Hess stock: buy or sell?
August 19th, 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?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.
|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?
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-15||Capital One Financial||Underweight||Equal Weight|
Hess stock analysis
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%).
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%).
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 $69.00Nobody 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:
|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 ShareAfter posting its last earnings report on April, Hess decreased a rough -6.57%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%
|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 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.
|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 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:
|Market cap||$19.2 B||$125.3 B||$61.0 B||$222.9 B||$10.5 B|
|Total shares||303.4 M||3,400.0 M||1,130.0 M||1,900.0 M||817.9 M|
|Float shares||253.2 M||3,320.0 M||1,110.0 M||1,900.0 M||810.9 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, August 19th, 2019|
|Day range||$60.69 - $63.39|
|Average true range||$2.85|
|50d mov avg||$60.88|
|100d mov avg||$61.46|
|200d mov avg||$57.38|
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 &...||-11.11%||-26.66%||-32.75%|
Hess competitorsWe selected a few stocks to conform a list of Hess competitors to check 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