Hess
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 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
110% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 59
12% more funds holding in top 10
Funds holding in top 10: 51 [Q3] → 57 (+6) [Q4]
7% more funds holding
Funds holding: 795 [Q3] → 848 (+53) [Q4]
1.09% more ownership
Funds ownership: 79.34% [Q3] → 80.43% (+1.09%) [Q4]
2% more repeat investments, than reductions
Existing positions increased: 296 | Existing positions reduced: 291
1% less capital invested
Capital invested by funds: $33.2B [Q3] → $33B (-$211M) [Q4]
35% less call options, than puts
Call options by funds: $403M | Put options by funds: $622M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$136
0%
upside
Avg. target
$157
15%
upside
High target
$191
41%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
Piper Sandler Nitin Kumar 32% 1-year accuracy 20 / 63 met price target | 8%upside $147 | Overweight Maintained | 13 May 2025 |
Mizuho Nitin Kumar 32% 1-year accuracy 20 / 63 met price target | 41%upside $191 | Neutral Maintained | 13 May 2025 |
Susquehanna Biju Perincheril 25% 1-year accuracy 15 / 61 met price target | 0%upside $136 | Neutral Maintained | 22 Apr 2025 |
UBS Josh Silverstein 23% 1-year accuracy 14 / 61 met price target | 20%upside $163 | Buy Maintained | 16 Apr 2025 |
Scotiabank Paul Cheng 34% 1-year accuracy 13 / 38 met price target | 8%upside $147 | Sector Perform Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 14 articles about HES published over the past 30 days
Positive
Seeking Alpha
6 days ago
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Neutral
Seeking Alpha
1 week ago
Hess Midstream: Insider Selling Onslaught Continues
Hess Midstream insiders continue to sell significant shares. Chevron's future actions regarding Hess Midstream shares remain unclear. Hess Corporation reports minimal North American profits. This situation needs fixing. How it affects the relationship with the midstream company remains unclear.
Positive
MarketBeat
1 week ago
Why Energy Stocks Like Exxon and Hess Are Back in Focus
Sometimes, the market experiences a new turn of events, creating opportunities for investors who know what to watch out for in their market scans. Of course, these plays only become obvious when it is too late to act upon them.
Positive
Bloomberg Markets and Finance
1 week ago
Chevron CEO on Earnings, Energy Demand, Buying Hess
Chevron Corp. Chief Executive Officer Mike Wirth says the oil and gas giant had a very strong quarter even though oil prices were flat. Wirth says the company is ramping up production in the Gulf of America and he expects to see great output.
Neutral
Reuters
1 week ago
Court hearing in Exxon's dispute over Chevron-Hess deal set for May 26, sources say
The Paris-based International Chamber of Commerce has scheduled a hearing in Exxon Mobil's arbitration dispute over rival Chevron's planned acquisition of oil producer Hess for May 26, according to two sources familiar with the matter.
Positive
Zacks Investment Research
1 week ago
Hess Q1 Earnings Beat Estimates, Hydrocarbon Production Flat Y/Y
HES' first-quarter earnings gain on sustained crude oil and higher NGL production. Increased total costs and expenses partially offset the positives.
Positive
Zacks Investment Research
1 week ago
Hess (HES) Q1 Earnings and Revenues Top Estimates
Hess (HES) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.77 per share. This compares to earnings of $3.16 per share a year ago.
Positive
Reuters
1 week ago
Hess beats first-quarter profit estimate despite weak oil prices
Hess reported a drop in first-quarter profit on Wednesday, hurt by lower oil prices, though the shale producer still managed to beat Wall Street expectations.
Neutral
Business Wire
1 week ago
Hess Reports Estimated Results for the First Quarter of 2025
NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE FIRST QUARTER OF 2025.
Neutral
Newsfile Corp
2 weeks ago
OSU A&M Board of Regents Names Dr. Jim Hess 20th President of Oklahoma State University
Goodwell, Oklahoma--(Newsfile Corp. - April 25, 2025) - The Oklahoma State University A&M Board of Regents today voted to appoint Dr. Jim Hess as the 20th president of Oklahoma State University. The board's decision, which removes the interim title Hess has held since February, appoints Hess to a three year term and came during its regular meeting at Oklahoma Panhandle State University in Goodwell.
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