HES stock icon

Hess
HES

$143.75
1.47%
 

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 2023, the company reported net proved reserves of 1.4 billion barrels of oil equivalent. Net production averaged 391 thousand barrels of oil equivalent per day in 2023, at a ratio of 74% oil and natural gas liquids and 26% natural gas.

Employees: 1,756

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 24 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

58% more funds holding in top 10

Funds holding in top 10: 33 [Q4 2023] → 52 (+19) [Q1 2024]

1% more capital invested

Capital invested by funds: $36.2B [Q4 2023] → $36.6B (+$329M) [Q1 2024]

2% less funds holding

Funds holding: 815 [Q4 2023] → 795 (-20) [Q1 2024]

3.85% less ownership

Funds ownership: 81.86% [Q4 2023] → 78.01% (-3.85%) [Q1 2024]

17% less repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 312

18% less first-time investments, than exits

New positions opened: 93 | Existing positions closed: 113

49% less call options, than puts

Call options by funds: $604M | Put options by funds: $1.19B

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$152
6%
upside
Avg. target
$178
24%
upside
High target
$210
46%
upside

11 analyst ratings

positive
27%
neutral
73%
negative
0%
Citigroup
Scott Gruber
11%upside
$160
Neutral
Maintained
5 Jun 2024
Susquehanna
Biju Perincheril
16%upside
$167
Neutral
Maintained
16 May 2024
Mizuho
Nitin Kumar
46%upside
$210
Neutral
Maintained
13 May 2024
Susquehanna
Biju Perincheril
14%upside
$164
Neutral
Maintained
22 Apr 2024
Piper Sandler
Ryan Todd
20%upside
$173
Overweight
Maintained
18 Apr 2024

Financial journalist opinion

Based on 24 articles about HES published over the past 30 days