HES

Consider This Before Taking a Position in HES

Shares of Energy sector company Hess moved 1.7% today, and are now trading at a price of $134.5. The large-cap stock's daily volume was 4,640,355 compared to its average volume of 3,602,631. The S&P 500 index returned a 0.0% performance.

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 is based in New York and has 1,623 full time employees. Its market capitalization is $41,312,886,784. Hess currently offers its equity investors a dividend that yields 1.3% per year.

17 analysts are following Hess and have set target prices ranging from $150.0 to $210.0 per share. On average, they have given the company a rating of hold. At today's prices, HES is trading -21.75% away from its average analyst target price of $171.88 per share.

Over the last year, HES's share price has increased by 5.0%, which represents a difference of -13.0% when compared to the S&P 500. The stock's 52 week high is $167.75 per share whereas its 52 week low is $113.82. With average free cash flows of $2.34 Billion that have been growing at an average rate of 13.5% over the last 6 years, Hess is in a position to continue its strong stock performance trend.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 3,850,000 221,000 3,629,000 -2.08
2022 3,944,000 238,000 3,706,000 35.9
2021 2,890,000 163,000 2,727,000 164.24
2020 1,333,000 301,000 1,032,000 -17.17
2019 1,642,000 396,000 1,246,000 -26.53
2018 1,939,000 243,000 1,696,000
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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