Equities Analysts Set Expectations for Hess FY2026 Earnings

Hess Co. (NYSE:HES) – Analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for Hess in a report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng expects that the oil and gas producer will post earnings of $13.10 per share for the year. Scotiabank has a “Sector Perform” rating and a $167.00 price target on the stock. The consensus estimate for Hess’ current full-year earnings is $9.74 per share.

Hess (NYSE:HES) last posted its quarterly earnings results on Wednesday, October 30th. The oil and gas producer reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.88 by $0.26. The firm had revenue of $3.20 billion for the quarter, compared to analyst estimates of $2.96 billion. Hess had a return on equity of 27.41% and a net margin of 20.58%. Hess’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.64 earnings per share.

HES has been the topic of a number of other research reports. BMO Capital Markets boosted their target price on Hess from $155.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, October 4th. Wells Fargo & Company upgraded Hess from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $151.00 to $193.00 in a research note on Monday, December 9th. Mizuho decreased their price target on Hess from $210.00 to $194.00 and set a “neutral” rating for the company in a research note on Monday, September 16th. Piper Sandler decreased their price target on Hess from $173.00 to $167.00 in a research note on Friday, September 13th. Finally, Pickering Energy Partners upgraded Hess to a “hold” rating in a research note on Friday, January 3rd. Six research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $170.50.

Hess Stock Performance

Shares of NYSE HES opened at $139.59 on Friday. The business’s 50-day moving average price is $139.85 and its two-hundred day moving average price is $139.62. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.26 and a quick ratio of 1.13. Hess has a one year low of $123.79 and a one year high of $163.98. The company has a market capitalization of $43.01 billion, a P/E ratio of 16.27 and a beta of 1.18.

Hedge Funds Weigh In On Hess

Hedge funds have recently modified their holdings of the stock. Groupama Asset Managment grew its position in Hess by 22.7% during the 3rd quarter. Groupama Asset Managment now owns 22,606 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 4,186 shares during the last quarter. Covestor Ltd grew its position in Hess by 59.8% during the 3rd quarter. Covestor Ltd now owns 262 shares of the oil and gas producer’s stock worth $36,000 after acquiring an additional 98 shares during the last quarter. FSA Wealth Management LLC bought a new stake in Hess during the 3rd quarter worth approximately $37,000. Eastern Bank bought a new stake in Hess during the 3rd quarter worth approximately $48,000. Finally, LRI Investments LLC boosted its position in Hess by 157.2% in the 3rd quarter. LRI Investments LLC now owns 355 shares of the oil and gas producer’s stock valued at $51,000 after buying an additional 217 shares during the last quarter. 88.51% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hess news, SVP Geurt G. Schoonman sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $141.91, for a total value of $851,460.00. Following the completion of the transaction, the senior vice president now owns 27,581 shares of the company’s stock, valued at $3,914,019.71. This represents a 17.87 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO John B. Hess sold 90,476 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $142.47, for a total value of $12,890,115.72. Following the completion of the transaction, the chief executive officer now directly owns 223,147 shares of the company’s stock, valued at approximately $31,791,753.09. The trade was a 28.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 314,370 shares of company stock valued at $45,856,309. Insiders own 9.76% of the company’s stock.

Hess Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a dividend of $0.50 per share. The ex-dividend date was Monday, December 16th. This represents a $2.00 annualized dividend and a dividend yield of 1.43%. Hess’s dividend payout ratio is presently 23.31%.

Hess Company Profile

Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas. The company operates in two segments, Exploration and Production, and Midstream. It conducts production operations primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities principally offshore Guyana, the U.S.