|Bid||65.86 x 800|
|Ask||65.88 x 1000|
|Day's Range||65.66 - 66.59|
|52 Week Range||35.59 - 74.81|
|Beta (3Y Monthly)||2.19|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||1.00 (1.73%)|
|1y Target Est||67.35|
Hess Corporation (HES) today announced a new discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated gross discovered recoverable resource of more than 5.5 billion barrels of oil equivalent on the Stabroek Block. “Yellowtail marks the 13th significant discovery on the Stabroek Block,” said CEO John Hess.
Hess (HES) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clashes in Libya drove oil prices to multi-month highs last week. Pullbacks in these three energy sector ETFs provide a trading opportunity.
Friday was a big day for many oil stock names after Chevron agreed to buy Anadarko Petroleum for $33 billion. Meanwhile another stock, Chesapeake Energy Corporation (NYSE:CHK), fell due to some Wall Street commentary. Let's take a closer look at Chesapeake, Exxon Mobil Corporation (NYSE:XOM), Devon Energy Corp (NYSE:DVN), Hess Corporation (NYSE:HES), and Concho Resources Inc. (NYSE:CXO), and see how the […]
While gurus hold positions in these companies, the share price and returns continue to fall. The company, which produces crude oil and natural gas, has a $75.32 billion market cap. The share price of $66 is 17.06% below its 52-week high and 17.27% above its 52-week low.
U.S. equities are extending their breakout move -- with the Dow Jones Industrial Average extending above the 26,000 level -- pushing closer to the prior record highs set back in October.Optimism surrounds the ongoing U.S.-China trade discussion, with President Trump hinting that an agreement could be forthcoming in a matter of weeks, removing the other major worry aside from Federal Reserve tightening that spooked the market late last year. And we know just how obviously the Fed has turned tail and become super dovish in recent months.The economic data has been good as well with manufacturing activity out of China perking up and the March U.S. jobs report coming in solid.InvestorPlace - Stock Market News, Stock Advice & Trading TipsEnergy stocks are leading the way higher as crude oil prices keep elevating ahead of the start of the summer driving season. West Texas Intermediate crude has pushed up and over its 200-day moving average and is nearing the $63-a-barrel threshold for the first time since November. * 10 Dangerous Dividend Stocks to Avoid A number of cheaper, smaller names in the space are looking ready for big moves higher. Here are seven energy stocks to watch: EOG Resources (EOG) Click to EnlargeShares of EOG Resources (NYSE:EOG) are moving back to challenge overhead resistance near $100 that has been in play since January. A breakout here would set up a run at the November/December highs and the 200-day moving average, which would be worth a gain of more than 10% from here. The company was recently upgraded by analysts at Tudor Pickering.The company will next report results on May 3 after the close. Analysts are looking for earnings of 99 cents per share on revenues of $4.1 billion. When the company last reported on Feb. 26, earnings of $1.24 per share missed estimates by 12 cents on a 36.9% rise in revenues. Shares trade at a reasonable 15x forward price-to-earnings multiple. Occidental Petroleum (OXY) Click to EnlargeShares of Occidental Petroleum (NYSE:OXY) are exiting a tight year-to-date consolidation range to return to levels not seen since early December. Watch for another test of the 200-day moving average, which proved insurmountable back in November, but would be worth at least a near-5% gain from here. Management recently noted plans to double crude exports to 600,000 barrels per day by 2020. * 10 Best Stocks for 2019: The Race Is On The company will next report results on May 14 after the close. Analysts are looking for earnings of 76 cents per share on revenues of more than $4.1 billion. When the company last reported on Feb. 12, earnings of $1.22 beat estimates by 6 cents on a 33.8% rise in revenues. Shares trade at a reasonable 15x forward price-to-earnings multiple. Anadarko Petroleum (APC) Click to EnlargeShares of Anadarko Petroleum (NYSE:APC) are rounding up in what looks like the end of a long downtrend going back to July 2018. Watch for a test of the 200-day moving average, which would be worth a gain of roughly 20% from here. Analysts at Citigroup recently resumed coverage on the stock with a buy rating.The company will next report results on May 7 after the close. Analysts are looking for earnings of 25 cents per share on revenues of $2.9 billion. When the company last reported on Feb. 5, earnings of 38 cents per share missed estimates by 24 cents on a 14.3% rise in revenues. Shares trade at a 17x forward price-to-earnings multiple. Apache Corp (APA) Click to EnlargeShares of Apache Corp (NYSE:APA) are continuing to rise within the uptrend channel established in December, challenging its November highs. Investors are continuing to react to the solid capital budget and production outlook management released in early February. * 7 High-Risk Stocks With Big Potential Rewards The company will next report results on May 29 after the close. Analysts are looking for earnings of 8 cents per share on revenues of $1.6 billion. When the company last reported on Feb. 27, earnings of 31 cents per share beat estimates by 4 cents on an 11.3% rise in revenues. Shares look a bit pricey on an