Hess Corporation

NYSE:HES Stock Report

Market Cap: US$39.4b

Hess Future Growth

Future criteria checks 3/6

Hess is forecast to grow earnings and revenue by 16.2% and 5.9% per annum respectively. EPS is expected to grow by 16.3% per annum. Return on equity is forecast to be 20.2% in 3 years.

Key information

16.2%

Earnings growth rate

16.3%

EPS growth rate

Oil and Gas earnings growth8.3%
Revenue growth rate5.9%
Future return on equity20.2%
Analyst coverage

Good

Last updated19 Dec 2024

Recent future growth updates

Recent updates

Hess Corporation: All Avenues Lead To Guyana

Nov 21

Hess Corporation: Time Value Clock Is Ticking While Management Remains Silent

Oct 07

Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Oct 01
Hess (NYSE:HES) Has A Pretty Healthy Balance Sheet

Hess Corporation: Manifesting The Time Value Of Money

Aug 01

Hess Chevron Merger - Detailed Insight Into The ICC Arbitration Process And Its Impact

Jun 24

Hess' (NYSE:HES) Dividend Will Be $0.4375

May 29
Hess' (NYSE:HES) Dividend Will Be $0.4375

Hess Corporation: An Attractive Risk/Reward Prospect On Merger Drama (Rating Upgrade)

May 25

Hess Corporation: What Has Changed

May 16

Hess Corporation And An Acquisition That Might Not Close

Apr 14

Hess: Why No Acquisition Premium Is Already A Premium

Feb 13

The Hess Merger Is Likely Going Through, Why Buying The Stock Still Makes Sense

Dec 29

Hess-Chevron: How We Are Playing The Deal With Venezuela Laying Claim To Stabroek Block

Dec 08

CEO John Hess Sells 90-Year Old Hess Corporation To Chevron

Oct 23

Hess Corporation: Time To Buy The Dip

Sep 25

Hess Corporation: Accelerated Cash Flow Growth

Aug 01

Hess Corporation: Guyana Production More Than Triples

May 30

Hess Corporation: Bring On That Cash Flow

Feb 09

Earnings and Revenue Growth Forecasts

NYSE:HES - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202614,7553,5332,0407,5375
12/31/202512,7502,7274806,1506
12/31/202412,7322,7655805,7656
9/30/202412,4632,6409985,632N/A
6/30/202412,0982,6465505,108N/A
3/31/202411,1852,008-394,189N/A
12/31/202310,2951,382-1663,942N/A
9/30/202310,2701,4663933,850N/A
6/30/202310,5671,4771,0294,203N/A
3/31/202311,1802,0251,7224,738N/A
12/31/202211,0692,0961,2193,944N/A
9/30/202210,4551,8641,1503,591N/A
6/30/20229,1221,4646512,867N/A
3/31/20227,6927242352,143N/A
12/31/20217,3015591,1432,890N/A
9/30/20216,3251978652,477N/A
6/30/20215,733-1614581,998N/A
3/31/20215,092-408-2851,479N/A
12/31/20204,543-3,093-8641,333N/A
9/30/20204,885-3,218-1,5151,133N/A
6/30/20205,293-3,187-1,4911,440N/A
3/31/20206,090-2,873-1,1271,849N/A
12/31/20196,311-412-1,1871,642N/A
9/30/20196,287-206-4312,237N/A
6/30/20196,500-47-2822,217N/A
3/31/20196,378-183-4011,967N/A
12/31/20186,152-328-1581,939N/A
9/30/20186,177-3,001-5861,401N/A
6/30/20185,752-3,583N/A1,066N/A
3/31/20185,427-3,901N/A806N/A
12/31/20175,347-4,120N/A945N/A
9/30/20175,076-6,334N/A928N/A
6/30/20174,905-6,050N/A1,172N/A
3/31/20174,934-5,994N/A1,204N/A
12/31/20164,661-6,173N/A795N/A
9/30/20164,738-3,083N/A1,092N/A
6/30/20165,230-2,998N/A1,042N/A
3/31/20165,942-3,147N/A1,485N/A
12/31/20156,490-3,008N/A1,981N/A
9/30/20157,543-1,201N/A2,432N/A
6/30/20158,510-598N/A3,472N/A
3/31/20159,353930N/A3,735N/A
12/31/201410,4621,635N/A4,457N/A
9/30/201410,5582,569N/A4,933N/A
6/30/201410,5852,590N/A4,865N/A
3/31/201410,8063,030N/A5,209N/A
12/31/201311,5333,866N/A5,098N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HES's forecast earnings growth (16.2% per year) is above the savings rate (2.6%).

Earnings vs Market: HES's earnings (16.2% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: HES's earnings are forecast to grow, but not significantly.

Revenue vs Market: HES's revenue (5.9% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: HES's revenue (5.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HES's Return on Equity is forecast to be high in 3 years time (20.2%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Hess Corporation is covered by 55 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
Yim ChengBarclays