Hess stock: buy or sell?

HES stock price: $64.95 -0.32% At close on October 18th, 2019

Updated on:
October 18th, 2019

3

Shares of Hess stayed constant an unpleasant -0.32% and closed at $64.95. With Friday it's been 4 red days in a row.

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?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Hess stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean HES will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Hess stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 6 ratings published for HES stock in the last 30 days.

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
2019-9-23Citigroupn/aNeutral
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

Shares of Hess stayed constant an unpleasant -0.32% and closed at $64.95.

Hess stayed steady an unpleasant -0.32% and closed at $64.95. HES is soaring again after a 4.62% correction from its last top on Oct/11 at $67.76. Since price and SMA200d lines crossed up on June, HES climbed $7.32 (12.70%). On June, SMA100d and SMA200d crossed up triggering a rise of 17.24%.

HES stock chart (daily)

Weekly outlook

After boosting a dazzling 6.56% in a week last week, Hess closed this week at $64.95 and slipped a tragic -2.73%. Late September HES collapsed a hair-raising -9.21% in just one week.

Hess stock just marked a top under its last top. Athought it's not concerning right now, investors should be alerted as this could be a warning for future complications. It's important HES stock price keeps the level, and maybe bounce up from there forming a double bottom pattern. By mid June HES price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since SMA20w and SMA40w crossed up late May, HES price slid a -0.31%.

HES stock chart (weekly)

Hess stock price history

Hess IPO was on March 17th, 1980 at $0.00 per share1. Since then, HES stock surged a inf%, with an average of inf% per year. If you had invested right after HES's IPO a $1,000 in Hess stock in 1980, it would worth $inf today.

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

Hess stock historical price chart

HES stock reached 52-week highs on Sep/16 at $71.06, and all-time highs 2008-05-21 with a price of 118.97.

Hess stock price target is $69.50

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. 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. We found 2 price forecasts for Hess stock posted in the last month:
HES stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-23CitigroupInitiatesn/a$70.00-
2019-6-24Morgan StanleySet Price Targetn/a$69.00-
(in average)$0.00$69.500.0%
The price target for Hess stock is $69.50, moving in a range between $70.00 and $69.00. In average, analysts' outlook on HES price forecast is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Hess presented its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will extend this review.
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

In 2018, Hess annual turnover boosted a dazzling 15.68% to $6,323.00 M USD from $5,466.00 marked in 2017. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) rocketed a 70.07% to -4.46%.

To have an updated picture 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 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Hess business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, grew a decent 3.57%. Similarly, profit margin (net income/sales) stepped up at -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 posted $1,572.00 million in revenues for 2019-Q1, a -4.73% less compared to previous quarter. Reported quarter income marked $32.00 million with a profit margin of 2.04%. Profit margin grew a 2.28% compared to previous quarter when profit margin was -0.24%. When comparing sales to same quarter last year, Hess sales marked a super good 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 a company, it's worth to have a look 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.

The following table compares ownership indicators for other stocks related to Hess:

HESBPCOPCVXMRO
Market cap$19.8 B$127.4 B$59.9 B$218.0 B$9.1 B
Total shares304.5 M3,400.0 M1,110.0 M1,900.0 M804.0 M
Float shares260.1 M3,320.0 M1,090.0 M1,900.0 M801.5 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

Friday, October 18th, 2019
Open$65.26
Close$64.95
Day range$64.69 - $66.15
Previous close$65.16
Session gain-0.32%
Average true range$1.85
50d mov avg$63.19
100d mov avg$61.55
200d mov avg$59.85
Daily patternlb01a
Weekly pattern lt01a

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
HESHess7.59%-0.57%3.97%
BPBP p.l.c-2.88%-12.90%-9.56%
COP-9.90%-16.68%-23.92%
CVXChevron-7.30%-2.33%1.06%
MROMarathon Oil-16.97%-35.39%-44.61%
OXYOccidental Petrol...-21.33%-32.34%-40.66%
SNPChina Petroleum &...-9.19%-18.63%-22.80%
TOTTotal-4.22%-6.74%-10.75%
XOMExxon Mobil-8.72%-14.67%-13.73%

Hess competitors

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

Latest Hess stock news