Near term Outlook For Hess Corporation (NYSE:HES)


Hess Corporation (NYSE:HES) closed its last session at $45.37. The stock traded within a range of $42.01 and $45.59. The company operates in the Energy sector with a market capitalization of 14.72 Million. Trading volume for Hess Corporation was 6.24 Million in its previous trading session. Currently, Hess Corporation (NYSE:HES) has an average volume of 4.41 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 1 analysts provided their expert opinion as Sell.

Hess Corporation (NYSE:HES) touched its 1-Year High price of $55.48 on 01/11/18 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 $-1.01/Share lagging the analyst estimate of $-0.91/Share by a difference of $-0.1. This showed a surprise of -11% in the last quarter earnings.

For the current quarter, 18 analysts are projecting a mean EPS of $-0.6/share. According to their observations and findings, the stock could provide a high EPS of $-0.3/share and a low EPS of $-0.81/share.

Analysts believe that the company has the potential to earn average revenue of $1.16 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.41 Billion and 1.03 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 5.1 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 BEARISH 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 11.34 Percent and Institutional ownership of 92.4 Percent. The return on assets stands at -21.8%, Return on Equity currently is -43.5% and the Return on Investment value is -27%.

Hess Corporation (NYSE:HES) gross margin percentage stands at 82.5% while its operating margin for the past trailing twelve month is -49.8 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -8.07% with a 50-Day Simple Moving Average of -6.28 percent. As of today, the company has a SMA200 (200-day simple moving average) of 0.41 Percent. The Stock has YTD (year to date) performance of -4.42 percent.

The TTM operating margin for the company stands at -49.8%. The return on invested capital is at -27%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 39.68.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 0.41%, and has a solid year to date (YTD) performance of -4.42% which means that the stock is constantly adding to its value from the previous fiscal year end price.