Research Analysts Issue Forecasts for Hess FY2026 Earnings

Hess Co. (NYSE:HES) – Stock analysts at Capital One Financial decreased their FY2026 earnings estimates for shares of Hess in a research report issued to clients and investors on Wednesday, January 8th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings per share of $8.78 for the year, down from their prior estimate of $8.84. The consensus estimate for Hess’ current full-year earnings is $9.74 per share.

Other research analysts also recently issued reports about the stock. BMO Capital Markets increased their price objective on shares of Hess from $155.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, October 4th. Citigroup increased their price objective on shares of Hess from $145.00 to $163.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Scotiabank increased their price objective on shares of Hess from $157.00 to $167.00 and gave the company a “sector perform” rating in a research note on Thursday, October 10th. Susquehanna increased their price objective on shares of Hess from $149.00 to $154.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Wolfe Research upgraded shares of Hess from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective on the stock in a research note on Monday, September 30th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Hess presently has a consensus rating of “Moderate Buy” and an average price target of $170.50.

Hess Price Performance

HES opened at $142.52 on Friday. Hess has a twelve month low of $123.79 and a twelve month high of $163.98. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. The firm has a market cap of $43.91 billion, a price-to-earnings ratio of 16.61 and a beta of 1.18. The company has a fifty day simple moving average of $139.95 and a 200 day simple moving average of $139.50.

Hess (NYSE:HES) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas producer reported $2.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.88 by $0.26. The business had revenue of $3.20 billion during the quarter, compared to analyst estimates of $2.96 billion. Hess had a net margin of 20.58% and a return on equity of 27.41%. The business’s revenue was up 12.7% on a year-over-year basis. During the same period last year, the business earned $1.64 EPS.

Institutional Trading of Hess

A number of large investors have recently modified their holdings of HES. Graypoint LLC increased its stake in Hess by 21.6% during the 4th quarter. Graypoint LLC now owns 2,368 shares of the oil and gas producer’s stock valued at $315,000 after buying an additional 420 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Hess by 5.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,246 shares of the oil and gas producer’s stock valued at $848,000 after buying an additional 305 shares during the period. Versant Capital Management Inc increased its stake in Hess by 64.0% during the 4th quarter. Versant Capital Management Inc now owns 774 shares of the oil and gas producer’s stock valued at $103,000 after buying an additional 302 shares during the period. Confluence Investment Management LLC increased its stake in Hess by 6.6% during the 4th quarter. Confluence Investment Management LLC now owns 4,117 shares of the oil and gas producer’s stock valued at $548,000 after buying an additional 255 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Hess by 3.4% during the 3rd quarter. Principal Financial Group Inc. now owns 326,921 shares of the oil and gas producer’s stock valued at $44,396,000 after buying an additional 10,738 shares during the period. Institutional investors and hedge funds own 88.51% of the company’s stock.

Insider Buying and Selling

In related news, SVP Geurt G. Schoonman sold 6,000 shares of the stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $141.91, for a total value of $851,460.00. Following the sale, the senior vice president now owns 27,581 shares of the company’s stock, valued at $3,914,019.71. This trade represents a 17.87 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John B. Hess sold 125,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $147.08, for a total transaction of $18,385,000.00. Following the completion of the sale, the chief executive officer now directly owns 217,894 shares in the company, valued at approximately $32,047,849.52. This trade represents a 36.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 314,370 shares of company stock valued at $45,856,309 in the last quarter. Company insiders own 9.76% of the company’s stock.

Hess Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.40%. Hess’s dividend payout ratio (DPR) is presently 23.31%.

Hess Company Profile

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.