|Bid||60.71 x 900|
|Ask||60.77 x 800|
|Day's Range||60.67 - 61.85|
|52 Week Range||35.59 - 74.81|
|Beta (3Y Monthly)||2.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.00 (1.62%)|
|1y Target Est||N/A|
Tropical Storm Barry is expected to bring heavy rain and cause dangerous flooding across southeastern Louisiana.
Hess Corp NYSE:HESView full report here! Summary * Perception of the company's creditworthiness is neutral * Bearish sentiment is moderate and declining * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is moderate for HES with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 25. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.43 billion over the last one-month into ETFs that hold HES are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. HES credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Hess Corp. might have run too far, too fast. Investors may want to consider taking profits in this one, Jim Cramer said during the Lightning Round of Mad Money on Monday night. In this daily bar chart of HES, below, we can see three potential peaks in April, May and June.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
Whiting Petroleum might report positive earnings this quarter compared to an adjusted net loss of $0.16 per share last quarter. On June 24, Suntrust Robinson reduced its target price on Whiting Petroleum by $5 to $35.
Investors need to pay close attention to Hess Corporation (HES) stock based on the movements in the options market lately.
Meanwhile, gasoline futures shot up 5% on Philadelphia Energy Solutions' decision to permanently close its oil refinery in Philadelphia following last week's devastating fire.
Clashes in Libya drove oil prices to multi-month highs last week. Pullbacks in these three energy sector ETFs provide a trading opportunity.
On June 25–July 1, Hess is expected to close between $58.82 and $64.36 68% of the time. The forecast is based on Hess’s implied volatility of 38.5%.
On June 26, the EIA is scheduled to announce last week’s US crude oil inventory data. A fall of equal to or more than ~7 million barrels could help the inventories spread contract. A Reuters poll suggests a fall of 2.9 MMbbls.
Hess's forward EV-to-EBITDA multiple is ~7.5x Analysts’ mean target price ~$70.83, which implies a potential upside of ~15% based on its last closing price.
Disturbances in Iran intensified on Jun 13, when two oil tankers were set on fire in the Strait of Hormuz, for which the United States blamed Tehran.
The federal governments EIA report revealed that crude inventories fell by 3.1 million barrels for the week ending Jun 14, after rising to a nearly 2-year high in the previous week.
The big news overnight were reports that two energy tankers were attacked in the Persian Gulf, near the critical Strait of Hormuz chokepoint. All eyes are on the Iranians, who are locked in a sanctions stalemate with the United States and have threatened to attack energy infrastructure in the region.For now, Tehran is denying responsibility. But traders on Wall Street are busily bidding up crude oil and energy stocks as recent bearishness driven by growing inventories fades fast. This follows Wednesday's 4% lurch lower in West Texas Intermediate, which was testing support near the $50-a-barrel level. * 7 High-Quality Cheap Stocks to Buy With $10 For investors looking to take advantage of rising tensions -- calling to memory the mining of the Persian Gulf in decades past -- consider these four stocks:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oil Stocks to Buy: Schlumberger (SLB)Shares of oilfield services provider Schlumberger (NYSE:SLB) are bouncing off of support near the late-December lows, setting the stage for a challenge of the 50-day moving average. Such a move would be worth a gain of 11% from here. Shares were recently upgraded to "buy" by analysts at Stifel.The company will next report results on July 19 before the bell. Analysts are looking for earnings of 35 cents per share on revenues of $8.1 billion. When the company last reported on April 18, earnings of 30 cents per share matched estimates on a 0.6% rise in revenues. Philips 66 (PSX)Shares of oil stock Philips 66 (NYSE:PSX) are enjoying the formation of a solid base of support near the $85-a-share level and look ready for a push towards a combination of resistance near $87.50 -- the confluence of its upper Bollinger Band, its 50-day moving average and its mid-May high. A breakout from here would put the mid-April high near $98 in play, which would be worth a gain of 14% from here. * 7 Stocks to Buy for the Coming Recession The company will next report results on July 26 before the bell. Analysts are looking for earnings of $2.35 on revenues of $26.9 billion. When the company last reported on April 30, earnings of 40 cents per share beat estimates by five cents. Hess (HES)Shares of Hess (NYSE:HES) are challenging their 200-day moving average after finding support near its early March lows. Watch for a third attempt at the $67.50 level, which would be worth a gain of roughly 17% from here. Hess is an independent oil and gas producer that has seen its shares churn sideways for more than a decade. Nothing like the specter of another conflict in the Middle East to break the malaise.The company will next report results on July 24 before the bell. Analysts are looking for a break-even results on revenues of $1.6 billion. When the company last reported on April 25, earnings of nine cents per share beat estimates by 36 cents on a 15% rise in revenues. Chevron (CVX)Shares of Chevron (NYSE:CVX) are breaking up and out of a three-month consolidation range after finding support under their 200-day moving average. Watch for another challenge of the $125-a-share level that has bounded its range since late 2017. Analysts at Citigroup recently resumed coverage of the stock with a buy rating. * 7 Dark Horse Stocks Winning the Race in 2019 The company will next report results on July 26 before the bell. Analysts are looking for earnings of $2.02 per share on revenues of $41.5 billion. When the company last reported on April 26, earnings of $1.39 beat estimates by six cents on a 6.8% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Quality Cheap Stocks to Buy With $10 * 7 U.S. Stocks to Buy With Limited Trade War Exposure * 6 Growth Stocks That Could Be the Next Big Thing Compare Brokers The post 4 Oil and Gas Stocks to Buy appeared first on InvestorPlace.