Hess(HES)
Search documents
Hess Becomes Oversold
Forbes· 2024-09-05 15:36
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Hess presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors. Start slideshow: 10 Oversold Dividend Stocks » But ma ...
Hess (HES) Seeks New Partner for Block 59 Offshore Suriname
ZACKS· 2024-08-20 14:02
Hess Corporation (HES) is currently looking for partner(s) to continue exploration at Block 59 offshore Suriname. This block was previously held by a consortium of ExxonMobil, Equinor and Hess, with each company owning a one-third share. However, in July 2024, ExxonMobil and Equinor transferred their ownership to Hess Corporation in a non-financial transaction. According to Staatsolie, the state-owned oil company at Suriname, Hess Corporation has until July 2025 to find a new partner and proceed with the ex ...
Hess(HES) - 2024 Q2 - Quarterly Report
2024-08-08 20:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-1204 DELAWARE (State or Other Jurisdiction of Incorporation or Organization) 13-4921002 (I.R.S. Employer Identification Number) 1185 AVENUE OF THE AMER ...
Hess Corporation: Manifesting The Time Value Of Money
Seeking Alpha· 2024-08-01 10:20
Jeremy Poland Hess Corporation (NYSE:HES) and the other involved parties in the dispute about the interest of Hess in Guyana state that the hearing for arbitration in the matter of the dispute is now going to be in May 2025. That is a long time since Chevron (CVX) made the offer to acquire Hess. The article I wrote on this is dated back in October of 2023. Since that time, another FPSO has begun production and there will be yet another first oil planned in the beginning of fiscal year 2025. Delaying the mer ...
Hess (HES) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 13:40
This quarterly report represents an earnings surprise of 5.65%. A quarter ago, it was expected that this oil and gas producer would post earnings of $1.73 per share when it actually produced earnings of $3.16, delivering a surprise of 82.66%. Hess, which belongs to the Zacks Oil and Gas - Integrated - United States industry, posted revenues of $3.26 billion for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.06%. This compares to year-ago revenues of $2.32 billion. The company has ...
Hess(HES) - 2024 Q2 - Quarterly Results
2024-07-31 11:30
(a) Other in 2023 includes capital and exploratory expenditures mainly associated with Canada. | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------------------------|-------|---------------|-------|------------------------------------------------|-------|-------| | Income Statement \nTotal revenues and non-operating income | | United States | | Six Months Ended June 30, 2024 \nInternational | | Total | | Sales and other operating revenues | $ | 3,063 | $ | 3,435 | $ | ...
Is a Beat in Store for Hess (HES) This Earnings Season?
ZACKS· 2024-07-26 12:35
Hess Corporation (HES) is set to report second-quarter 2024 results on Jul 31, before market open. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 35.7%. This is depicted in the graph below: The Zacks Consensus Estimate for second-quarter earnings per share of $2.44 has witnessed two downward revisions and one upward revision in the past 30 days. The estimated figure suggests an improvement of 275.4% from the prior-year reported number. Hess is anticipat ...
Why Hess (HES) Might be Well Poised for a Surge
ZACKS· 2024-07-19 17:21
The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this oil and gas producer, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. For Hess, there has been strong agreement among the covering analysts in raising earnings estimates, which has helpe ...
Is Hess (HES) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2024-07-19 14:41
The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Hess (HES) one of those stocks right now? A quick glance at the company's yearto-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. Hess is a member of our Oils-Energy group, which includes 249 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sect ...
Why Hess (HES) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-07-16 14:51
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both. It also includes access to the Zacks Style Scores. The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest ...