Hess Corp (HES)

HES (NYSE:Energy) EQUITY
$58.97
neg -0.65
-1.10%
Today's Range: 58.24 - 59.76 | HES Avg Daily Volume: 6,466,500
Last Update: 05/02/16 - 3:59 PM EDT
Volume: 3,295,128
YTD Performance: 0.00%
Open: $59.21
Previous Close: $59.62
52 Week Range: $32.41 - $77.28
Oustanding Shares: 315,240,299
Market Cap: 18,655,920,895
6-Month Chart
TheStreet Ratings Grade for HES
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 7 8 7 7
Moderate Buy 1 1 1 1
Hold 9 7 7 7
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 0
Mean Rec. 2.12 1.94 2.00 2.00
Latest Dividend: 0.00
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 12/31/69
Price Earnings Ratio: 0.00
Price Earnings Comparisons:
HES Sector Avg. S&P 500
0.00 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
0.00% 0.00% 0.00%
GROWTH 12 Mo 3 Yr CAGR
Revenue -38.20 -0.80 -0.44
Net Income -100.00 -2.40 0.00
EPS -100.00 -2.80 0.00
Earnings for HES:
EBITDA 1.73B
Revenue 6.64B
Average Earnings Estimates
Qtr (06/16) Qtr (09/16) FY (12/16) FY (12/17)
Average Estimate $-1.38 $-1.18 $-5.39 $-3.24
Number of Analysts 8 6 11 10
High Estimate $-1.20 $-0.51 $-3.85 $0.23
Low Estimate $-1.58 $-1.41 $-5.99 $-5.52
Prior Year $-0.52 $-1.03 $-3.93 $-5.39
Growth Rate (Year over Year) -166.35% -14.72% -37.15% 39.83%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

My Takeaways and Observations Real Money Pro($)

Stocks slid sharply in the final hour to finish at the day's lows after a real roller coaster of a day! Booyah! The U.S. dollar weakened. The price of crude oil rose by 63 cents to $45.96. Gold climbed by $17 to $1,267. Silver rose by 30 cents. Agricultural commodities: wheat +1.50, corn +7.00, soybean flat and oats -2.25. Bonds rose in price, declined in yield. The yield on the 10-year U.S. note dropped by three basis points to 1.83% and the long bond by only one basis points to yield 2.68%. Municipals were well-bid. Closed-end municipal bond funds were mixed. The high-yield market showed little price movement. Blackstone/GSO Strategic Credit Fund (BGB), up earlier in the day, closed down a dime. Banks are at the lows of the day. I double my XLF short today. JPMorgan Chase (JPM) and Citigroup (C) were down by about a half a beaner, while Bank of America (BAC) slid by 25 cents. Brokerages were lower. Morgan Stanley (MS) was down 30 cents and Goldman Sachs (GS) was off about $2.50. Life insurance, the object of my disaffection, got schmeissed with dollar-plus losses for MetLife (MET), Lincoln National (LNC) and Berkshire Hathaway (BRK.B). My long Hartford Financial Services Group (HIG) also was lower by a similar amount. Retail stocks were broadly lower, led by Bed, Bath & Beyond (BBBY), Home Depot (HD) and Lowe's (LOW). Short Nordstrom (JWN) was off 65 cents. Old media sank, led by IBM (IBM), down $3.35, and Microsoft (MSFT), down $1.30. Auto stocks held well, with a good gain for Ford (F), up 45 cents. Energy stocks fell despite a higher commodity price. Schlumberger (SLB) was down $1.15 and Exxon Mobil (XOM) off 80 cents. Biotech was only slightly lower. Allergan (AGN) was down a beaner. Ag equipment was under pressure, with Deere (DE) and Caterpillar (CAT) down about 1% each. Media was mixed, though Disney (DIS) was down $1.20 after a rich premium deal for Comcast (CMCSA) to acquire DreamWorks (DWA) was announced. (T)FANG was lower, save Facebook (FB), which was up nearly $8. NOSH saw all components lower. CRABBY components all were lower as well. Apple (AAPL) was a leader on the downside, off $3. Short/sell, don't hold.  Oaktree Capital Group (OAK) was lower after earnings (I'll review tomorrow). Some good stuff on Real Money Pro today: Jim "El Capitan" Cramer on the worst over for pharma.  RevShark is running with the bulls.  Tim Melvin on Carlyle Group (CG) and its tons of cash.  Tim "Not Judy or Phil" Collins on playing earnings-related volatility of Amazon (AMZN), LinkedIn (LNKD) and Expedia (EXPE).  Daniel "Oil Vey" Dicker on Hess (HES) over Pioneer Natural Resources (PXD). 
Hess is the opportunity to be embraced.
Bearish
Apr 28, 2016 | 7:00 AM EDT
HES was downgraded from Outperform to Neutral, Credit Suisse said. Valuation call, based on a $65 price target. 
Here's how to trade Alcoa, Apple and other shares reporting earnings. 
These names have gotten ahead of themselves, but should deliver outstanding mid-term profits.
Family infighting among oil producers at Doha could be the best news in a long time for investors in oil firms.
The prospects for an agreement on production cuts is quite good.
Finding undervalued companies that are buying back stock beats other metrics by a wide margin.
This is the key moment to develop a long-term energy portfolio.
What is driving it, and what to do with your mid- and long-term oil positions.

Columnist Conversations

That could put an axe into the stock here near 30x forward earnings.  Comps were OK though, at over 5% in...
CIRCOR International (CIR) ripping into the close on a basic upgrade.  The stock has basically doubled in...
As we have previously said, Apple (AAPL) is inside our long-term bounce zone of $94.74-$85.36. I know the zone...
Average Cost= $20.22 Bidding on a scale lower.

REAL MONEY'S BEST IDEAS

News Breaks

Powered by

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.