HES Hess

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
Website
CEO
John Hess
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
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
Corporate docs
IRS number
134921002
HES stock data
()
News
Piper Sandler Maintains Overweight on Hess, Raises Price Target to $86
1 Apr 21
Benzinga's Top Ratings Upgrades, Downgrades For March 31, 2021
31 Mar 21
10 Biggest Price Target Changes For Wednesday
31 Mar 21
A Look Into Hess Debt
31 Mar 21
Mizuho Upgrades Hess to Buy, Raises Price Target to $94
31 Mar 21
Press releases
Hess Schedules Earnings Release Conference Call
9 Apr 21
Large Ring Energy, Inc. Shareholders Encouraged that Ring Energy Has Followed Recommendations and are Starting to Deliver Shareholder Value
1 Apr 21
Hess to Participate in 49th Annual Scotia Howard Weil Energy Conference
19 Mar 21
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
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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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 |
Recent insider trades
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 |
Institutional ownership Q4 2020
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 |
---|---|
Total holders | 461 |
Opened positions | 78 |
Closed positions | 64 |
Increased positions | 153 |
Reduced positions | 166 |
13F shares |
Current |
---|---|
Total value | 16.7B |
Total shares | 251.98M |
Total puts | 5.13M |
Total calls | 3.45M |
Total put/call ratio | 1.5 |
Largest owners |
Shares | Value |
---|---|---|
FMR | 30.74M | $1.62B |
Vanguard | 29.31M | $1.55B |
BLK Blackrock | 20.92M | $1.1B |
Dodge & Cox | 17.2M | $908.23M |
STT State Street | 16.53M | $872.48M |
Hotchkis & Wiley Capital Management | 9.77M | $515.91M |
Primecap Management | 8.53M | $450.41M |
Barrow Hanley Mewhinney & Strauss | 7.98M | $421.2M |
TROW T. Rowe Price | 7.03M | $371.21M |
BK Bank Of New York Mellon | 5.83M | $307.76M |
Content analysis
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Readability |
H.S. freshman Avg
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New words:
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Removed:
Asia, BS, capped, classification, Concurrent, consecutive, contrast, conversion, covered, delivered, depended, depositary, dilution, divested, enactment, Enchilada, Europe, FASB, fire, fossil, historically, Hod, ii, platform, Pony, prospectively, Ranger, redeem, redemption, regime, restrict, securing, shoot, simplify, Simplifying, split, targeted, terminated, titled, Topic, translating, treated, Turbot, twenty, underwriting, unitizing, upstream, Valhall, Zip
Financial reports
10-K
2020 FY
Annual report
1 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
6 Aug 19
10-Q
2019 Q1
Quarterly report
1 May 19
10-K
2018 FY
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
9 Nov 18
Current reports
8-K
Entry into a Material Definitive Agreement
13 Apr 21
8-K
Departure of Directors or Certain Officers
4 Mar 21
8-K
Hess Reports Estimated Results for the Fourth Quarter of 2020
27 Jan 21
8-K
Regulation FD Disclosure
28 Dec 20
8-K
Departure of Directors or Certain Officers
4 Nov 20
8-K
Hess Reports Estimated Results for the Third Quarter of 2020
28 Oct 20
8-K
Hess Reports Estimated Results for the Second Quarter of 2020
29 Jul 20
8-K
Departure of Directors or Certain Officers
5 Jun 20
8-K
Hess Reports Estimated Results for the First Quarter of 2020
7 May 20
8-K
Entry into a Material Definitive Agreement
17 Mar 20
Registration and prospectus
S-3ASR
Automatic shelf registration
1 Mar 21
15-12B
Securities registration termination
17 Jan 20
25-NSE
Exchange delisting
31 Jan 19
S-3ASR
Automatic shelf registration
27 Feb 18
S-8
Registration of securities for employees
29 Jun 17
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 17
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 17
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 17
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Jun 17
424B5
Prospectus supplement for primary offering
19 Sep 16
Proxies
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEF 14A
Definitive proxy
24 Apr 20
DEFA14A
Additional proxy soliciting materials
25 Apr 19
DEF 14A
Definitive proxy
25 Apr 19
DEFA14A
Additional proxy soliciting materials
27 Apr 18
DEF 14A
Definitive proxy
27 Apr 18
PX14A6G
Letter to shareholders
7 May 17
DEF 14A
Definitive proxy
27 Apr 17
DEFA14A
Additional proxy soliciting materials
27 Apr 17
DEF 14A
Definitive proxy
23 Mar 16
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
UPLOAD
Letter from SEC
4 Jun 18
SD
Conflict minerals disclosure
31 May 18
CORRESP
Correspondence with SEC
22 May 18
UPLOAD
Letter from SEC
10 May 18
UPLOAD
Letter from SEC
17 Dec 17
CORRESP
Correspondence with SEC
8 Nov 17
UPLOAD
Letter from SEC
25 Oct 17
CORRESP
Correspondence with SEC
21 Sep 17
Ownership
4
Change in insider ownership
16 Mar 21
4
HESS / JOHN P RIELLY ownership change
9 Mar 21
4
HESS / Andrew P Slentz ownership change
9 Mar 21
4
HESS / Richard D. Lynch ownership change
9 Mar 21
4
HESS / Barbara J Lowery-Yilmaz ownership change
9 Mar 21
4
HESS / JOHN B HESS ownership change
9 Mar 21
4
HESS / Geurt G Schoonman ownership change
9 Mar 21
4
HESS / Timothy B. Goodell ownership change
9 Mar 21
4
HESS / Gregory P. Hill ownership change
9 Mar 21
4
HESS / Kevin Omar Meyers ownership change
9 Mar 21
Transcripts
2020 Q4
Earnings call transcript
27 Jan 21
2020 Q3
Earnings call transcript
28 Oct 20
2020 Q2
Earnings call transcript
29 Jul 20
2020 Q1
Earnings call transcript
8 May 20
2019 Q4
Earnings call transcript
29 Jan 20
2019 Q3
Earnings call transcript
30 Oct 19
2019 Q2
Earnings call transcript
1 Aug 19
2019 Q1
Earnings call transcript
25 Apr 19
2018 Q4
Earnings call transcript
30 Jan 19
2018 Q3
Earnings call transcript
31 Oct 18
Reddit threads
How DFV's balls felt when he exercised AND bought more
16 Apr 21
GME YOLO update — Apr 16 2021 — final update
16 Apr 21
Edward Woo from Ascendiant and his $10 price target can kiss my hairy gorilla *ss! 💎👊🚀
14 Apr 21
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11 Apr 21
EDIT - everything tastes better crispr
10 Apr 21
Oasis Petroleum (OAS) - "Cigar Butt" level valuation at present?
5 Apr 21
AMC Yolo Update. Still here w/ all 178,727 combined shares.
5 Apr 21
With fake yolos being easy to make, what is a way to actually prove someones position on reddit considering screenshots can be compromised?
3 Apr 21
GME YOLO update — Apr 1 2021
1 Apr 21
GME Megathread for April 01, 2021
1 Apr 21