earnings basis, but look good on a price-to-sales metric trading at 1.7x. Hess (HES) Click to EnlargeHess (NYSE:HES) shares are among the most extended here, already above their 200-day moving average and returning to October's trading levels. But there is likely more upside to come, with a return to the prior high worth a gain of more than 17% from here.The company will next report results on April 25 before the bell. Analysts are looking for a loss of 24 cents per share on revenues of $1.6 billion. When the company last reported on Jan. 30, a loss of 31 cents per share beat estimates by 7 cents on a 30.3% rise in revenues. Shares look a bit pricey on a valuation basis, but price momentum suggests things aren't overdone just yet. Marathon Oil (MRO) Click to EnlargeShares of Marathon Oil (NYSE:MRO) are battling with the highs set in March, attempting to break free of a multi-month consolidation range. The company is selling its U.K. businesses for roughly $140 million as management focuses 95% of its 2019 capital budget on four key U.S. resource plays. * 7 A-Rated Healthcare Stocks for Industry Expansion The company will next report results on May 15 after the close. Analysts are looking for earnings of 7 cents per share on revenues of $1.2 billion. When the company last reported on Feb. 13, earnings of 15 cents per share beat estimates by a penny on a 27.7% rise in revenues. Shares trade at a price-to-earnings multiple of just 13.2x. Devon Energy (DVN) Click to EnlargeShares of Devon Energy (NYSE:DVN) are pushing higher, also within the confines of a multi-month consolidation range, and are nearing resistance from both their 200-day moving average and their November highs. Watch for a breakout here, despite a recent downgrade from analysts at RBC Capital Markets, as higher energy prices provide a tailwind for the entire sector.The company will next report results on April 30 after the close. Analysts are looking for earnings of 27 cents on revenues of $2 billion. When the company last reported on Feb. 19, earnings of 10 cents per share missed estimates by 23 cents on revenues of $2.7 billion. Shares trade at a forward price-to-earnings multiple of 13x.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Data Center Buys That Deliver Sizable Income * 7 High-Risk Stocks With Big Potential Rewards * 3 Marijuana Stocks to Watch as New York, New Jersey Delay Legalization Compare Brokers The post 7 Cheap Energy Stocks to Buy Now appeared first on InvestorPlace.
Hess Corporation (HES) announced today that it will hold a conference call on Thursday, April 25, 2019 at 10 a.m. Eastern Time to discuss its first quarter 2019 earnings release. To phone into the conference call, parties in the United States should dial 877-693-6685 and enter the pass code 7774919 after 9:45 a.m. Outside the United States, parties should dial 443-295-9223 and enter the pass code 7774919. This conference call will also be accessible by webcast (audio only).
In 2008, Scott Mayo, son of an experienced investor Richard Mayo (who co-founded Boston-based money manager GMO) launched his own hedge fund called Game Creek Capital. The fund got the seed money from Richard Mayo, and it was run by Scott until his unfortunate death in 2010. Then, it was taken over by Sean Murphy, […]
Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don't publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That's why we analyze the […]
Crude oil keeps climbing as Indian stocks hit new all-time highs, but the S&P 500 barely eked out a gain for the day, forming a spinning top.
Upstream Stocks: Who Moved the Most and the Least in Q1 Upstream stocksIn the first quarter of 2019, Hess Corporation (HES) rose the most among the energy stocks in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP). Hess’s
Given a favorable macro environment, Helmerich & Payne (HP) is poised to grow on the back of efficient drilling fleet and technologically-advanced FlexRigs.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! It is doubtless a positive to see that the Hess Corporation (NYSE:HES) share price has gained some 49% in the last three m...
Analysts' Latest Price Target and Recommendations for Hess(Continued from Prior Part)Hess’s implied volatilityOn March 27, Hess Corporation’s (HES) implied volatility was 34.7%, ~4% higher than its 15-day average. On the same day, Apache
Analysts' Latest Price Target and Recommendations for HessAnalysts’ recommendations Based on Reuters data, among the 25 analysts tracking Hess Corporation (HES), 44% have given it “holds,” 48% have given it “buys,” and 8% have given it
Oil Traders: Be Careful with Your Long Positions(Continued from Prior Part)Oil prices and energy stocksOn March 28, US crude oil active futures fell 0.9% and closed at $59.41 per barrel. US crude oil prices closed lower for the second consecutive
The Zacks Analyst Blog Highlights: Energy Transfer, Phillips 66, Marathon, Hess and Marathon Oil.
Hess Corp NYSE:HESView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate and increasing * Economic output in this company's sector is contracting Bearish sentimentShort interest | NegativeShort interest is moderately high for HES with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on March 15. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, growth of ETFs holding HES is favorable, with net inflows of $17.11 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. 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.