HES Hess Corp.

Hess Corp is an exploration and production company, which engages in exploration, development, production, transportation, purchase & sale of crude oil, natural gas liquids and natural gas with production operations. It operates through the following segments: Exploration and Production and Midstream. The Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, natural gas liquids and natural gas. The Midstream segment provides fee-based services including crude oil and natural gas gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids, and the storage and terminaling of propane, primarily in the Bakken shale play of North Dakota. The company was founded by Leon Hess in 1920 and is headquartered in New York, NY.

Company profile

Ticker

HES

Exchange

NYSE

Website

www.hess.com

CEO

John B. Hess

Incorporated in

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Energy Minerals > Oil & Gas Production

Industry (SEC)

Petroleum Refining

Exxon Mobil • Chevron • ConocoPhillips • Valero Energy • Hollyfrontier • Phillips 66 • Marathon Petroleum • Delek US • Calumet Specialty Products Partners • CVR Energy ...

Former names

Amerada Hess Corp

SEC CIK

0000004447

Corporate docs

Articles of Incorporation & Bylaws

IRS number

134921002

HES stock data

S&P 500

1M 1Y 2Y 5Y

FINRA relative short interest over last month (20 trading days) ?

Company financial data Financial data

Chart HES financial data

Quarter (USD)	Mar 20	Dec 19	Sep 19	Jun 19
Revenue	1.37B	1.7B	1.52B	1.7B
Net income	-2.37B	-183M	-166M	34M
Diluted EPS	-8	-0.74	-0.7	-0.02
Net profit margin	-173%	-10.77%	-10.96%	2.00%
Net change in cash	535M	-318M	-345M	-92M
Cash on hand	2.08B	1.55B	1.86B	2.21B

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue	6.51B	6.47B	5.39B	4.84B
Net income	-240M	-115M	-3.94B	-6.08B
Diluted EPS	-1.37	-1.1	-13.12	-19.92
Net profit margin	-3.69%	-1.78%	-73.10%	-126%
Operating income*			-5.59B	-3.57B
Net change in cash	-1.15B	-2.15B	2.12B	16M
Cash on hand	1.55B	2.69B	4.85B	2.73B

Financial data from Hess earnings reports. *Asterisk values are approximate.

Recent insider trades

HES insider ownership history Insider history

Date	Owner	Security	Transaction	Code	$Price	#Shares	$Value	#Remaining
9 Mar 20	Turner Michael R	Common Stock, $1.00 par value	Sell	Dispose S	32.39	2,353	76.21K	76,257
9 Mar 20	Schoonman Geurt G	Common Stock, $1.00 par value	Sell	Dispose S	32.39	3,779	122.4K	42,604
9 Mar 20	Lowery-Yilmaz Barbara J	Common Stock, $1.00 par value	Sell	Dispose S	32.39	2,353	76.21K	65,970
9 Mar 20	Lynch Richard D.	Common Stock, $1.00 par value	Sell	Dispose S	32.39	1,898	61.48K	39,163
6 Mar 20	Lowery-Yilmaz Barbara J	Option to purchase Common Stock Common Stock, $1.00 par value	Grant	Aquire A	49.72	9,557	475.17K	9,557
6 Mar 20	Lowery-Yilmaz Barbara J	Option to purchase Common Stock Common Stock, $1.00 par value	Grant	Aquire A	49.72	9,557	475.17K	9,557
6 Mar 20	Lowery-Yilmaz Barbara J	2020 Performance Share Unit Common Stock, $1.00 par value	Grant	Aquire A	0	21,156	0	21,156
6 Mar 20	Lynch Richard D.	2020 Performance Share Unit Common Stock, $1.00 par value	Grant	Aquire A	0	15,996	0	15,996
6 Mar 20	Schoonman Geurt G	Common Stock, $1.00 par value	Grant	Aquire A	0	6,235	0	46,383
6 Mar 20	Schoonman Geurt G	Option to purchase Common Stock Common Stock, $1.00 par value	Grant	Aquire A	49.72	7,226	359.28K	7,226

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2020

HES institutional ownership history Ownership history

87.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	448	550	-18.5%
Opened positions	42	82	-48.8%
Closed positions	144	67	+114.9%
Increased positions	147	177	-16.9%
Reduced positions	182	193	-5.7%

13F shares	Current	Prev Q	Change
Total value	11.07B	17.41B	-36.4%
Total shares	267.75M	260.42M	+2.8%
Total puts	4.15M	5.23M	-20.8%
Total calls	3.75M	7.66M	-51.1%
Total put/call ratio	1.1	0.7	+61.9%

Largest owners	Shares	Value	Change
FMR	33.65M	$1.12B	-14.9%
Vanguard	31.2M	$1.04B	+2.2%
Dodge & Cox	21.77M	$725.08M	+47.6%
BLK BlackRock	18.75M	$624.5M	+0.1%
STT State Street	14.74M	$490.71M	+9.2%
Capital International Investors	10.31M	$343.37M	+457.1%
Primecap Management	9.33M	$310.59M	+14.5%
Ubs Global Asset Management Americas	8.8M	$292.96M	+29.5%
Barrow Hanley Mewhinney & Strauss	8.32M	$276.95M	-12.3%
Hotchkis & Wiley Capital Management	7.92M	$263.79M	+19.5%

Largest transactions	Shares	Bought/sold	Change
Capital International Investors	10.31M	+8.46M	+457.1%
Dodge & Cox	21.77M	+7.02M	+47.6%
FMR	33.65M	-5.9M	-14.9%
Norges Bank	0	-2.54M	EXIT
Capital World Investors	2.25M	+2.25M	NEW
Wellington Management	3.17M	-2.18M	-40.8%
Ubs Global Asset Management Americas	8.8M	+2M	+29.5%
Citadel Advisors	2M	+2M	NEW
Impala Asset Management	0	-1.48M	EXIT
N Price T Rowe Associates	4.9M	-1.45M	-22.9%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Dakota Plains

Risks

Our business and operations have been and may continue to be adversely affected by the COVID-19 global pandemic or other similar public health developments and the recent reduced demand for oil and natural gas.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

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From filing 10-Q 2020 Q1