Hess Corporation

Hess Corporation

HES

Market Cap$43.61B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Hess CorporationHess Corporation16.51.28%15%3.50.5

Earnings Call Q2 2023

July 26, 2023 - AI Summary

Hess Corporation reported strong operational performance in the second quarter, with net production averaging 387,000 barrels of oil equivalent per day, exceeding guidance.
The company expects full-year 2023 net production to average between 385,000 and 390,000 barrels of oil equivalent per day, up from previous guidance, primarily due to strong performance in the first half and the expected start-up of the Payara development in Guyana.
Hess has a robust inventory of high-return drilling locations in the Bakken, and it plans to steadily grow net production to approximately 200,000 barrels of oil equivalent per day by 2025. It will continue operating a four-rig program to optimize infrastructure and generate significant levels of free cash flow.

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$164.67

Target Price by Analysts

16.3% upsideHess Target Price DetailsTarget Price
$-63.75

Current Fair Value

145% downside

Overvalued by 145% based on the discounted cash flow analysis.

Share Statistics

Market cap$43.61 Billion
Enterprise Value$50.91 Billion
Dividend Yield$2 (1.2806472126051%)
Earnings per Share$4.52
Beta1.16
Outstanding Shares306,900,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio16.45
PEG-1382.04
Price to Sales3.45
Price to Book Ratio2.57
Enterprise Value to Revenue3.98
Enterprise Value to EBIT11.73
Enterprise Value to Net Income19
Total Debt to Enterprise0.18
Debt to Equity0.54

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Hess Corporation

CEO: John Hess