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 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
114% more first-time investments, than exits
New positions opened: 126 | 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: 794 [Q3] → 849 (+55) [Q4]
1.09% more ownership
Funds ownership: 79.34% [Q3] → 80.43% (+1.09%) [Q4]
1% more repeat investments, than reductions
Existing positions increased: 295 | 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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$147
12%
upside
Avg. target
$155
18%
upside
High target
$163
25%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
UBS Josh Silverstein 12% 1-year accuracy 7 / 58 met price target | 25%upside $163 | Buy Maintained | 16 Apr 2025 |
Scotiabank Paul Cheng 30% 1-year accuracy 11 / 37 met price target | 12%upside $147 | Sector Perform Maintained | 11 Apr 2025 |
Financial journalist opinion
Based on 8 articles about HES published over the past 30 days
Positive
Seeking Alpha
3 days 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
1 week 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.
Neutral
Business Wire
1 week ago
Hess Schedules Earnings Release Date
NEW YORK--(BUSINESS WIRE)--Hess Schedules Earnings Release Date.
Positive
Zacks Investment Research
1 week ago
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Positive
Zacks Investment Research
2 weeks ago
Will Hess (HES) Beat Estimates Again in Its Next Earnings Report?
Hess (HES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Neutral
GlobeNewsWire
3 weeks ago
Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative
Initiative aims to transform Guyana's public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities; Extension builds on significant progress made since the initiative's 2022 launch Initiative aims to transform Guyana's public health system by 2030 with world-class healthcare services accessible to all citizens, especially vulnerable communities; Extension builds on significant progress made since the initiative's 2022 launch
Neutral
Business Wire
3 weeks ago
Government of Guyana, Mount Sinai Health System and Hess Corporation Announce Five-Year Extension of National Healthcare Initiative
GEORGETOWN, Guyana & NEW YORK--(BUSINESS WIRE)--His Excellency Dr. Irfaan Ali, President of the Co-operative Republic of Guyana, today announced a five-year extension of the national healthcare initiative to transform Guyana's public health system with world-class healthcare services accessible to every Guyanese citizen. This next phase of the initiative, launched in 2022 by the Government of Guyana in collaboration with the Mount Sinai Health System and Hess Corporation, will include establish.
Positive
Zacks Investment Research
3 weeks ago
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
Neutral
Reuters
1 month ago
Chevron buys about 5% of Hess stock
Chevron purchased about 4.99% of Hess Corp's common shares this year, the oil giant said in a regulatory filing on Monday.
Neutral
Business Wire
1 month ago
Hess Announces Regular Quarterly Dividend On Common Stock
NEW YORK--(BUSINESS WIRE)--Hess Announces Regular Quarterly Dividend On Common Stock.
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