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Energy - Oil & Gas Exploration & Production - NYSE - US
$ 144.46
0.557 %
$ 44.7 B
Market Cap
20.04
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one HES stock under the worst case scenario is HIDDEN Compared to the current market price of 144 USD, Hess Corporation is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one HES stock under the base case scenario is HIDDEN Compared to the current market price of 144 USD, Hess Corporation is HIDDEN

This DCF valuation model was last updated on Jun, 21, 2025.

The intrinsic value of one HES stock under the best case scenario is HIDDEN Compared to the current market price of 144 USD, Hess Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart HES

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$165.0$165.0$160.0$160.0$155.0$155.0$150.0$150.0$145.0$145.0$140.0$140.0$135.0$135.0$130.0$130.0$125.0$125.0Jan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 AprMay '25May '2515 May15 MayJun '25Jun '2515 Jun15 Jun
FINANCIALS
12.9 B REVENUE
22.69%
4.78 B OPERATING INCOME
64.86%
3.15 B NET INCOME
128.08%
5.6 B OPERATING CASH FLOW
42.06%
-4.94 B INVESTING CASH FLOW
-20.03%
-1.18 B FINANCING CASH FLOW
-88.20%
2.94 B REVENUE
-6.46%
781 M OPERATING INCOME
-53.73%
522 M NET INCOME
-3.69%
1.4 B OPERATING CASH FLOW
6.78%
-1.01 B INVESTING CASH FLOW
41.99%
-238 M FINANCING CASH FLOW
9.85%
Balance Sheet Hess Corporation
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Current Assets 3.17 B
Cash & Short-Term Investments 1.17 B
Receivables 0
Other Current Assets 2 B
Non-Current Assets 23.4 B
Long-Term Investments 0
PP&E 20.7 B
Other Non-Current Assets 2.72 B
4.41 %7.54 %77.82 %10.23 %Total Assets$26.6b
Current Liabilities 2.83 B
Accounts Payable 0
Short-Term Debt 369 M
Other Current Liabilities 2.46 B
Non-Current Liabilities 11.7 B
Long-Term Debt 9.09 B
Other Non-Current Liabilities 2.63 B
16.89 %62.49 %18.08 %Total Liabilities$14.5b
EFFICIENCY
Earnings Waterfall Hess Corporation
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Revenue 12.9 B
Cost Of Revenue 2.72 B
Gross Profit 10.2 B
Operating Expenses 5.4 B
Operating Income 4.78 B
Other Expenses 1.62 B
Net Income 3.15 B
14b14b12b12b10b10b8b8b6b6b4b4b2b2b0013b(3b)10b(5b)5b(2b)3bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
78.90% GROSS MARGIN
78.90%
37.03% OPERATING MARGIN
37.03%
21.47% NET MARGIN
21.47%
24.69% ROE
24.69%
10.43% ROA
10.43%
14.35% ROIC
14.35%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Hess Corporation
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2b2b1b1b500m500m00(500m)(500m)(1b)(1b)(1b)(1b)(2b)(2b)(2b)(2b)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 3.15 B
Depreciation & Amortization 2.49 B
Capital Expenditures -4.95 B
Stock-Based Compensation 100 M
Change in Working Capital -753 M
Others -139 M
Free Cash Flow 654 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Hess Corporation
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Wall Street analysts predict an average 1-year price target for HES of $168 , with forecasts ranging from a low of $145 to a high of $199 .
