Hess

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hess reports robust performance in 2022, eyes growth in Guyana

Hess is well-positioned for growth with strong operational and financial performance, supported by a focus on sustainability and shareholder value.
Challenges include managing cost pressures and operational targets, but opportunities in Guyana and Bakken offer avenues for future growth and value creation.
The company's strategic approach to exploration, hedging, and shareholder returns reflects a balanced strategy aimed at long-term success and value creation.

Hess reports robust Q1 performance, eyes growth in exploration

Hess showcased strong operational performance and strategic focus on high-return growth areas.
Analysts probed on cost trends, exploration risks, and the company's financial resilience.
The company's partnership with Hess Midstream and exploration plans offer growth opportunities.
Overall, Hess's Q1 2023 earnings call highlighted a mix of performance, challenges, and growth prospects.

Hess reports strong operational performance and growth opportunities ahead

Hess showcased strong operational performance with production successes in key regions and strategic focus on profitable growth.
Despite financial challenges in Q2 2023, the company aims for industry-leading cash flow growth through 2027 and shareholder value enhancement.
Opportunities lie in Guyana FPSO developments, Pickerel discovery profitability, and Gulf of Mexico subsalt exploration advancements.
Challenges include lower earnings, energy transition gaps, operational optimizations, and maintaining cash flow in Southeast Asia.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Two more wells found oil and are drilling for deeper targets. The breakeven of the projects is among the best in the industry.

Hess: Another Discovery Or Two

Baker Hughes Co

Diamondback Energy

Marathon Oil

Murphy Oil

Occidental Petroleum

Volatile oil exploration and production stocks like MRO, FANG, OXY, HES, MUR and DVN will be most affected by the OPEC+ meeting outcome.

Here's What You Need to Know About Tomorrow's OPEC+ Meeting

NEW YORK--(BUSINESS WIRE)--Hess Completes Sale of Interests in Denmark

Hess Completes Sale of Interests in Denmark

Hess (HES) reported earnings 30 days ago. What's next for the stock?

Why Is Hess (HES) Down 13.2% Since Last Earnings Report?

ConocoPhillips

Magnolia Oil & Gas Corp

After a strong run off the 2020 lows, the spot price for oil has backed up pretty dramatically.

Goldman Sachs Says Buy These 4 Oil Stocks With Huge 2022 Upside Potential

Chevron

Pioneer Natural Resources

Schlumberger

Valero Energy

Oil majors like Chevron, Schlumberger and Hess mandate inoculation as a new safety measure, owing to the resurgence of coronavirus cases.

US Oil Majors Impose COVID-19 Vaccine Mandates for Workers

Hess (HES) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

After Plunging 8.4% in 4 Weeks, Here's Why the Trend Might Reverse for Hess (HES)

The demand for oil is very likely to grow. Hess, therefore, has a very bright future given the Guyana partnership with Exxon Mobil.

Hess Corporation: High Tech Growth Pace At An Oil Company Price

Hess Midstream Partners LP (HESM) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's What Could Help Hess Midstream Partners LP (HESM) Maintain Its Recent Price Strength

Apple

AutoNation

Boyd Gaming

Apple Inc (AAPL), Boyd Gaming (BYD), AutoNation (AN) & Hess (HES) at present have solid efficiency level, and are thus expected to provide stellar returns.

4 Must-Buy Efficient Stocks to Build a Powerful Portfolio

Hess Midstream LP (HESM) Management on Q2 2021 Results - Earnings Call Transcript

Hess Corporation (HES) CEO John Hess on Q2 2021 Results - Earnings Call Transcript

Hess' (HES) strong second-quarter results are supported by higher commodity price realizations.

Hess (HES) Beats on Q2 Earnings, Discovers New Oil in Guyana

Hess (HES) delivered earnings and revenue surprises of 26.32% and 5.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Hess (HES) Surpasses Q2 Earnings and Revenue Estimates

Shares of Hess Midstream (NYSE:HESM) moved higher by 0.4% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 51.72% year over year to $0.44, which beat the estimate of $0.43.

Hess Midstream: Q2 Earnings Insights

NEW YORK--(BUSINESS WIRE)--HESS REPORTS ESTIMATED RESULTS FOR THE SECOND QUARTER OF 2021

Hess Reports Estimated Results for the Second Quarter Of 2021

NEW YORK--(BUSINESS WIRE)--Hess Announces Oil Discovery at Whiptail, Offshore Guyana

Hess Announces Oil Discovery at Whiptail, Offshore Guyana

Hess Midstream (HESM) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Hess Midstream (HESM) Might Surprise This Earnings Season

Antero Resources

Matador Resources

Ovintiv

Range Resources

SM Energy

The six high-flying energy stocks discussed here are slated to release second-quarter earnings results this month. These are: OVV, SM, RRC, MTDR, AR and HES.

Top 6 High-Flying Energy Stocks Set to Beat on Q2 Earnings

Higher oil price is likely to have aided Hess' (HES) second-quarter earnings.

Is a Beat in the Cards for Hess (HES) This Earnings Season?

NEW YORK--(BUSINESS WIRE)--Hess Corporation Sets New Emission Reduction Targets, Demonstrates Industry Leading ESG Performance in Newly Released Annual Sustainability Report

Hess Corporation Sets New Emission Reduction Targets, Demonstrates Industry Leading ESG Performance in Newly Released Annual Sustainability Report

APA Corporation

Devon Energy

Some of the top losers of the S&P 500 yesterday are energy-related names Occidental Petroleum (OXY), Diamondback Energy (FANG), Devon Energy (DVN), APA Corporation (APA), Marathon Oil (MRO) and Hess (HES).

Oil Stocks Routed on Rising Fuel Supplies, OPEC+ Impasse

Hess Corporation is spending billions a year on growth with one of the most exciting portfolios we've seen. The company's Bakken and Guyana assets are incredibly impressive with massive long-term growth potential.

Hess Corporation Remains Massively Undervalued In A High Oil Environment

Hess Corporation (HES) has been struggling lately, but the selling pressure may be coming to an end soon

Hess Corp (HES) Sees Hammer Chart Pattern: Time to Buy?

Applied Materials

Charles River Laboratories

Ford Motor Company

Generac Holdings

Landbridge Co LLC

Nucor

NVIDIA

SPDR S&P 500 ETF Trust

The S&P 500 has been outperforming this year due to the strength in value and cyclical stocks, which were battered last year in the pandemic.

10 Top-Ranked Stocks Powering S&P 500 ETF

News for Hess Stock (HES)