HessHES
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
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 (+$5.01B) [Q1 2025]
14% more repeat investments, than reductions
Existing positions increased: 332 | Existing positions reduced: 292
1% more funds holding
Funds holding: 851 [Q4 2024] → 862 (+11) [Q1 2025]
3.27% less ownership
Funds ownership: 80.52% [Q4 2024] → 77.25% (-3.27%) [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
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
UBS Josh Silverstein | 22%upside $173 | Buy Maintained | 11 Jun 2025 |
Piper Sandler Nitin Kumar | 3%upside $147 | Overweight Maintained | 13 May 2025 |
Mizuho Nitin Kumar | 34%upside $191 | Neutral Maintained | 13 May 2025 |
Susquehanna Biju Perincheril | 4%downside $136 | Neutral Maintained | 22 Apr 2025 |
Scotiabank Paul Cheng | 3%upside $147 | Sector Perform Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 9 articles about HES published over the past 30 days









