Hess moved -4.3% this afternoon session, trading between a high of $147.25 and a low of $141.64 per share. Yesterday the stock finished at $149.5 per share, compared to an average analyst target price of $169.0.
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The large-cap oil & gas production company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.1%. Hess has trailing twelve months earnings per share (EPS) of 4.79, which at today's prices amounts to a price to earnings (P/E) ratio of 29.9.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 4.22. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of Hess's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 11,324,000 | -7,477,000 | 34 | 25.93 |
| 2022-03-01 | 7,473,000 | -5,465,000 | 27 | 437.5 |
| 2021-03-01 | 4,667,000 | -5,060,000 | -8 | -188.89 |
| 2020-02-20 | 6,495,000 | -5,909,000 | 9 | 12.5 |
| 2019-02-21 | 6,323,000 | -5,794,000 | 8 | 136.36 |
| 2018-02-21 | 5,466,000 | -5,388,000 | -22 |
Over the last 6 years, Hess's operating margins have averaged only 8.0%, with a high coefficient of variability of 261.8%. On the other hand, we note that the firm's margins are growing at a 16.8% compounded average yearly rate.
