Is Hess Stock a Good Investment?

Hess Investment Advice

HES

To provide specific investment advice or recommendations on Hess Corporation stock, we recommend investors consider the following general factors when evaluating Hess Corporation. This will help you to make an informed decision on whether to include Hess in one of your diversified portfolios:

Examine Hess' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Hess' leadership team and their track record. Good management can help Hess navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Hess' business and its evolving consumer preferences.
Compare Hess' performance and market position to its competitors. Analyze how Hess is positioned in terms of product offerings, innovation, and market share.
Check if Hess pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Hess' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Hess Corporation stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hess Corporation is a good investment.

Sell

Buy

Strong Sell

Macroaxis provides investment recommendation on Hess to complement and cross-verify current analyst consensus on Hess. Our trade recommendations engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Hess Corporation is not overpriced, please check out all Hess fundamentals, including its cash flow from operations, working capital, and the relationship between the cash per share and number of employees . Given that Hess has a price to earning of 24.05 X, we strongly advise you to confirm Hess market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Market Performance	Good	Details
Volatility	Very steady	Details
Hype Condition	Low key	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Very Small	Details
Economic Sensitivity	Follows the market closely	Details
Investor Sentiment	Alarmed	Details
Analyst Consensus	Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Unlikely Manipulator	Details

Examine Hess Stock

Researching Hess' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 80.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.13. Hess recorded earning per share (EPS) of 6.52. The entity last dividend was issued on the 15th of March 2024. The firm had 3:1 split on the 1st of June 2006.

To determine if Hess is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hess' research are outlined below:

	Hess is unlikely to experience financial distress in the next 2 years
	Over 80.0% of the company shares are owned by institutional investors
	On 28th of March 2024 Hess paid $ 0.4375 per share dividend to its current shareholders
	Latest headline from cnbc.com: Jim Cramers top 10 things to watch in the stock market Friday

Hess Quarterly Cost Of Revenue

1.69 Billion

Hess uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hess Corporation. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hess' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	31st of January 2024 Upcoming Quarterly Report	View
	24th of April 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	31st of January 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Hess' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hess' investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
1997-04-21	1997-03-31	0.03	0.02	-0.01	33
2019-07-31	2019-06-30	-0.11	-0.09	0.02	18
2015-01-28	2014-12-31	0.2	0.18	-0.02	10
1999-10-22	1999-09-30	0.22	0.19	-0.03	13
1997-10-22	1997-09-30	0.11	0.08	-0.03	27
1996-10-21	1996-09-30	0.07	0.1	0.03	42
2002-01-23	2001-12-31	0.36	0.32	-0.04	11
1996-04-22	1996-03-31	0.2	0.24	0.04	20

Know Hess' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Hess is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hess Corporation backward and forwards among themselves. Hess' institutional investor refers to the entity that pools money to purchase Hess' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
Pentwater Capital Management Lp	2023-12-31	3.9 M
Massachusetts Financial Services Company	2023-12-31	3.9 M
Balyasny Asset Management Llc	2023-12-31	3.9 M
Barclays Plc	2023-12-31	3.7 M
Morgan Stanley - Brokerage Accounts	2023-12-31	3.5 M
Goldman Sachs Group Inc	2023-12-31	3.5 M
Bank Of America Corp	2023-12-31	3.4 M
Millennium Management Llc	2023-12-31	3 M
Ubs Asset Mgmt Americas Inc	2023-12-31	2.8 M
Vanguard Group Inc	2023-12-31	31.8 M
Fmr Inc	2023-12-31	25.5 M

Note, although Hess' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hess' market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 50.08 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hess's market, we take the total number of its shares issued and multiply it by Hess's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

14.09 Billion

Hess' profitablity analysis

Hess' profitability indicators refer to fundamental financial ratios that showcase Hess' ability to generate income relative to its revenue or operating costs. If, let's say, Hess is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hess' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hess' profitability requires more research than a typical breakdown of Hess' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.

	Last Reported	Projected for Next Year
Return On Tangible Assets	0.06	0.06
Return On Capital Employed	0.15	0.09
Return On Assets	0.06	0.06
Return On Equity	0.15	0.16

The company has Net Profit Margin of 0.18 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.47 %, which entails that for every 100 dollars of revenue, it generated $0.47 of operating income.

Determining Hess' profitability involves analyzing its financial statements and using various financial metrics to determine if Hess is a good buy. For example, gross profit margin measures Hess' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hess' profitability and make more informed investment decisions.

The data published in Hess' official financial statements usually reflect Hess' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Hess. For example, before you start analyzing numbers published by Hess accountants, it's critical to develop an understanding of what Hess' liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.

Please note, the presentation of Hess' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hess' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Hess' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Hess Corporation. Please utilize our Beneish M Score to check the likelihood of Hess' management manipulating its earnings.

Evaluate Hess' management efficiency

Hess has Return on Asset of 0.1003 % which means that on every $100 spent on assets, it made $0.1003 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2469 %, implying that it generated $0.2469 on every 100 dollars invested. Hess' management efficiency ratios could be used to measure how well Hess manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Hess' Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.06 in 2024, whereas Return On Capital Employed is likely to drop 0.09 in 2024. At this time, Hess' Non Currrent Assets Other are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 4.5 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 15.8 B in 2024.

	Last Reported	Projected for Next Year
Book Value Per Share	29.38	21.26
Net Current Asset Value	0.00	0.00
Tangible Asset Value	0.00	0.00
Tangible Book Value Per Share	30.21	20.15
Enterprise Value Over EBITDA	9.80	10.29
Price Book Value Ratio	4.91	5.15
Enterprise Value Multiple	9.80	10.29
Price Fair Value	4.91	5.15
Enterprise Value	15.3 B	8.7 B

The analysis of Hess' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Hess' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Hess Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.

