View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsHess 将来の成長Future 基準チェック /56Hess利益と収益がそれぞれ年間23.6%と8.7%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に23.2% 24%なると予測されています。主要情報23.6%収益成長率24.05%EPS成長率Oil and Gas 収益成長44.8%収益成長率8.7%将来の株主資本利益率23.19%アナリストカバレッジGood最終更新日17 Jul 2025今後の成長に関する最新情報お知らせ • Apr 30Hess Corporation Provides Production Guidance for the Second Quarter of 2025Hess Corporation provided production guidance for the second quarter of 2025. For the quarter, the company expects E&P net production to be in the range of 480,000 boepd to 490,000 boepd.お知らせ • Jan 29Hess Corporation Provides Production Guidance for the First Quarter of 2025Hess Corporation provided production guidance for the first quarter of 2025. For the quarter, the company expects net production guidance for Guyana for the first quarter of 2025 includes tax barrels of approximately 20,000 bopd.お知らせ • Nov 02Hess Corporation Provides Consolidated Production Guidance for the Fourth Quarter of 2024Hess Corporation provided production guidance for the fourth quarter of 2024. For the quarter, the company's E&P net production is expected to be in the range of 475,000 boepd to 485,000 boepd, primarily reflecting recovery from downtime in the third quarter of 2024 at Guyana and Southeast Asia partially offset by planned maintenance at the Tubular Bells production facility in the fourth quarter of 2024.お知らせ • Jul 31Hess Corporation Provides Production Guidance for the Third Quarter of 2024Hess Corporation provided production guidance for the third quarter of 2024. For the quarter, the company expects E&P net production to be in the range of 460,000 boepd to 470,000 boepd, primarily reflecting planned downtime in Guyana and Southeast Asia.お知らせ • Oct 26Hess Corporation Updates Production Guidance for the Full Year 2023Hess Corporation updated production guidance for the full year 2023. Net production is now forecast to be approximately 390,000 boepd, which is at the upper end of the previous guidance range of 385,000 boepd to 390,000 boepd.お知らせ • Jul 27Hess Corporation Revises Production Guidance for the Full Year 2023Hess Corporation revised production guidance for the full year 2023. for the year, the company expects Net production to be approximately 115,0002 bopd, compared to its previous guidance range of 105,000 bopd to 110,000 bopd.すべての更新を表示Recent updatesお知らせ • Jul 23+ 15 more updatesHess Corporation(NYSE:HES) dropped from Russell 1000 Value BenchmarkHess Corporation(NYSE:HES) dropped from Russell 1000 Value Benchmarkお知らせ • Jul 18+ 1 more updateChevron Corporation (NYSE:CVX) Completed the acquisition of Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others.Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others for $52.7 billion on October 22, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion. In aggregate, upon closing of the transaction, Chevron will issue approximately 317 million shares of common stock. The transaction price represents a premium of 10.3% on a 20-day average based on closing stock prices on October 20, 2023. In addition, John Hess is expected to join Chevron’s Board of Directors. The transaction would be accretive to cash flow per share and extends growth into 2030s. In case of termination, Hess will pay Chevron a termination fee of approximately $1.715 billion under certain circumstances provided in the merger agreement. The acquisition is subject to Hess shareholder approval. It is also subject to regulatory approvals, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the effectiveness of the Registration Statement on Form S-4 to be filed by Chevron pursuant to which the shares of Chevron common stock to be issued in connection with the Merger will be registered with the U.S. Securities and Exchange Commission and the authorization for listing on the New York Stock Exchange of the shares of Chevron common stock to be issued in connection with the Merger and other customary closing conditions. The transaction has been unanimously approved by the Boards of Directors of both companies. As on December 7, 2023, HSR Act waiting period is further extended by 30 days after FTC's second review request. As on May 13, 2024, US Senate majority leader Chuck Schumer has demanded that the Federal Trade Commission (FTC) should block the merger. Hess shareholders approved the transaction at special meeting held on May 28, 2024. On September 30, 2024, Hess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. The Federal Trade Commission has ordered that Hess CEO John Hess is barred from joining the Chevron board. The transaction is expected to close by the end of the first half of 2024. As per updated filing, transaction is expected to close in middle of 2024. As of March 17, 2025, Between January and March 2025, Chevron Corporation purchased 15,380,000 shares of Hess Corporation common stock at prevailing market prices in open market transactions. The number of shares purchased represents approximately 4.99% of the shares of Hess common stock outstanding as of January 31, 2025. These purchases, which were made at prices that represent a discount to the price of shares of Hess common stock implied in the exchange ratio set forth in the Merger Agreement entered into between Chevron and Hess on October 22, 2023. These purchases of shares of Hess common stock are in addition to repurchases of Chevron common stock being made for the first quarter ending March 31, 2025. As of July 17, 2025, decision to rescind the orders related to the Chevron/Hess matters has been agreed by Mark R. Meador. Morgan Stanley & Co. LLC is acting as lead financial advisor to Chevron. Evercore also advised Chevron. Kyle Seifried,Stan Richards, Scott Barshay, John Kennedy, Christodoulos Kaoutzanis, Caith Kushner and Manuel Frey, Lawrence Witdorchic, Brian Krause, Claudine Meredith-Goujon, and Peter Fisch of Paul, Weiss, Rifkind, Wharton & Garrison LLP are acting as legal advisors to Chevron. Goldman Sachs & Co. LLC is acting as lead financial advisor and fairness opinion provider to Hess. J.P. Morgan Securities LLC also advised Hess. Martin Lipton, Karessa L. Cain, Zachary S. Podolsky, Nelson O. Fitts, Jeannemarie O'Brien, Emily D. Johnson and T. Eiko Stange of Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Hess. Stuart Rogers of Alston & Bird LLP represented Morgan Stanley & Co. LLC as financial advisor. David A. Higbee, Ben Gris and Jonathan Cheng of Shearman & Sterling LLP is acting as legal advisor to Chevron in the transaction. Morgan Stanley and Paul, Weiss, Rifkind, Wharton & Garrison also provided due diligence services. Computershare, Inc. acted as transfer agent for Hess and Computershare Shareowner Services LLC acted as transfer agent for Chevron. Hess has retained MacKenzie Partners, Inc. to assist in the solicitation of proxies for an estimated fee of approximately $40,000. Hess has agreed to pay Goldman Sachs a transaction fee of $80 million, $4 million of which became payable upon the announcement of the merger, and the remainder of which is contingent upon consummation of the merger. Chevron Corporation (NYSE:CVX) Completed the acquisition of Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others on July 18, 2025. Hess continuing as the surviving corporation and a direct, wholly owned subsidiary of Chevron. Hess common stock was suspended from trading on the New York Stock Exchange (the “NYSE”) prior to the open of trading on July 18 , 2025.お知らせ • Jul 09Hess Corporation to Report Q2, 2025 Results on Jul 30, 2025Hess Corporation announced that they will report Q2, 2025 results on Jul 30, 2025お知らせ • Jun 30+ 3 more updatesHess Corporation(NYSE:HES) dropped from Russell 3000 Growth IndexHess Corporation(NYSE:HES) dropped from Russell 3000 Growth Indexお知らせ • May 15Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on June 30, 2025The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on June 30, 2025 to holders of record at the close of business on June 16, 2025.