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Hess Corp (HESpA.PFD) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Hess Corp (HESpA.PFD) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Hess Corp is an oil and gas company involved in the exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations. with and P/S ratio of 2.77. The dividend yield of Hess Corp stocks is 6.79%.


For the last quarter Hess Corp reported a revenue of $1.7 billion, compared with the revenue of $1.7 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $6.3 billion, an increase of 15.7% from last year. For the last five years Hess Corp had an average revenue decline of 14.6% a year. The Hess Corp had an operating margin of 8.41%, compared with the operating margin of -21.75% a year before. The 10-year historical median operating margin of Hess Corp is 9.31%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Hess Corp has the cash and cash equivalents of $2.7 billion, compared with $4.8 billion in the previous year. The long term debt was $6.6 billion, compared with $6.4 billion in the previous year. The interest coverage to the debt is 1.3, which is not a favorable level. Hess Corp has a financial strength rank of 5 (out of 10).

For the complete 20-year historical financial data of HESpA.PFD, click here.

This article first appeared on GuruFocus.