Research Analysts Issue Forecasts for Hess FY2026 Earnings

Hess Co. (NYSE:HES) – Stock analysts at Capital One Financial cut their FY2026 earnings estimates for Hess in a research note issued to investors on Wednesday, January 8th. Capital One Financial analyst P. Johnston now anticipates that the oil and gas producer will post earnings of $8.78 per share for the year, down from their prior estimate of $8.84. The consensus estimate for Hess’ current full-year earnings is $9.74 per share.

Several other brokerages also recently issued reports on HES. Citigroup upped their price target on shares of Hess from $145.00 to $163.00 and gave the company a “neutral” rating in a report on Friday, December 6th. UBS Group upped their price target on shares of Hess from $173.00 to $185.00 and gave the company a “buy” rating in a report on Tuesday, December 3rd. Mizuho reduced their price objective on shares of Hess from $210.00 to $194.00 and set a “neutral” rating on the stock in a research note on Monday, September 16th. Susquehanna upped their price objective on shares of Hess from $149.00 to $154.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Pickering Energy Partners raised shares of Hess to a “hold” rating in a research note on Friday, January 3rd. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $170.50.

Hess Stock Up 1.9 %

Shares of NYSE HES opened at $142.52 on Friday. Hess has a 12-month low of $123.79 and a 12-month high of $163.98. The company has a market capitalization of $43.91 billion, a PE ratio of 16.61 and a beta of 1.18. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.26 and a quick ratio of 1.13. The firm’s 50-day moving average is $139.95 and its two-hundred day moving average is $139.50.

Hess (NYSE:HES) last announced its quarterly earnings results on Wednesday, October 30th. The oil and gas producer reported $2.14 earnings per share (EPS) for the quarter, beating 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 company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same quarter in the prior year, the firm earned $1.64 earnings per share. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year.

Institutional Investors Weigh In On Hess

Several large investors have recently made changes to their positions in the business. Graypoint LLC increased its position in shares of Hess by 21.6% in the fourth quarter. Graypoint LLC now owns 2,368 shares of the oil and gas producer’s stock worth $315,000 after acquiring an additional 420 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Hess by 5.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,246 shares of the oil and gas producer’s stock worth $848,000 after acquiring an additional 305 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Hess by 64.0% in the fourth quarter. Versant Capital Management Inc now owns 774 shares of the oil and gas producer’s stock worth $103,000 after acquiring an additional 302 shares in the last quarter. Confluence Investment Management LLC increased its position in shares of Hess by 6.6% in the fourth quarter. Confluence Investment Management LLC now owns 4,117 shares of the oil and gas producer’s stock worth $548,000 after acquiring an additional 255 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in shares of Hess by 3.4% in the third quarter. Principal Financial Group Inc. now owns 326,921 shares of the oil and gas producer’s stock worth $44,396,000 after acquiring an additional 10,738 shares in the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

Insider Buying and Selling

In related news, CEO John B. Hess sold 90,476 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $142.47, for a total transaction of $12,890,115.72. Following the completion of the transaction, the chief executive officer now owns 223,147 shares of the company’s stock, valued at approximately $31,791,753.09. This represents a 28.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Geurt G. Schoonman sold 6,000 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $141.91, for a total transaction of $851,460.00. Following the completion of the sale, the senior vice president now directly owns 27,581 shares of the company’s stock, valued at $3,914,019.71. The trade was a 17.87 % 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 valued at $45,856,309. Insiders own 9.76% of the company’s stock.

Hess Dividend Announcement

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

Hess Company Profile

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.