お知らせ • Apr 30Hess Corporation Provides Production Guidance for the Second Quarter of 2025Hess Corporation provided production guidance for the second quarter of 2025. For the quarter, the company expects E&P net production to be in the range of 480,000 boepd to 490,000 boepd.お知らせ • Apr 10Hess Corporation to Report Q1, 2025 Results on Apr 30, 2025Hess Corporation announced that they will report Q1, 2025 results on Apr 30, 2025お知らせ • Apr 07Hess Corporation, Annual General Meeting, May 14, 2025Hess Corporation, Annual General Meeting, May 14, 2025.お知らせ • Mar 06Hess Announces Regular Quarterly Dividend on Common Stock, Payable on March 31, 2025The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on March 31, 2025 to holders of record at the close of business on March 17, 2025.お知らせ • Jan 29Hess Corporation Provides Production Guidance for the First Quarter of 2025Hess Corporation provided production guidance for the first quarter of 2025. For the quarter, the company expects net production guidance for Guyana for the first quarter of 2025 includes tax barrels of approximately 20,000 bopd.お知らせ • Jan 07Hess Corporation to Report Q4, 2024 Results on Jan 29, 2025Hess Corporation announced that they will report Q4, 2024 results on Jan 29, 2025お知らせ • Dec 05Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on December 31, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on December 31, 2024 to holders of record at the close of business on December 16, 2024.Recent Insider Transactions • Nov 08Key Executive recently sold €8.0m worth of stockOn the 5th of November, Gregory Hill sold around 63k shares on-market at roughly €127 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €11m.お知らせ • Nov 02Hess Corporation Provides Consolidated Production Guidance for the Fourth Quarter of 2024Hess Corporation provided production guidance for the fourth quarter of 2024. For the quarter, the company's E&P net production is expected to be in the range of 475,000 boepd to 485,000 boepd, primarily reflecting recovery from downtime in the third quarter of 2024 at Guyana and Southeast Asia partially offset by planned maintenance at the Tubular Bells production facility in the fourth quarter of 2024.Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.62 (vs US$1.65 in 3Q 2023)Third quarter 2024 results: EPS: US$1.62 (down from US$1.65 in 3Q 2023). Revenue: US$3.13b (up 14% from 3Q 2023). Net income: US$498.0m (down 1.2% from 3Q 2023). Profit margin: 16% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 03Hess Corporation to Report Q3, 2024 Results on Oct 30, 2024Hess Corporation announced that they will report Q3, 2024 results on Oct 30, 2024お知らせ • Oct 01Hess Corporation Announces HSR Clearance Of Chevron-Hess MergerHess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. To facilitate completion of the merger, Hess and Chevron have agreed that Mr. Hess will not be appointed to the Chevron Board of Directors in order to address a concern raised by the FTC about Mr. Hess’ communications with a limited number of OPEC officials. However, Mr. Hess will serve as an advisor and representative for Chevron on government relations and social investments in Guyana as well as on support for the Salk Institute’s Harnessing Plants Initiative. The Hess Board of Directors believes that the competitive concern raised by the FTC about Mr. Hess’ communications is without merit, and fully supports Mr. Hess in his role as CEO of Hess Corporation. Mr. Hess’ public and private communications with OPEC officials were consistent with his communications with U.S. government officials, the International Energy Agency and global business leaders on what will be needed to ensure an affordable and orderly energy transition. Completion of the merger remains subject to the Merger Agreement's closing conditions, including the satisfactory resolution of ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement.Declared Dividend • Sep 09Second quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Sep 05Hess Corporation Increases Regular Quarterly Dividend on Common Stock, Payable on September 30, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis.Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$2.47 (vs US$0.39 in 2Q 2023)Second quarter 2024 results: EPS: US$2.47 (up from US$0.39 in 2Q 2023). Revenue: US$3.26b (up 45% from 2Q 2023). Net income: US$757.0m (up US$638.0m from 2Q 2023). Profit margin: 23% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 31Hess Corporation Provides Production Guidance for the Third Quarter of 2024Hess Corporation provided production guidance for the third quarter of 2024. For the quarter, the company expects E&P net production to be in the range of 460,000 boepd to 470,000 boepd, primarily reflecting planned downtime in Guyana and Southeast Asia.お知らせ • Jul 04Hess Corporation to Report Q2, 2024 Results on Jul 31, 2024Hess Corporation announced that they will report Q2, 2024 results on Jul 31, 2024Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.4%).Declared Dividend • May 20First quarter dividend of US$0.44 announcedShareholders will receive a dividend of US$0.44. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 16Hess Corporation Declares Regular Quarterly Dividend, Payable on June 28, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on June 28, 2024 to holders of record at the close of business on June 14, 2024.Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$3.18 (vs US$1.13 in 1Q 2023)First quarter 2024 results: EPS: US$3.18 (up from US$1.13 in 1Q 2023). Revenue: US$3.34b (up 41% from 1Q 2023). Net income: US$972.0m (up 181% from 1Q 2023). Profit margin: 29% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 06Hess Corporation, Annual General Meeting, May 15, 2024Hess Corporation, Annual General Meeting, May 15, 2024, at 09:00 Central Standard Time. Agenda: To elect twelve directors; to conduct a non-binding advisory vote to approve the compensation of named executive officers; to act upon the ratification of the selection by the audit committee of Ernst & Young LLP as independent registered public accountants; and to consider other business issues.お知らせ • Apr 05Hess Corporation to Report Q1, 2024 Results on Apr 25, 2024Hess Corporation announced that they will report Q1, 2024 results on Apr 25, 2024Recent Insider Transactions • Mar 22Insider recently sold €1.0m worth of stockOn the 20th of March, Geurt Schoonman sold around 7k shares on-market at roughly €139 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €18m. Insiders have been net sellers, collectively disposing of €31m more than they bought in the last 12 months.