Hess HES
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Hess (HES) Business Model and Operations Summary
Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2024, the company reported net proved reserves of 1.44 billion barrels of oil equivalent. Net production averaged 481 thousand barrels of oil equivalent per day in 2024, at a ratio of 79% oil and natural gas liquids and 21% natural gas.
Key Insights
Hess (HES) Core Market Data and Business Metrics
Latest Closing Price
$161.29Market Cap
$49.62 BillionPrice-Earnings Ratio
17.96Total Outstanding Shares
308.29 Million SharesTotal Employees
1,797Dividend
$0.50 Per Share QuarterlyIPO Date
April 6, 1983SIC Description
Petroleum RefiningPrimary Exchange
New York Stock ExchangeHeadquarters
1185 Avenue Of The Americas, New York, NY, 10036
Historical Stock Splits
If you bought 1 share of HES before June 1, 2006, you'd have 3 shares today.
| Execution Date | Split Amount |
|---|---|
| June 1, 2006 | 3-for-1 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities, Continuing | $5.60 Billion |
| Net Cash Flow | $-517 Million |
| Net Cash Flow From Financing Activities, Continuing | $-1.18 Billion |
| Net Cash Flow From Financing Activities | $-1.18 Billion |
| Net Cash Flow, Continuing | $-517 Million |
| Net Cash Flow From Investing Activities | $-4.94 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Interest Expense, Operating | $412 Million |
| Preferred Stock Dividends And Other Adjustments | $0 |
| Costs And Expenses | $8.66 Billion |
| Diluted Average Shares | $308.30 Million |
| Net Income/Loss Attributable To Parent | $2.77 Billion |
| Net Income/Loss Attributable To Noncontrolling Interest | $383 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $3.08 Billion |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $383 Million |
| Other Comprehensive Income/Loss | $-74 Million |
| Comprehensive Income/Loss Attributable To Parent | $2.69 Billion |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Assets | $26.55 Billion |
| Other Non-current Assets | $3.46 Billion |
| Other Non-current Liabilities | $3.14 Billion |
| Current Assets | $3.17 Billion |
| Other Current Liabilities | $2.21 Billion |
| Inventory | $419 Million |
Historical Dividends
Current dividend: $0.50 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 5, 2025 | Mar 31, 2025 | Mar 17, 2025 | $0.5 | Quarterly |
| Dec 4, 2024 | Dec 31, 2024 | Dec 16, 2024 | $0.5 | Quarterly |
| Sep 4, 2024 | Sep 30, 2024 | Sep 16, 2024 | $0.5 | Quarterly |
| May 15, 2024 | Jun 28, 2024 | Jun 14, 2024 | $0.4375 | Quarterly |
| Mar 6, 2024 | Mar 28, 2024 | Mar 18, 2024 | $0.4375 | Quarterly |
| Dec 6, 2023 | Dec 29, 2023 | Dec 18, 2023 | $0.4375 | Quarterly |