Hess Corp.

Hess is a global exploration and production company engaged in exploration, development, production, transportation, purchase and sale of crude oil, natural gas liquid (NGL), and natural gas with production operations located primarily in the United States, Guyana, the Malaysia/Thailand Joint Development Area, Malaysia and Denmark. The company's Midstream operating segment provides fee-based services, including gathering, compressing and processing natural gas and fractionating NGL; gathering, terminaling, loading and transporting crude oil and NGL; storing and terminaling propane, and water handling services primarily in the Bakken shale play in the Williston Basin area of North Dakota.
  • TickerHES
  • ISINUS42809H1077
  • ExchangeNew York Stock Exchange
  • SectorOil & Gas Producers
  • CountryUnited States

Hess Corp: 1 director

A director at Hess Corp sold after exercising options/sold 74,074 shares at 89.256USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing ru...

Valens Research

Valens Equity Insights and Inflections - 2021 06 08

Even after the company's impressive rally, current market expectations for PENN are still too pessimistic. While markets expect UAFRS-based ROA (Uniform ROA or ROA') to improve to levels not seen since 2010-2012, the company has significant further upside in returns, and therefore valuations. The market is not fully recognizing how the company's sports betting strategy, centered around its Barstool investment, can help significantly turbocharge returns and also give a material lift to the existing business too. The significant market opportunity in sports betting, as the wave of legalization...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Small-Caps Re-Emerging As Leadership In last week's Compass we highlighted what we view as compelling signals that risk appetites are improving, which is bullish for the broad market. The trend of improving risk appetites has only continued over the past week and we are moving toward an outright bullish outlook. Small- & Micro-Caps. Russell Micro-Caps (IWC) and the Russell 2000 (IWM) are making bullish price inflections and RS is forming bullish bases -- shift exposure back to small-caps where possible. Price and RS improvement for small- and micro-caps is a huge positive for the broad marke...

Valens Research

HES - Embedded Expectations Analysis - 2021 06 02

Hess Corporation (HES:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 31.3x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to inflect positively, but management may have concerns about debottlenecking project execution, Gulf of Mexico production, and FPSO vessel investments Specifically, management may lack confidence in their ability to execute optimization and debottlenecking projects for their vessels, meet their Gulf of Mexico net production guidance, and ramp-up 6 floating production storage and offloa...

Valens Research

Valens Credit Weekly Insights - 2021 05 12

Valens Credit Research team highlights HES, which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: Many health care names are staging reversals and breaking above bullish bases, including IVC, CUTR, VREX, EHC, SEM, AMED, MD, HAE, RGEN, BIO, LCI, PBH, Semiconductor and semi-suppliers continue to be leadership (ex. ACLS, VECO, COHU, QRVO, SWKS, SYNA, CRUS, SMTC, QCOM) A number of auto component suppliers appear to be bottoming (ex. AXL, DAN, BWA)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Upgrading equal-weight Energy Of the ten items highlighted in last week's Compass that we would like to see in order to turn more bullish, two have happened -- equal-weighted Energy and UK/European Financials are breaking out. Just as important, the other eight items have not deteriorated significantly. This only serves to add to our already positive outlook as equities are poised to test all-time highs. • Upgrading equal-weight Energy to market weight. Energy equities are waking up and beginning to respond to higher crude oil prices. We are upgrading equal-weight Energy to market weight a...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Auto Component suppliers are bottoming. (ex. ADNT, DLPH, BWA, DAN, GTX, and LCII) • A number of E&P companies are showing signs of potential bottoms. (ex. PXD, DVN, NBL, EOG, and HES) • Banks and money managers are showing signs of emerging leadership. (JPM, BAC, C, PNC, SBNY, WTFC, IVZ, AMP, SEIC, and MS.

Hess Corp: 1 director

A director at Hess Corp sold after exercising options/sold 74,074 shares at 89.256USD and the significance rating of the trade was 75/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing ru...

Valens Research

Valens Equity Insights and Inflections - 2021 06 08

Even after the company's impressive rally, current market expectations for PENN are still too pessimistic. While markets expect UAFRS-based ROA (Uniform ROA or ROA') to improve to levels not seen since 2010-2012, the company has significant further upside in returns, and therefore valuations. The market is not fully recognizing how the company's sports betting strategy, centered around its Barstool investment, can help significantly turbocharge returns and also give a material lift to the existing business too. The significant market opportunity in sports betting, as the wave of legalization...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Small-Caps Re-Emerging As Leadership In last week's Compass we highlighted what we view as compelling signals that risk appetites are improving, which is bullish for the broad market. The trend of improving risk appetites has only continued over the past week and we are moving toward an outright bullish outlook. Small- & Micro-Caps. Russell Micro-Caps (IWC) and the Russell 2000 (IWM) are making bullish price inflections and RS is forming bullish bases -- shift exposure back to small-caps where possible. Price and RS improvement for small- and micro-caps is a huge positive for the broad marke...

Valens Research

HES - Embedded Expectations Analysis - 2021 06 02

Hess Corporation (HES:USA) currently trades above corporate averages relative to UAFRS-based (Uniform) earnings, with a 31.3x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to inflect positively, but management may have concerns about debottlenecking project execution, Gulf of Mexico production, and FPSO vessel investments Specifically, management may lack confidence in their ability to execute optimization and debottlenecking projects for their vessels, meet their Gulf of Mexico net production guidance, and ramp-up 6 floating production storage and offloa...

Valens Research

Valens Credit Weekly Insights - 2021 05 12

Valens Credit Research team highlights HES, which has a compelling bond offering that we believe the market is currently mispricing, with strong fundamentals, favorable management alignment, and an actionable trade.

Valens Research

HES - Valens Credit Report - 2021 05 06

Credit markets are overstating credit risk, with a YTW of 2.236% and a CDS of 117bps relative to an Intrinsic YTW of 1.226% and Intrinsic CDS of 39bps. Furthermore, Moody's is overstating the firm's fundamental credit risk, with its Ba1 credit rating three notches lower than Valens' IG4+ (Baa1) credit rating Incentives Dictate Behavior™ analysis highlights mostly favorable signals for credit holders. Management's compensation framework should drive them to focus on all three value drivers; asset efficiency, growth, and margins, which should lead to Uniform ROA improvement and higher cash flow...

Hess Corporation - December 2017 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

Hess Corporation: Hess' share buyback erodes its cash position

The company’s $1 billion share buyback comes at a time of high spending needs and portfolio repositioning.

Hess Corporation: Share buyback erodes cash cushion underpinning Ba1 rating

Share repurchase is an ill-timed use of cash

Hess Corporation

This document consists of file spreadsheets/PBC_1105144. xlsx.

Hess Corporation - September 2017 (LTM): Peer Snapshot

Peer Snapshot: Hess Corporation - September 2017 (LTM) 19 December 2017 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE Dec-15 FYE Dec-16 LTM Sep-17 FYE

HESS sees an upgrade to Slightly Negative thanks to a better star rating, but the title remains unattractive

The independent financial analyst theScreener just awarded an improved star rating to HESS (US), active in the Integrated Oil & Gas industry. As regards its fundamental valuation, the title receives an improved star rating and now shows 2 out of 4 possible stars. Given its market behaviour as risky, theScreener considers that these elements allowing slightly upgrading its general evaluation to Slightly Negative; the title, however, remains unattractive. As of the analysis date November 10, 2020, the closing price was USD 44.79 and its target price was estimated at USD 27.82.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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