お知らせ • Mar 19Exxon Mobil Chief Executive Officer Says Not Trying to Acquire HessExxon Mobil Corporation (NYSE:XOM) Chief Executive Officer Darren Woods on March 18, 2024 said his company is trying to secure preemption rights over Hess Corporation (NYSE:HES) Guyana assets in its dispute with Chevron Corporation (NYSE:CVX), not buy the company itself. In his first public remarks on the company's pursuit of an arbitration case that could block Chevron's $53 billion deal for Hess, Woods said Exxon would not have waited for Chevron to announce its Hess deal if it had wanted to buy Hess. "We're basically standing up for what we believe is a fundamental right," Woods told Reuters. Exxon is trying to "secure and confirm the rights in that contract gives the existing partners." Exxon wants to "evaluate that value and do what is in the best interest of Exxon Mobil shareholders, given the investments that we've made and all the work we've done to make that successful." Hess and Chevron have said they disagree with Exxon's interpretation of the joint operating agreement that governs the Exxon, Hess and CNOOC Limited (SEHK:883), consortium responsible for all of Guyana's oil production. Chevron's acquisition of Hess has been stalled by the U.S. Federal Trade Commission's request for additional information on the merger. That request pushed back any closing to at least the middle of this year.Declared Dividend • Mar 11Fourth quarter dividend of US$0.44 announcedShareholders will receive a dividend of US$0.44. Ex-date: 15th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • Mar 03CEO & Director recently sold €18m worth of stockOn the 29th of February, John Hess sold around 136k shares on-market at roughly €135 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.Reported Earnings • Feb 01Full year 2023 earnings released: EPS: US$4.52 (vs US$6.80 in FY 2022)Full year 2023 results: EPS: US$4.52 (down from US$6.80 in FY 2022). Revenue: US$10.6b (down 3.8% from FY 2022). Net income: US$1.38b (down 34% from FY 2022). Profit margin: 13% (down from 19% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.New Risk • Feb 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Profit margins are more than 30% lower than last year (13% net profit margin).お知らせ • Jan 12Hess Corporation to Report Q4, 2023 Results on Jan 31, 2024Hess Corporation announced that they will report Q4, 2023 results on Jan 31, 2024お知らせ • Dec 07Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on December 29, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on December 29, 2023 to holders of record at the close of business on December 18, 2023.Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: US$1.65 (vs US$1.67 in 3Q 2022)Third quarter 2023 results: EPS: US$1.65 (down from US$1.67 in 3Q 2022). Revenue: US$2.84b (down 7.0% from 3Q 2022). Net income: US$504.0m (down 2.1% from 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 26Hess Corporation Updates Production Guidance for the Full Year 2023Hess Corporation updated production guidance for the full year 2023. Net production is now forecast to be approximately 390,000 boepd, which is at the upper end of the previous guidance range of 385,000 boepd to 390,000 boepd.お知らせ • Oct 24Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) for approximately $53 billion.Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) for approximately $53 billion on October 22, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion. In aggregate, upon closing of the transaction, Chevron will issue approximately 317 million shares of common stock. The transaction price represents a premium of 10.3% on a 20-day average based on closing stock prices on October 20, 2023. In addition, John Hess is expected to join Chevron’s Board of Directors. The transaction would be accretive to cash flow per share and extends growth into 2030s. The acquisition is subject to Hess shareholder approval. It is also subject to regulatory approvals and other customary closing conditions. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close by the end of the first half of 2024. Morgan Stanley & Co. LLC is acting as lead financial advisor to Chevron. Evercore also advised Chevron. Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal advisor to Chevron. Goldman Sachs & Co. LLC is acting as lead financial advisor to Hess. J.P. Morgan Securities LLC also advised Hess. Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Hess.お知らせ • Oct 06Hess Corporation to Report Q3, 2023 Results on Oct 05, 2023Hess Corporation announced that they will report Q3, 2023 results on Oct 05, 2023お知らせ • Sep 07Hess Corporation Increases Regular Quarterly Dividend on Common Stock, Payable on September 29, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on September 29, 2023 to holders of record at the close of business on September 18, 2023.Recent Insider Transactions • Aug 02Key Executive recently sold €4.6m worth of stockOn the 31st of July, Gregory Hill sold around 33k shares on-market at roughly €137 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €9.4m.お知らせ • Jul 27Hess Corporation Revises Production Guidance for the Full Year 2023Hess Corporation revised production guidance for the full year 2023. for the year, the company expects Net production to be approximately 115,0002 bopd, compared to its previous guidance range of 105,000 bopd to 110,000 bopd.Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.39 (vs US$2.15 in 2Q 2022)Second quarter 2023 results: EPS: US$0.39 (down from US$2.15 in 2Q 2022). Revenue: US$2.24b (down 22% from 2Q 2022). Net income: US$119.0m (down 82% from 2Q 2022). Profit margin: 5.3% (down from 23% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jun 15Now 22% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.4%).お知らせ • May 18Hess Corporation Declares Regular Quarterly Dividend, Payable on the Common Stock of the Corporation on June 30, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on June 30, 2023 to holders of record at the close of business on June 15, 2023.Buying Opportunity • May 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$1.14 (vs US$1.35 in 1Q 2022)First quarter 2023 results: EPS: US$1.14 (down from US$1.35 in 1Q 2022). Revenue: US$2.45b (up 8.9% from 1Q 2022). Net income: US$346.0m (down 17% from 1Q 2022). Profit margin: 14% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Apr 02Key Executive recently sold €917k worth of stockOn the 29th of March, Gregory Hill sold around 8k shares on-market at roughly €122 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.9m. Gregory has been a net seller over the last 12 months, reducing personal holdings by €4.8m.Recent Insider Transactions • Mar 10Insider recently sold €2.9m worth of stockOn the 7th of March, Geurt Schoonman sold around 22k shares on-market at roughly €134 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €20m more than they bought in the last 12 months.Reported Earnings • Feb 26Full year 2022 earnings released: EPS: US$6.80 (vs US$1.82 in FY 2021)Full year 2022 results: EPS: US$6.80 (up from US$1.82 in FY 2021). Revenue: US$11.3b (up 53% from FY 2021). Net income: US$2.10b (up 275% from FY 2021). Profit margin: 19% (up from 7.5% in FY 2021). The increase in margin was driven by higher revenue. Oil reserves and sales price Proven reserves: 1260 MMbbls Average sales price/bbl (hedged): US$85.76 Gas reserves and sales price Proven reserves: 1470 Bcf Average sales price/mcf (hedged): US$5.64 LNG reserves and sales price Proven reserves: 245 MMbbls Average sales price/bbl (hedged): US$35.09 Combined production and costs Oil equivalent production: 125.56 MMboe (114.9 MMboe in FY 2021) Average production cost/Boe: US$18.97 (US$17.91/Boe in FY 2021) Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 26Full year 2022 earnings released: EPS: US$7.18 (vs US$1.82 in FY 2021)Full year 2022 results: EPS: US$7.18 (up from US$1.82 in FY 2021). Revenue: US$11.1b (up 52% from FY 2021). Net income: US$2.22b (up 298% from FY 2021). Profit margin: 20% (up from 7.7% in FY 2021). The increase in margin was driven by higher revenue. Oil reserves and sales price Proven reserves: 1260 MMbbls Average sales price/bbl (hedged): US$85.76 Gas sales price Average sales price/mcf (hedged): US$5.64 LNG sales price Average sales price/bbl (hedged): US$35.09 Combined production Oil equivalent production: 125.56 MMboe (114.9 MMboe in FY 2021) Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 25Hess Corporation Provides Production Guidance for the Year 2023Hess Corporation provided production guidance for the year 2023. Net production is forecast to average between 355,000 and 365,000 barrels of oil equivalent per day in 2023. Bakken net production is forecast to average between 165,000 and 170,000 barrels of oil equivalent per day and Guyana net production is forecast to average approximately 100,000 barrels of oil per day in 2023.Recent Insider Transactions • Nov 03Key Executive recently sold €1.9m worth of stockOn the 1st of November, Gregory Hill sold around 13k shares on-market at roughly €146 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €7.3m.