What’s The Story Behind Hess Corporation (NYSE:HES)


Hess Corporation (NYSE:HES) closed its last session at $54.72. The stock traded within a range of $53.18 and $55.48. The company operates in the Energy sector with a market capitalization of 16.87 Million. Trading volume for Hess Corporation was 5.53 Million in its previous trading session. Currently, Hess Corporation (NYSE:HES) has an average volume of 4.25 Million.

Company Profile

New York-based Hess Corporation, previously known as Amerada Hess Corporation, is a global exploration and production company that develops, produces, purchases, transports and sells crude oil and natural gas. The company’s E&P activities are concentrated in Algeria, Australia, Azerbaijan, Brazil, Denmark, Egypt, Equatorial Guinea, Gabon, Ghana, Indonesia, Libya, Malaysia, Norway, Russia, Thailand, the United Kingdom and the United States. As of year-end 2014, Hess’ proved reserves tally stood at 1.43 billion oil-equivalent barrels. In 2013, Hess sold its gas stations and exited the refining business to operate as a pure play E&P.

Analyst Views

Hess Corporation (NYSE:HES) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Hess Corporation (NYSE:HES) touched its 1-Year High price of $60.13 on 01/17/17 and its 1-Year Low price of $37.25 on 08/30/17.

EPS & Financials

Hess Corporation (NYSE:HES) reported its EPS in the last quarter as $-1.07/Share beating the analyst estimate of $-1.29/Share by a difference of $0.22. This showed a surprise of 17.1% in the last quarter earnings.

For the current quarter, 19 analysts are projecting a mean EPS of $-0.87/share. According to their observations and findings, the stock could provide a high EPS of $-0.41/share and a low EPS of $-1.49/share.

Analysts believe that the company has the potential to earn average revenue of $1.35 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.52 Billion and 1.25 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Hess Corporation (NYSE:HES) has a 20-Day average volume of 4.41 Million. According to today’s trading volume Hess Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 11.32 Percent and Institutional ownership of 92.1 Percent. The return on assets stands at -22.8%, Return on Equity currently is -45.6% and the Return on Investment value is -27%.

Hess Corporation (NYSE:HES) gross margin percentage stands at 74.5% while its operating margin for the past trailing twelve month is -94.7 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 15.17% with a 50-Day Simple Moving Average of 18.64 percent. As of today, the company has a SMA200 (200-day simple moving average) of 21.55 Percent. The Stock has YTD (year to date) performance of 15.27 percent.

The TTM operating margin for the company stands at -94.7%. The return on invested capital is at -27%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 45.47.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 21.55%, and has a solid year to date (YTD) performance of 15.27% which means that the stock is constantly adding to its value from the previous fiscal year end price.