Zacks Research Has Optimistic Outlook of Hess Q2 Earnings

Hess Co. (NYSE:HES) – Equities research analysts at Zacks Research lifted their Q2 2025 EPS estimates for shares of Hess in a research report issued to clients and investors on Thursday, March 20th. Zacks Research analyst R. Department now forecasts that the oil and gas producer will post earnings per share of $1.91 for the quarter, up from their prior estimate of $1.90. The consensus estimate for Hess’ current full-year earnings is $8.08 per share. Zacks Research also issued estimates for Hess’ Q3 2025 earnings at $1.80 EPS, Q4 2025 earnings at $2.06 EPS, FY2025 earnings at $7.71 EPS and FY2027 earnings at $16.47 EPS.

Several other analysts have also commented on HES. Citigroup raised their target price on Hess from $145.00 to $163.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. StockNews.com assumed coverage on shares of Hess in a research note on Tuesday, March 18th. They set a “hold” rating on the stock. UBS Group boosted their target price on shares of Hess from $185.00 to $186.00 and gave the company a “buy” rating in a research note on Thursday, February 13th. Wells Fargo & Company upgraded shares of Hess from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $151.00 to $193.00 in a research report on Monday, December 9th. Finally, Pickering Energy Partners upgraded Hess to a “hold” rating in a research report on Friday, January 3rd. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $170.60.

Hess Price Performance

Shares of HES opened at $158.51 on Monday. The company has a market capitalization of $48.87 billion, a P/E ratio of 17.61 and a beta of 1.21. The business’s 50-day moving average is $147.22 and its two-hundred day moving average is $141.32. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.13 and a current ratio of 1.12. Hess has a fifty-two week low of $123.79 and a fifty-two week high of $163.98.

Hess (NYSE:HES) last released its quarterly earnings data on Wednesday, January 29th. The oil and gas producer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.32. Hess had a net margin of 21.27% and a return on equity of 26.32%.

Hess Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $2.00 annualized dividend and a yield of 1.26%. Hess’s dividend payout ratio (DPR) is currently 22.22%.

Hedge Funds Weigh In On Hess

Hedge funds have recently made changes to their positions in the company. CIBRA Capital Ltd purchased a new stake in shares of Hess during the fourth quarter worth approximately $14,324,000. Wealth Enhancement Advisory Services LLC raised its position in shares of Hess by 16.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,927 shares of the oil and gas producer’s stock valued at $921,000 after buying an additional 986 shares during the last quarter. PKO Investment Management Joint Stock Co purchased a new position in shares of Hess in the fourth quarter worth about $1,210,000. Aegis Wealth Management LLC acquired a new position in Hess during the fourth quarter worth about $214,000. Finally, Siemens Fonds Invest GmbH boosted its position in Hess by 449.6% during the fourth quarter. Siemens Fonds Invest GmbH now owns 9,497 shares of the oil and gas producer’s stock worth $1,263,000 after acquiring an additional 7,769 shares during the last quarter. Institutional investors and hedge funds own 88.51% of the company’s stock.

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.