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$1.67 (vs US$0.37 in 3Q 2021)Third quarter 2022 results: EPS: US$1.67 (up from US$0.37 in 3Q 2021). Revenue: US$3.05b (up 78% from 3Q 2021). Net income: US$515.0m (up 348% from 3Q 2021). Profit margin: 17% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €131, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 129% over the past three years.Recent Insider Transactions • Sep 07Insider recently sold €1.5m worth of stockOn the 2nd of September, Andrew Slentz sold around 12k shares on-market at roughly €121 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €74m more than they bought in the last 12 months.Recent Insider Transactions • Aug 20Key Executive recently sold €1.2m worth of stockOn the 18th of August, Gregory Hill sold around 10k shares on-market at roughly €115 per share. This was the largest sale by an insider in the last 3 months. Gregory has been a seller over the last 12 months, reducing personal holdings by €6.3m.Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$2.15 (vs US$0.24 loss in 2Q 2021)Second quarter 2022 results: EPS: US$2.15 (up from US$0.24 loss in 2Q 2021). Revenue: US$2.89b (up 88% from 2Q 2021). Net income: US$667.0m (up US$740.0m from 2Q 2021). Profit margin: 23% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €99.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €119 per share.Upcoming Dividend • Jun 07Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$1.35 (vs US$0.82 in 1Q 2021)First quarter 2022 results: EPS: US$1.35 (up from US$0.82 in 1Q 2021). Revenue: US$2.37b (up 27% from 1Q 2021). Net income: US$417.0m (up 66% from 1Q 2021). Profit margin: 18% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 33%, compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Recent Insider Transactions • Mar 19Insider recently sold €1.8m worth of stockOn the 16th of March, Richard Lynch sold around 21k shares on-market at roughly €87.24 per share. In the last 3 months, there was an even bigger sale from another insider worth €60m. Insiders have been net sellers, collectively disposing of €90m more than they bought in the last 12 months.Recent Insider Transactions • Mar 10Executive VP & CFO recently sold €633k worth of stockOn the 7th of March, John Rielly sold around 7k shares on-market at roughly €90.60 per share. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.Reported Earnings • Mar 05Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$1.82 (up from US$10.15 loss in FY 2020). Revenue: US$7.30b (up 61% from FY 2020). Net income: US$559.0m (up US$3.65b from FY 2020). Profit margin: 7.7% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Oil reserves and sales price Proven reserves: 808 MMbbls Average sales price/bbl (hedged): US$60.08 Gas reserves and sales price Proven reserves: 1606 Bcf Average sales price/mcf (hedged): US$4.60 LNG reserves and sales price Proven reserves: 233 MMbbls Average sales price/bbl (hedged): US$30.40 Combined production and costs Oil equivalent production: 114.9 MMboe (121.3 MMboe in FY 2020) Average production cost/Boe: US$17.91 (US$15.19/Boe in FY 2020) Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 27%, compared to a 68% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Feb 05Insider recently sold €430k worth of stockOn the 3rd of February, Andrew Slentz sold around 5k shares on-market at roughly €79.94 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €94m more than they bought in the last 12 months.Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$1.81 (up from US$10.15 loss in FY 2020). Revenue: US$7.30b (up 61% from FY 2020). Net income: US$559.0m (up US$3.65b from FY 2020). Profit margin: 7.7% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 24%, compared to a 77% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Dec 11Key Executive recently sold €258k worth of stockOn the 8th of December, Gregory Hill sold around 4k shares on-market at roughly €71.78 per share. In the last 3 months, they made an even bigger sale worth €914k. Gregory has been a seller over the last 12 months, reducing personal holdings by €4.2m.Upcoming Dividend • Dec 07Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 14 December 2021. Payment date: 30 December 2021. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.4%).Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS US$0.37 (vs US$0.80 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.81b (up 61% from 3Q 2020). Net income: US$115.0m (up US$358.0m from 3Q 2020). Profit margin: 6.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.業績と収益の成長予測DB:AHC - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202715,4304,0203,7918,252512/31/202613,2222,5201,3035,975612/31/202511,4661,6565845,23763/31/202512,2702,2271,1156,116N/A12/31/202412,6622,7696545,600N/A9/30/202412,4712,6409985,632N/A6/30/202412,0802,6465505,108N/A3/31/202411,1852,008-394,189N/A12/31/202310,2951,382-1663,942N/A9/30/202310,2241,4663933,850N/A6/30/202310,5351,4771,0294,203N/A3/31/202311,1802,0251,7224,738N/A12/31/202211,0692,0961,2193,944N/A9/30/202210,4551,8641,1503,591N/A6/30/20229,1221,4646512,867N/A3/31/20227,6927242352,143N/A12/31/20217,3015591,1432,890N/A9/30/20216,3251978652,477N/A6/30/20215,733-1614581,998N/A3/31/20215,092-408-2851,479N/A12/31/20204,543-3,093-8641,333N/A9/30/20204,885-3,218-1,5151,133N/A6/30/20205,293-3,187-1,4911,440N/A3/31/20206,090-2,873-1,1271,849N/A12/31/20196,311-412-1,1871,642N/A9/30/20196,287-206-4312,237N/A6/30/20196,500-47-2822,217N/A3/31/20196,378-183-4011,967N/A12/31/20186,152-328N/A1,939N/A9/30/20186,177-3,001N/A1,401N/A6/30/20185,752-3,583N/A1,066N/A3/31/20185,427-3,901N/A806N/A12/31/20175,347-4,120N/A945N/A9/30/20175,076-6,334N/A928N/A6/30/20174,905-6,050N/A1,172N/A3/31/20174,934-5,994N/A1,204N/A12/31/20164,661-6,173N/A795N/A9/30/20164,738-3,083N/A1,092N/A6/30/20165,230-2,998N/A1,042N/A3/31/20165,942-3,147N/A1,485N/A12/31/20156,490-3,008N/A1,981N/A9/30/20157,543-1,201N/A2,432N/A6/30/20158,510-598N/A3,472N/A3/31/20159,353930N/A3,735N/A12/31/201410,4621,635N/A4,457N/A9/30/201410,5582,569N/A4,933N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: AHCの予測収益成長率 (年間23.6% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: AHCの収益 ( 23.6% ) はGerman市場 ( 17.1% ) よりも速いペースで成長すると予測されています。高成長収益: AHCの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: AHCの収益 ( 8.7% ) German市場 ( 6.8% ) よりも速いペースで成長すると予測されています。高い収益成長: AHCの収益 ( 8.7% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: AHCの 自己資本利益率 は、3年後には高くなると予測されています ( 23.2 %)成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/07/17 09:08終値2025/07/17 00:00収益2025/03/31年間収益2024/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Hess Corporation 13 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。30 アナリスト機関William SeleskyArgus Research CompanyYim ChengBarclaysMark GilmanBenchmark Company27 その他のアナリストを表示
お知らせ • Apr 30Hess Corporation Provides Production Guidance for the Second Quarter of 2025Hess Corporation provided production guidance for the second quarter of 2025. For the quarter, the company expects E&P net production to be in the range of 480,000 boepd to 490,000 boepd.
