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 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
107% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 60
12% more funds holding in top 10
Funds holding in top 10: 51 [Q3] → 57 (+6) [Q4]
6% more funds holding
Funds holding: 795 [Q3] → 846 (+51) [Q4]
0.65% more ownership
Funds ownership: 79.77% [Q3] → 80.42% (+0.65%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 292
1% less capital invested
Capital invested by funds: $33.3B [Q3] → $33B (-$386M) [Q4]
35% less call options, than puts
Call options by funds: $403M | Put options by funds: $622M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
UBS Josh Silverstein 59% 1-year accuracy 30 / 51 met price target | 17%upside $186 | Buy Maintained | 13 Feb 2025 |
Financial journalist opinion
Based on 7 articles about HES published over the past 30 days









