Company Overview
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. Gulf of Mexico, and offshore Suriname and Canada. The company is also involved in gathering, compressing, and processing natural gas; fractionating NGLs; gathering, terminaling, loading, and transporting crude oil and NGL through rail car; and 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. As of December 31, 2021, it had total proved reserves of 1,309 million barrels of oil equivalent. The company was incorporated in 1920 and is headquartered in New York, New York.
Company Information
- CEO
- John B. Hess
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Employees
- 1797
Contact Information
- Website
- https://www.hess.com
- Address
- 1185 Avenue of the Americas
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Energy leader with 46.07B market capitalization
- Trading Volume: 2.87M shares traded today
- Price Range: 52-week range of $123.79 - $161.69
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Hess Corporation
Hess Corporation (HES) operates in the Oil & Gas Exploration & Production industry within the Energy sector. With a current market capitalization of 46.07B, the company represents a significant player in its market. The stock is currently trading at $148.97 with a positivedaily change of 0.00%.
The company's 1797 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 20.66, beta of 0.63, and 52-week price range from $123.79 to $161.69when evaluating investment opportunities.
Why Invest in Hess Corporation?
Strengths
- • Established market presence in Energy
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under John B. Hess
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
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About Energy Sector
The Energy sector includes companies that explore, produce, refine, and distribute oil, gas, and other energy resources.