Brokers Set Expectations for Hess’ Q2 Earnings (NYSE:HES)

Hess Co. (NYSE:HES) – Investment analysts at Zacks Research reduced their Q2 2025 EPS estimates for shares of Hess in a research report issued to clients and investors on Thursday, May 22nd. Zacks Research analyst R. Department now anticipates that the oil and gas producer will post earnings of $1.27 per share for the quarter, down from their prior forecast of $1.37. The consensus estimate for Hess’ current full-year earnings is $8.08 per share. Zacks Research also issued estimates for Hess’ Q3 2025 earnings at $1.30 EPS, Q4 2025 earnings at $1.48 EPS, FY2025 earnings at $5.85 EPS, Q2 2026 earnings at $1.72 EPS, Q3 2026 earnings at $1.67 EPS, Q4 2026 earnings at $1.84 EPS and Q1 2027 earnings at $2.88 EPS.

Hess (NYSE:HES) last issued its quarterly earnings data on Wednesday, April 30th. The oil and gas producer reported $1.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). Hess had a return on equity of 26.32% and a net margin of 21.27%. The firm had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.95 billion. During the same period in the previous year, the firm earned $3.16 EPS. The firm’s quarterly revenue was down 12.1% on a year-over-year basis.

Several other analysts also recently weighed in on the stock. Wall Street Zen started coverage on shares of Hess in a research report on Wednesday, May 21st. They set a “hold” rating on the stock. Piper Sandler dropped their target price on shares of Hess from $151.00 to $147.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 13th. Susquehanna decreased their price objective on shares of Hess from $160.00 to $136.00 and set a “neutral” rating for the company in a research note on Tuesday, April 22nd. Scotiabank decreased their price objective on shares of Hess from $164.00 to $146.58 and set a “sector perform” rating for the company in a research note on Friday, April 11th. Finally, UBS Group decreased their price objective on shares of Hess from $170.00 to $163.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $162.16.

Hess Stock Up 1.0%

Shares of Hess stock opened at $131.34 on Monday. The firm’s 50 day moving average price is $137.60 and its 200-day moving average price is $141.12. The company has a quick ratio of 1.13, a current ratio of 1.12 and a debt-to-equity ratio of 0.72. Hess has a 52-week low of $123.79 and a 52-week high of $161.69. The company has a market cap of $40.62 billion, a P/E ratio of 14.59 and a beta of 0.61.

Hess Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Monday, June 16th. Hess’s dividend payout ratio is currently 27.66%.

Insider Activity at Hess

In related news, CEO John B. Hess sold 175,000 shares of the business’s stock in a transaction on Thursday, March 27th. The shares were sold at an average price of $159.30, for a total value of $27,877,500.00. Following the completion of the transaction, the chief executive officer now directly owns 2,384,679 shares in the company, valued at $379,879,364.70. The trade was a 6.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 9.10% of the company’s stock.

Hedge Funds Weigh In On Hess

Several large investors have recently made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new position in Hess during the fourth quarter worth $3,117,000. Manning & Napier Advisors LLC acquired a new position in Hess during the fourth quarter worth $2,274,000. Charles Schwab Investment Management Inc. raised its position in Hess by 4.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,838,079 shares of the oil and gas producer’s stock worth $244,483,000 after acquiring an additional 82,703 shares during the period. CIBC Asset Management Inc raised its position in Hess by 4.5% during the fourth quarter. CIBC Asset Management Inc now owns 43,085 shares of the oil and gas producer’s stock worth $5,731,000 after acquiring an additional 1,861 shares during the period. Finally, American Century Companies Inc. raised its position in Hess by 14.7% during the fourth quarter. American Century Companies Inc. now owns 333,056 shares of the oil and gas producer’s stock worth $44,300,000 after acquiring an additional 42,797 shares during the period. 88.51% of the stock is currently owned by institutional investors and hedge funds.

Hess Company Profile

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.