Equities Analysts Offer Predictions for Hess FY2026 Earnings

Hess Corporation (NYSE:HES) – Research analysts at Scotiabank increased their FY2026 earnings per share estimates for shares of Hess in a note issued to investors on Tuesday, July 15th. Scotiabank analyst P. Cheng now expects that the oil and gas producer will earn $5.85 per share for the year, up from their previous estimate of $5.40. Scotiabank currently has a “Sector Perform” rating and a $155.00 price objective on the stock. The consensus estimate for Hess’ current full-year earnings is $8.08 per share.

HES has been the topic of several other reports. Susquehanna dropped their target price on Hess from $160.00 to $136.00 and set a “neutral” rating on the stock in a report on Tuesday, April 22nd. Wall Street Zen raised Hess from a “sell” rating to a “hold” rating in a report on Saturday, June 14th. Piper Sandler raised their price objective on Hess from $147.00 to $153.00 and gave the company an “overweight” rating in a report on Wednesday, July 2nd. UBS Group raised their price objective on Hess from $163.00 to $173.00 and gave the company a “buy” rating in a report on Wednesday, June 11th. Finally, Mizuho dropped their price objective on Hess from $193.00 to $191.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Hess presently has a consensus rating of “Hold” and a consensus price target of $162.78.

Hess Trading Up 7.6%

Hess stock opened at $160.31 on Friday. The stock has a 50-day moving average of $139.83 and a two-hundred day moving average of $141.49. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.91 and a current ratio of 1.08. Hess has a one year low of $123.79 and a one year high of $161.69. The stock has a market cap of $49.59 billion, a PE ratio of 22.17 and a beta of 0.62.

Hess (NYSE:HES) last issued its quarterly earnings data on Wednesday, April 30th. The oil and gas producer reported $1.81 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). Hess had a return on equity of 21.78% and a net margin of 17.65%. The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.95 billion. During the same quarter last year, the company earned $3.16 earnings per share. The company’s revenue for the quarter was down 12.1% compared to the same quarter last year.

Hess Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Monday, June 16th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.25%. Hess’s payout ratio is 27.66%.

Insider Buying and Selling

In related news, CEO John B. Hess sold 250,000 shares of Hess stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $136.01, for a total transaction of $34,002,500.00. Following the transaction, the chief executive officer owned 1,734,679 shares in the company, valued at approximately $235,933,690.79. This trade represents a 12.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 9.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Hess in the first quarter valued at approximately $25,000. ORG Partners LLC bought a new stake in shares of Hess in the second quarter valued at about $25,000. Global X Japan Co. Ltd. raised its position in Hess by 106.2% in the first quarter. Global X Japan Co. Ltd. now owns 200 shares of the oil and gas producer’s stock worth $32,000 after purchasing an additional 103 shares in the last quarter. Capital Analysts LLC increased its holdings in shares of Hess by 367.4% during the first quarter. Capital Analysts LLC now owns 201 shares of the oil and gas producer’s stock worth $32,000 after buying an additional 158 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new stake in shares of Hess during the first quarter valued at approximately $33,000. 88.51% of the stock is 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.