Q1 EPS Estimates for Hess Lowered by Capital One Financial

Hess Co. (NYSE:HES) – Analysts at Capital One Financial lowered their Q1 2025 earnings estimates for shares of Hess in a report released on Wednesday, March 19th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will post earnings per share of $1.97 for the quarter, down from their prior forecast of $2.08. The consensus estimate for Hess’ current full-year earnings is $8.08 per share. Capital One Financial also issued estimates for Hess’ Q2 2025 earnings at $1.85 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $2.59 EPS, FY2025 earnings at $8.76 EPS and FY2026 earnings at $9.40 EPS.

Hess (NYSE:HES) last posted its quarterly earnings results on Wednesday, January 29th. The oil and gas producer reported $1.76 EPS for the quarter, beating the consensus estimate of $1.44 by $0.32. Hess had a net margin of 21.27% and a return on equity of 26.32%.

Several other equities research analysts have also recently commented on HES. UBS Group boosted their price target on shares of Hess from $185.00 to $186.00 and gave the stock a “buy” rating in a research report on Thursday, February 13th. Citigroup boosted their price target on Hess from $145.00 to $163.00 and gave the company a “neutral” rating in a research note on Friday, December 6th. Wells Fargo & Company upgraded Hess from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $151.00 to $193.00 in a report on Monday, December 9th. Pickering Energy Partners upgraded Hess to a “hold” rating in a research report on Friday, January 3rd. Finally, StockNews.com began coverage on Hess in a report on Tuesday. They issued a “hold” rating on the stock. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Hess presently has an average rating of “Moderate Buy” and an average target price of $170.60.

Hess Stock Performance

Hess stock opened at $156.59 on Friday. The company has a market cap of $48.28 billion, a PE ratio of 17.40 and a beta of 1.21. The company has a fifty day moving average price of $146.73 and a two-hundred day moving average price of $140.78. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.12 and a quick ratio of 1.13. Hess has a 12 month low of $123.79 and a 12 month high of $163.98.

Hess Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.50 per share. The ex-dividend date is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 1.28%. Hess’s payout ratio is currently 22.22%.

Hedge Funds Weigh In On Hess

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp acquired a new position in Hess in the 4th quarter valued at $25,000. Sierra Ocean LLC acquired a new position in Hess in the 4th quarter valued at $27,000. Groupama Asset Managment raised its holdings in Hess by 22.7% in the 3rd quarter. Groupama Asset Managment now owns 22,606 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 4,186 shares in the last quarter. Millstone Evans Group LLC acquired a new position in shares of Hess during the 4th quarter worth $33,000. Finally, FSA Wealth Management LLC acquired a new position in shares of Hess during the 3rd quarter worth $37,000. 88.51% of the stock is owned by institutional investors and hedge funds.

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.