Hess Corporation (HES) Sets 52-Week High at $67.71 on Jun, 29

June 29, 2018 - By Madeline Delgado

Hess Corporation (NYSE:HES) Corporate Logo

Big Money Sentiment decreased to 0.81 in 2018 Q1. It has change of 0.13, from 2017Q4’s 0.94. The ratio dived due to Hess Corporation positioning: 41 sold and 169 reduced. 49 funds acquired holdings and 121 increased holdings. Investors holded 256.03 million in 2017Q4 but now own 252.61 million shares or 1.34% less.
Bnp Paribas Arbitrage has 0% invested in Hess Corporation (NYSE:HES) for 185,181 shs. Tiaa Cref Invest Management Limited Liability Company has invested 0.02% in Hess Corporation (NYSE:HES). Kentucky Retirement Insurance Trust Fund reported 0.06% in Hess Corporation (NYSE:HES). Moreover, Stephens Incorporated Ar has 0.01% invested in Hess Corporation (NYSE:HES). Gulf Bancshares (Uk) Limited stated it has 87,688 shs. Cypress Asset Mgmt Tx accumulated 0.13% or 9,068 shs. Thompson Siegel & Walmsley Ltd Company has 0% invested in Hess Corporation (NYSE:HES). Cwm Ltd Llc holds 0% in Hess Corporation (NYSE:HES) or 40 shs. Beck Mack & Oliver Ltd holds 0.02% in Hess Corporation (NYSE:HES) or 10,000 shs. Parkside Bank & Trust And Trust reported 0% stake. Moreover, Public Employees Retirement Of Ohio has 0.03% invested in Hess Corporation (NYSE:HES). Levin Strategies L P reported 2.99M shs. Qs Investors Ltd Liability, New York-based fund reported 28,422 shs. Franklin Resource owns 336,597 shs. Texas Yale Cap Corp owns 7,600 shs or 0.03% of their US capital.

Hess Corporation had 15 sales and 11 insider purchases since February 8, 2018. This’s net activity of $8.38 million. Turner Michael R sold $85,039 worth of Hess Corporation (NYSE:HES) on Thursday, February 8. Shares for $25,016 were bought by LAVIZZO-MOUREY RISA J. RIELLY JOHN P sold $150,262 worth of Hess Corporation (NYSE:HES) or 3,382 shs on Thursday, February 8. On Tuesday, March 6 SCHRADER WILLIAM G. also bought $25,016 worth of Hess Corporation (NYSE:HES). Hill Gregory P. also sold $280,442 worth of Hess Corporation (NYSE:HES) on Thursday, February 8. 1,412 Hess Corporation (NYSE:HES) shs with value of $67,959 were sold by Truelove Brian D..

Hess Corporation (NYSE:HES) reached 52 week high with $73.12 target or 8.00 % above the last $67.71 stock price. Barchart.com announced the 52 week high on Jun, 29. The company has $20.32 billion MC. The valuation of NYSE:HES can change by $1.63B if our $73.12 target is reached.

Ticker’s shares touched $67.705 during the last trading session after 3.27% change.Hess Corporation has volume of 2.20 million shares. Since June 29, 2017 HES has risen 23.77% and is uptrending. HES outperformed the S&P 500 by 11.20%.

On July, 25 WallStreet awaited Hess Corporation (NYSE:HES)’s earnings release, according to Faxor. This year’s EPS analyst estimate is awaited to be $-0.34. That is 76.71 % up compareed to $-1.46 EPS for last year. 25.93 % negative EPS growth is what Wall Street’s predicts after $-0.27 reported EPS last quarter.

Hess Corporation (NYSE:HES) Ratings Coverage

A total of 9 analysts rate Hess (NYSE:HES) as follows: 1 “Buy”, 8 “Hold” and 0 “Sell”. Тherefore 11% are bullish. The firm has $64 highest and $48.0 lowest target. The avg target $54 is -20.24% below the last ($67.705) price. (NYSE:HES) has 13 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, February 6 the stock of Hess Corporation (NYSE:HES) earned “Buy” rating by Piper Jaffray. On Tuesday, February 6 the stock has “Hold” rating by BMO Capital Markets. On Wednesday, January 24 Morgan Stanley maintained Hess Corporation (NYSE:HES) with “Equal-Weight” rating. On Monday, February 12 Credit Suisse upgraded Hess Corporation (NYSE:HES) to “Neutral” rating. The stock rating was maintained by BMO Capital Markets with “Hold” on Wednesday, April 11. On Tuesday, January 23 the firm has “Buy” rating given by Piper Jaffray. On Thursday, April 26 Barclays Capital maintained the shares of HES in report with “Equal-Weight” rating. On Sunday, April 22 the stock of Hess Corporation (NYSE:HES) earned “Buy” rating by Piper Jaffray. On Tuesday, January 16 Cowen & Co maintained Hess Corporation (NYSE:HES) rating. Cowen & Co has “Hold” rating and $60.0 target. On Thursday, April 26 KLR Group downgraded the shares of HES in report to “Hold” rating.

More recent Hess Corporation (NYSE:HES) news were released by Seekingalpha.com, Gurufocus.com and Seekingalpha.com. The first one has “Hess, CNX Resources to sell Utica shale JV” as a title and was released on June 29, 2018. The next is “US Stocks Green Wednesday” on June 27, 2018. And last was released on June 19, 2018, called “Oil pipeline companies, producers seek exemptions from steel tariffs”.

Hess Corporation, an exploration and production company, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas.The firm is worth $20.32 billion. The firm operates in two divisions, Exploration and Production, and Bakken Midstream.Currently it has negative earnings. It is also involved in natural gas and crude oil gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading natural gas and crude oil liquids, and the storage and terminating of propane primarily in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota.

Hess Corporation (NYSE:HES) Institutional Investors Chart

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