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

Chevron • Exxon Mobil • Valero Energy • Marathon Petroleum • Conoco Phillips • Phillips 66 • 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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Piper Sandler Maintains Overweight on Hess, Raises Price Target to $86

1 Apr 21

Piper Sandler analyst Ryan Todd maintains Hess (NYSE:HES) with a Overweight and raises the price target from $69 to $86.

Benzinga's Top Ratings Upgrades, Downgrades For March 31, 2021

31 Mar 21

10 Biggest Price Target Changes For Wednesday

31 Mar 21

UBS boosted the price target on Apple Inc. (NASDAQ: AAPL) from $115 to $142. Apple shares rose 1.6% to $121.79 in pre-market trading.

A Look Into Hess Debt

31 Mar 21

Mizuho Upgrades Hess to Buy, Raises Price Target to $94

31 Mar 21

Press releases

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Hess Schedules Earnings Release Conference Call

9 Apr 21

Hess Corporation (NYSE:HES) announced today that it will hold a conference call on Wednesday, April 28, 2021 at 10 a.m. Eastern Time to discuss its first quarter 2021 earnings release. To phone into the conference

Large Ring Energy, Inc. Shareholders Encouraged that Ring Energy Has Followed Recommendations and are Starting to Deliver Shareholder Value

1 Apr 21

HOUSTON, April 1, 2021 /PRNewswire/ -- American Resources, Inc., and SK Energy LLC, the investment vehicle of Dr. Simon Kukes, one of the largest shareholders of Ring Energy, Inc. (NYSE:REI), announced today that we are

Hess to Participate in 49th Annual Scotia Howard Weil Energy Conference

19 Mar 21

Hess Corporation (NYSE:HES) announced today that John Hess, Chief Executive Officer, will speak at the 49th Annual Scotia Howard Weil Energy Conference on March 23, 2021 at 10:00 a.m. Eastern Time. A presentation will

Hess Announces Sale of Interests in Denmark

18 Mar 21

Hess Announces Regular Quarterly Dividend On Common Stock

3 Mar 21

Calendar

1 Mar 21

22 Apr 21

31 Dec 21

Financial summary

Financial statements Chart HES financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 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)	1.74B	1.74B	1.74B	1.74B	1.74B	1.74B
Cash burn (monthly)	(positive/no burn)	(positive/no burn)	(positive/no burn)	237.5M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	n/a	n/a	n/a	888.95M	n/a	n/a
Cash remaining	n/a	n/a	n/a	850.05M	n/a	n/a
Runway (months of cash)	n/a	n/a	n/a	3.6	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
15 Mar 21	Hess	Class B Shares	Other	Dispose J	Yes	No	0	3,450,000	0	129,758,464
15 Mar 21	Hess	Class A Shares	Sell	Dispose S	Yes	No	20.27	3,450,000	69.93M	0
15 Mar 21	Hess	Class A Shares	Conversion	Aquire C	Yes	No	0	3,450,000	0	3,450,000
15 Mar 21	Hess	Opco Class B Units Class A Shares	Conversion	Dispose C	Yes	No	0	3,450,000	0	129,758,464
6 Mar 21	David Mcmanus	Common Stock, $1.00 par value	Grant	Aquire A	No	No	0	2,332	0	35,530
6 Mar 21	Terrence J. Checki	Common Stock, $1.00 par value	Grant	Aquire A	No	No	0	2,332	0	23,576
6 Mar 21	Coleman Leonard S JR	Common Stock, $1.00 par value	Grant	Aquire A	No	No	0	2,332	0	17,033
6 Mar 21	Duato Joaquin	Common Stock, $1.00 par value	Grant	Aquire A	No	No	0	2,332	0	6,392

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

Institutional ownership Q4 2020

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.

82.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	461	447	+3.1%
Opened positions	78	47	+66.0%
Closed positions	64	55	+16.4%
Increased positions	153	172	-11.0%
Reduced positions	166	145	+14.5%

13F shares	Current	Prev Q	Change
Total value	16.7B	10.23B	+63.3%
Total shares	251.98M	250.15M	+0.7%
Total puts	5.13M	5.86M	-12.5%
Total calls	3.45M	3.18M	+8.7%
Total put/call ratio	1.5	1.8	-19.4%

Largest owners	Shares	Value	Change
FMR	30.74M	$1.62B	+4.3%
Vanguard	29.31M	$1.55B	-4.8%
BLK Blackrock	20.92M	$1.1B	+0.6%
Dodge & Cox	17.2M	$908.23M	-6.0%
STT State Street	16.53M	$872.48M	+5.5%
Hotchkis & Wiley Capital Management	9.77M	$515.91M	+15.7%
Primecap Management	8.53M	$450.41M	+1.0%
Barrow Hanley Mewhinney & Strauss	7.98M	$421.2M	+0.9%
TROW T. Rowe Price	7.03M	$371.21M	+6.5%
BK Bank Of New York Mellon	5.83M	$307.76M	-4.1%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	3.92M	+3.92M	NEW
Ubs Global Asset Management Americas	5.47M	-2.95M	-35.0%
Capital World Investors	4.01M	+1.5M	+60.0%
Capital International Investors	0	-1.5M	EXIT
Vanguard	29.31M	-1.47M	-4.8%
Hotchkis & Wiley Capital Management	9.77M	+1.32M	+15.7%
FMR	30.74M	+1.28M	+4.3%
Dodge & Cox	17.2M	-1.11M	-6.0%
Citadel Advisors	9.1K	-1.1M	-99.2%
Caxton Associates	0	-1.01M	EXIT

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. freshman Avg

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From filing 10-K 2020 FY