Republican senators push back against FTC scrutiny of oil and gas mergers - report
Seeking Alpha News (Wed, 27-Mar 4:30 PM ET)
Russian cuts to crude output may bring $100 oil, J.P. Morgan says
Seeking Alpha News (Wed, 27-Mar 2:07 PM ET)
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates HES, JNPR, TGAN, HMST
Globe Newswire (Sat, 16-Mar 11:18 AM ET)
Kuehn Law Encourages ETRN, SCX, TAST, and HES Investors to Contact Law Firm
PRNewswire (Tue, 12-Mar 12:24 PM ET)
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates TAST, HES, EVRI
PRNewswire (Mon, 11-Mar 6:00 PM ET)
INVESTIGATION UPDATE: Halper Sadeh LLC Investigates HES, TGAN, JNPR
Globe Newswire (Sat, 9-Mar 9:09 AM ET)
Kuehn Law Encourages VIVK, HES, SDPI, and AKTX Investors to Contact Law Firm
Globe Newswire (Fri, 8-Mar 4:38 PM ET)
Hess Announces Regular Quarterly Dividend On Common Stock
Business Wire (Wed, 6-Mar 4:15 PM ET)
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AKTX, HES, TGAN, NS
PRNewswire (Tue, 5-Mar 6:33 PM ET)
SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates SIX, HES, IONM
Globe Newswire (Wed, 14-Feb 11:00 AM ET)
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 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 344 thousand barrels of oil equivalent per day in 2022, at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Hess trades on the NYSE stock market under the symbol HES.
As of March 28, 2024, HES stock price climbed to $152.64 with 2,264,334 million shares trading.
HES has a beta of 0.93, meaning it tends to be less sensitive to market movements. HES has a correlation of 0.13 to the broad based SPY ETF.
HES has a market cap of $46.88 billion. This is considered a Large Cap stock.
Last quarter Hess reported $3 billion in Revenue and $1.63 earnings per share. This beat revenue expectation by $445 million and exceeded earnings estimates by $.19.
In the last 3 years, HES stock traded as high as $167.75 and as low as $61.93.
The top ETF exchange traded funds that HES belongs to (by Net Assets): VTI, VOO, XLE, VO, SPY.
HES has underperformed the market in the last year with a return of +21.7%, while the SPY ETF gained +33.6%. In the last 3 month period, HES fell short of the market, returning +3.0%, while SPY returned +10.1%. However, in the most recent 2 weeks HES has outperformed the stock market by returning +2.8%, while SPY returned +1.7%.
HES support price is $148.68 and resistance is $152.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HES stock will trade within this expected range on the day.