Hess Corporation

NYSE:HES Stock Report

Market Cap: US$40.1b

Hess Past Earnings Performance

Past criteria checks 6/6

Hess has been growing earnings at an average annual rate of 63.6%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 18.9% per year. Hess's return on equity is 26%, and it has net margins of 21.2%.

Key information

63.6%

Earnings growth rate

63.7%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate18.9%
Return on equity26.0%
Net Margin21.2%
Last Earnings Update30 Sep 2024

Recent past performance 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

Revenue & Expenses Breakdown

How Hess makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:HES Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2412,4632,6402,6240
30 Jun 2412,0982,6462,5770
31 Mar 2411,1852,0082,5310
31 Dec 2310,2951,3822,5350
30 Sep 2310,2701,4662,5380
30 Jun 2310,5671,4772,4630
31 Mar 2311,1802,0252,2900
31 Dec 2211,0692,0962,1710
30 Sep 2210,4551,8641,9430
30 Jun 229,1221,4641,8220
31 Mar 227,6927241,7830
31 Dec 217,3015591,7110
30 Sep 216,3251971,5970
30 Jun 215,733-1611,5840
31 Mar 215,092-4081,5510
31 Dec 204,543-3,0931,7250
30 Sep 204,885-3,2181,9660
30 Jun 205,293-3,1871,9970
31 Mar 206,090-2,8732,0020
31 Dec 196,311-4121,8200
30 Sep 196,287-2061,7020
30 Jun 196,500-471,7570
31 Mar 196,378-1831,8130
31 Dec 186,152-3281,8240
30 Sep 186,177-3,0011,9070
30 Jun 185,752-3,5831,8920
31 Mar 185,427-3,9011,9360
31 Dec 175,347-4,1202,0490
30 Sep 175,076-6,3342,2950
30 Jun 174,905-6,0502,3930
31 Mar 174,934-5,9942,5420
31 Dec 164,661-6,1732,6900
30 Sep 164,738-3,0832,6440
30 Jun 165,230-2,9982,8560
31 Mar 165,942-3,1472,8930
31 Dec 156,490-3,0082,9290
30 Sep 157,543-1,2012,8800
30 Jun 158,510-5982,9730
31 Mar 159,3539303,0180
31 Dec 1410,4621,6353,0200
30 Sep 1410,5582,5693,1730
30 Jun 1410,5852,5903,0030
31 Mar 1410,8063,0303,1150
31 Dec 1311,5333,8663,4360

Quality Earnings: HES has high quality earnings.

Growing Profit Margin: HES's current net profit margins (21.2%) are higher than last year (14.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HES has become profitable over the past 5 years, growing earnings by 63.6% per year.

Accelerating Growth: HES's earnings growth over the past year (80.1%) exceeds its 5-year average (63.6% per year).

Earnings vs Industry: HES earnings growth over the past year (80.1%) exceeded the Oil and Gas industry -14.2%.

Return on Equity

High ROE: HES's Return on Equity (26%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 06:08
End of Day Share Price 2024/12/30 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