Growth Story Still Intact For Hess Corporation (HES)

Hess Corporation (HES) concluded trading on Thursday at a closing price of $159.07, with 2.17 million shares of worth about $345.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.35% during that period and on March 27, 2025 the price saw a loss of about -0.90%. Currently the company’s common shares owned by public are about 308.29M shares, out of which, 285.88M shares are available for trading.

Stock saw a price change of 1.08% in past 5 days and over the past one month there was a price change of 9.35%. Year-to-date (YTD), HES shares are showing a performance of 19.59% which increased to 5.08% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $123.79 but also hit the highest price of $163.98 during that period. The average intraday trading volume for Hess Corporation shares is 1.98 million. The stock is currently trading 5.86% above its 20-day simple moving average (SMA20), while that difference is up 7.72% for SMA50 and it goes to 12.04% higher than SMA200.

Hess Corporation (NYSE: HES) currently have 308.29M outstanding shares and institutions hold larger chunk of about 81.14% of that.

The stock has a current market capitalization of $49.04B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 17.70, while it has posted earnings per share of $8.98 in the same period. Its PEG reads 1.58 and has Quick Ratio of 0.97 while making debt-to-equity ratio of 0.84. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HES, volatility over the week remained 1.32% while standing at 2.42% over the month.

Stock’s fiscal year EPS is expected to drop by -20.26% while it is estimated to increase by 37.02% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on December 09, 2024 offering an Overweight rating for the stock and assigned a target price range of between $151 and $193 to it. Coverage by Wolfe Research stated Hess Corporation (HES) stock as an Outperform in their note to investors on September 30, 2024, suggesting a price target of $150 for the stock. On July 18, 2024, Wolfe Research Resumed their recommendations, while on November 07, 2023, Argus Upgrade their ratings for the stock with a price target of $171. Stock get a Mkt perform rating from Bernstein on November 02, 2023.

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