Hess stock: buy or sell?
May 21st, 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. Following a trading strategy 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 collected 3 ratings published for HES stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-15||Capital One Financial||Underweight||Equal Weight|
Hess stock analysis
Hess shares jumped 1.81% to $66.46 today.
Shares of Hess jumped a good 1.81% and closed at $66.46. Since price and SMA200d lines crossed up on March, HES climbed $7.71 (13.12%). From a daily perspective, HES is in a short term uptrend after plotting its last bottom ($61.87, on May/9) higher than the previous bottom, and its last top ($66.72, on Thursday) also over the previous top. Now trading in between its last bottom and last top HES might consolidate in a plain range, waiting to break out over $66.72 or down under $61.87.
Hess ended this week at $66.46 and stepped up a tiny 1.17%. For 3 weeks in a row, price soared and marked a profit of 5.06%.
Hess stock just marked a top under its last top. Athought it's not concerning right now, investors should be aware as this could be a warning for future complications. You should be expectant to Hess price to not slide under , as this would complicate possible price recovery in the short and mid-term. Since this week when SMA20w and SMA40w crossed up, HES price gained $0.77 per share (1.17%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Hess stock price history
Hess stock went public on March 17th, 1980 with a price of $2.581. Since then, HES stock surged a 2,476.00%, with an average of 63.50% per year. If you had invested right after HES's IPO a $1,000 in Hess stock in 1980, it would worth $24,760.00 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 $74.13, and all-time highs 2008-05-21 with a price of 119.95.
Hess stock price targetPredicting 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Hess stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on Apr/23, Hess decreased an unpleasant -2.09%. As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a super good gain of 15.68% to $6,323.00 M USD. Aligned with this, its earnings margin (compared to sales) climbed to -4.46%, that is $-282.00 million. Hess presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Hess TTM sales up to March 2019 were $6,549.00 and earnings $-144.00 M dollars. When comparing this TTM figures with the last reported annuality, we can review Hess business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, raised a fine 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 posted $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 gained 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 extraordinary gain and rocketed a 16.79%. Looking back to recent quarterly results, Hess posted 2 negative 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 stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Hess, 11.80% of all outstanding shares are owned by its staff.
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||$20.2 B||$36.5 B||$855.6 B||$71.9 B||$230.5 B|
|Total shares||303.4 M||502.1 M||20,010.0 M||1,130.0 M||1,900.0 M|
|Float shares||252.9 M||501.0 M||3,330.0 M||1,130.0 M||1,900.0 M|
|- Institutional holdings (%)||92.4%||88.5%||11.3%||75.1%||67.5%|
|- Insider holdings (%)||11.8%||0.3%||0.0%||0.1%||0.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$65.25 - $66.50|
|Average true range||$1.64|
|50d mov avg||$62.66|
|100d mov avg||$57.70|
|200d mov avg||$59.13|
Hess performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Anadarko Petroleum, BP p.l.c, , Chevron, Marathon Oil, Occidental Petroleum, China Petroleum & Chemical, Total and Exxon Mobil as the bechmarking frame for Hess stock.
|SNPChina Petroleum &...||-15.43%||-10.33%||-18.88%|
Hess competitorsWe selected a few stocks to conform a list of Hess competitors to examine if you are interested in investing in HES:
- Anadarko Petroleum (APC)
- 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 - Strong Company And An Acquisition TargetMay 10, 2019
- Seeking AlphaHess And Exxon Mobil Hit 2 More Oil Discoveries Offshore GuyanaFebruary 7, 2019
- Seeking AlphaHess Corporation - The Investment Phase Is Almost Over, Now It's Time For The RewardsDecember 31, 2018
- InvestorPlaceHess Stock Recovers After ‘Venezuelan Protest’ PlungeDecember 27, 2018