HES Lowest Price Target Wall Street Target
145 USD 0.37%
HES Average Price Target Wall Street Target
168 USD 16.57%
HES Highest Price Target Wall Street Target
199 USD 37.75%
Price
Max Price Target
Min Price Target
Average Price Target
200200190190180180170170160160150150140140130130120120Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26Jun '26Jun '26Jul '26Jul '26
4. DIVIDEND ANALYSIS
0.32% DIVIDEND YIELD
0.5 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
2.00002.00001.80001.80001.60001.60001.40001.40001.20001.20001.00001.00000.80000.80000.60000.60000.40000.40000.20000.20000.00000.00000.250.250.250.250.250.250.250.3750.43750.43750.50.250.250.250.250.250.250.250.3750.43750.43750.50.250.250.250.250.250.250.250.3750.43750.50.251.000.251.000.251.000.251.000.251.000.251.000.251.000.3751.500.43751.750.51.881.002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 12
6. Ownership
Insider Ownership Hess Corporation
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Sold
0-3 MONTHS
64 M USD 1
3-6 MONTHS
64.7 M USD 2
6-9 MONTHS
138 M USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Hess Outperforms Industry in 6 Months: Should You Buy the Stock? The HES stock climbs 13% in six months, beating sector peers as disciplined costs and Guyana growth fuel investor optimism. zacks.com - 2 weeks ago
Golden Buying Opportunity For Big Dividend Investors: 8-9% Yields Set To Soar High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms. seekingalpha.com - 3 weeks ago
5 All-Star High-Yield Dividend Stocks Every Boomer Should Own While reaching retirement age can be both a blessing and a curse, relying on the U.S. government to provide for your needs is not the best idea. The full retirement age is 66 if you were born from 1943 to 1954. The full retirement age increases gradually for those born from 1955 to 1960, reaching 67. For anyone born in 1960 or later, full retirement benefits are payable at age 67. While the December 2024 interest rate cut of 25 basis points may be the last until the fall, it is an excellent bet that the federal funds rate will be lower than today’s effective rate of 4.23%, which is already below the long-term average of 4.61%. Therefore, high-quality, high-yield dividend stocks are expected to remain in strong demand. 24/7 Wall St. Key Points: Baby boomers may get a nice tax break on their Social Security income. President Trump’s “Big Beautiful Bill” should address the current tax on seniors’ government checks. Many on Wall Street think the bill will pass this summer. Are you generating solid passive income from high-yield dividend stocks? Why not schedule a meeting with a financial advisor near you for a complete portfolio review? Click here to get started today. (Sponsored) At 24/7 Wall St., we have closely followed dividend-paying stocks for over 15 years. With a growing audience of savvy baby boomers and retirees seeking safe income ideas that deliver more than the 10-year Treasury bond’s 4.38% bi-annual dividend, we have screened hundreds of stocks, looking for recurring, dependable dividend payouts and a degree of safety that allows for a good night’s sleep. Five companies that all pay a higher yield than the 10-year note are our all-star picks that every baby boomer should own. Top Wall Street firms have Buy ratings on all five. Why do we cover high-yield dividend stocks? High-yield dividend stocks offer investors a reliable source of passive income. Passive income is characterized by its ability to generate revenue without requiring the earner’s continuous active effort, making it a desirable financial strategy for those seeking to diversify their income streams or achieve financial independence. Bristol-Myers Squibb Bristol Myers Squibb Co. (NYSE: BMY) is a global biopharmaceutical company committed to discovering, developing, and delivering innovative medicines. This remains a solid pharmaceutical stock to own in the long term, as it offers an outstanding entry point with a reliable dividend. Bristol-Myers Squibb provides transformative medicines for patients with serious diseases in areas such as oncology, hematology, immunology, cardiovascular disease, neuroscience, and other therapeutic areas. Its platforms comprise chemically synthesized or small-molecule drugs, including protein degraders, as well as biologics produced through biological processes. These platforms also encompass ADCs, CAR-T cell therapies, and radiopharmaceutical therapeutics. Small-molecule drugs are typically administered orally in the form of tablets or capsules, although other drug delivery mechanisms