お知らせ • Jan 29Hess Corporation Provides Production Guidance for the First Quarter of 2025Hess Corporation provided production guidance for the first quarter of 2025. For the quarter, the company expects net production guidance for Guyana for the first quarter of 2025 includes tax barrels of approximately 20,000 bopd.
お知らせ • Nov 02Hess Corporation Provides Consolidated Production Guidance for the Fourth Quarter of 2024Hess Corporation provided production guidance for the fourth quarter of 2024. For the quarter, the company's E&P net production is expected to be in the range of 475,000 boepd to 485,000 boepd, primarily reflecting recovery from downtime in the third quarter of 2024 at Guyana and Southeast Asia partially offset by planned maintenance at the Tubular Bells production facility in the fourth quarter of 2024.
お知らせ • Jul 31Hess Corporation Provides Production Guidance for the Third Quarter of 2024Hess Corporation provided production guidance for the third quarter of 2024. For the quarter, the company expects E&P net production to be in the range of 460,000 boepd to 470,000 boepd, primarily reflecting planned downtime in Guyana and Southeast Asia.
お知らせ • Oct 26Hess Corporation Updates Production Guidance for the Full Year 2023Hess Corporation updated production guidance for the full year 2023. Net production is now forecast to be approximately 390,000 boepd, which is at the upper end of the previous guidance range of 385,000 boepd to 390,000 boepd.
お知らせ • Jul 27Hess Corporation Revises Production Guidance for the Full Year 2023Hess Corporation revised production guidance for the full year 2023. for the year, the company expects Net production to be approximately 115,0002 bopd, compared to its previous guidance range of 105,000 bopd to 110,000 bopd.
お知らせ • Jul 23+ 15 more updatesHess Corporation(NYSE:HES) dropped from Russell 1000 Value BenchmarkHess Corporation(NYSE:HES) dropped from Russell 1000 Value Benchmark
お知らせ • Jul 18+ 1 more updateChevron Corporation (NYSE:CVX) Completed the acquisition of Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others.Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others for $52.7 billion on October 22, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion. In aggregate, upon closing of the transaction, Chevron will issue approximately 317 million shares of common stock. The transaction price represents a premium of 10.3% on a 20-day average based on closing stock prices on October 20, 2023. In addition, John Hess is expected to join Chevron’s Board of Directors. The transaction would be accretive to cash flow per share and extends growth into 2030s. In case of termination, Hess will pay Chevron a termination fee of approximately $1.715 billion under certain circumstances provided in the merger agreement. The acquisition is subject to Hess shareholder approval. It is also subject to regulatory approvals, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, the effectiveness of the Registration Statement on Form S-4 to be filed by Chevron pursuant to which the shares of Chevron common stock to be issued in connection with the Merger will be registered with the U.S. Securities and Exchange Commission and the authorization for listing on the New York Stock Exchange of the shares of Chevron common stock to be issued in connection with the Merger and other customary closing conditions. The transaction has been unanimously approved by the Boards of Directors of both companies. As on December 7, 2023, HSR Act waiting period is further extended by 30 days after FTC's second review request. As on May 13, 2024, US Senate majority leader Chuck Schumer has demanded that the Federal Trade Commission (FTC) should block the merger. Hess shareholders approved the transaction at special meeting held on May 28, 2024. On September 30, 2024, Hess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. The Federal Trade Commission has ordered that Hess CEO John Hess is barred from joining the Chevron board. The transaction is expected to close by the end of the first half of 2024. As per updated filing, transaction is expected to close in middle of 2024. As of March 17, 2025, Between January and March 2025, Chevron Corporation purchased 15,380,000 shares of Hess Corporation common stock at prevailing market prices in open market transactions. The number of shares purchased represents approximately 4.99% of the shares of Hess common stock outstanding as of January 31, 2025. These purchases, which were made at prices that represent a discount to the price of shares of Hess common stock implied in the exchange ratio set forth in the Merger Agreement entered into between Chevron and Hess on October 22, 2023. These purchases of shares of Hess common stock are in addition to repurchases of Chevron common stock being made for the first quarter ending March 31, 2025. As of July 17, 2025, decision to rescind the orders related to the Chevron/Hess matters has been agreed by Mark R. Meador. Morgan Stanley & Co. LLC is acting as lead financial advisor to Chevron. Evercore also advised Chevron. Kyle Seifried,Stan Richards, Scott Barshay, John Kennedy, Christodoulos Kaoutzanis, Caith Kushner and Manuel Frey, Lawrence Witdorchic, Brian Krause, Claudine Meredith-Goujon, and Peter Fisch of Paul, Weiss, Rifkind, Wharton & Garrison LLP are acting as legal advisors to Chevron. Goldman Sachs & Co. LLC is acting as lead financial advisor and fairness opinion provider to Hess. J.P. Morgan Securities LLC also advised Hess. Martin Lipton, Karessa L. Cain, Zachary S. Podolsky, Nelson O. Fitts, Jeannemarie O'Brien, Emily D. Johnson and T. Eiko Stange of Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Hess. Stuart Rogers of Alston & Bird LLP represented Morgan Stanley & Co. LLC as financial advisor. David A. Higbee, Ben Gris and Jonathan Cheng of Shearman & Sterling LLP is acting as legal advisor to Chevron in the transaction. Morgan Stanley and Paul, Weiss, Rifkind, Wharton & Garrison also provided due diligence services. Computershare, Inc. acted as transfer agent for Hess and Computershare Shareowner Services LLC acted as transfer agent for Chevron. Hess has retained MacKenzie Partners, Inc. to assist in the solicitation of proxies for an estimated fee of approximately $40,000. Hess has agreed to pay Goldman Sachs a transaction fee of $80 million, $4 million of which became payable upon the announcement of the merger, and the remainder of which is contingent upon consummation of the merger. Chevron Corporation (NYSE:CVX) Completed the acquisition of Hess Corporation (NYSE:HES) from The Vanguard Group, Inc., FMR LLC, BlackRock, Inc., State Street Corporation and others on July 18, 2025. Hess continuing as the surviving corporation and a direct, wholly owned subsidiary of Chevron. Hess common stock was suspended from trading on the New York Stock Exchange (the “NYSE”) prior to the open of trading on July 18 , 2025.
お知らせ • Jul 09Hess Corporation to Report Q2, 2025 Results on Jul 30, 2025Hess Corporation announced that they will report Q2, 2025 results on Jul 30, 2025
お知らせ • Jun 30+ 3 more updatesHess Corporation(NYSE:HES) dropped from Russell 3000 Growth IndexHess Corporation(NYSE:HES) dropped from Russell 3000 Growth Index
お知らせ • May 15Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on June 30, 2025The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on June 30, 2025 to holders of record at the close of business on June 16, 2025.
