Hess stock: buy or sell?

HES stock price: $63.15 5.57% At close on August 19th, 2019

Updated on:
August 19th, 2019

3

Hess shares boosted 5.57% to $63.15 today. Monday was the 3rd green day in a row, gaining 6.11%.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas.

Should I buy Hess stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Hess stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Hess stock a buy?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we detected 5 ratings published for HES stock in the last month.

The general sentiment of these ratings is bullish for HES stock, with 3 positive ratings.
Is HES a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-19Barclaysn/aOverweight
2019-6-24Morgan Stanleyn/aBuy
2019-5-15Capital One FinancialUnderweightEqual Weight
2019-1-29StephensOverweightEqual Weight
2019-1-10BarclaysEqual WeightOverweight

Hess stock analysis

Daily outlook

Hess ended today at $63.15 and boosted a super good 5.57%.

Shares of Hess closed today at $63.15 and boosted a super good 5.57%. Since price and SMA200d lines crossed up on June, HES climbed $5.29 (9.14%). Since June when SMA100d and SMA200d crossed up, HES price gained $7.53 per share (13.54%).

HES stock chart (daily)

Weekly outlook

Shares of Hess closed this week at $63.15 and skyrocketed a wonderful 5.57%.

Weekly chart tells us that price is in a simple uptrend, tested $55.63 level and now climbing back aiming its last top at $67.21. By mid June HES price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late May when SMA20w and SMA40w crossed up, HES price slipped $-2.26 per share (-3.46%).

HES stock chart (weekly)

Hess stock price history

Hess IPO was on March 17th, 1980 at $4.41 per share1. Since then, HES stock grew a 1,332.00%, with a yearly average of 34.20%. If you had invested $1,000 in Hess stock in 1980, it would worth $13,320.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Hess stock historical price chart

HES stock reached 52-week highs on October at $73.81, and all-time highs 2008-05-21 with a price of 119.44.

Hess stock price target is $69.00

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' HES stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we only found 1 price target for Hess stock:
HES stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-6-24Morgan StanleySet Price Targetn/a$69.00-
(in average)$0.00$69.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Hess decreased a rough -6.57%. Unfortunately, reported EPS is not yet available in our database.
HES earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-1.46n/a
2017-Q32017-10-25-1.29-1.07n/a
2017-Q42018-02-05-0.91-1.01n/a
2018-Q12018-04-25-0.5-0.27n/a
2018-Q22018-07-25-0.32-0.23n/a
2018-Q32018-10-31-0.050.38n/a
2018-Q42019-01-30-0.44-0.31n/a
2019-Q12019-04-23-0.31n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw an outstanding increase of 15.68% to $6,323.00 M USD. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) boosted a 70.07% to -4.46%.

To have an up to date view of the financial situation of Hess, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Hess TTM sales up to March 2019 were $6,549.00 and earnings were $-144.00 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Hess business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, raised a nice 3.57%. Regarding profit margin, Hess inched 2.26% to -4.46%

HES annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$11,870 M-$3,870 M32.6%-
2014$10,737 M-9.55%$2,317 M21.6%-40.13%
2015$6,636 M-38.20%$-3,056.00 M-46.1%-231.89%
2016$4,762 M-28.24%$-6,132.00 M-128.8%100.65%
2017$5,466 M14.78%$-4,074.00 M-74.5%-33.56%
2018$6,323 M15.68%$-282.00 M-4.5%-93.08%
TTM $6,549 M3.57%$-144.00 M-2.2%-48.94%

Quarterly financial results

Hess reported $1,572.00 M in revenues for 2019-Q1, a -4.73% decline compared to previous quarter. Reported quarter income marked $32.00 million with a profit margin of 2.04%. Profit margin inched a 2.28% compared to previous quarter when profit margin was -0.24%. When comparing sales to same quarter last year, Hess sales marked an exceptional growth and skyrocketed a 16.79%. Looking back to recent quarterly results, Hess posted 2 positive quarters in a row.
HES quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$1,230 M-$-449.00 M-36.5%-
2017-Q3$1,370 M11.38%$-624.00 M-45.5%38.98%
2017-Q4$1,663 M21.39%$-2,677.00 M-161.0%329.01%
2018-Q1$1,346 M-19.06%$-106.00 M-7.9%-96.04%
2018-Q2$1,534 M13.97%$-130.00 M-8.5%22.64%
2018-Q3$1,793 M16.88%$-42.00 M-2.3%-67.69%
2018-Q4$1,650 M-7.98%$-4.00 M-0.2%-90.48%
2019-Q1$1,572 M-4.73%$32.00 M2.0%-900.00%

Hess ownership

When you are planning to invest in shares of a company, it's worth to overview its ownership structure.

Hess shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 11.80% of all shares.

Bearish positions for HES stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related stocks:

HESBPCOPCVXMRO
Market cap$19.2 B$125.3 B$61.0 B$222.9 B$10.5 B
Total shares303.4 M3,400.0 M1,130.0 M1,900.0 M817.9 M
Float shares253.2 M3,320.0 M1,110.0 M1,900.0 M810.9 M
  - Institutional holdings (%)92.4%11.3%75.1%67.5%83.8%
  - Insider holdings (%)11.8%0.0%0.1%0.1%0.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Hess summary

Monday, August 19th, 2019
Open$61.15
Close$63.15
Day range$60.69 - $63.39
Previous close$59.82
Session gain5.57%
Average true range$2.85
50d mov avg$60.88
100d mov avg$61.46
200d mov avg$57.38
Daily patternlt02a
Weekly pattern lb01a

Hess performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Hess against BP p.l.c, , Chevron, Marathon Oil, Occidental Petroleum, China Petroleum & Chemical, Total and Exxon Mobil in the following table:
Stock3m6m12m
HESHess6.64%11.43%-1.37%
BPBP p.l.c-10.27%-10.45%-9.86%
COP-9.47%-22.13%-24.31%
CVXChevron-0.16%0.25%2.57%
MROMarathon Oil-10.74%-23.47%-36.92%
OXYOccidental Petrol...-13.40%-28.92%-39.63%
SNPChina Petroleum &...-11.11%-26.66%-32.75%
TOTTotal-7.17%-11.65%-19.65%
XOMExxon Mobil-5.11%-9.31%-8.77%

Hess competitors

We selected a few stocks to conform a list of Hess competitors to check if you are interested in investing in HES:

Latest Hess stock news