are also employed. Biologics are usually administered through injections or by intravenous infusion. CAR-T cell therapies are administered by intravenous infusion. Its growth portfolio includes: Opdivo Opdivo Quantiq Orencia Yervoy Reblozyl Opdualag Bristol-Myers Squibb’s legacy portfolio includes: Eliquis Revlimid Pomalyst/Imnovid Sprycel Abraxane Chevron This American multinational energy corporation predominantly specializes in oil and gas. The integrated giant is a safer option for investors looking to position themselves in the energy sector, and it pays a substantial dividend, which was recently raised by 5%. Chevron Corp. (NYSE: CVX) operates integrated energy and chemicals businesses worldwide through its subsidiaries. The company operates in two segments. The Upstream segment is involved in the following: Exploration, development, production, and transportation of crude oil and natural gas Processing, liquefaction, transportation, and regasification associated with liquefied natural gas Transportation of crude oil through pipelines, and transportation, storage Marketing of natural gas, as well as operating a gas-to-liquids plant The Downstream segment engages in: Refining crude oil into petroleum products Marketing crude oil, refined products, and lubricants Manufacturing and marketing renewable fuels Transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car Manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives It also involves cash management, debt financing, insurance operations, real estate, and technology businesses. Chevron announced in late 2023 that it has entered into a definitive agreement with Hess Corp. (NYSE: HES) to acquire all of the outstanding shares of Hess in an all-stock transaction valued at $53 billion, or $171 per share based on Chevron’s closing price on October 20, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron stock for each Hess share held. The transaction’s total enterprise value, including debt, is $60 billion. The Federal Trade Commission approved the deal last October, and it is expected to close this summer. Jefferies has a Buy rating with a price objective of $197. Conagra Brands Conagra Brands Inc. (NYSE: CAG) manufactures and sells products under various brands in supermarkets, restaurants, and foodservice establishments. This is the ideal company for nervous investors, as it pays shareholders a substantial and secure dividend. Conagra operates primarily as a consumer packaged goods food company in the United States. The company operates through four segments: Grocery & Snacks Refrigerated & Frozen International Foodservice The Grocery & Snacks segment primarily offers shelf-stable food products through various retail channels. The Refrigerated & Frozen segment provides temperature-controlled food products through various retail channels. The International segment offers food products in various temperature states through retail and food service channels outside the United States. The Foodservice segment offers branded and customized food products, including meals, entrees, sauces, and various custom-manufactured culinary products packaged for restaurants and other food service establishments. The company sells its products under these familiar brands: Birds Eye Marie Callender’s Duncan Hines Healthy Choice Slim Jim Reddi-Wip Angie’s BOOMCHICKAPOP Eversource Energy This energy provider serves customers in the northeast part of the United States, and it posted strong first-quarter earnings. This conservative stock idea is off the radar and comes with a rich dividend. Eversource Energy (NYSE: ES) is a public utility holding company that provides energy delivery services. The company operates through four segments: Electric Distribution Electric Transmission Natural Gas Distribution Water Distribution segments It is involved in transmitting and distributing electricity, as well as operating solar power facilities and natural gas facilities. The company operates regulated water utilities that provide water services to approximately 241,000 customers. It serves residential, commercial, industrial, municipal, and fire protection customers in Connecticut, Massachusetts, and New Hampshire. Simon Property Group Simon Property Group Inc. (NYSE: SPG), a leading real estate company, is a self-administered and self-managed real estate investment trust (REIT). It owns, develops, and manages premier shopping, dining, entertainment, and mixed-use destinations, primarily consisting of malls, Premium Outlets, and The Mills. The company owns or holds an interest in