お知らせ • Apr 30Hess Corporation Provides Production Guidance for the Second Quarter of 2025Hess Corporation provided production guidance for the second quarter of 2025. For the quarter, the company expects E&P net production to be in the range of 480,000 boepd to 490,000 boepd.
お知らせ • Apr 10Hess Corporation to Report Q1, 2025 Results on Apr 30, 2025Hess Corporation announced that they will report Q1, 2025 results on Apr 30, 2025
お知らせ • Apr 07Hess Corporation, Annual General Meeting, May 14, 2025Hess Corporation, Annual General Meeting, May 14, 2025.
お知らせ • Mar 06Hess Announces Regular Quarterly Dividend on Common Stock, Payable on March 31, 2025The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on March 31, 2025 to holders of record at the close of business on March 17, 2025.
お知らせ • Jan 29Hess Corporation Provides Production Guidance for the First Quarter of 2025Hess Corporation provided production guidance for the first quarter of 2025. For the quarter, the company expects net production guidance for Guyana for the first quarter of 2025 includes tax barrels of approximately 20,000 bopd.
お知らせ • Jan 07Hess Corporation to Report Q4, 2024 Results on Jan 29, 2025Hess Corporation announced that they will report Q4, 2024 results on Jan 29, 2025
お知らせ • Dec 05Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on December 31, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on December 31, 2024 to holders of record at the close of business on December 16, 2024.
Recent Insider Transactions • Nov 08Key Executive recently sold €8.0m worth of stockOn the 5th of November, Gregory Hill sold around 63k shares on-market at roughly €127 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €11m.
お知らせ • Nov 02Hess Corporation Provides Consolidated Production Guidance for the Fourth Quarter of 2024Hess Corporation provided production guidance for the fourth quarter of 2024. For the quarter, the company's E&P net production is expected to be in the range of 475,000 boepd to 485,000 boepd, primarily reflecting recovery from downtime in the third quarter of 2024 at Guyana and Southeast Asia partially offset by planned maintenance at the Tubular Bells production facility in the fourth quarter of 2024.
Reported Earnings • Nov 01Third quarter 2024 earnings released: EPS: US$1.62 (vs US$1.65 in 3Q 2023)Third quarter 2024 results: EPS: US$1.62 (down from US$1.65 in 3Q 2023). Revenue: US$3.13b (up 14% from 3Q 2023). Net income: US$498.0m (down 1.2% from 3Q 2023). Profit margin: 16% (down from 18% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 03Hess Corporation to Report Q3, 2024 Results on Oct 30, 2024Hess Corporation announced that they will report Q3, 2024 results on Oct 30, 2024
お知らせ • Oct 01Hess Corporation Announces HSR Clearance Of Chevron-Hess MergerHess Corporation announced that the Federal Trade Commission (FTC) antitrust review of the Chevron-Hess merger has been completed, satisfying one of the closing conditions for the transaction. To facilitate completion of the merger, Hess and Chevron have agreed that Mr. Hess will not be appointed to the Chevron Board of Directors in order to address a concern raised by the FTC about Mr. Hess’ communications with a limited number of OPEC officials. However, Mr. Hess will serve as an advisor and representative for Chevron on government relations and social investments in Guyana as well as on support for the Salk Institute’s Harnessing Plants Initiative. The Hess Board of Directors believes that the competitive concern raised by the FTC about Mr. Hess’ communications is without merit, and fully supports Mr. Hess in his role as CEO of Hess Corporation. Mr. Hess’ public and private communications with OPEC officials were consistent with his communications with U.S. government officials, the International Energy Agency and global business leaders on what will be needed to ensure an affordable and orderly energy transition. Completion of the merger remains subject to the Merger Agreement's closing conditions, including the satisfactory resolution of ongoing arbitration proceedings regarding preemptive rights in the Stabroek Block joint operating agreement.
Declared Dividend • Sep 09Second quarter dividend of US$0.50 announcedShareholders will receive a dividend of US$0.50. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 1.5%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (20% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 54% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Sep 05Hess Corporation Increases Regular Quarterly Dividend on Common Stock, Payable on September 30, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 50 cents per share payable on the Common Stock of the Corporation on September 30, 2024 to holders of record at the close of business on September 16, 2024. The dividend represents an approximate 14% increase compared to the dividend for the second quarter of 2024, which equals a 25 cent increase per share on an annualized basis.
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: US$2.47 (vs US$0.39 in 2Q 2023)Second quarter 2024 results: EPS: US$2.47 (up from US$0.39 in 2Q 2023). Revenue: US$3.26b (up 45% from 2Q 2023). Net income: US$757.0m (up US$638.0m from 2Q 2023). Profit margin: 23% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 37% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 31Hess Corporation Provides Production Guidance for the Third Quarter of 2024Hess Corporation provided production guidance for the third quarter of 2024. For the quarter, the company expects E&P net production to be in the range of 460,000 boepd to 470,000 boepd, primarily reflecting planned downtime in Guyana and Southeast Asia.
お知らせ • Jul 04Hess Corporation to Report Q2, 2024 Results on Jul 31, 2024Hess Corporation announced that they will report Q2, 2024 results on Jul 31, 2024
Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (3.4%).
Declared Dividend • May 20First quarter dividend of US$0.44 announcedShareholders will receive a dividend of US$0.44. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (27% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 16Hess Corporation Declares Regular Quarterly Dividend, Payable on June 28, 2024The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on June 28, 2024 to holders of record at the close of business on June 14, 2024.
Reported Earnings • Apr 26First quarter 2024 earnings released: EPS: US$3.18 (vs US$1.13 in 1Q 2023)First quarter 2024 results: EPS: US$3.18 (up from US$1.13 in 1Q 2023). Revenue: US$3.34b (up 41% from 1Q 2023). Net income: US$972.0m (up 181% from 1Q 2023). Profit margin: 29% (up from 15% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 06Hess Corporation, Annual General Meeting, May 15, 2024Hess Corporation, Annual General Meeting, May 15, 2024, at 09:00 Central Standard Time. Agenda: To elect twelve directors; to conduct a non-binding advisory vote to approve the compensation of named executive officers; to act upon the ratification of the selection by the audit committee of Ernst & Young LLP as independent registered public accountants; and to consider other business issues.
お知らせ • Apr 05Hess Corporation to Report Q1, 2024 Results on Apr 25, 2024Hess Corporation announced that they will report Q1, 2024 results on Apr 25, 2024
Recent Insider Transactions • Mar 22Insider recently sold €1.0m worth of stockOn the 20th of March, Geurt Schoonman sold around 7k shares on-market at roughly €139 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €18m. Insiders have been net sellers, collectively disposing of €31m more than they bought in the last 12 months.
