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 through two segments, Exploration and Production, and Marketing and Refining. It conducts production operations primarily in the United States, Denmark, the Malaysia/Thailand Joint Development Area, and Malaysia; and exploration activities primarily offshore Guyana, Suriname, Canada, and in the Gulf of Mexico. As of December 31, 2020, the company had total proved reserves of 1,077 million barrels of oil equivalent. It is also involved in the gathering, compressing, and processing of natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGLs through rail car; storing and terminaling propane, as well as providing water handling services primarily in the Bakken Shale plays in the Williston Basin area of North Dakota. The company was incorporated in 1920 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: hess.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/9/2024 | $151.00 → $193.00 | Equal Weight → Overweight | Wells Fargo |
| 9/30/2024 | $150.00 | Peer Perform → Outperform | Wolfe Research |
| 7/18/2024 | Peer Perform | Wolfe Research | |
| 11/7/2023 | $171.00 | Hold → Buy | Argus |
| 11/2/2023 | $189.00 → $166.00 | Outperform → Mkt Perform | Bernstein |
| 4/19/2023 | $184.00 | Buy | UBS |
| 1/27/2023 | $161.00 → $170.00 | Buy → Neutral | Goldman |
| 1/12/2023 | $181.00 | Peer Perform → Outperform | Wolfe Research |
| 1/10/2023 | $150.00 → $164.00 | Buy → Neutral | Mizuho |
| 10/19/2022 | $140.00 | Hold | Jefferies |
11-K - HESS CORP (0000004447) (Filer)
SD - HESS CORP (0000004447) (Filer)
8-K - HESS CORP (0000004447) (Filer)
10-Q - HESS CORP (0000004447) (Filer)
8-K - HESS CORP (0000004447) (Filer)
DEFA14A - HESS CORP (0000004447) (Filer)
DEF 14A - HESS CORP (0000004447) (Filer)
8-K - HESS CORP (0000004447) (Filer)
10-K - HESS CORP (0000004447) (Filer)
SCHEDULE 13G/A - HESS CORP (0000004447) (Subject)
Wells Fargo upgraded Hess from Equal Weight to Overweight and set a new price target of $193.00 from $151.00 previously
Wolfe Research upgraded Hess from Peer Perform to Outperform and set a new price target of $150.00
Wolfe Research resumed coverage of Hess with a rating of Peer Perform
Argus upgraded Hess from Hold to Buy and set a new price target of $171.00
Bernstein downgraded Hess from Outperform to Mkt Perform and set a new price target of $166.00 from $189.00 previously
UBS initiated coverage of Hess with a rating of Buy and set a new price target of $184.00
Goldman downgraded Hess from Buy to Neutral and set a new price target of $170.00 from $161.00 previously
Wolfe Research upgraded Hess from Peer Perform to Outperform and set a new price target of $181.00
Mizuho downgraded Hess from Buy to Neutral and set a new price target of $164.00 from $150.00 previously
Jefferies initiated coverage of Hess with a rating of Hold and set a new price target of $140.00