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Hess Corp HES Stock Quote

| Rating as of

NYSE: HES

Last close prices updated as of Jan 27, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 156.25
  • Sector Energy
  • Industry Oil & Gas E&P
  • Investment Style Large Blend
  • Day Range 155.68  –  159.97
  • Year Range 89.09  –  159.97
  • Market Cap 48.1732 Bil
  • Volume / Avg 1.9 Mil /  1.8 Mil
  • Price / Sales 4.27
  • Price / Book 6.04
  • Forward Div Yield 0.98%
  • Trailing Div Yield 0.96%

Morningstar‘s Stock Analysis HES

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Hess Makes Up for Bakken Weather Issues With Outperformance Elsewhere

Dave Meats Director

Analyst Note

| Dave Meats |

Hess exceeded guidance by about 2%, with its fourth-quarter firmwide production of 376 thousand barrels of oil equivalent per day, or mboe/d. That total excludes a contribution from its Libya assets, which it sold during the fourth quarter for about $150 million. This outperformance was impressive when taking into account the impact of poor weather in North Dakota, which triggered shut-ins that dragged its fourth-quarter Bakken Shale output down to 158 mboe/d, compared with guidance of 165-170 mboe/d). But better-than-expected volumes across the remainder of the portfolio more than made up for the disappointment. That includes Guyana volume of 116 mboe/d, which reflects the first quarter with the Liza-1 and Liza-2 vessels both operating at full capacity for the first time.

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Key Statistics HES

Company Profile HES

Business Description

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 2021, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 315 thousand barrels of oil equivalent per day in 2021, at a ratio of 69% oil and natural gas liquids and 31% natural gas.

Contact
1185 Avenue of the Americas
New York, NY, 10036
Sector Energy
Industry Oil & Gas E&P
Employees 1,545

Related Articles HES

FAQs for Hess Corp Stock

Yes. HES has a forward dividend yield of 0.98%. See HES’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

HES’s market cap is 48.17 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

HES’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

HES’s price/sales is 4.27.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

HES’s price/forward earnings is 15.67.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

HES’s price/book is 6.04.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See HES’s valuation ratios compared to the Market Index.

HES’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare HES’s historical performance against its industry peers and the overall market.