Hess Co. (NYSE:HES – Free Report) – Capital One Financial decreased their Q1 2025 earnings per share estimates for shares of Hess in a research note issued to investors on Wednesday, March 19th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will earn $1.97 per share for the quarter, down from their prior estimate of $2.08. The consensus estimate for Hess’ current full-year earnings is $8.08 per share. Capital One Financial also issued estimates for Hess’ Q2 2025 earnings at $1.85 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $2.59 EPS, FY2025 earnings at $8.76 EPS and FY2026 earnings at $9.40 EPS.
Hess (NYSE:HES – Get Free Report) last announced its earnings results on Wednesday, January 29th. The oil and gas producer reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.32. Hess had a return on equity of 26.32% and a net margin of 21.27%.
Hess Stock Performance
NYSE:HES opened at $156.59 on Friday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.12. The stock has a market capitalization of $48.28 billion, a PE ratio of 17.40 and a beta of 1.21. Hess has a fifty-two week low of $123.79 and a fifty-two week high of $163.98. The company has a fifty day moving average of $146.73 and a two-hundred day moving average of $140.83.
Hess Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.28%. The ex-dividend date is Monday, March 17th. Hess’s payout ratio is currently 22.22%.
Hedge Funds Weigh In On Hess
Several institutional investors and hedge funds have recently bought and sold shares of HES. Wellington Management Group LLP increased its holdings in shares of Hess by 58.9% during the 3rd quarter. Wellington Management Group LLP now owns 3,753,126 shares of the oil and gas producer’s stock worth $509,675,000 after buying an additional 1,391,311 shares during the last quarter. HBK Investments L P lifted its position in Hess by 16.7% in the third quarter. HBK Investments L P now owns 7,117,820 shares of the oil and gas producer’s stock valued at $966,600,000 after buying an additional 1,017,720 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Hess by 46.3% during the fourth quarter. Bank of New York Mellon Corp now owns 2,930,509 shares of the oil and gas producer’s stock worth $389,787,000 after buying an additional 927,093 shares during the period. Symmetry Investments LP increased its position in shares of Hess by 154.1% during the fourth quarter. Symmetry Investments LP now owns 1,381,076 shares of the oil and gas producer’s stock valued at $183,697,000 after acquiring an additional 837,662 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Hess by 31.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,318,822 shares of the oil and gas producer’s stock valued at $450,696,000 after acquiring an additional 785,270 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.
About Hess
Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.
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