
13.14%
1 year
3.71%
5 years
238.01%
10 years
139.48%
 

About: Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2024, the company reported net proved reserves of 1.44 billion barrels of oil equivalent. Net production averaged 481 thousand barrels of oil equivalent per day in 2024, at a ratio of 79% oil and natural gas liquids and 21% natural gas.

Employees: 1,797

0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

32% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 77

15% more capital invested

Capital invested by funds: $33B [Q4 2024] → $38B (+$5.04B) [Q1 2025]

13% more repeat investments, than reductions

Existing positions increased: 332 | Existing positions reduced: 293

1% more funds holding

Funds holding: 852 [Q4 2024] → 864 (+12) [Q1 2025]

3.2% less ownership

Funds ownership: 80.52% [Q4 2024] → 77.32% (-3.2%) [Q1 2025]

4% less funds holding in top 10

Funds holding in top 10: 57 [Q4 2024] → 55 (-2) [Q1 2025]

69% less call options, than puts

Call options by funds: $286M | Put options by funds: $935M

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$136
11%
downside
Avg. target
$165
8%
upside
High target
$191
25%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
Scotiabank
Paul Cheng
1%upside
$155
Sector Perform
Maintained
11 Jul 2025
Piper Sandler
Nitin Kumar
0%downside
$153
Overweight
Maintained
2 Jul 2025
Wells Fargo
Roger Read
20%upside
$184
Overweight
Maintained
26 Jun 2025
UBS
Josh Silverstein
13%upside
$173
Buy
Maintained
11 Jun 2025
Mizuho
Nitin Kumar
25%upside
$191
Neutral
Maintained
13 May 2025

Financial journalist opinion

Based on 14 articles about HES published over the past 30 days

Positive
Benzinga
1 day ago
Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential
After nearly two years of uncertainty and legal wrangling, a resolution may be imminent in Chevron Corporation's CVX highly anticipated acquisition of Hess Corporation HES.
Chevron-Hess Arbitration Nears Verdict As Analyst Sees Limited Downside, Big Upside Potential
Neutral
Business Wire
2 days ago
Hess Schedules Earnings Release Date
NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
Hess Schedules Earnings Release Date
Positive
Zacks Investment Research
2 days ago
Strength Seen in Hess (HES): Can Its 4.8% Jump Turn into More Strength?
Hess (HES) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Strength Seen in Hess (HES): Can Its 4.8% Jump Turn into More Strength?
Negative
Zacks Investment Research
2 days ago
Hess Exits Suriname's Offshore Block 59 Amid Drilling Risks
HES exits Suriname's offshore Block 59, capping years of risky exploration after XOM and EQNR pulled out earlier.
Hess Exits Suriname's Offshore Block 59 Amid Drilling Risks
Neutral
Seeking Alpha
3 days ago
Chevron May Not Want All Of Hess Either
The climax to the Chevron Corporation-ExxonMobil Corporation dispute may be approaching. Almost all of Hess Corporation's profits come from Guyana. Chevron may well sell or spin off anything of Hess not associated with Guyana.
Chevron May Not Want All Of Hess Either
Negative
Reuters
3 days ago
Hess to exit Suriname offshore oil block after partners leave over drilling risks
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.
Hess to exit Suriname offshore oil block after partners leave over drilling risks
Neutral
Reuters
4 days ago
Chevron preps quick closing of Hess deal and awaits result of Exxon dispute
Chevron is laying the groundwork to swiftly close its planned acquisition of smaller oil producer Hess , according to two sources and an industry analyst, including by preparing a severance program for some Hess workers.
Chevron preps quick closing of Hess deal and awaits result of Exxon dispute
Neutral
Seeking Alpha
4 days ago
Hess Corporation: Climax Ahead
The arbitration decision on Exxon Mobil's right of first refusal is imminent. Retail shareholders are disadvantaged by Hess's limited information disclosure during the prolonged acquisition timeline. Guyana production growth, driven by new FPSOs, is rapidly increasing Hess's value and future earnings potential.
Hess Corporation: Climax Ahead
Neutral
Reuters
1 week ago
Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter, with the ruling determining whether Chevron can move forward with its planned acquisition of Hess.
Arbitrators in Exxon, Hess dispute over Chevron deal have reached a decision, sources say
Positive
Zacks Investment Research
1 week ago
Why Hess (HES) is Poised to Beat Earnings Estimates Again
Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Hess (HES) is Poised to Beat Earnings Estimates Again
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