Hess stock: buy or sell?

HES stock price: $66.46 1.81% At close on May 21st, 2019

Updated on:
May 21st, 2019

3

Hess jumped a good 1.81% and closed at $66.46.

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.

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 collected 3 ratings published for HES stock in the last month.

Is HES a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-15Capital One FinancialUnderweightEqual Weight
2019-1-29StephensOverweightEqual Weight
2019-1-10BarclaysEqual WeightOverweight

Hess stock analysis

Daily outlook

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.

HES stock chart (daily)

Weekly outlook

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.

HES stock chart (weekly)

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 target

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. 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 Share

After 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.
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 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%

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 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.
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 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:

HESAPCBPCOPCVX
Market cap$20.2 B$36.5 B$855.6 B$71.9 B$230.5 B
Total shares303.4 M502.1 M20,010.0 M1,130.0 M1,900.0 M
Float shares252.9 M501.0 M3,330.0 M1,130.0 M1,900.0 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 selling0.0%0.0%0.0%0.0%0.0%

Hess summary

Tuesday, May 21st, 2019
Open$65.52
Close$66.46
Day range$65.25 - $66.50
Previous close$65.28
Session gain1.81%
Average true range$1.64
50d mov avg$62.66
100d mov avg$57.70
200d mov avg$59.13
Daily patternlt06a
Weekly pattern lt01a

Hess performance

Stocks 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.
Stock3m6m12m
HESHess16.78%25.02%14.27%
APCAnadarko Petroleu...67.69%42.78%9.86%
BPBP p.l.c2.20%10.38%2.13%
COP-8.62%0.66%-1.09%
CVXChevron2.63%8.95%3.26%
MROMarathon Oil-5.94%1.80%-22.67%
OXYOccidental Petrol...-17.82%-21.50%-32.19%
SNPChina Petroleum &...-15.43%-10.33%-18.88%
TOTTotal-1.91%4.64%-2.46%
XOMExxon Mobil-1.65%3.29%1.11%

Hess competitors

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

Latest Hess stock news