Equities Analysts Set Expectations for Hess FY2026 Earnings

Hess Co. (NYSE:HES) – Scotiabank issued their FY2026 EPS estimates for Hess in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng anticipates that the oil and gas producer will post earnings of $13.10 per share for the year. Scotiabank has a “Sector Perform” rating and a $167.00 price objective on the stock. The consensus estimate for Hess’ current full-year earnings is $9.74 per share.

Hess (NYSE:HES) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas producer reported $2.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.88 by $0.26. Hess had a net margin of 20.58% and a return on equity of 27.41%. The business had revenue of $3.20 billion for the quarter, compared to analyst estimates of $2.96 billion. During the same period in the previous year, the company earned $1.64 earnings per share. The business’s revenue for the quarter was up 12.7% on a year-over-year basis.

A number of other equities research analysts have also weighed in on HES. UBS Group boosted their price objective on shares of Hess from $173.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Wells Fargo & Company raised shares of Hess from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $151.00 to $193.00 in a report on Monday, December 9th. Mizuho dropped their price objective on shares of Hess from $210.00 to $194.00 and set a “neutral” rating on the stock in a report on Monday, September 16th. StockNews.com began coverage on shares of Hess in a report on Sunday, January 5th. They set a “hold” rating on the stock. Finally, Susquehanna boosted their price objective on shares of Hess from $149.00 to $154.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $170.50.

Hess Price Performance

NYSE HES opened at $142.52 on Friday. The firm has a market capitalization of $43.91 billion, a P/E ratio of 16.61 and a beta of 1.18. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. Hess has a 12-month low of $123.79 and a 12-month high of $163.98. The firm’s fifty day simple moving average is $139.95 and its two-hundred day simple moving average is $139.50.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Covestor Ltd raised its position in shares of Hess by 59.8% during the 3rd quarter. Covestor Ltd now owns 262 shares of the oil and gas producer’s stock worth $36,000 after purchasing an additional 98 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in Hess during the 3rd quarter valued at about $37,000. Eastern Bank purchased a new stake in Hess during the 3rd quarter valued at about $48,000. LRI Investments LLC grew its stake in Hess by 157.2% during the 3rd quarter. LRI Investments LLC now owns 355 shares of the oil and gas producer’s stock valued at $51,000 after acquiring an additional 217 shares in the last quarter. Finally, Coastline Trust Co purchased a new stake in Hess during the 3rd quarter valued at about $55,000. Institutional investors and hedge funds own 88.51% of the company’s stock.

Insiders Place Their Bets

In other Hess news, SVP Geurt G. Schoonman sold 6,000 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $141.91, for a total value of $851,460.00. Following the completion of the transaction, the senior vice president now owns 27,581 shares in the company, valued at approximately $3,914,019.71. This represents a 17.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO John B. Hess sold 90,476 shares of the company’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $142.47, for a total transaction of $12,890,115.72. Following the transaction, the chief executive officer now owns 223,147 shares of the company’s stock, valued at approximately $31,791,753.09. This trade represents a 28.85 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 314,370 shares of company stock worth $45,856,309. Company insiders own 9.76% of the company’s stock.

Hess Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.50 dividend. The ex-dividend date was Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.40%. Hess’s dividend payout ratio (DPR) is currently 23.31%.

About Hess

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 operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.