approximately 196 income-producing properties in the United States, which consist of: 93 malls 70 Premium Outlets 14 Mills Six lifestyle centers 13 other retail properties in 37 states and Puerto Rico It also holds an interest in 22 regional, super-regional, and outlet malls in the United States and Asia. Additionally, it has redevelopment and expansion projects, including the addition of anchors, big-box tenants, and restaurants, underway at properties in North America, Europe, and Asia. Internationally, the company owns 35 premium outlets and designer outlet properties, primarily located in Asia, Europe, and Canada. It also has two luxury outlet destinations in Italy. Four Strong Buy Bargain Energy Stocks With Ultra-High-Yield Dividends From 7% to Over 20% The post 5 All-Star High-Yield Dividend Stocks Every Boomer Should Own appeared first on 24/7 Wall St.. https://247wallst.com - 4 weeks ago
Hess Midstream LP Announces Updated Governance HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES UPDATED GOVERNANCE. businesswire.com - 1 month ago
Hess Midstream: A Compelling Opportunity Despite Recent Noise HESM offers a secure 7.4% yield, strong contract protections, and resilient fee-based revenue, making the recent sell-off overdone despite legal headlines. The CLR lawsuit targets Hess Corp, not Hess Midstream, and poses no legal or contract risk to HESM's stable, long-term agreements running through 2033. HESM's robust balance sheet, active buybacks, and expected 7% annual distribution growth support an attractive ~14% long-term total return. seekingalpha.com - 1 month ago
Hess (HES) Up 3% Since Last Earnings Report: Can It Continue? Hess (HES) reported earnings 30 days ago. What's next for the stock? zacks.com - 1 month ago
Occidental vs. Hess: Which Energy Stock Deserves a Spot in Your Folio? Occidental Petroleum and Hess Corporation are strong operators in the oil and gas industry. OXY currently has the edge over HES with a higher dividend yield and lower valuation. zacks.com - 1 month ago
Exxon says it is confident it will win dispute over Chevron-Hess deal The arbitration proceedings in Exxon Mobil's contractual dispute over Chevron's planned acquisition of Hess concluded this week and a decision is expected in about two to three months, said Exxon senior vice president Neil Chapman on Thursday. reuters.com - 1 month ago
Hess Midstream LP Announces Pricing of Secondary Public Offering of Class A Shares HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A SHARES. businesswire.com - 1 month ago
Hess Midstream LP Announces Secondary Public Offering of Class A Shares HOUSTON--(BUSINESS WIRE)---- $HESM--HESS MIDSTREAM LP ANNOUNCES SECONDARY PUBLIC OFFERING OF CLASS A SHARES. businesswire.com - 1 month ago
Hess Corporation: Another Platform Begins Operations Soon (Rating Upgrade) Hess Corporation's Guyana project is set to add a fourth platform. The arbitration decision, expected a few months after late May, could reassess Hess's value. Hess' earnings growth is driven by the Guyana project's expansion. seekingalpha.com - 1 month ago
Exxon, Hess to face off over Chevron deal for oilfield riches Top U.S. oil producer Exxon Mobil and Hess will meet face-to-face on Monday in a court hearing to determine the fate of Chevron's $53 billion deal to buy Hess and with it a prized stake in Guyana's prolific oilfields. reuters.com - 1 month ago
8. Profile Summary

Hess Corporation HES

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COUNTRY US
INDUSTRY Oil & Gas Exploration & Production
MARKET CAP $ 44.7 B
Dividend Yield 0.32%
Description 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. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.
Contact 1185 Avenue of the Americas, New York City, NY, 10036 https://www.hess.com
IPO Date March 17, 1980
Employees 1797
Officers Mr. John B. Hess Chief Executive Officer & Director Mr. Timothy B. Goodell J.D. Executive Vice President, General Counsel, Corporate Secretary & Chief Compliance Officer Ms. Barbara J. Lowery-Yilmaz Senior Vice President & Chief Exploration Officer Mr. Jay R. Wilson Vice President of Investor Relations Mr. Andrew P. Slentz Senior Vice President of Human Resources & Office Management Mr. Gregory P. Hill Chief Operating Officer and President of Exploration & Production Mr. Jonathan C. Stein Senior Vice President of Strategy and Planning & Chief Risk Officer Ms. Lorrie Hecker Vice President of Communications Mr. Richard Lynch Senior Vice President of Technology & Services Mr. John P. Rielly CPA Executive Vice President & Chief Financial Officer