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 3 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
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$136
5%
upside
Avg. target
$149
15%
upside
High target
$163
26%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Susquehanna Biju Perincheril 24% 1-year accuracy 15 / 63 met price target | 5%upside $136 | Neutral Maintained | 22 Apr 2025 |
UBS Josh Silverstein 22% 1-year accuracy 13 / 58 met price target | 26%upside $163 | Buy Maintained | 16 Apr 2025 |
Scotiabank Paul Cheng 41% 1-year accuracy 15 / 37 met price target | 14%upside $147 | Sector Perform Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 13 articles about HES published over the past 30 days
Positive
Zacks Investment Research
11 hours 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
17 hours 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
17 hours 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
19 hours 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
5 days 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.
Positive
Zacks Investment Research
5 days ago
HES Poised to Report Q1 Earnings: Here's What You Need to Know
Healthier crude oil prices are likely to have aided Hess' earnings in Q1.
Negative
Zacks Investment Research
1 week ago
Earnings Preview: Hess (HES) Q1 Earnings Expected to Decline
Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Positive
Seeking Alpha
1 week ago
Hess Corporation: A Lot Of Solid Attributes And Growth Opportunities To Support Its Rebound
Hess Corporation remains a compelling stock due to its strong financial positioning, strategic expansion in Guyana, and undervaluation, suggesting significant upside potential. HES demonstrated resilient growth in Q4 2024 with a 6.4% YoY revenue increase, driven by high production rates and strategic pricing. Despite geopolitical risks and potential economic overreliance on oil in Guyana, HES's diversified operations and strong balance sheet provide stability and growth opportunities.
Positive
Seeking Alpha
2 weeks ago
Hess As The Asset, Chevron As The Platform: A Merger Built For The Future
Hess has transformed into a focused E&P company, with significant assets in Bakken shale and a 30% stake in Guyana's mega-discovery. The Chevron acquisition offers Hess shareholders a 14% stake in a larger entity, higher dividends, and enhanced stability and scale. Despite market volatility, Hess maintains strong financials, with a projected revenue plateau of $12-13 billion and high profitability from Guyana assets.
Positive
Zacks Investment Research
2 weeks ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
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