Hess stock: buy or sell?
October 18th, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-15||Capital One Financial||Underweight||Equal Weight|
Hess stock analysis
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%.
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%.
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 $69.50Predicting 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-6-24||Morgan Stanley||Set Price Target||n/a||$69.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%.
|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||$5,466 M||14.78%||$-4,074.00 M-74.5%||-33.56%|
|2018||$6,323 M||15.68%||$-282.00 M-4.5%||-93.08%|
|TTM||$6,549 M||3.57%||$-144.00 M-2.2%||-48.94%|
Quarterly financial resultsHess 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.
|2017-Q2||$1,230 M||-||$-449.00 M-36.5%||-|
|2017-Q3||$1,370 M||11.38%||$-624.00 M-45.5%||38.98%|
|2017-Q4||$1,663 M||21.39%||$-2,677.00 M-161.0%||329.01%|
|2018-Q1||$1,346 M||-19.06%||$-106.00 M-7.9%||-96.04%|
|2018-Q2||$1,534 M||13.97%||$-130.00 M-8.5%||22.64%|
|2018-Q3||$1,793 M||16.88%||$-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 ownershipWhen 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:
|Market cap||$19.8 B||$127.4 B||$59.9 B||$218.0 B||$9.1 B|
|Total shares||304.5 M||3,400.0 M||1,110.0 M||1,900.0 M||804.0 M|
|Float shares||260.1 M||3,320.0 M||1,090.0 M||1,900.0 M||801.5 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, October 18th, 2019|
|Day range||$64.69 - $66.15|
|Average true range||$1.85|
|50d mov avg||$63.19|
|100d mov avg||$61.55|
|200d mov avg||$59.85|
Hess performanceTo 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:
|SNPChina Petroleum &...||-9.19%||-18.63%||-22.80%|
Hess competitorsWe chose a few stocks to conform a list of Hess competitors to examine if you are interested in investing in HES:
- BP p.l.c (BP)
- Chevron (CVX)
- Marathon Oil (MRO)
- Occidental Petroleum (OXY)
- China Petroleum & Chemical (SNP)
- Total (TOT)
- Exxon Mobil (XOM)
Latest Hess stock news
- Seeking AlphaHess Corporation: Big Guyana Discoveries Turn The TideJune 30, 2019
- Seeking AlphaHess Midstream Partners: Here's Why You Should Consider Buying This MLPJune 27, 2019
- Seeking AlphaHess Midstream: Value Is Approaching Limited Partner Unit PriceJune 23, 2019
- Seeking AlphaHess: Expensive For A ReasonJune 3, 2019
- Seeking AlphaHess Corporation - Strong Company And An Acquisition TargetMay 10, 2019