Hess Corporation with ticker code (HES) now have 13 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $212.00 and $157.00 with the average share target price sitting at $172.46. (at the time of writing). Given that the stocks previous close was at $131.38 this indicates there is a potential upside of 31.3%. The 50 day MA is $147.22 and the 200 day moving average is $147.75. The total market capitalization for the company now stands at 40.40B. The price for the stock stands currently at: $131.11 USD
The potential market cap would be $53,027,796,190 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 15.26, revenue per share of $39.45 and a 11.49% return on assets.
Hess Corporation is an exploration and production (E&P) company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids, and natural gas with production operations located in the United States, Guyana, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. The Company operates through two segments: E&P and Midstream. The E&P operating segment explores for, develops, produces, purchases and sells crude oil, NGL and natural gas. The Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminating, loading and transporting crude oil and NGL; storing and terminating propane, and water handling services primarily in the Bakken shale play of North Dakota. It conducts exploration activities primarily offshore Guyana, in the United States Gulf of Mexico, and offshore Suriname and Canada.
