Brokers Issue Forecasts for Hess’ Q4 Earnings (NYSE:HES)

Hess Co. (NYSE:HES) – Equities research analysts at Zacks Research lifted their Q4 2025 EPS estimates for Hess in a research report issued to clients and investors on Wednesday, December 11th. Zacks Research analyst R. Department now expects that the oil and gas producer will earn $1.85 per share for the quarter, up from their previous estimate of $1.84. The consensus estimate for Hess’ current full-year earnings is $9.74 per share. Zacks Research also issued estimates for Hess’ Q1 2026 earnings at $2.05 EPS, Q2 2026 earnings at $1.90 EPS, Q3 2026 earnings at $1.88 EPS and FY2026 earnings at $7.86 EPS.

Several other research firms have also recently issued reports on HES. Mizuho cut their price target on shares of Hess from $210.00 to $194.00 and set a “neutral” rating for the company in a report on Monday, September 16th. Citigroup increased their price target on shares of Hess from $145.00 to $163.00 and gave the stock a “neutral” rating in a report on Friday, December 6th. StockNews.com initiated coverage on shares of Hess in a report on Thursday, December 12th. They set a “hold” rating for the company. Wolfe Research raised shares of Hess from a “peer perform” rating to an “outperform” rating and set a $150.00 price target for the company in a report on Monday, September 30th. Finally, BMO Capital Markets increased their price target on shares of Hess from $155.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, October 4th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $170.50.

Hess Price Performance

Shares of HES opened at $135.85 on Monday. Hess has a fifty-two week low of $123.79 and a fifty-two week high of $163.98. The company has a market capitalization of $41.86 billion, a price-to-earnings ratio of 15.83 and a beta of 1.17. The firm has a 50-day simple moving average of $141.56 and a 200-day simple moving average of $141.25. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.13 and a current ratio of 1.26.

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

Hess Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a $0.50 dividend. The ex-dividend date is Monday, December 16th. This represents a $2.00 dividend on an annualized basis and a yield of 1.47%. Hess’s dividend payout ratio (DPR) is presently 23.31%.

Insider Buying and Selling at Hess

In other news, CEO John B. Hess sold 92,894 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $147.80, for a total value of $13,729,733.20. Following the sale, the chief executive officer now directly owns 229,465 shares in the company, valued at $33,914,927. This represents a 28.82 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Geurt G. Schoonman sold 6,000 shares of the stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $141.91, for a total transaction of $851,460.00. Following the completion of the sale, the senior vice president now owns 27,581 shares in the company, valued at $3,914,019.71. This represents a 17.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 314,370 shares of company stock valued at $45,856,309. Corporate insiders own 9.76% of the company’s stock.

Institutional Trading of Hess

Hedge funds have recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new position in shares of Hess in the 2nd quarter valued at $6,054,000. Calamos Advisors LLC increased its stake in Hess by 2.7% during the 2nd quarter. Calamos Advisors LLC now owns 590,326 shares of the oil and gas producer’s stock worth $87,085,000 after buying an additional 15,684 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in Hess by 255.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,836 shares of the oil and gas producer’s stock worth $1,008,000 after buying an additional 4,911 shares during the period. Franklin Resources Inc. increased its stake in Hess by 20.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,213,574 shares of the oil and gas producer’s stock worth $169,767,000 after buying an additional 208,996 shares during the period. Finally, Mizuho Securities USA LLC increased its stake in Hess by 295.5% during the 3rd quarter. Mizuho Securities USA LLC now owns 84,277 shares of the oil and gas producer’s stock worth $11,445,000 after buying an additional 62,966 shares during the period. 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.