HES Hess Dashboard

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 Hess

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Manufacturing > Petroleum Refineries

Industry (SIC)

Petroleum Refining

Exxon Mobil • Chevron • Conoco Phillips • Phillips 66 • Valero Energy • Marathon Petroleum • PBF Energy • PBF Energy • HollyFrontier • Delek US ...

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

News

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Expert Ratings for Hess

29 Jul 21

Analysts have provided the following ratings for Hess (NYSE:HES) within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago

Credit Suisse Maintains Neutral on Hess, Raises Price Target to $84

29 Jul 21

Credit Suisse analyst William Janela maintains Hess (NYSE:HES) with a Neutral and raises the price target from $82 to $84.

Hess Q2 EPS $0.24 Beats $0.18 Estimate

28 Jul 21

Hess (NYSE:HES) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.18 by 33.33 percent. This is a 122.86 percent increase over losses of $(1.05) per share from the same period

Earnings Scheduled For July 28, 2021

28 Jul 21

Expert Ratings For Hess

15 Jul 21

Press releases

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Hess Reports Estimated Results for the Second Quarter Of 2021

28 Jul 21

Key Developments: Announced a significant new oil discovery at Whiptail on the Stabroek Block, offshore Guyana; adds to previous gross discovered recoverable resource estimate for the block of approximately 9 billion

Hess Announces Oil Discovery at Whiptail, Offshore Guyana

28 Jul 21

Significant new oil discovery located southeast of Uaru and west of Yellowtail Could form the basis for a future oil development in the Stabroek Block Adds to previous recoverable resource estimate of

Jericho Energy Ventures Co-Leads Investment into Hydrogen Catalyst Discovery Platform

22 Jul 21

H2U has developed a high throughput screening process for discovering electrocatalystsMillions of elemental compositions screened and tested daily for their catalytic valueLow-cost catalysts enable the Hydrogen

Hess Corporation Sets New Emission Reduction Targets, Demonstrates Industry Leading ESG Performance in Newly Released Annual Sustainability Report

21 Jul 21

Hess Schedules Earnings Release Conference Call

9 Jul 21

Calendar

6 May 21

30 Jul 21

31 Dec 21

Financial summary

Financial statements Chart HES financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Hess earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.87B	1.87B	1.87B	1.87B	1.87B	1.87B
Cash burn (monthly)	(positive/no burn)	17.83M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	71.33M	n/a	n/a	n/a	n/a
Cash remaining	n/a	1.79B	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	100.6	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

HES insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	No	No	90.37	7,046	636.75K	58,009
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	No	No	89.61	72,470	6.49M	65,055
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	No	No	88.74	70,484	6.25M	137,525
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	Yes	No	90.37	7,046	636.75K	8,279,037
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	Yes	No	89.61	72,485	6.5M	8,286,083
16 Jun 21	Hess John B	Common Stock, $1.00 par value	Sell	Dispose S	Yes	No	88.74	70,469	6.25M	8,358,568
11 Jun 21	Hill Gregory P.	Common Stock, $1.00 par value	Sell	Dispose S	No	No	89.25	21,713	1.94M	116,544
11 Jun 21	Hill Gregory P.	Common Stock, $1.00 par value	Option exercise	Aquire M	No	No	49.72	21,713	1.08M	138,257
11 Jun 21	Hill Gregory P.	Common Stock, $1.00 par value	Sell	Dispose S	No	No	89.25	31,361	2.8M	116,544
11 Jun 21	Hill Gregory P.	Common Stock, $1.00 par value	Option exercise	Aquire M	No	No	56.74	31,361	1.78M	147,905

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

Institutional ownership Q1 2021

HES institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

82.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	479	463	+3.5%
Opened positions	71	80	-11.3%
Closed positions	55	64	-14.1%
Increased positions	138	153	-9.8%
Reduced positions	185	166	+11.4%

13F shares	Current	Prev Q	Change
Total value	21.96B	16.7B	+31.5%
Total shares	252.92M	252.02M	+0.4%
Total puts	3.53M	5.13M	-31.2%
Total calls	3.16M	3.45M	-8.4%
Total put/call ratio	1.1	1.5	-24.8%

Largest owners	Shares	Value	Change
FMR	35.92M	$2.54B	+16.8%
Vanguard	29.52M	$2.09B	+0.7%
BLK Blackrock	21.58M	$1.53B	+3.2%
STT State Street	18.1M	$1.28B	+9.5%
Dodge & Cox	12.9M	$912.6M	-25.0%
Primecap Management	9.46M	$669.26M	+10.9%
Hotchkis & Wiley Capital Management	9.44M	$667.71M	-3.4%
Barrow Hanley Mewhinney & Strauss	7.8M	$551.79M	-2.3%
TROW T. Rowe Price	6.28M	$444.59M	-10.6%
Ubs Global Asset Management Americas	5.25M	$371.22M	-4.1%

Largest transactions	Shares	Bought/sold	Change
FMR	35.92M	+5.17M	+16.8%
Dodge & Cox	12.9M	-4.31M	-25.0%
Norges Bank	0	-3.92M	EXIT
GS Goldman Sachs	3.3M	+2.37M	+256.0%
STT State Street	18.1M	+1.58M	+9.5%
Wellington Management	1.8M	-1.41M	-44.0%
Citadel Advisors	1.04M	+1.03M	+11364.1%
BK Bank Of New York Mellon	4.84M	-992.76K	-17.0%
Primecap Management	9.46M	+926.04K	+10.9%
Massachusetts Financial Services	3.1M	+840.16K	+37.2%

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

Content analysis

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

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Removed: acquisition, Agency, anticipated, arithmetic, armed, ASU, calculate, calculated, calendar, Canyon, capability, captured, civil, commencement, conflict, declaration, deferral, deferring, determine, determining, developing, discount, discounted, discounting, discretionary, divided, employee, end, entitled, estimating, expensed, forecasted, group, II, improved, inherent, initial, instability, inventory, July, life, magnitude, maintenance, minimizing, Mississippi, mix, model, month, northern, open, participant, peak, peer, portfolio, preserve, preserving, protecting, reach, rest, reviewed, sharp, shifting, significantly, slowdown, spending, sum, Summit, temporary, throughput, trade, twelve, undeveloped, unrest, unweighted, venture, vessel, weak

From filing 10-Q 2021 Q1