Hess(HES)

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Here's Why Hess (HES) is a Strong Momentum Stock
ZACKS· 2025-01-23 15:51
Core Insights - Zacks Premium offers tools for investors to enhance their stock market strategies, including daily updates, research reports, and stock screens [1] - The Zacks Style Scores provide a framework for evaluating stocks based on value, growth, and momentum, aiding in identifying securities likely to outperform the market [2][3] Value Score - The Value Style Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow to find attractive investment opportunities [3] Growth Score - The Growth Style Score emphasizes a company's financial health and future potential by analyzing projected and historical earnings, sales, and cash flow to identify stocks with sustainable growth [4] Momentum Score - The Momentum Style Score helps investors capitalize on price trends by assessing factors like short-term price changes and monthly earnings estimate shifts, guiding optimal entry points for stocks [5] VGM Score - The VGM Score combines the Value, Growth, and Momentum Scores, serving as a comprehensive indicator to identify stocks with the best overall potential based on weighted styles [6] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to assist investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [7][8] Stock to Watch: Hess (HES) - Hess is a prominent oil and natural gas exploration and production company, primarily active in offshore Guyana, the U.S. Gulf of Mexico, and other regions [12] - Currently rated 3 (Hold) by Zacks, Hess has a VGM Score of A and a Momentum Style Score of A, with shares increasing by 11.5% over the past four weeks [12][13] - Recent upward revisions in earnings estimates by analysts have raised the Zacks Consensus Estimate for Hess to $9.40 per share, with an average earnings surprise of 29% [13]
Will Hess (HES) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2025-01-13 18:21
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Hess (HES) . This company, which is in the Zacks Oil and Gas - Integrated - United States industry, shows potential for another earnings beat.When looking at the last two reports, this oil and gas producer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 9.74%, on average, in t ...
Hedge Funds Boost Oil Positions: Is a Major Rally on the Horizon?
MarketBeat· 2024-12-27 13:01
Whenever retail investors can get their hands on the latest set of investment flow data, they should pay attention to it. Not only to figure out who is buying what and what asset classes – or individual stocks – might come into favor in the following months but actually so that they can connect the dots with whatever trends and themes are developing in the broader markets and economy. This way, instead of blindly following a hedge fund manager or a mega investor, there is a chance to know more in-depth reas ...
DIRTT Welcomes Holly Hess Groos to the Board of Directors
GlobeNewswire News Room· 2024-11-26 22:08
CALGARY, Alberta, Nov. 26, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”), a leader in industrialized construction, is pleased to announce that Holly Hess Groos is joining the DIRTT Board of Directors effective November 26, 2024 and will also serve as the Chair of the Audit Committee. Effective November 26, 2024, Scott Robinson, current Board Chair and Audit Committee Chair, will step down from his role as Audit Committee Chair. Ms. Groos is a senior financial executi ...
Hess(HES) - 2024 Q3 - Quarterly Report
2024-11-06 21:15
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 September 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 HESS CORPORATION (Exact Name of Registrant as Specified in Its Charter) DELAWARE (State or Other Jurisdiction of Incorporation or Organizatio ...
Hess Q3 Earnings Beat Estimates, Revenues Rise Year Over Year
ZACKS· 2024-10-30 15:10
Hess Corporation (HES) reported third-quarter 2024 adjusted earnings per share (EPS) of $2.14, which beat the Zacks Consensus Estimate of $1.88. The bottom line improved from the year-ago level of $1.64. Total quarterly revenues increased to $3,197 million from $2,837 million in the year-ago period. The top line also beat the Zacks Consensus Estimate of $3,084 million. The strong quarterly results can be attributed to higher oil equivalent production volumes. Operational Update Exploration & Production The ...
Hess (HES) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-30 13:40
Hess (HES) came out with quarterly earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 13.83%. A quarter ago, it was expected that this oil and gas producer would post earnings of $2.48 per share when it actually produced earnings of $2.62, delivering a surprise of 5.65%. Over the last four quarters, the company ...
Hess(HES) - 2024 Q3 - Quarterly Results
2024-10-30 11:30
Exhibit 99.1 HESS CORPORATION HESS REPORTS ESTIMATED RESULTS FOR THE THIRD QUARTER OF 2024 Third Quarter Financial and Operational Highlights: • In September, the Corporation announced a 14% increase in its quarterly dividend, to $0.50 per share ($2.00 per share annualized) • Net income was $498 million, or $1.62 per share, in the third quarter of 2024, compared with net income of $504 million, or $1.64 per share, in the third quarter of 2023 • Adjusted net income was $660 million, or $2.14 per share, in th ...
3 Oil Stocks to Watch Before Earnings Come Out
MarketBeat· 2024-10-28 13:59
Earnings season can be a volatile period for stock ownership due to the uncertainty surrounding whether the underlying companies' results will beat or disappoint. However, there are ways for investors to gauge the trends behind certain companies, landing them on the bullish or bearish side of earnings expectations. Making for potential opportunities, specific trends in the energy sector could make three oil stocks worth watching before, during, and after their earnings are announced this week. With some of ...
Hess Corporation to Report Q3 Earnings: What to Expect?
ZACKS· 2024-10-25 19:11
Hess Corporation (HES) is set to report third-quarter 2024 results on Oct. 30, before the opening bell. In the last reported quarter, Hess' earnings of $2.62 per share beat the Zacks Consensus Estimate of $2.48, driven by higher oil equivalent production volumes and increased realized commodity prices. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The company beat on earnings in each of the trailing four quarters, delivering an average surprise of 33.6%. This is depicted in the gra ...