Brokers Set Expectations for Hess’ Q1 Earnings (NYSE:HES)

Hess Co. (NYSE:HES) – Analysts at Capital One Financial lowered their Q1 2025 earnings estimates for Hess in a note issued to investors on Wednesday, March 19th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will earn $1.97 per share for the quarter, down from their prior forecast of $2.08. The consensus estimate for Hess’ current full-year earnings is $8.08 per share. Capital One Financial also issued estimates for Hess’ Q2 2025 earnings at $1.85 EPS, Q3 2025 earnings at $2.35 EPS, Q4 2025 earnings at $2.59 EPS, FY2025 earnings at $8.76 EPS and FY2026 earnings at $9.40 EPS.

Hess (NYSE:HES) last issued its quarterly earnings data on Wednesday, January 29th. The oil and gas producer reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.32. Hess had a net margin of 21.27% and a return on equity of 26.32%.

Other equities research analysts also recently issued research reports about the company. Pickering Energy Partners raised Hess to a “hold” rating in a research report on Friday, January 3rd. Citigroup lifted their price objective on shares of Hess from $145.00 to $163.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. Wells Fargo & Company raised shares of Hess from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $151.00 to $193.00 in a research report on Monday, December 9th. StockNews.com began coverage on shares of Hess in a report on Tuesday, March 18th. They issued a “hold” rating on the stock. Finally, UBS Group increased their price objective on Hess from $185.00 to $186.00 and gave the company a “buy” rating in a report on Thursday, February 13th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $170.60.

Hess Trading Down 0.5 %

Shares of NYSE:HES opened at $156.59 on Friday. The company has a market capitalization of $48.28 billion, a PE ratio of 17.40 and a beta of 1.21. The company has a current ratio of 1.12, a quick ratio of 1.13 and a debt-to-equity ratio of 0.72. Hess has a 12-month low of $123.79 and a 12-month high of $163.98. The business’s fifty day simple moving average is $146.73 and its 200-day simple moving average is $140.83.

Hess Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Monday, March 17th. Hess’s payout ratio is 22.22%.

Hedge Funds Weigh In On Hess

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HES. J.Safra Asset Management Corp purchased a new position in shares of Hess in the fourth quarter worth about $25,000. Sierra Ocean LLC purchased a new position in shares of Hess during the 4th quarter valued at about $27,000. Groupama Asset Managment lifted its holdings in shares of Hess by 22.7% in the 3rd quarter. Groupama Asset Managment now owns 22,606 shares of the oil and gas producer’s stock valued at $31,000 after buying an additional 4,186 shares during the period. Millstone Evans Group LLC purchased a new stake in shares of Hess in the fourth quarter worth about $33,000. Finally, FSA Wealth Management LLC acquired a new stake in Hess during the third quarter worth about $37,000. Hedge funds and other institutional investors own 88.51% of the company’s stock.

About Hess

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.