お知らせ • Mar 19Exxon Mobil Chief Executive Officer Says Not Trying to Acquire HessExxon Mobil Corporation (NYSE:XOM) Chief Executive Officer Darren Woods on March 18, 2024 said his company is trying to secure preemption rights over Hess Corporation (NYSE:HES) Guyana assets in its dispute with Chevron Corporation (NYSE:CVX), not buy the company itself. In his first public remarks on the company's pursuit of an arbitration case that could block Chevron's $53 billion deal for Hess, Woods said Exxon would not have waited for Chevron to announce its Hess deal if it had wanted to buy Hess. "We're basically standing up for what we believe is a fundamental right," Woods told Reuters. Exxon is trying to "secure and confirm the rights in that contract gives the existing partners." Exxon wants to "evaluate that value and do what is in the best interest of Exxon Mobil shareholders, given the investments that we've made and all the work we've done to make that successful." Hess and Chevron have said they disagree with Exxon's interpretation of the joint operating agreement that governs the Exxon, Hess and CNOOC Limited (SEHK:883), consortium responsible for all of Guyana's oil production. Chevron's acquisition of Hess has been stalled by the U.S. Federal Trade Commission's request for additional information on the merger. That request pushed back any closing to at least the middle of this year.
Declared Dividend • Mar 11Fourth quarter dividend of US$0.44 announcedShareholders will receive a dividend of US$0.44. Ex-date: 15th March 2024 Payment date: 28th March 2024 Dividend yield will be 1.2%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (39% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • Mar 03CEO & Director recently sold €18m worth of stockOn the 29th of February, John Hess sold around 136k shares on-market at roughly €135 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.
Reported Earnings • Feb 01Full year 2023 earnings released: EPS: US$4.52 (vs US$6.80 in FY 2022)Full year 2023 results: EPS: US$4.52 (down from US$6.80 in FY 2022). Revenue: US$10.6b (down 3.8% from FY 2022). Net income: US$1.38b (down 34% from FY 2022). Profit margin: 13% (down from 19% in FY 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
New Risk • Feb 01New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 13% Last year net profit margin: 19% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Profit margins are more than 30% lower than last year (13% net profit margin).
お知らせ • Jan 12Hess Corporation to Report Q4, 2023 Results on Jan 31, 2024Hess Corporation announced that they will report Q4, 2023 results on Jan 31, 2024
お知らせ • Dec 07Hess Corporation Announces Regular Quarterly Dividend on Common Stock, Payable on December 29, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on December 29, 2023 to holders of record at the close of business on December 18, 2023.
Reported Earnings • Oct 26Third quarter 2023 earnings released: EPS: US$1.65 (vs US$1.67 in 3Q 2022)Third quarter 2023 results: EPS: US$1.65 (down from US$1.67 in 3Q 2022). Revenue: US$2.84b (down 7.0% from 3Q 2022). Net income: US$504.0m (down 2.1% from 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 67% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 26Hess Corporation Updates Production Guidance for the Full Year 2023Hess Corporation updated production guidance for the full year 2023. Net production is now forecast to be approximately 390,000 boepd, which is at the upper end of the previous guidance range of 385,000 boepd to 390,000 boepd.
お知らせ • Oct 24Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) for approximately $53 billion.Chevron Corporation (NYSE:CVX) entered into a definitive agreement to acquire Hess Corporation (NYSE:HES) for approximately $53 billion on October 22, 2023. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The total enterprise value, including debt, of the transaction is $60 billion. In aggregate, upon closing of the transaction, Chevron will issue approximately 317 million shares of common stock. The transaction price represents a premium of 10.3% on a 20-day average based on closing stock prices on October 20, 2023. In addition, John Hess is expected to join Chevron’s Board of Directors. The transaction would be accretive to cash flow per share and extends growth into 2030s. The acquisition is subject to Hess shareholder approval. It is also subject to regulatory approvals and other customary closing conditions. The transaction has been unanimously approved by the Boards of Directors of both companies and is expected to close by the end of the first half of 2024. Morgan Stanley & Co. LLC is acting as lead financial advisor to Chevron. Evercore also advised Chevron. Paul, Weiss, Rifkind, Wharton & Garrison LLP is acting as legal advisor to Chevron. Goldman Sachs & Co. LLC is acting as lead financial advisor to Hess. J.P. Morgan Securities LLC also advised Hess. Wachtell, Lipton, Rosen & Katz is acting as legal advisor to Hess.
お知らせ • Oct 06Hess Corporation to Report Q3, 2023 Results on Oct 05, 2023Hess Corporation announced that they will report Q3, 2023 results on Oct 05, 2023
お知らせ • Sep 07Hess Corporation Increases Regular Quarterly Dividend on Common Stock, Payable on September 29, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on September 29, 2023 to holders of record at the close of business on September 18, 2023.
Recent Insider Transactions • Aug 02Key Executive recently sold €4.6m worth of stockOn the 31st of July, Gregory Hill sold around 33k shares on-market at roughly €137 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €9.4m.
お知らせ • Jul 27Hess Corporation Revises Production Guidance for the Full Year 2023Hess Corporation revised production guidance for the full year 2023. for the year, the company expects Net production to be approximately 115,0002 bopd, compared to its previous guidance range of 105,000 bopd to 110,000 bopd.
Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: US$0.39 (vs US$2.15 in 2Q 2022)Second quarter 2023 results: EPS: US$0.39 (down from US$2.15 in 2Q 2022). Revenue: US$2.24b (down 22% from 2Q 2022). Net income: US$119.0m (down 82% from 2Q 2022). Profit margin: 5.3% (down from 23% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jun 15Now 22% undervaluedOver the last 90 days, the stock is up 8.8%. The fair value is estimated to be €158, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings is also forecast to grow by 17% per annum over the same time period.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.44 per share at 1.3% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.4%).
お知らせ • May 18Hess Corporation Declares Regular Quarterly Dividend, Payable on the Common Stock of the Corporation on June 30, 2023The Board of Directors of Hess Corporation declared a regular quarterly dividend of 43.75 cents per share payable on the Common Stock of the Corporation on June 30, 2023 to holders of record at the close of business on June 15, 2023.
Buying Opportunity • May 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 1.9%. The fair value is estimated to be €161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings is also forecast to grow by 18% per annum over the same time period.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: US$1.14 (vs US$1.35 in 1Q 2022)First quarter 2023 results: EPS: US$1.14 (down from US$1.35 in 1Q 2022). Revenue: US$2.45b (up 8.9% from 1Q 2022). Net income: US$346.0m (down 17% from 1Q 2022). Profit margin: 14% (down from 19% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Apr 02Key Executive recently sold €917k worth of stockOn the 29th of March, Gregory Hill sold around 8k shares on-market at roughly €122 per share. This transaction amounted to 6.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.9m. Gregory has been a net seller over the last 12 months, reducing personal holdings by €4.8m.