Dividend Yield

0.0108

Forward Dividend Yield

0.0108

Forward Dividend Rate

1.75

Beta

1.275

Basic technical analysis of Hess Stock

As of the 30th of April, Hess retains the Downside Deviation of 1.53, risk adjusted performance of 0.1184, and Market Risk Adjusted Performance of 0.4519. Hess technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Hess, which can be compared to its competitors. Please check out Hess variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hess is priced fairly, providing market reflects its last-minute price of 163.13 per share. Given that Hess Corporation has jensen alpha of 0.1857, we strongly advise you to confirm Hess's regular market performance to make sure the company can sustain itself at a future point.

Hess' insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hess insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hess' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hess insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		John Hess over a month ago Disposition of 135900 shares by John Hess of Hess at 146.02 subject to Rule 16b-3
		Karyn Ovelmen over a month ago Acquisition by Karyn Ovelmen of 1398 shares of Hess subject to Rule 16b-3
		Mykel Ziolo over a year ago Exercise or conversion by Mykel Ziolo of 12000 shares of Hess subject to Rule 16b-3

Hess' Outstanding Corporate Bonds

Hess issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hess uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hess bonds can be classified according to their maturity, which is the date when Hess Corporation has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	US42809HAF47 Corp Bond US42809HAF47	View
	US42809HAG20 Corp Bond US42809HAG20	View
	US42809HAH03 Corp Bond US42809HAH03	View
	US42809HAC16 Corp Bond US42809HAC16	View
	US42809HAD98 Corp Bond US42809HAD98	View

View All Hess Corporate Bonds

Understand Hess' technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Hess' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	0.1184
	Market Risk Adjusted Performance	0.4519
	Mean Deviation	0.9579
	Semi Deviation	1.28
	Downside Deviation	1.53
	Coefficient Of Variation	551.45
	Standard Deviation	1.3
	Variance	1.7
	Information Ratio	0.1129
	Jensen Alpha	0.1857
	Total Risk Alpha	0.0608
	Sortino Ratio	0.0962
	Treynor Ratio	0.4419
	Maximum Drawdown	6.77
	Value At Risk	(2.29)
	Potential Upside	1.69
	Downside Variance	2.33
	Semi Variance	1.64
	Expected Short fall	(0.96)
	Skewness	(0.36)
	Kurtosis	0.9407

	Risk Adjusted Performance	0.1184
	Market Risk Adjusted Performance	0.4519
	Mean Deviation	0.9579
	Semi Deviation	1.28
	Downside Deviation	1.53
	Coefficient Of Variation	551.45
	Standard Deviation	1.3
	Variance	1.7
	Information Ratio	0.1129
	Jensen Alpha	0.1857
	Total Risk Alpha	0.0608
	Sortino Ratio	0.0962
	Treynor Ratio	0.4419
	Maximum Drawdown	6.77
	Value At Risk	(2.29)
	Potential Upside	1.69
	Downside Variance	2.33
	Semi Variance	1.64
	Expected Short fall	(0.96)
	Skewness	(0.36)
	Kurtosis	0.9407

Consider Hess' intraday indicators

Hess intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hess stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	27153.28
	Daily Balance Of Power	0.25
	Rate Of Daily Change	1.0
	Day Median Price	162.78
	Day Typical Price	162.9
	Price Action Indicator	0.65
	Period Momentum Indicator	0.6
	Relative Strength Index	46.49

Hess Corporate Filings

	29th of April 2024 Other Reports	View Verify
	26th of April 2024 Other Reports	View Verify
8K	25th of April 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify
13A	10th of April 2024 An amended filing to the original Schedule 13G	View Verify

Hess time-series forecasting models is one of many Hess' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hess' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Hess Stock media impact

Far too much social signal, news, headlines, and media speculation about Hess that are available to investors today. That information is available publicly through Hess media outlets and privately through word of mouth or via Hess internal channels. However, regardless of the origin, that massive amount of Hess data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Hess news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hess relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hess' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hess alpha.

Hess Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Hess can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Hess Historical Investor Sentiment

Investor biases related to Hess' public news can be used to forecast risks associated with an investment in Hess. The trend in average sentiment can be used to explain how an investor holding Hess can time the market purely based on public headlines and social activities around Hess Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Hess' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hess and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Hess news discussions. The higher the estimate score, the more favorable the investor's outlook on Hess.

Hess Maximum Pain Price across 2024-05-03 Option Contracts

Hess' options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Hess close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Hess' options.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hess without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Hess Corporate Directors

Hess corporate directors refer to members of a Hess board of directors. The board of directors generally takes responsibility for the Hess' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hess' board members must vote for the resolution. The Hess board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

Kevin Meyers	Independent Director	Profile
Rodney Chase	Independent Director	Profile
Terrence Checki	Independent Director	Profile
John Mullin	Independent Director	Profile

How to buy Hess Stock?

Examine Hess' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Hess' leadership team and their track record. Good management can help Hess navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Hess' business and its evolving consumer preferences.
Compare Hess' performance and market position to its competitors. Analyze how Hess is positioned in terms of product offerings, innovation, and market share.
Check if Hess pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Hess' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

Already Invested in Hess Corporation?

The danger of trading Hess Corporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hess is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hess. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hess is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

When determining whether Hess is a strong investment it is important to analyze Hess' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess' future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports: