Hess Corporation
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $159.33
- Today's High:
- $162.0325
- Open Price:
- $159.65
- 52W Low:
- $99.4141
- 52W High:
- $162.86
- Prev. Close:
- $157.95
- Volume:
- 1331829
Company Statistics
- Market Cap.:
- $48.50 billion
- Book Value:
- 27.055
- Revenue TTM:
- $10.54 billion
- Operating Margin TTM:
- 29.24%
- Gross Profit TTM:
- $7.74 billion
- Profit Margin:
- 14.02%
- Return on Assets TTM:
- 8.87%
- Return on Equity TTM:
- 21.86%
Company Profile
Hess Corporation had its IPO on 1983-04-06 under the ticker symbol HES.
The company operates in the Energy sector and Oil & Gas E&P industry. Hess Corporation has a staff strength of 1,623 employees.
Stock update
Shares of Hess Corporation opened at $159.65 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $159.33 - $162.03, and closed at $161.25.
This is a +2.09% increase from the previous day's closing price.
A total volume of 1,331,829 shares were traded at the close of the day’s session.
In the last one week, shares of Hess Corporation have increased by +2.58%.
Hess Corporation's Key Ratios
Hess Corporation has a market cap of $48.50 billion, indicating a price to book ratio of 5.2746 and a price to sales ratio of 3.9713.
In the last 12-months Hess Corporation’s revenue was $10.54 billion with a gross profit of $7.74 billion and an EBITDA of $5.07 billion. The EBITDA ratio measures Hess Corporation's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Hess Corporation’s operating margin was 29.24% while its return on assets stood at 8.87% with a return of equity of 21.86%.
In Q2, Hess Corporation’s quarterly earnings growth was a negative -81.9% while revenue growth was a negative 22.3%.
Hess Corporation’s PE and PEG Ratio
- Forward PE
- 13.1752
- Trailing PE
- 33.0439
- PEG
- 0.3593
Its diluted EPS in the last 12-months stands at $4.78 per share while it has a forward price to earnings multiple of 13.1752 and a PEG multiple of 0.3593. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Hess Corporation’s profitability.
Hess Corporation stock is trading at a EV to sales ratio of 4.381 and a EV to EBITDA ratio of 8.7397. Its price to sales ratio in the trailing 12-months stood at 3.9713.
Hess Corporation stock pays annual dividends of $1.625 per share, indicating a yield of 1.09% and a payout ratio of 30.96%.
Balance sheet and cash flow metrics
- Total Assets
- $22.23 billion
- Total Liabilities
- $2.40 billion
- Operating Cash Flow
- $-1662000000.00
- Capital Expenditure
- $821 million
- Dividend Payout Ratio
- 30.96%
Hess Corporation ended 2024 with $22.23 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $22.23 billion while shareholder equity stood at $8.27 billion.
Hess Corporation ended 2024 with $497.00 million in deferred long-term liabilities, $2.40 billion in other current liabilities, 307000000.00 in common stock, $1.67 billion in retained earnings and $360.00 million in goodwill. Its cash balance stood at $2.23 billion and cash and short-term investments were $2.23 billion. The company’s total short-term debt was $230,000,000 while long-term debt stood at $8.46 billion.
Hess Corporation’s total current assets stands at $3.70 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $-278000000.00 compared to accounts payable of $350.00 million and inventory worth $278.00 million.
In 2024, Hess Corporation's operating cash flow was $-1662000000.00 while its capital expenditure stood at $821 million.
Comparatively, Hess Corporation paid $0.31 in dividends in 2024.
Other key metrics
- Current Trading Price
- $161.25
- 52-Week High
- $162.86
- 52-Week Low
- $99.4141
- Analyst Target Price
- $164.5
Hess Corporation stock is currently trading at $161.25 per share. It touched a 52-week high of $162.86 and a 52-week low of $162.86. Analysts tracking the stock have a 12-month average target price of $164.5.
Its 50-day moving average was $149 and 200-day moving average was $140.34 The short ratio stood at 2.2 indicating a short percent outstanding of 0%.
Around 987.9% of the company’s stock are held by insiders while 8441.8% are held by institutions.
Frequently Asked Questions About Hess Corporation
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About
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.