Equities Analysts Set Expectations for Hess FY2026 Earnings

Hess Co. (NYSE:HES) – Equities researchers at Scotiabank issued their FY2026 earnings per share estimates for shares of Hess in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng expects that the oil and gas producer will post earnings per share of $13.10 for the year. Scotiabank currently has a “Sector Perform” rating and a $167.00 target price on the stock. The consensus estimate for Hess’ current full-year earnings is $9.74 per share.

Hess (NYSE:HES) last issued its earnings results on Wednesday, October 30th. The oil and gas producer reported $2.14 EPS for the quarter, topping the consensus estimate of $1.88 by $0.26. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $2.96 billion. Hess had a return on equity of 27.41% and a net margin of 20.58%. The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.64 EPS.

Several other brokerages have also commented on HES. UBS Group lifted their target price on Hess from $173.00 to $185.00 and gave the stock a “buy” rating in a research report on Tuesday, December 3rd. Wells Fargo & Company upgraded Hess from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $151.00 to $193.00 in a research report on Monday, December 9th. StockNews.com began coverage on Hess in a research report on Sunday, January 5th. They set a “hold” rating for the company. Wolfe Research upgraded Hess from a “peer perform” rating to an “outperform” rating and set a $150.00 price objective for the company in a research report on Monday, September 30th. Finally, Susquehanna boosted their price objective on Hess from $149.00 to $154.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $170.50.

Hess Price Performance

Shares of HES opened at $139.59 on Friday. The firm has a market cap of $43.01 billion, a price-to-earnings ratio of 16.27 and a beta of 1.18. The stock has a 50 day moving average of $139.85 and a 200-day moving average of $139.62. The company has a current ratio of 1.26, a quick ratio of 1.13 and a debt-to-equity ratio of 0.75. Hess has a 52 week low of $123.79 and a 52 week high of $163.98.

Hess Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.43%. Hess’s dividend payout ratio (DPR) is presently 23.31%.

Insiders Place Their Bets

In other news, CEO John B. Hess sold 92,894 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $147.80, for a total value of $13,729,733.20. Following the sale, the chief executive officer now owns 229,465 shares of the company’s stock, valued at approximately $33,914,927. The trade was a 28.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Geurt G. Schoonman sold 6,000 shares of the business’s stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $141.91, for a total value of $851,460.00. Following the sale, the senior vice president now directly owns 27,581 shares in the company, valued at $3,914,019.71. This trade represents a 17.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 314,370 shares of company stock worth $45,856,309. 9.76% of the stock is owned by company insiders.

Institutional Investors Weigh In On Hess

A number of institutional investors and hedge funds have recently modified their holdings of HES. Wellington Management Group LLP raised its position in shares of Hess by 58.9% during the third quarter. Wellington Management Group LLP now owns 3,753,126 shares of the oil and gas producer’s stock worth $509,675,000 after purchasing an additional 1,391,311 shares during the period. HBK Investments L P raised its position in shares of Hess by 16.7% during the third quarter. HBK Investments L P now owns 7,117,820 shares of the oil and gas producer’s stock worth $966,600,000 after purchasing an additional 1,017,720 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of Hess by 31.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 3,318,822 shares of the oil and gas producer’s stock worth $450,696,000 after purchasing an additional 785,270 shares during the period. Hsbc Holdings PLC raised its position in shares of Hess by 76.4% during the second quarter. Hsbc Holdings PLC now owns 1,532,132 shares of the oil and gas producer’s stock worth $227,273,000 after purchasing an additional 663,338 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Hess by 64.3% during the second quarter. Bank of Montreal Can now owns 1,449,969 shares of the oil and gas producer’s stock worth $218,220,000 after purchasing an additional 567,550 shares during the period. 88.51% of the stock is owned by institutional investors and hedge funds.

Hess Company Profile

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.