Hess (NYSE:HES) will be releasing its earnings data before the market opens on Monday, February 5th. Analysts expect Hess to post earnings of ($1.04) per share for the quarter.
Hess (NYSE HES) opened at $53.69 on Monday. Hess has a 12 month low of $37.25 and a 12 month high of $55.96. The company has a quick ratio of 1.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.46. The stock has a market cap of $17,070.00, a price-to-earnings ratio of -2.66 and a beta of 1.77.
A number of research firms recently issued reports on HES. JPMorgan Chase & Co. lowered shares of Hess from a “neutral” rating to an “underweight” rating and set a $44.00 target price on the stock. in a research note on Friday, December 15th. Barclays reiterated a “hold” rating and issued a $49.00 target price on shares of Hess in a research note on Monday, January 8th. Morgan Stanley raised their target price on shares of Hess from $43.00 to $49.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 18th. Zacks Investment Research upgraded shares of Hess from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research note on Wednesday, October 11th. Finally, Scotiabank set a $50.00 price target on shares of Hess and gave the stock a “buy” rating in a research report on Friday, November 17th. Five equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have given a buy rating to the company. Hess presently has an average rating of “Hold” and an average target price of $52.40.
Hess Company Profile
Hess Corporation is an exploration and production company. The Company is engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquids (NGL) and natural gas. The Company’s segments include Exploration and Production, and Bakken Midstream. Its Exploration and Production segment explores for, develops, produces, purchases and sells crude oil, NGLs and natural gas with production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area (JDA), Malaysia and Norway.
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