Recent Insider Transactions • Mar 10Insider recently sold €2.9m worth of stockOn the 7th of March, Geurt Schoonman sold around 22k shares on-market at roughly €134 per share. This transaction amounted to 51% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €20m more than they bought in the last 12 months.
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: US$6.80 (vs US$1.82 in FY 2021)Full year 2022 results: EPS: US$6.80 (up from US$1.82 in FY 2021). Revenue: US$11.3b (up 53% from FY 2021). Net income: US$2.10b (up 275% from FY 2021). Profit margin: 19% (up from 7.5% in FY 2021). The increase in margin was driven by higher revenue. Oil reserves and sales price Proven reserves: 1260 MMbbls Average sales price/bbl (hedged): US$85.76 Gas reserves and sales price Proven reserves: 1470 Bcf Average sales price/mcf (hedged): US$5.64 LNG reserves and sales price Proven reserves: 245 MMbbls Average sales price/bbl (hedged): US$35.09 Combined production and costs Oil equivalent production: 125.56 MMboe (114.9 MMboe in FY 2021) Average production cost/Boe: US$18.97 (US$17.91/Boe in FY 2021) Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 26Full year 2022 earnings released: EPS: US$7.18 (vs US$1.82 in FY 2021)Full year 2022 results: EPS: US$7.18 (up from US$1.82 in FY 2021). Revenue: US$11.1b (up 52% from FY 2021). Net income: US$2.22b (up 298% from FY 2021). Profit margin: 20% (up from 7.7% in FY 2021). The increase in margin was driven by higher revenue. Oil reserves and sales price Proven reserves: 1260 MMbbls Average sales price/bbl (hedged): US$85.76 Gas sales price Average sales price/mcf (hedged): US$5.64 LNG sales price Average sales price/bbl (hedged): US$35.09 Combined production Oil equivalent production: 125.56 MMboe (114.9 MMboe in FY 2021) Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 25Hess Corporation Provides Production Guidance for the Year 2023Hess Corporation provided production guidance for the year 2023. Net production is forecast to average between 355,000 and 365,000 barrels of oil equivalent per day in 2023. Bakken net production is forecast to average between 165,000 and 170,000 barrels of oil equivalent per day and Guyana net production is forecast to average approximately 100,000 barrels of oil per day in 2023.
Recent Insider Transactions • Nov 03Key Executive recently sold €1.9m worth of stockOn the 1st of November, Gregory Hill sold around 13k shares on-market at roughly €146 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Gregory has been a net seller over the last 12 months, reducing personal holdings by €7.3m.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: US$1.67 (vs US$0.37 in 3Q 2021)Third quarter 2022 results: EPS: US$1.67 (up from US$0.37 in 3Q 2021). Revenue: US$3.05b (up 78% from 3Q 2021). Net income: US$515.0m (up 348% from 3Q 2021). Profit margin: 17% (up from 6.7% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 4.8% decline forecast for the Oil and Gas industry in Germany. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 07Investor sentiment improved over the past weekAfter last week's 19% share price gain to €131, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 129% over the past three years.
Recent Insider Transactions • Sep 07Insider recently sold €1.5m worth of stockOn the 2nd of September, Andrew Slentz sold around 12k shares on-market at roughly €121 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €74m more than they bought in the last 12 months.
Recent Insider Transactions • Aug 20Key Executive recently sold €1.2m worth of stockOn the 18th of August, Gregory Hill sold around 10k shares on-market at roughly €115 per share. This was the largest sale by an insider in the last 3 months. Gregory has been a seller over the last 12 months, reducing personal holdings by €6.3m.
Reported Earnings • Jul 28Second quarter 2022 earnings released: EPS: US$2.15 (vs US$0.24 loss in 2Q 2021)Second quarter 2022 results: EPS: US$2.15 (up from US$0.24 loss in 2Q 2021). Revenue: US$2.89b (up 88% from 2Q 2021). Net income: US$667.0m (up US$740.0m from 2Q 2021). Profit margin: 23% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 27%, compared to a 141% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €99.81, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 5x in the Oil and Gas industry in Europe. Total returns to shareholders of 93% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €119 per share.
Upcoming Dividend • Jun 07Upcoming dividend of US$0.38 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.2%). Lower than average of industry peers (4.9%).
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: US$1.35 (vs US$0.82 in 1Q 2021)First quarter 2022 results: EPS: US$1.35 (up from US$0.82 in 1Q 2021). Revenue: US$2.37b (up 27% from 1Q 2021). Net income: US$417.0m (up 66% from 1Q 2021). Profit margin: 18% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 33%, compared to a 43% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Recent Insider Transactions • Mar 19Insider recently sold €1.8m worth of stockOn the 16th of March, Richard Lynch sold around 21k shares on-market at roughly €87.24 per share. In the last 3 months, there was an even bigger sale from another insider worth €60m. Insiders have been net sellers, collectively disposing of €90m more than they bought in the last 12 months.
Recent Insider Transactions • Mar 10Executive VP & CFO recently sold €633k worth of stockOn the 7th of March, John Rielly sold around 7k shares on-market at roughly €90.60 per share. This was the largest sale by an insider in the last 3 months. This was John's only on-market trade for the last 12 months.
Reported Earnings • Mar 05Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$1.82 (up from US$10.15 loss in FY 2020). Revenue: US$7.30b (up 61% from FY 2020). Net income: US$559.0m (up US$3.65b from FY 2020). Profit margin: 7.7% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Oil reserves and sales price Proven reserves: 808 MMbbls Average sales price/bbl (hedged): US$60.08 Gas reserves and sales price Proven reserves: 1606 Bcf Average sales price/mcf (hedged): US$4.60 LNG reserves and sales price Proven reserves: 233 MMbbls Average sales price/bbl (hedged): US$30.40 Combined production and costs Oil equivalent production: 114.9 MMboe (121.3 MMboe in FY 2020) Average production cost/Boe: US$17.91 (US$15.19/Boe in FY 2020) Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 27%, compared to a 68% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Feb 05Insider recently sold €430k worth of stockOn the 3rd of February, Andrew Slentz sold around 5k shares on-market at roughly €79.94 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €94m more than they bought in the last 12 months.
Reported Earnings • Jan 28Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$1.81 (up from US$10.15 loss in FY 2020). Revenue: US$7.30b (up 61% from FY 2020). Net income: US$559.0m (up US$3.65b from FY 2020). Profit margin: 7.7% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to grow 24%, compared to a 77% growth forecast for the oil industry in Germany. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Dec 11Key Executive recently sold €258k worth of stockOn the 8th of December, Gregory Hill sold around 4k shares on-market at roughly €71.78 per share. In the last 3 months, they made an even bigger sale worth €914k. Gregory has been a seller over the last 12 months, reducing personal holdings by €4.2m.
Upcoming Dividend • Dec 07Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 14 December 2021. Payment date: 30 December 2021. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (4.4%).
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS US$0.37 (vs US$0.80 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$1.81b (up 61% from 3Q 2020). Net income: US$115.0m (up US$358.0m from 3Q 2020). Profit margin: 6.4% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.