Hess Corporation

Hess Corporation

HES

Market Cap$47.89B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Hess CorporationHess Corporation23.91.12%-4.2-

Earnings Call Q5 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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$-62.94

Current Fair Value

141.2% downside

Overvalued by 141.2% based on the discounted cash flow analysis.

Share Statistics

Market cap$47.89 Billion
Enterprise Value-
Dividend Yield$1.7421 (1.12%)
Earnings per Share$6.52
Beta0.41
Outstanding Shares308,109,019
Avg 30 Day Volume1,790,551

Return

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

Valuation & Multiples

P/E Ratio23.85
PEG13.18
Price to Sales4.24
Price to Book Ratio-
Enterprise Value to Revenue-
Enterprise Value to EBIT-
Enterprise Value to Net Income0
Total Debt to Enterprise-
Debt to Equity-

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Hess Corporation

CEO: John Hess